Report: NHL nixes trade-buyout-re-sign plan amidst rumors of Leafs-Lecavalier deal

15 Comments

The NHL has deemed that trading a player, having the acquiring team buy him out and then re-signing him is a form of CBA/salary cap circumvention, according to the New York Post.

As per The Post’s Larry Brooks, the league notified general managers on Monday it was closing the potential loophole, two days before the NHL’s compliance buyout window was set to open (Wednesday, 11 p.m. ET.)

What’s more, Brooks reports one such deal was already on the table:

It is believed the Lightning and Maple Leafs had discussed such a maneuver regarding Vincent Lecavalier, who has seven years and $45 million remaining on his contract, with the buyout thus worth slightly more than $30 million.

The clubs theoretically would have concocted a swap in which Tampa Bay would have sent an asset — perhaps a draft pick — to rolling-in-dough Toronto along with Lecavalier, who would have re-signed a more modest deal with the Lightning after being bought out by the Leafs.

Such a scheme would have saved Tampa Bay’s ownership a substantial sum while easing a cap squeeze for general manager Steve Yzerman, whose club currently faces a charge of $7.727 million per for Lecavalier through 2019-20 and the danger of significant cap-recapture penalties should No. 4 retire while still under contract.

The Leafs would have received an asset while the 33-year-old Lecavalier would at least have been made whole.

Lecavalier has been the subject of buyout talk for a while.

“We understand this is a difficult contract in a difficult cap environment,” Lecavalier’s agent, Kent Hughes, told the Tampa Bay Times of his client’s current deal. “We recognize (a buyout) is within the club’s right. One way or another there will be clarity in the next seven to nine days.”

Earlier this month, the Bolts captain admitted he’s contemplated being bought out.

“It’s obviously something you think about,” he told the Tampa Bay Times. “At the same time, there’s nothing I can do about it.”

It should be noted teams are still allowed to trade players for the sole purpose of the acquiring team buying them out, so long as there’s no plan to re-sign the bought-out player.

The best example of this would be the New York Islanders and Rick DiPietro.

According to CBC’s Elliotte Friedman, Isles GM Garth Snow will reportedly “try to make it worthwhile” for teams to stomach DiPietro’s contract (the buyout would put him on the books until 2029) by possibly taking a bad contract in return, or sending picks and/or prospects.

Video: Haley given match penalty for sucker punch, Sharks lose sixth straight

Leave a comment

Things continue to snowball out of control for the San Jose Sharks.

The Sharks lost their sixth consecutive game after yet another blowout defeat, this time by a final score of 7-2 versus the Nashville Predators on Saturday. Forward Logan Couture lost a tooth after taking a puck to the face in the second period.

And late in the game, Micheal Haley was given a match penalty for an incident involving Calle Jarnkrok.

The Sharks forward is now automatically suspended until commissioner Gary Bettman reviews the incident.

This incident occurred when Haley was hit into the boards by Jarnkrok. Haley then got up, sped right toward the Predators forward, dropped his gloves and delivered a punch to Jarnkrok as he tried to back away, knocking him to the ice.

Jarnkrok was given a minor penalty for boarding.

Haley was also involved in a fight with Cody McLeod early in the first period.

This has been a particularly shocking, if not embarrassing stretch for the Sharks. In a two-game trip to Dallas and Nashville, against teams below them in the standings, the Sharks were outscored 13-3.

Martin Jones allowed seven goals on 34 shots faced.

If Edmonton wins tonight, the Sharks, Ducks and Oilers will be in a three-way tie for first place in the Pacific Division.

Related: What is wrong with the Sharks?

Video: Logan Couture loses tooth after taking a puck to the face

Leave a comment

More bad news for the San Jose Sharks.

After a slow start against the Nashville Predators during Saturday’s game, forward Logan Couture was hurt in the dying seconds of the middle period after taking a puck to the face while battling in front of the net.

Replays show Couture appeared to lose a tooth. He quickly skated off the ice and to the dressing room.

Bruins snap four-game skid with crucial win over Islanders

Getty
1 Comment

The Boston Bruins have been trending in the wrong direction of late — once again at the worst possible time with the end of the regular season in sight and a playoff spot on the line.

They entered a massive clash with the New York Islanders on Saturday having lost four straight, temporarily falling out of a playoff spot because of fewer games played.

They didn’t have Tuukka Rask in net because of a lower-body injury. They were on the road. They fell behind the Islanders early in the first period.

Despite that, the Bruins quickly came back on a goal from Riley Nash, who scored again in the third period to help his team to a 2-1 victory.

The four-game losing streak? Gone. With seven games remaining, Boston is back in the final wild card spot, two points ahead of the Islanders, who do still have a game in hand.

“We have a great mood in here this morning, everyone’s excited and pretty light and there’s no tense feel,” said Brad Marchand prior to facing the Islanders.

Back-up goaltending has been a concern in Boston this season, however Anton Khudobin shut the door after the Tavares goal, making 18 saves for the win.

The Bruins host the Nashville Predators on Tuesday.

Video: After blowout loss in Dallas, struggling Sharks off to slow start vs. Predators

Getty
1 Comment

Last night, we asked: What is wrong with the San Jose Sharks?

Well, a day later, with the Sharks looking to avoid a sixth straight loss, the struggle continues.

After a blowout loss last night against the Dallas Stars, the Sharks have fallen behind the Nashville Predators by a score of 2-0 after the opening period.

Colton Sissons opened the scoring for Nashville.

It didn’t get any better for the Sharks.

Roman Josi walked right around Brent Burns, hitting the cross bar with his shot. Cody McLeod was right there for the tap-in to increase Nashville’s lead.