Ville Leino

No surprise: Sabres waive Leino for purpose of buyout

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Action has picked up on Day 2 of the NHL’s compliance buyout window.

Around the same time Vancouver put David Booth on waivers so he could be amnestied, word broke that Buffalo would do the same with beleaguered forward Ville Leino.

First reported by the Buffalo News, word of Leino’s buyout shouldn’t come as much of a surprise — back in mid-April, GM Tim Murray said buying out Leino was “a very good possibility.”

Leino, 30, recently wrapped the third of a six-year, $27 million deal that’s widely regarded as one of the NHL’s most onerous contracts. Signed by ex-GM Darcy Regier after shooting to prominence with the Flyers — when he found magic during the ’10 playoffs with Scott Hartnell and Daniel Briere, scoring 21 points in 19 games — Leino has been a colossal disappointment in Buffalo, scoring just 46 points in 137 games while missing 75 to a variety of injuries, healthy scratches and a suspension.

This year, Leino gained infamy by failing to score a single goal in 58 games, and only put 38 shots on goal.

Buffalo has yet to use either of its compliance buyouts — where the salary-cap charge is completely wiped clean, but the team must pay two-thirds of the remaining contract across twice the remaining term of the deal — opting to use a regular buyout, not a compliance, on Nathan Gerbe last summer.

Assuming nobody plucks Leino off waivers and the Sabres buy him out, they’ll be relieved of his $4.5 million cap hit over the next three seasons but will pay him $1.22 million per season until 2020.

Related

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Decision day in Dallas: Rome to be bought out, Fiddler going UFA

Leafs avoid arbitration again, sign Corrado to one year, $600K deal

VANCOUVER, BC - FEBRUARY 13: Frank Corrado #20 of the Toronto Maple Leafs shoots the puck in NHL action against the Vancouver Canucks on February, 13, 2016 at Rogers Arena in Vancouver, British Columbia, Canada.  (Photo by Rich Lam/Getty Images)
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Over the weekend, reports suggested that Toronto and RFA blueliner Frank Corrado were close to agreeing to a new contract.

On Monday, the two sides sealed the deal.

The Leafs announced they signed Corrado to a one-year contract, with Sportsnet reporting it to be a $600,00 pact, of the one-way variety.

Corrado, 23, was scheduled to go to arbitration tomorrow. His ask was $900,000, while the Leafs countered with a $625,000 figure on a two-way deal, and $575,000 on a one-way.

So Toronto was nearly spot-on with its valuation.

The former Canucks draftee took a while to make his Leafs debut last season — he sat 28 games after they claimed him off waivers — but when he did get into the lineup, he fared reasonably well. Corrado finished with a goal and six points in 39 games, averaging 14:27 TOI per game.

This marks the second player Toronto avoided going to arbitration with. Prior to signing Corrado, the Leafs inked center Peter Holland to a one-year, $1.3 million deal.

Flyers need Schenn to build on career year

PHILADELPHIA, PA - SEPTEMBER 22:  Brayden Schenn #10 of the Philadelphia Flyers celebrates his goal in the second period against the New York Rangers on April 7, 2015 at the Wells Fargo Center in Philadelphia, Pennsylvania.  (Photo by Elsa/Getty Images)
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The Philadelphia Flyers are hoping Brayden Schenn hasn’t finished improving. The former fifth overall draft pick signed a four-year, $20.5 million contract today, after posting career highs in goals (26) and assists (33) in 2015-16.

It took a few years for Schenn, 24, to start justifying his draft position. John Tavares, Victor Hedman, Matt Duchene, and Evander Kane were selected with the first four picks that year. Oliver Ekman-Larsson was taken sixth overall.

So there was pressure.

“I think sometimes when you draft a player top five you tend to think he’s going to develop a little quicker than other guys,” Flyers GM Ron Hextall said Monday, per Flyzette. “When you look at Brayden, has he been a fast developer? I would say probably no. Has he been a slow developer? I would say probably no. He’s probably been average.

“The good thing is he’s gotten better every year and he’s a hard worker. He’s starting to figure out the intricacies of the game. He obviously had his best year to this point so hopefully he continues to build on that.”

Hextall reportedly danced around a question about Schenn being part of the “core” group, so there’s still some proving to be done. The Flyers have already committed long-term to forwards Claude Giroux, Jakub Voracek, and Sean Couturier. Wayne Simmonds and Michael Raffl have three years left on their deals, and Dale Weise signed a four-year agreement on July 1.

As for Schenn, he knows he needs to justify the Flyers’ trust in his ongoing development.

“I feel like I keep getting better and better,” he said. “I expect nothing else next year.”

Report: If the Sabres can sign Vesey, they could be more willing to trade Kane

MONTREAL, QC - FEBRUARY 03:  Evander Kane #9 of the Buffalo Sabres speaks with referee Kevin Pollock #33 during the NHL game against the Montreal Canadiens at the Bell Centre on February 3, 2016 in Montreal, Quebec, Canada.  The Buffalo Sabres defeated the Montreal Canadiens 4-2.  (Photo by Minas Panagiotakis/Getty Images)
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If the Buffalo Sabres can sign Jimmy Vesey, they may be more willing to trade winger Evander Kane.

That’s what TSN 1040 (Vancouver) radio host Matt Sekeres has been hearing, and what he’s hearing does make a lot of sense.

Kane, whose off-ice issues are once again making headlines, has two years left on his contract before he can become an unrestricted free agent. He plays the same position as Vesey, 23, who’s currently Buffalo property but can sign with any team he chooses on Aug. 15.

Even if the Sabres can’t convince Vesey to join them, Kane could still be traded. GM Tim Murray has already conceded that his patience is wearing thin with the 24-year-old that he acquired from Winnipeg not long ago. Alex Nylander, drafted eighth overall in June, plays the same position as Kane, and Murray has said it’s possible the teenager could make the jump to the NHL next season.

Buffalo, Boston and Toronto have generally been considered the favorites to land Vesey. Chicago and Pittsburgh have also been mentioned.

Related: Cue the Kane-to-Vancouver speculation

Leafs avoid arbitration with Peter Holland

TORONTO, ON - APRIL 11: Peter Holland #24 of the Toronto Maple Leafs skates up the ice during NHL action against the Montreal Canadiens at the Air Canada Centre April 11, 2015 in Toronto, Ontario, Canada.  (Photo by Abelimages/Getty Images)
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The Toronto Maple Leafs won’t require arbitration with forward Peter Holland. They’ve signed the 25-year-old to a one-year deal worth a reported $1.3 million.

Holland had a hearing scheduled for today. Last week, the Leafs sent a message by putting him on waivers, which he cleared.

Holland had nine goals and 18 assists in 65 games last season. With him signed, the Leafs have only defensemen Frank Corrado and Martin Marincin as restricted free agents. Corrado has an arbitration hearing scheduled for tomorrow; Marincin’s is next Tuesday.

Related: Corrado and Leafs aren’t that far apart