Last summer, Montreal Canadiens GM Marc Bergevin decided to open up the vault to sign free-agent defenseman Karl Alzner to a five-year, $23.125 million contract. Alzner struggled mightily in his first year as a Hab and he’s had a hard time getting into the lineup in year two. Less than a year and a half into this contract, the Canadiens have finally admitted that it was a big mistake.
The club has decided to place the veteran on waivers. The 30-year-old has one assist and a plus-2 rating in eight games this season, but his $4.625 cap hit through 2021-22 basically means no team will be willing to touch him. The move was necessary because Shea Weber (lower body) is getting set to return to the lineup this week.
The Canadiens need Alzner’s roster spot, which means he’ll be heading to AHL Laval if he clears waivers. Even with Alzner off the roster, Montreal is still carrying eight defensemen.
Alzner was brought to Montreal to replace Andrei Markov, who signed with the KHL, but that obviously hasn’t worked out too well for him or the team. According to Cap Friendly, buying out Alzner after this season would cost the Canadiens some dead money on the cap. It would cost the Habs between $1,069,444 and $4,194, 444 in cap penalties over the next six seasons.
Things will become even more interesting once Paul Byron, Nikita Scherbak, Noah Juulsen and Joel Armia are ready to return from injury. The Canadiens will have to make a trade or they’ll have to expose someone on waivers that they don’t want to lose.