Headlines

  • Latest On Nikolaj Ehlers
  • Hurricanes Acquire K’Andre Miller In Sign-And-Trade With Rangers
  • Alex Delvecchio Passes Away At Age 93
  • Sabres Sign Ryan McLeod To Four-Year Deal
  • Rangers, Will Cuylle Agree To Two-Year Deal
  • Kings Sign Cody Ceci, Brian Dumoulin, Anton Forsberg
  • Previous
  • Next
Register
Login
  • MLB Trade Rumors
  • Hoops Rumors
  • Pro Football Rumors

Pro Hockey Rumors

  • Home
  • Teams
    • Atlantic
      • Boston Bruins
      • Buffalo Sabres
      • Detroit Red Wings
      • Florida Panthers
      • Montreal Canadiens
      • Ottawa Senators
      • Tampa Bay Lightning
      • Toronto Maple Leafs
    • Central
      • Chicago Blackhawks
      • Colorado Avalanche
      • Dallas Stars
      • Minnesota Wild
      • Nashville Predators
      • St. Louis Blues
      • Utah Mammoth
      • Winnipeg Jets
    • Metropolitan
      • Carolina Hurricanes
      • Columbus Blue Jackets
      • New Jersey Devils
      • New York Islanders
      • New York Rangers
      • Philadelphia Flyers
      • Pittsburgh Penguins
      • Washington Capitals
    • Pacific
      • Anaheim Ducks
      • Calgary Flames
      • Edmonton Oilers
      • Los Angeles Kings
      • San Jose Sharks
      • Seattle Kraken
      • Vancouver Canucks
      • Vegas Golden Knights
  • About
  • Advertise
  • Contact Us
  • Partners
    • MLB Trade Rumors
    • Hoops Rumors
    • Pro Football Rumors
Go To MLB Trade Rumors
Go To Hoops Rumors

San Jose Sharks Likely To Buy Out Paul Martin

June 9, 2018 at 2:09 pm CDT | by Holger Stolzenberg Leave a Comment

With Evander Kane’s extension on the book now, the San Jose Sharks salary cap is much more constrained than it was a year ago. Now, The Athletic’s Kevin Kurz reports there is a “strong possibility” the Sharks plan on easing their salary cap by buying out defenseman Paul Martin next week when the window opens on June 15th. A buyout would save the team approximately $2.8MM in cap space for next season.

The Sharks signed Martin to a four-year, $19.4MM contract back in 2015 to provide a veteran presence to their veteran team. Unfortunately after two solid seasons, Martin really struggled this year. The 37-year-old started the season playing two games, but he never recovered from an ankle injury from the offseason, prompting to miss the next two months of the season. When he returned in December, he found that his position had been taken by Joakim Ryan and the veteran was finally waived in January. He played with the AHL’s San Jose Barracuda for 18 games before returning to his usual spot alongside Brent Burns. However, he was too slow which showed during the playoffs against the Vegas Golden Knights. He was responsible for the Golden Knights Game 3 game-winning overtime goal and lost his job for the rest of the series to Ryan again.

With a buyout, instead of taking Martin’s entire $4.85MM cap hit this year, the team would instead take a 2.02MM cap hit this year and a $1.42MM cap hit in 2019-20, which would save the team close to $2.8MM for next season. With Kane on the books for $7MM AAV for the next seven years and several restricted (Tomas Hertl, Chris Tierney) and unrestricted free agents (Joe Thornton, Eric Fehr, Joel Ward) they must deal with this offseason, as well as the potential extensions available to the Sharks for Logan Couture and Joe Pavelski, the team needs to free up as much cap as possible.

Share 0 Retweet 0 Send via email

San Jose Sharks Evander Kane| Paul Martin| Salary Cap

Sabres Notes: O’Reilly, Ristolainen, Bogosian, Grubauer
Main
Trotz Will Have Leverage Against Capitals In Contract Negotiations
View Comments (0)

Leave a Reply Cancel reply

Please login to leave a reply.

Log in Register

    Top Stories

    Latest On Nikolaj Ehlers

    Hurricanes Acquire K’Andre Miller In Sign-And-Trade With Rangers

    Alex Delvecchio Passes Away At Age 93

    Sabres Sign Ryan McLeod To Four-Year Deal

    Rangers, Will Cuylle Agree To Two-Year Deal

    Kings Sign Cody Ceci, Brian Dumoulin, Anton Forsberg

    Ducks Sign Mikael Granlund To Three-Year Deal

    Islanders Sign Jonathan Drouin To Two-Year Deal

    Mammoth Sign Nate Schmidt, Brandon Tanev To Three-Year Deals

    Blue Jackets Re-Sign Ivan Provorov To Seven-Year Deal

    Recent

    Alex Pietrangelo Placed On LTIR, Unlikely To Play Again

    Flames Ink Goalie Ivan Prosvetov To One-Year Deal

    Ducks Finalize Coaching Staff

    Latest On Nikolaj Ehlers

    Hurricanes Acquire K’Andre Miller In Sign-And-Trade With Rangers

    Islanders Sign Simon Holmstrom To Two-Year Deal

    Alex Delvecchio Passes Away At Age 93

    Penguins Sign Justin Brazeau, Caleb Jones To Two-Year Deals

    Hurricanes Sign Mike Reilly

    Golden Knights Sign Dylan Coghlan, Jaycob Megna, Cole Reinhardt

    Rumors By Team

    Rumors By Team

    • Avalanche Rumors
    • Blackhawks Rumors
    • Blue Jackets Rumors
    • Blues Rumors
    • Bruins Rumors
    • Canadiens Rumors
    • Canucks Rumors
    • Capitals Rumors
    • Devils Rumors
    • Ducks Rumors
    • Flames Rumors
    • Flyers Rumors
    • Golden Knights Rumors
    • Hurricanes Rumors
    • Islanders Rumors
    • Jets Rumors
    • Kings Rumors
    • Kraken Rumors
    • Lightning Rumors
    • Mammoth Rumors
    • Maple Leafs Rumors
    • Oilers Rumors
    • Panthers Rumors
    • Penguins Rumors
    • Predators Rumors
    • Rangers Rumors
    • Red Wings Rumors
    • Sabres Rumors
    • Senators Rumors
    • Sharks Rumors
    • Stars Rumors
    • Wild Rumors

    Latest Rumors & News

    Latest Rumors & News

    • 2025’s Top 50 Unrestricted Free Agents
    • Sam Bennett Rumors
    • Nikolaj Ehlers Rumors
    • Mitch Marner Rumors
    • Marco Rossi Rumors

    Pro Hockey Rumors Features

    Pro Hockey Rumors Features

    • Support Pro Hockey Rumors And Go Ad-Free
    • 2025 Free Agent Focus Series
    • 2025 Offseason Checklist Series
    • 2025 NHL Free Agent List
    • 2026 NHL Free Agent List
    • Active Roster Tracker
    • Coaching Staff Directory
    • Draft Pick Tracker 2025
    • Key Offseason Dates
    • Offseason Trade Tracker
    • Pro Hockey Rumors On X
    • Pro Hockey Rumors Polls
    • Waiver Claims 2024-25

     

     

     

    Navigation

    • Sitemap
    • Archives

    PHR Info

    • About
    • Privacy Policy
    • Commenting Policy

    Connect

    • Contact Us
    • Twitter
    • Facebook
    • RSS Feed

    Pro Hockey Rumors is not affiliated with National Hockey League, NHL or NHL.com

    scroll to top

    Register

    Desktop Version | Switch To Mobile Version