Shaone Morrisonn

40 players put on waivers; Sabres plan to get under salary cap becomes evident

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It’s an inevitable part of training camp when players are released, cut, or waived. Today, 40 players were placed on waivers by 11 different teams. Among the notable names are two guys who are necessary for their teams to stay under the salary cap in Chicago’s Cristobal Huet and New York Rangers’ Wade Redden. With those players waived, Huet will head back to Europe to play while Redden is destined for the AHL.

A pair of names from Buffalo that landed on the waiver wire were forward Ales Kotalik and defenseman Shaone Morrisonn. The Sabres are currently over the salary cap by more than $3.5 million according to CapGeek.com. By putting Kotalik and Morrisonn on waivers with the purpose of sending them to the AHL and get their salaries off the books, they’ll free up $5.075 million.

Kotalik has a cap hit of $3 million while Morrisonn is set in at $2.075 million. Life in the NHL isn’t always fair and a spot in the big show is never guaranteed, especially when your job can be done by someone with a much lower cap hit. In Morrisonn’s case, his spot on the blue line can be taken by either Mike Weber or Marc-Andre Gragnani. Kotalik’s spot at forward was the most flexible one to be taken as the Sabres have a host of younger players to fill their needs on the wings on their third and fourth lines.

Both Kotalik and Morrisonn came into training camp hoping to prove they could stick with the big team. With the cap crunch being as hard as it was for the Sabres, both players would’ve needed to show above and beyond in camp that they belong in the NHL. While they might’ve been doing that, getting their salaries off the cap and into the AHL makes too much sense for Buffalo. By dumping those two players into the AHL, the Sabres can now get under the cap by nearly $1.5 million. It might not be great business, but it’s how life is with the cap.

To see the full list of those who were waived today, TSN has the full list.

Coyotes hire new COO

GLENDALE, AZ - OCTOBER 09:  Fans line up outside of Gila River Arena before the NHL game between the Arizona Coyotes and the Winnipeg Jets on October 9, 2014 in Glendale, Arizona.  The Jets defeated the Coyotes 6-2.  (Photo by Christian Petersen/Getty Images)
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GLENDALE, Ariz. (AP) The Arizona Coyotes have hired Anaheim Ducks executive Ari Segal as chief operating officer.

The move was announced by the team on Wednesday.

Segal previously served as a special assistant to Anaheim CEO Michael Schulman and as president of business operations for the Ducks’ AHL affiliate in San Diego.

Segal helped with preparations for the new AHL club and recently worked with the NHL in the league’s broadcast media strategy group, evaluating league and team broadcast rights and distribution deals.

Segal previously worked as an associate in the sports practice at McKinsey & Company, a New York-based management consulting firm.

Related: The Coyotes are going in a ‘new direction,’ and that’s an understatement

Jackets re-sign Sedlak, AHL affiliate’s leading playoff scorer

COLUMBUS, OH - SEPTEMBER 20:  Lukas Sedlak #85 of the Columbus Blue Jackets waits for the pass during the game against the Winnipeg Jets on September 20, 2011 at Nationwide Arena in Columbus Ohio.  The Blue Jackets defeated the Jets 5-1.  (Photo by John Grieshop/Getty Images)
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Columbus farmhand Lukas Sedlak, who currently sits tied atop AHL Lake Erie’s playoff scoring leaderboard, has signed a one-year, two-way deal, the Jackets announced on Wednesday.

Sedlak, 23, was a fifth-round pick in 2011 that’s spent the last three years in the American League. This season was by far his most successful — in addition to potting a career-best 14 goals, he’s become close to a point-a-game producer in the playoffs, with 11 through 12 games.

“Sedlak has been on a run for us with goal-scoring,” Lake Erie head coach Jared Bednar said, per the Columbus Dispatch. “He’s not a guy who does it for us every night. But he works so hard in all the other areas.”

Sedlak has yet to make his NHL debut, but could be in the mix for a recall next season.

Despite Canadian dollar, Bettman still expects ‘revenue increase’

NHL commissioner Gary Bettman answers a question during a news conference before the NHL All-Star hockey game skills competition, Saturday, Jan. 30, 2016, in Nashville, Tenn. (AP Photo/Mark Humphrey)
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The Canadian dollar is trading at around $0.77 USD today. While that’s up considerably from where it was a few months ago, the damage has already been done to NHL revenues.

“If the Canadian dollar was still at par, we would be $100 or 200 million higher perhaps than we may find ourselves,” NHL commissioner Gary Bettman told Bloomberg Television today.

Having said that, Bettman still expects there will be a “revenue increase” compared to last year, adding that “we continue to grow year after year and set new records.”

More from Bloomberg:

Bettman said that while the NHL’s revenue growth has come across the entire business, the league has seen its biggest boon in its digital platform. The league last year signed a six-year, $1.2 billion contract with Major League Baseball’s interactive media and Internet arm, or BAM, to operate the its digital operations, streaming services and TV network. The NHL got a 10 percent stake as part the deal.

The NHL playoffs are currently in the middle of the conference finals. The NHL’s fiscal year ends June 30.

League revenues, of course, have a direct impact on the salary cap, and let’s face it, that’s the only thing most fans care about.

As of March, the cap was expected to grow from $71.4 million in 2015-16 to $74 million next season.

However, that projection assumed the NHLPA would accept the CBA’s standard five percent growth factor, and with escrow topping the list of player concerns, that’s no given.

The players’ association will discuss and make a decision on the growth factor at some point before July 1.

Related: Bowman noncommittal on Shaw and Bickell, needs to know salary cap first

Devils’ Merrill undergoes shoulder surgery, out four months

NEWARK, NJ - JANUARY 04: Jon Merrill #7 of the New Jersey Devils skates against the Detroit Red Wings at the Prudential Center on January 4, 2016 in Newark, New Jersey. The Red Wings defeated the Devils 1-0.  (Photo by Bruce Bennett/Getty Images)
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New Jersey d-man Jon Merrill, who struggled through an injury-riddled campaign, has undergone successful shoulder surgery with an expected recovery time of four months, the club announced on Wednesday.

Merrill, 24, only appeared in 47 games this year, first missing time with an arm injury, then suffering a shoulder ailment late in the year.

There was no clear indication if the two ailments were related, but Merrill’s arm injury was on the right side, and surgery was on his right shoulder.

A former University of Michigan standout taken 38th overall in 2010, Merrill enjoyed solid rookie and sophomore campaigns in New Jersey. His second year was especially solid — 14 points in 66 games, averaging over 20 minutes per night — and he boasts good size, going 6-foot-3, 205 pounds.

Based on the four-month timetable for recovery, Merrill will likely miss parts of New Jersey’s training camp and preseason action.