Paul Martin has cleared waivers today and can be sent to the San Jose Barracuda, while the Los Angeles Kings have placed Jussi Jokinen on waivers. The Kings acquired Jokinen earlier this year in exchange for Mike Cammalleri, but he’s been generally ineffective with just five points in 18 games.
Jokinen, 34, signed a one-year $1.1MM contract with the Edmonton Oilers this offseason, but got off to a dreadful start to the year with just a single point in his first 14 games. That comes just two years after he was a 60-point player in Florida, where he recorded 34 even-strength assists. Jokinen’s fall from grace has been sharp, but his relatively low cost could potentially lead to a claim.
If he does sneak through waivers, the Kings would be able to bury nearly his entire cap hit in the minor leagues. Though that would be a tough spot to play for a veteran of 923 NHL games, it would certainly provide them with some experienced depth for a playoff run.
Martin on the other hand comes with a much higher price tag. His $4.85MM cap hit is in effect through next season as well, making him almost impossible to claim on waivers. As Craig Custance of The Athletic writes, any team looking to add him would need to send money back or have the Sharks retain some of his salary.
For now though, a trip to the AHL might be the best thing for Martin. He’s only played in three games all season and needs to prove that he can still contribute before any team wants him. Remember that clearing waivers actually does increase his trade value, as any acquiring team would be able to immediately move him to the minor leagues without going through waivers again. The Sharks will save a prorated $1.025MM against the cap by burying him for the time being.