Korbinian Holzer Clears Waivers
Tuesday: Holzer has cleared waivers.
Monday: The Anaheim Ducks have placed Korbinian Holzer on waivers according to Chris Johnston of Sportsnet, but not for the purpose of a buyout or contract termination. Instead, the Ducks are likely hoping another team will claim him and take the $900K off their books, or at least gain some leverage on Holzer in any extension negotiations. This transaction is often seen right before an arbitration hearing with a restricted free agent, but Holzer is still under contract for one season and will be an unrestricted free agent in the summer of 2019.
Anaheim has plenty of options on the blue line for next season, and could likely go without Holzer all year if another team was willing to claim him. He played in only 16 games for them last season, and hasn’t ever really been a full-time NHL player. He does offer some right-handed depth, but isn’t dynamic enough to warrant a roster spot. If the Ducks can’t find a taker, he may be destined for the San Diego Gulls next season.
The Ducks do have some work to do this summer to shore up their defense, as Brandon Montour is a restricted free agent and will be looking for a substantial raise. The team already has Cam Fowler, Hampus Lindholm and Josh Manson locked into their top-four, while several young players like Jacob Larsson, Marcus Pettersson and Josh Mahura should be challenging for playing time. In what has become a defenseman factory, the Ducks don’t need Holzer any longer for a depth option with the big club.
Alex Burrows Placed On Unconditional Waivers, Buyout Expected
The Ottawa Senators have admitted their mistake and today placed Alex Burrows on unconditional waivers for the purpose of a buyout. Burrows was acquired from the Vancouver Canucks in 2017 and immediately signed to a two-year contract extension. That extension though came after Burrows’ 35th birthday, meaning the buyout will have no effect on his 2018-19 cap hit. The Senators will still carry his $2.5MM contract on their books, but will be required to pay only two thirds of that amount, spread over the next two seasons.
The Canucks received budding prospect Jonathan Dahlen in the deal, while the Senators were hoping that Burrows experience and feisty on-ice play would help them in a season they felt they could contend for the Stanley Cup. While Burrows did play well down the stretch and the team came within one goal of reaching the Finals, he took a huge step backwards in 2017-18 and registered just 14 points in 71 games. He obviously didn’t have much more to give, and it wouldn’t be surprising to see him file retirement papers after the buyout is completed.
It’s a tough move for the Senators to make, but if you forget about the price they paid for him it is one they had to do. The team has several younger players ready to spend some time in the NHL, and Ottawa is desperate to not finish at the bottom of the standings. As much as some believe there is nothing they can do to stop that from happening, GM Pierre Dorion is trying his best to put together a roster that is competitive. They don’t have the benefit of picking early should they finish out of the playoffs, since their first-round selection belongs to the Colorado Avalanche, meaning their goal is development and competitiveness this season. Burrows wasn’t playing a positive impact on either of those things, meaning he needed to be shipped out somehow.
The cap hit won’t really hurt the Senators, as the team has nearly $20MM in room and aren’t expected to come anywhere close to the ceiling this season. Operating on an internal budget, it seems likely that they’ll be closer to the cap floor than its ceiling by the end of the summer.
Brooks Orpik Placed On Waivers, Buyout Expected
Sunday: CapFriendly reports that Orpik has cleared waivers and his contract will be bought out.
Saturday: The Colorado Avalanche were clear about it when they made the deal, Brooks Orpik wouldn’t be playing for them this season. The team has placed the 37-year old defenseman on waivers and are expected to buy out the final year of his contract. Orpik was acquired yesterday along with Philipp Grubauer in exchange for a second-round draft pick. Colorado will have to face a $2.5MM cap hit next season, and a $1.5MM cap hit in 2019-20.
Orpik’s $5.5MM cap hit was just too much for the Washington Capitals to handle any longer, and needed to be moved out in order for them to re-sign John Carlson. Avalanche GM Joe Sakic admitted immediately that Orpik wasn’t a target for them, and he’d give him the chance to find a job elsewhere. Obviously there wasn’t anyone who would trade for him knowing the team would eventually buy him out, but this definitely brings up some interesting possibilities for Orpik.
The Capitals could theoretically bring Orpik back on a cheaper contract, but other teams should also have interest in the Stanley Cup champion. Orpik has plenty of experience and actually played perhaps his best hockey of the season as the playoffs went on for Washington. Though he is by no means fleet of foot, he can still provide a physical presence on the blue line and help log some tough minutes.
Xavier Ouellet Expected To Be Bought Out
Earlier this month we heard that the Detroit Red Wings were actively shopping defenseman Xavier Ouellet, but now as we close in on free agency it seems they’ve come to a different decision. Darren Dreger of TSN reports that the Red Wings will place Ouellet on waivers for the purpose of a buyout. Ouellet has one year remaining on his contract and carries a $1.25MM cap hit. Since he’s still just 24 though, a buyout would only pay him 1/3rd of his remaining salary, meaning the Red Wings would incur the following cap charges:
- 2018-19: $166,667
- 2019-29: $216,667
They would also save over $860K in real salary, while burying Ouellet in the minor leagues would leave them with a $225K cap charge this season and force them to pay all $1.3MM in salary. Though it was clear that the Red Wings didn’t see a future for Ouellet in Detroit, buyouts for players this young are fairly rare. The 2011 second-round pick hasn’t found a full-time role with the team and with several even younger prospects ready to push for jobs this season there is no longer any room.
The Red Wings had an outstanding weekend, snatching up Filip Zadina after he fell a few spots and collecting Joe Veleno at the end of the first round. Those two were paired with a few other excellent prospects at the start of the second, making quite an impressive haul for the team in this year’s draft. Detroit is in the middle of a rebuild as they try to get out from under some of the bad contracts given out during their playoff run, and are building quite the prospect pipeline in a short amount of time. Defensemen like Dennis Cholowski and Filip Hronek will be competing for roles in the NHL before long, while Zadina could jump into the league right away.
For Ouellet, it’s unclear where his market will land after this buyout. Not many 24-year old defensemen get an opportunity at free agency, but there obviously wasn’t a huge trade market or the Red Wings would have used that instead of resorting to a buyout. He may have to accept a two-way contract and prove himself in training camp, or else try to fight back up from the minor leagues at some point. Regardless, this is hardly the end of his professional career.
Sharks To Buy Out Paul Martin
The Sharks announced that they have placed defenseman Paul Martin on waivers for the purposes of buying out the remainder of his contract. GM Doug Wilson issued the following statement regarding the move:
“Paul Martin has been the utmost professional on and off the ice during his three years in San Jose. His leadership, character and on-ice contributions have been essential to our success and in reaching the 2016 Stanley Cup Final. The impact he has had on our organization, his teammates and many of our younger players will be felt for many years to come.”
The 37-year-old has spent the past three seasons in San Jose and played an important role in their trip to the Stanley Cup Final back in 2015-16. However, his effectiveness and role were reduced in recent years to the point where he cleared waivers this past season and played in more games in the minors (18) during the regular season than he did in the NHL (14). Martin was brought back up late in the season and while he played a sparing role on the third pairing, he did get into seven postseason contests but even with that, being bought out was still the expected outcome.
Martin had one year left on his deal with a $4.85MM cap hit and a $4.25MM salary. Assuming he clears waivers on Saturday, the Sharks will instead carry a $2.017MM cap charge in 2018-19 and a $1.417MM hit in 2019-20. The roughly $2.8MM in savings will give San Jose nearly $19MM in cap room to play with this summer which will make them a team to watch for in free agency which kicks off next Sunday.
Edmonton Oilers To Buy Out Eric Gryba
We have our first buyout of the offseason, as the Edmonton Oilers have placed Eric Gryba on waivers for the purpose of buying out his contract. Gryba has just one year remaining on his deal worth $900K, meaning the Oilers will incur a cap charge of just $300K for each of the next two seasons. This move does bring a bit of confusion though, as playing in the minor leagues would take Gryba’s cap hit completely off the books as anything under $1.025MM is buried.
This move does save the Oilers $300K in real cash and opens up a contract spot, but is likely more of a favor to a player to allow him to pursue other opportunities. The team sent Gryba to the minor leagues last season where he spent much of the year, and it did not appear he was in their plans for this season. The 30-year old defenseman has 279 NHL games under his belt and could be an option for another team as a depth defenseman who can provide some physicality and penalty killing. There’s not a lot of upside to his game though, and it will be hard to find a full-time opportunity anywhere in the league.
The Oilers now have just over $1.6MM in cap charges from buyouts on the roster, following the expulsion of Benoit Pouliot last season. Though that’s not a debilitating amount, Edmonton is a team that needs every dollar it can get as they deal with the mega contracts for Connor McDavid and Leon Draisaitl. Though this move does have some benefits, the team must be careful with their remaining cap space.
Sergey Zborovskiy Clears Unconditional Waivers
Wednesday: Zborovskiy has cleared waivers and will likely see his contract terminated.
Tuesday: The New York Rangers have placed Sergey Zborovskiy on unconditional waivers for the purpose of mutually terminating his contract. Zborovskiy, a third-round pick by the Rangers in 2015, signed his entry-level contract in the summer of 2016 but spent most of this season in the ECHL. After clearing waivers he will now be able to return to Russia and join the KHL, though he would also technically become an unrestricted free agent eligible to sign with any NHL club.
Zborovskiy, 21, is a big, physical defenseman who put up some fine point totals while in the WHL playing for the Regina Pats, but was always a long shot for the NHL. His skating stride needed work when the Rangers selected him, and apparently hasn’t come far enough for the team to fight to keep him in the organization. This doesn’t necessarily preclude a reunion at some point down the road, but allowing him to go home to compete for minutes in the KHL could be best for his development.
This isn’t the first Russian defenseman the Rangers have lost in this way, after allowing Alexei Bereglazov out of his contract earlier this spring. It’s a tough result for a third-round pick, especially one that was made just two years ago. We’ll see if this affects the way New York targets Russian players in the draft moving forward.
Poll: Who Is The Most Likely To Be Bought Out?
The NHL buyout period opens later this month, and teams will have to make tough decisions on some of their overpaid former-stars. Rory Boylen of Sportsnet has been all over potential buyout candidates throughout the season, and has now released his list of the top eight names that could see a paycheck start coming to not play for their current teams.
Last year we saw Simon Despres, Matt Greene, Antti Niemi, Benoit Pouliot, Jussi Jokinen, Lance Bouma, Ryan Murphy, Jimmy Hayes, Mark Stuart, Mike Cammalleri, and Devante Smith-Pelly bought out in the first window, and a similar number of players could find themselves on unconditional waivers this time around.
We’ve already heard about Matt Moulson‘s expected buy out from the Buffalo Sabres, but Boylen throws eight different names into the mix. Several of them were once key parts of their franchise, while others never turned into the player they were expected to become.
Who do you think is the most likely player to be bought out when the window opens on the later of 48 hours after the Stanley Cup Final, or June 15th. Cast your vote below and make sure to leave an explanation in the comment section. For more information on how much each team would have to pay, check out Boylen’s excellent breakdown or head over to CapFriendly’s handy calculator.
[Mobile users click here to vote!]
Bruins Notes: Free Agents, Czarnik, Injuries, Draft
Boston Bruins GM Don Sweeney spoke with the media today from the NHL Draft Combine in Buffalo and was very up front about the team’s plans this off-season. The Bruins exceeded expectations this season with a young team that finished with one of the best records in the NHL. Sweeney has previously stated that he would like to return many of the team’s impending unrestricted free agents – Anton Khudobin, Riley Nash, Rick Nash, Tommy Wingels, Tim Schaller, Nick Holden, and Austin Czarnik – but due to salary cap restraints and a promising prospect crop in the AHL in need of opportunity, he did not expect that all would be back. Today, Sweeney went in a different direction, confirming that the team would not offer new contracts to several other free agents: Brian Gionta, Kenny Agostino, and Paul Postma. The announcement should come as no surprise, as the trio all underwhelmed in Boston this season. A late addition to the team for the stretch run and postseason, Gionta looked as if he would have been better off retiring after the Olympics. The veteran forward contributed only seven points in 20 regular season games and played in just one playoff game, in which he was a liability against the fast-paced Tampa Bay Lightning. Gionta is likely to call it quits for good this off-season. Agostino, the 2017 AHL MVP, not only made little difference in Boston with just one point in five games, but finished the minor league season in Providence with 30 points less than his MVP campaign in only one less game. Agostino will need to search for a new home for the third straight summer. Postma, while not necessarily a disappointment in Boston, ended up being of little use to the team. The relative health of the Bruins’ four right-handed defenseman and the emergence of rookie Matt Grzelcyk on the left side made Postma the #8 option for much of the year. He was unable to even retain that role after the Bruins acquired Holden at the trade deadline. Overall, Postma played in 14 games in Boston, recording just one point, before clearing waivers and being assigned to the AHL, where he played another 17 games with Providence in the regular season and postseason. The long-time Winnipeg Jets defender will be on the hunt for a more regular NHL role next year, if he can find one.
- Sweeney briefly touched on the situation with Czarnik, which has put the Bruins in somewhat of a pickle. Czarnik, 25, played in 49 games as a rookie with Boston in 2016-17, but lost out on a roster spot this year to the likes of fellow youngsters Jake DeBrusk, Danton Heinen, Anders Bjork, and Sean Kuraly. Czarnik managed to play in ten games for the Bruins, and looked good doing so with four points, but roster restrictions forced him back to the AHL each time. In the minors, Czarnik was unstoppable with 69 points in 64 games – good enough for third in the AHL scoring race. It was an impressive performance, but still not good enough to vault Czarnik back to the top of a Bruins’ prospect pipeline that is very deep, especially at center. Ideally, the Bruins would have liked to deal Czarnik as a restricted free agent with his value at its highest. However, as a 25-year-old with three pro seasons under his belt but less than 80 NHL games played, Czarnik instead qualifies for Group 6 unrestricted free agency per the NHL CBA and is free to sign with any team. Sweeney expressed that both the team and Czarnik have not closed the door on an extension, but that he feels Czarnik is “intrigued by what may exist elsewhere”. There will surely be a market for the swift, play-making forward and a return to Boston seems unlikely.
- Sweeney also updated the injury status of his team, revealing that banged-up checkers Schaller and Noel Acciari both underwent surgery following the season. The Bruins’ fourth line, while not much of an offensive threat, was one of the best defensively this season. However, their play began to tail off in the postseason and the major injuries for Schaller and Acciari certainly lend some explanation to that trend. The duo were just two of myriad injuries for Boston, but join only Brandon Carlo in going under the knife. Sweeney stated that the rest of the injured – Torey Krug, Zdeno Chara, Patrice Bergeron, Brad Marchand, David Backes, DeBrusk, Nash, and Nash – will all avoid surgery for now.
- Finally, Sweeney responded to a question about whether or not he would try to trade back into the first round of the NHL Draft next month. The Bruins sent their first-rounder to the New York Rangers in the Rick Nash deal and do not own any other team’s pick. Sweeney seemed hesitant to promise anything, saying that it is “hard” to trade back in, but did add that “you never know what some team may want to do”. In a draft class that many feels runs out of elite prospects after the first 15 or so selections, Boston may not be scrambling to trade current or future assets for a first-round pick anyway. With a late second and an early third from the Florida Panthers, the Bruins should be able to add two players with similar career projections to some late first-round picks. Even if they don’t get a future star, the Boston system is one of the best in the league with more than enough talent pushing for play time in the NHL as it is.
Yaroslav Dyblenko Placed On Unconditional Waivers
The New Jersey Devils have placed Yaroslav Dyblenko on unconditional waivers for purpose of terminating his contract. Dyblenko signed an entry-level contract last summer, and played in 54 games for the AHL’s Binghamton Devils this season.
Like many other KHL players before him, Dyblenko likely didn’t want to remain in North America just to play in the minor leagues. After parts of five seasons at the highest level in Russia, joining the AHL can feel like a step backwards for some players. Dyblenko was part of a list of players reported by Russian media recently that were expected to return to the KHL, which also included other confirmed departures like Andrey Pedan and Sergey Tolchinsky.
Dyblenko, 24, didn’t seem to have a very good chance of breaking in with the Devils over the next few seasons, meaning this isn’t a big loss for New Jersey. Technically, he could sign with another NHL team after seeing his contract terminated, but it’s much more likely that we won’t see Dyblenko on North American soil for some time.