Devils waive Trent Hunter and Colin White; Buyouts on the way

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Last year the Devils had a major issue keeping a full roster under the salary cap and while they did the best they could, there wasn’t a lot of flexibility for them. This summer, things have changed. The Devils traded away Brian Rolston in favor of Trent Hunter from the Islanders and with Rolston’s brutal contract off the books, GM Lou Lamoriello isn’t stopping there with helping lower the Devils’ cap hit.

New Jersey is waiving both the newly acquired Hunter and defenseman Colin White with the purpose of buying them out. Hunter is due to make $2 million against the cap this season and next season while White has a $3 million cap hit this season. Should both players clear waivers tomorrow at noon, the Devils will be cashing out their contracts and making them unrestricted free agents.

While buyouts are a last resort for cost cutting, the Devils are set to free up a good chunk of change with these moves as Tom Gulitti of Fire & Ice points out.

For White, the buyout would be $2 million with the cap hit spread over two years—or $1 million per year. For Hunter, the buyout price would $2,666,667 with the cap hit spread over four seasons—or $666,667 per season.

In total, the Devils would save $3,333,333 in cap space in the 2011-12 season. They already have approximately $2.5 million in cap space (depending upon which players are on the roster).

With the Devils freeing up that sort of space, they’ll have the sort of room for adjustment that they didn’t have last year when juggling Ilya Kovalchuk’s new contract along with other poorly financed deals on their books. Paying out dead cap space of nearly $2 million this year sure beats having anywhere from $5 million to $7 million in awful contracts with players that may or may not be living up to their amount.

What the Devils will do with that added cap space is up to the mad genius himself, Lamoriello. The likely action here is to work on getting Zach Parise’s long-term extension hammered out. Parise signed a one-year deal last week after being unable to come to an agreement on a long term one and did so to avoid going to arbitration. With the added savings in the long run from getting rid of White, Hunter, and Rolston’s deals, Lamoriello can how move a little easier towards getting Parise locked up for a long time in New Jersey.

With White’s departure from the Devils, that leaves just Martin Brodeur and Patrik Elias from the last Devils Stanley Cup team in 2003. No one else on the roster has won the Cup elsewhere. If the Devils had more of a reason to be hungry to win after they did so poorly last year, having long-standing former Cup winners departing from the team and growing older still should serve as motivation to get the rest of the team going. With the soon-to-be-had salary cap freedom, the Devils can now better make the moves needed to get them back on top of the NHL.

Andrei Vasilevskiy robs Evgeny Kuznetsov (Video)

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Surely, the Washington Capitals should be leading Game 6.

They came out on fire, led by Alex Ovechkin, and stayed that way throughout the first period.

Their only problem? Andrei Vasilevskiy and the wall he put up.

Vasilevskiy needed to be solid to stop on the Capitals’ onslaught and he was, write down to the final moments of the period and his best save, a sprawling glove-hand effort to stop Evgeny Kuznetsov in his tracks on the doorstep to keep the game tied 1-1.

Fatigued? Vasilevskiy wasn’t showing any of that in the first period.

After two sub .850 outings in Games 1 and 2, Vasilevskiy has stormed back to spark the Lightning to three straight wins behind his strong play.

• Stream here
Series preview
Capitals vs. Lightning: Three questions facing each team

Capitals have to conquer postseason demons one more time
Lightning ready for a ‘desperate’ Capitals team in Game 6
Vasilevskiy turns East final around for Lightning

MORE:
Conference Finals schedule, TV info
NBC’s Stanley Cup Playoff Hub


Scott Billeck is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @scottbilleck

WATCH LIVE: Lightning seek Stanley Cup Final berth in Game 6

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Game 6: Tampa Bay Lightning at Washington Capitals, 8 p.m. ET (Lightning lead series 3-2)
NBCSN
Call: Mike Emrick, Mike Milbury, Pierre McGuire
• Stream here
Series preview
Capitals vs. Lightning: Three questions facing each team

Capitals have to conquer postseason demons one more time
Lightning ready for a ‘desperate’ Capitals team in Game 6
Vasilevskiy turns East final around for Lightning

MORE:
Conference Finals schedule, TV info
NBC’s Stanley Cup Playoff Hub

Paul Fenton hired as new Minnesota Wild GM

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Almost exactly one month after firing Chuck Fletcher, the Minnesota Wild have found his replacement as general manager. During a Tuesday press conference, the franchise will introduce Paul Fenton as the man who will take over the job.

Fenton, who was the first person owner Craig Leipold interviewed last month, will also oversee the team’s hockey operations department and act as alternate governor

“It is my distinct pleasure to welcome Paul Fenton as the General Manager of the Minnesota Wild,” said Leipold in a statement. “Paul is uniquely suited for this job having played 10 years of professional hockey and holding 25 years of management experience in the NHL. His gift of evaluating talent is obvious in Nashville’s roster and recent success. My relationship with Paul goes back to my early days in Nashville and I know that Wild hockey fans are going to love Paul’s infectious passion for the game and unsurpassed work ethic. He’s the right person to deliver a Stanley Cup to the State of Hockey.”

It took a while — 20 years to be exact — but Fenton finally decided to leave the Nashville Predators where he spent the last dozen years as the team’s assistant GM. He played a role in building that franchise into a Stanley Cup contender and turning around their minor league system. Now in Minnesota he’ll have his work cut out for him.

The Wild made the Stanley Cup Playoffs in each of the past six seasons, but could not get past the second round. This spring they were knocked out in the first round for the third straight season, costing Fletcher his job after nine years.

Fenton will have to deal with restricted free agents Jason Zucker and Mathew Dumba with this summer, as well as face plenty of challenges in carving his roster into something that could look like a perennial contender. The long-term, cap space-eating contracts of Zach Parise and Ryan Suter won’t help things. According to Cap Friendly, the Wild have about $7.5 million in cap space for next season, and that’s before new deals for Zucker and Dumba and potentially a $3 million increase in the ceiling.

“We want to win a Stanley Cup,” Leipold said last month via the Pioneer Press after the Wild’s first-round exit. “That doesn’t mean that that’s going to be next year. I want someone to help me with a plan for the next three or four years to win a Stanley Cup. That’s what I’m looking for.”

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Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @Sean_Leahy.

Islanders to hire Lou Lamoriello to run hockey operations: report

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It’s expected this week that the New York Islanders will officially announce the hiring of Lou Lamoriello to run their hockey operation department, according to Arthur Staple of The Athletic.

It’s unclear at the moment what specific role the 75-year-old Lamoriello will have within the organization. It’s possible he takes over the role of president of hockey operations or general manager, or potentially both. His son, Chris, is the Islanders’ assistant GM.

Last month, the Toronto Maple Leafs announced that Lamoriello would not return as their GM after three seasons at the helm.

Staple also confirmed a Hockey30 report that Lamoriello met with Islanders captain John Tavares last week ahead of this move. Tavares is set to become an unrestricted free agent only July 1.

There are many questions to be answered as we wait for the Islanders to announce this move. First, what does this mean for the beards of Nick Leddy and Andrew Ladd, as well as the mustache of Cal Clutterbuck?

Next, where does current GM Garth Snow stand? He’s been running the show since 2006 and has a contract for at least four more seasons. The team has made the playoffs only four times during his tenure and advanced out of the first round once. The fan base demanded change once this season went off the rails, with billboards purchased in Brooklyn calling for Snow’s firing. During an end-of-season press conference in April, Islanders co-owner Jon Ledecky said Snow and head coach Doug Weight would be staying for now, but that he would be “evaluating all aspects of our hockey operations.”

The next question is the biggest and that has to do with Tavares. He’s said time and time again that he wants to re-sign, but hasn’t inked an extension and hasn’t given any indication what factors would sway him one way or the other. A new arena on Long Island is coming. But is this change in management and whatever Lamoriello told him in their chat enough to convince him to not explore free agency and commit to staying with the franchise? Only time will tell. But this change could be a good first step forward for the franchise.

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Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @Sean_Leahy.