Category Archives: Money

Plenty of buyouts expected

James MIrtle of the The Globe and Mail writes that Plenty of buyouts expected to kick off NHL’s silly season

Read the article here

Ryan O’Reilly Contract Update

In asking the proper authorities tonight, it is confirmed: talks are still ongoing with Ryan O’Reilly. There was little to no contact for several days, but O’Reilly’s agents – Mark Guy and Pat Morris of the Newport Sports Agency in Ontario – did speak with Avalanche management today – presumably Greg Sherman.

That’s all I have for now. Don’t know if it was positive or negative, the talks. But I don’t think there’s any question that it’s a positive that talks are still happening at all. By my accounts, they had been very chilly previously. They still may be. Obviously, there is no deal yet.

Canadiens Sign Subban for 2 years

The Montreal Canadiens have just signed restricted free agent PK Subban to a 2 year contract worth a total of 5.75 million.

Good news if you are a habs fan and didn’t want to see the Subban issue grow any more that it already has.

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NHL, NHLPA AGREE TO ACCELERATED COMPLIANCE BUYOUTS

This is great as it will make it so that players such as Redden and Gomex will still have  chance to play somewhre else this season rather than sitting at home.

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The NHL and NHL Players’ Association have come to an agreement on players being forced to stay home for salary cap reasons this season.

According to TSN Hockey Insider Pierre LeBrun of ESPN.com, teams are now eligible to exercise an “accelerated compliance buyout” on one player with a salary cap hit of $3 million or more before the regular season begins on Saturday.

If a compliance buyout is used this week, a team will have only one left to use next summer.

Media no longer allowed to ask Flames about Iginla’s contract status

Media members were warned —this is the final chance to bring up Jarome Iginla’s contract status.

After Sunday’s gathering, all inquiries about the Calgary Flames captain’s future with the club will be met with frowns and mutterings, rolled eyes and hot collars. Perhaps even a noogie or two.

Scorn will be risked.

So, according to general manager Jay Feaster and Iginla, this was it. Get it off your chest.