Waived: Raymond waived with purpose of being bought out

[Volica]

Click to read more...

 

[Janks]

Good news. Raymond didn't have a place on the club with all the additions and the kids coming up.

 

[DCDM]

Don't let the door hit ya!

 

[Volica]

 

[JurassicTunga]

Good luck to Raymond.

 

[JurassicTunga]

Ryan Pike ‏@RyanNPike
Mason Raymond WILL be bought out once he clears. We'll find out Dennis Wideman's fate tomorrow. #Flames

Wideman heading out too?

 

[Pirate King Luffy]

Ownership buying someone out? Wow. What a world we live in.

 

[Ace Rimmer]

Ryan Pike ‏@RyanNPike
Mason Raymond WILL be bought out once he clears. We'll find out Dennis Wideman's fate tomorrow. #Flames

Wideman heading out too?

Ryan probably reads the comments sections on Facebook & TSN and added that bit for those people.

 

[InfinityIggy]

Thank you merciful Treliving.

 

[Johnny Hoxville]

I actually don't like this. I would have rather just sent him to the minors and used a buyout on Wideman and Smid. That would have given us the most cap space if I'm not mistaken.

 

[Ace Rimmer]

Yeah right now he has a $2.2 million cap hit next season, while the buyout will cost the Flames $1.05 million cap hit for two more seasons.

Doesn't seem like very much.

Maybe dominoes to go after Stamkos?

 

[Pirate King Luffy]

I actually don't like this. I would have rather just sent him to the minors and used a buyout on Wideman and Smid. That would have given us the most cap space if I'm not mistaken.

Can't buyout injured players. That's a no go on Smid already.

Wideman would cost double the amount for Ownership. At least when you compare the two players, Wideman can actually contribute to the team. I think they would rather payout the 1M for a guy playing in the AHL, than a guy contributing and paying 2M to definitely play for another team the next season. We can trade Wideman at the deadline if we are out of contention by then.

 

[Tkachuk Norris]

I don't mind Wideman. He can be somewhat useful. Still think we retain a million and trade him to a team like Edmonton.

I was thinking about this. If we had the cap room, and Monahan and Gaudreau only want to sign six year deals, we should sign Okposo to a 6 year 6 million dollar deal. He would be the perfect fit for that top line.

All their contracts will come off the books at the same time. So we can use Okposo's money to pay for Gaudreau and Monahans raises.

 

[JurassicTunga]

Yeah right now he has a $2.2 million cap hit next season, while the buyout will cost the Flames $1.05 million cap hit for two more seasons.

Doesn't seem like very much.

Maybe dominoes to go after Stamkos?

All but guaranteed.

 

[tmurfin]

Given our ownership a history of being against buyouts, what do we need the space for? Maybe Tre's got something cooking up with a UFA

 

[Tkachuk Norris]

So it saves us 2 million this year. And the following two years is a 1 million dollar penalty?

 

[Volica]

Given our ownership a history of being against buyouts, what do we need the space for? Maybe Tre's got something cooking up with a UFA

Two mil is a nice amount of space, this team has enough money to go out an get a 4-5 mil UFA, and ice a team.

 

[Pirate King Luffy]

So it saves us 2 million this year. And the following two years is a 1 million dollar penalty?

yeah. 2.1 million in savings. 1.05 million cap hit this up coming and then 1.05 million in 2017-2018

 

[Ace Rimmer]

So it saves us 2 million this year. And the following two years is a 1 million dollar penalty?

Flames save about a million this year, because $900,000 is "buried" in the minors with Raymond.

Can't buyout injured players. That's a no go on Smid already.

There is absolutely nothing forbidding this in the CBA. Buying out an injured player is pointless because of the team's ability to go over the cap when a player is on LTIR.

 

[Anglesmith]

Yeah, I'm not crazy about the Raymond buyout, but I guess what it does is take a little flexibility away next off-season in order to give us the most flexibility this off-season.

 

[tmurfin]

Whatever happens, all the best to MayRay, good guy, just not an NHLer anymore.

 

[Pirate King Luffy]

Flames save about a million this year, because $900,000 is "buried" in the minors with Raymond.


There is absolutely nothing forbidding this in the CBA. Buying out an injured player is pointless because of the team's ability to go over the cap when a player is on LTIR.

I'm reading and it says and has to be a mutual agreement between the two parties. Besides, buying him out would be pointless as you said.

http://www.silversevensens.com/2015/6/10/8737195/nhl-buyout-rules-refresher-guide

Can anything keep a team from buying a player out?

By all reports, you cannot buy out an injured player without their permission. There is nothing explicitly about this in the buy-out rules in the CBA, but it's something that has been widely reported over the years from multiple, reputable sources, so if there's smoke there is probably fire. It is very likely linked to the waiver requirements.

You also can't buy out a player who has a new contract that hasn't started yet.

 

[Ace Rimmer]

Reports by whom? I read the CBA looking for this restriction and am unable to find it.

Regardless, it's just as easy to leave Smid on LTIR for the season, claiming fears for his future health and well-being.

 

[Johnny Hoxville]

What info says that Smid is injured or won't be playing next year?

 

[Rubi]

Glad to hear about the Raymond buy out. Not in favour of buying out Wideman. He's a useful D-man... overpaid but still useful, unlike Raymond.

Would be totally on board if the team bought out Bollig, but that's probably not going to happen.