Yeah, but I still think Poile could've found *something* if he retained to $3m x 4. That's only $1m the next four years...and nothing year 5-8. Also, he could've gotten *something* in return.
I suspect timing is a factor too. He couldn't wait to make a trade after the buyout window closed, for example, if he had nothing firm. But if any team out there was interested in Turris, why not do precisely that - wait until after the buyout window closed, because you might just be able to sign him for just a 1- or 2-year term potentially at even less. Poile probably got a tepid enough response in trade attempts that he felt ok blinking in that game of chicken and just following through on the buyout.
It's not shocking that there was no trade out there for Turris. But I think where Poile went wrong is that, given that, he should have just kept Turris and revisited things next season.
*UNLESS* he actually has a plan to use that extra $4M in cap space. Or unless the team finances are in some trouble. We'll see if either of those scenarios gets supporting evidence on Friday.