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TSN: Leafs' Connolly placed on waivers - McKenzie: Cleared waivers.

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Chandrashekhar Limit said:
We cannot use an Amnesity buyout on players who become FA's this year, so there will be no "wasting" done.

Buyout for him is stupid, as we will be relieved of the cap in a couple months. Just let him play in the AHL.
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As it was often repeated, it's not only stupid, it's impossible.

The buy-out period was last June.

Great to see that you are aware that this can't be an accelerated compliance/amnesty buy out.
 
Fogelhund said:
His cap hit wouldn't come off our cap, and it isn't an amnesty buyout anyway. I'm not sure we can even do a buyout at this time of year. Anyway, with Aucoin gone, the Marlies could use a C, I imagine that Connolly and Frattin could make an interesting pairing in the AHL.
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Yup, the Marlies technically got an upgrade here. I'm quite pumped that we can keep Connolly.
 
Rinzler said:
Maybe but why would a team trade for him if they could have gotten him for free via waivers? Sure we can hold some salary back but that's less of an issue as the season goes on.

I think he's going to stay in the organization for the remainder of the year.
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They would trade for him because they can get him for half the money. Money strapped teams like NYI and such would not mind selling a 3rd/4th for a couple million if they really needed a player.

I wouldn't mind if he stays, due to the reasons you mentioned. So happy the stupid re-entry waived got booted.
 
beauchamp said:
As it was often repeated, it's not only stupid, it's impossible.

The buy-out period was last June.

Great to see that you are aware that this can't be an accelerated compliance/amnesty buy out.
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Pardon my ignorance then :P

Can buyouts only happen during the offseason then?
 
rojac said:
Well, you have to admit, if someone sent them this link, it would be an easy mistake to make:

http://islanders.nhl.com/club/player.htm?id=8467878
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No, it's not an easy mistake to make.

Clicking that link, I'd look for at least one paragraph, one team quote: NYI have claim Tim Connolly off waivers.

If a team has the time to supposedly post a players stats, then they should have time for a 1 line announcement.
 
Chandrashekhar Limit said:
Pardon my ignorance then :P

Can buyouts only happen during the offseason then?
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Under the old CBA, from the later of 2 days after the Cup Finals or June 15 till June 30.

That gave a chance to the bought out player to participate in the July 1st FA derby.

I don't expect that things will be differently with the new CBA.

Exception: Under the old CBA, teams had 48 hours after an arbitration decision to decide to reject the said decision and allow the player to be a FA (for players receiving $1M+).
 
Chandrashekhar Limit said:
Pardon my ignorance then :P

Can buyouts only happen during the offseason then?
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Typically yes, but the NHL-NHLPA agreed to "accelerated" buyouts to allow teams to buyout players like Redden/Gomez right now instead of waiting until the summer.

It won't be available for teams during the season in future years. It's only for this year.
 
p.l.f. said:
you can only buy out guys with 2 yrs or more left (until June
gomez redden etc (and komi ;)
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There would be little point. This year's money would count against the cap. Anyone doing an amnesty buyout would only be saving money on next years cap hit. The buyout in fact occurs in June. They have only accelerated the buyout timetable so players like Redden and Gomez have a chance of getting on with their careers. This year's paycheck, that they have cut those two, will count against the cap. Next year's paycheck will not count against the cap.

Hope that helps. If not ... its the best I could do.
 
Rinzler said:
Maybe but why would a team trade for him if they could have gotten him for free via waivers? Sure we can hold some salary back but that's less of an issue as the season goes on.

I think he's going to stay in the organization for the remainder of the year.
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Lots of teams have a budget, I heard Don Maloney say he couldn't have made the Lombardi deal without the Leafs retaining salary.
 
p.l.f. said:
abbott connolly hamiton
d'amigo colborne ashton
deschamps zigamonis scott

whatever marlies are still strong
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Frattin?

He's been sent down too. I think he still needs a bit more time after the injury plus if he played 3 more NHL games, he couldn't be sent down freely.
 
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