Edmonton is team full of bad contracts.
Lauri Korpikoski 1 year remaining $2.5M cap/$3M salary
Buyout is $500,000 cap for 16-17 and $1M for 17-18
Mark Fayne 2 years remaining $3.625M cap/$3.5M salary per/$7M
Buyout is $1,291,667 for first two years and $1,166,667 for the last two years
Andrew Ference 1 year remaining/ $3.25M cap and salary
Buyout is $1,083,333 per for two years
$2.875M combined cap hit for 16-17
$3.375M combined cap hit for 17-18
$1,666,667 million for 18-19 and 19-20
Ference is expecting the Oilers to buy him after having hip surgery
After almost two decades in the NHL, veteran defenseman Andrew Ference says he is prepared for life after hockey and that he will likely retire if the Edmonton Oilers buy out his contract after the season.
"I think that's it for me," Ference told ESPN.com in a phone interview Friday morning. "More than likely [the Oilers] will probably buy me out this summer, and we'll probably part ways. That's it."
Ference, 36, was placed on injured reserve in January and is planning to have hip surgery to repair a torn labrum. He has been limited to six games this season and last played Nov. 27 at Detroit.
"Nothing is written in stone yet, but surgery is probably 95 percent that I'm getting it. All the other stuff, you can read between the lines. I've been around long enough," Ference said with a chuckle.
http://espn.go.com/nhl/story/_/id/14806696/andrew-ference-edmonton-oilers-prepares-life-hockey
All three for Dan Girardi. Peter Chiarelli tried to acquire Girardi in 2009 when Boston was looking at trading Kessel.