Drew Stafford

Buffalo Sabres sign Drew Stafford to four-year, $16M contract extension

The Buffalo Sabres face a lot of free agent questions going into the 2011 off-season, but they opted to answer one of their biggest ones today. The team signed pending restricted free agent Drew Stafford to a four-year, $16 million contract extension according to Mike Harrington of the Buffalo News.

That works out to an annual salary cap hit of $4 million, which is the same exact mark as fellow Sabres forwards Derek Roy and Brad Boyes. Stafford enjoyed an abbreviated breakout season in 2010-11, scoring 31 goals (and 52 points) in just 62 games played. He scored one goal and two assists for three points in the team’s seven-game series against the Philadelphia Flyers.

Obviously, there are natural questions regarding whether or not this was an all-too-convenient “contract year” performance by Stafford. His 17.3 shooting percentage in 10-11 will be tough to duplicate, but he might be able to reach the 30-goal plateau again anyway if he can play in closer to 82 games per season going forward.

Contract year aberration worries aside, there are reasons the Sabres should feel pleased. It’s not a mammoth deal, especially if he can be a 30-goal guy with regularity. He reached the 20-goal mark in 08-09, is only 25-years-old and has the pedigree of a first round pick (13th overall in 2004), so it’s a reasonable gamble.

Using the common estimate of a $60.5-$63.5 million salary cap ceiling for the 2011-13 season, the Sabres will have about $15.6-$18.6 million with 7-10 roster spots to fill. We’ll take a deeper look at the Sabres’ salary cap situation on Saturday.

Kings, NHLPA announce settlement in Richards grievance

Los Angeles Kings v New York Rangers

The Los Angeles Kings announced today that they have “reached an agreement with Mike Richards to resolve the grievance filed in relation to the termination of his NHL Standard Players Contract. The terms are agreeable to all parties.”

The club said that it will not be commenting further “on the terms” of the settlement.

The NHLPA released a similar statement.

It was reported earlier in the week that a settlement was close to being reached; however, it wasn’t clear what salary-cap penalties the Kings would incur.

We’re starting to find out some details now:

How the final numbers differ from what the Kings would have incurred if they’d bought Richards out will be interesting to see. And if there are differences, how will they be justified?

Stay tuned.

Report: Ex-NHLer Aaron Ward arrested for ‘assault on a female’ (Updated)

Brad May, Kevin Hodson, Jiri Fischer, Aaron Ward

Aaron Ward, a 16-year NHL veteran that appeared in over 800 career games, has been arrested for “assault on a female,” per WNCN.

Ward was arrested on Friday in Cary, North Carolina and also charged with interfering with emergency communication, according to the report.

Currently working as an analyst for TSN, Ward spent five years of his career in Carolina, helping the ‘Canes capture the Stanley Cup in 2006.

Update: Per WRAL, Ward’s wife called 9-1-1 after the two had a confrontation around 1 p.m. ET. Police confirmed Ward was arrested at his home in Cary.

According to the warrant for his arrest, he took away his wife’s phone.

Because of the nature of his charges, Ward will spend a mandatory 48 hours in the Wake County jail. Anyone arrested on a domestic violence charge is held for 48 hours before bail is set.

And here’s a statement from TSN: