Posts Tagged salary cap

Dion Phaneuf Traded to Leafs – J.S. Giguere also traded to Leafs

Posted by Derek in NHL News, NHL Opinion, NHL Rumors, NHL Trades on January 31st, 2010

Details to be released as available.. The posts will be as up-to-date as possible.

Update 1:01 JS Giguere for Vesa Toskala and Jason Blake. No pick involved, confirmed.

Players contracts below;

JS Giguere – $6 million salary, $6.5 million cap number. $7 million next season.

Vesa Toskala – UFA at seasons end. $4 million salary and cap number this year.
Jason Blake – $4.5 million this season. Cap number is $4 million. Under contract for 2 more years.

Update 12:34: JS Giguere and first round pick for Vesa Toskala and Jason Blake. Not confirmed.

Update 12:01: Confirmed moves include Ian White, Matt Stajan, Jamal Mayers, and Nic Hagman to Calgary Flames for Dion Phaneuf, Fredrik Sjostrom, and prospect Keith Aulie to the Leafs.

Players contracts below;

Matt Stajan – UFA at the end of the season. His contract is $1.75 million this season, his cap number is the same.
Niklas Hagman – $3 million this season, cap number is the same. 2 more years on his contract.
Ian White – RFA at the end of the season. $950,000 this year, cap number is $850,000
Jamal Mayers – UFA at the end of the season. $1.4 million this year, cap number is $1.333 million.

Phaneuf – $6.5 million this year (cap number the same). $7 million next year, $6.5 million in 11-12 and 12-13, $5.5 in 13-14.
Sjostrom – $750,000 this season, cap number the same. Under contract next season as well.
Aulie – signed an entry level contract this year. Playing the AHL.

Update 11:53: Phaneuf and a Calgary prospect to Toronto for Ian White and Matt Stajan. Prospect not named yet.

Update 11:46: Dion Phaneuf from Calgary Flames to Toronto Maple Leafs for Ian White and Matt Stajan. Details to be released as available..

Update 11:45 am: Vesa Toskala traded to Anaheim for J.S. Giguere and a first round pick.

Update 11:40 am: J.S. Giguere to Leafs..Details not released yet.

Update 11:25 am: Dion Phaneuf has been traded to the Toronto Maple Leafs. Details to follow…

“While details are few, sources say the Toronto Maple Leafs are on the verge of completing at least one trade today that will be viewed as a “major change.”

Specifics as to whether the deal will be for an upgrade in goal, or for offensive help, weren’t provided, however this deal and potentially others are very close to being completed.

When asked if these “major changes” were imminent, the source replied, “they should start happening today.”

Details to follow on TSN.ca”(Source: Darren Dreger of TSN)

Something has to give in the Big Smoke of Toronto, and according to Darren Dreger (who is a very reliable source for inside information) today is going to be very active, in fact “major changes” are imminent.

We’ll be covering this situation closely as the story breaks….

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Capoligist needed in Chicago

Posted by Derek in NHL Free Agents, NHL News on July 8th, 2009

There’s a new position becoming very important in the new NHL salary cap era. For lack of a better term we’ll call it a “Capoligist”. With the cap expected to shrink in the coming seasons, there’s a big problem for teams with a plethora of young talent who will be looking to sign their first significant restricted free agent contracts. The Chicago Blackhawks are a team that will get up-close and personal with this dilemma in the near future.

Hawks general manager Dale Tallon already has $42.473 million tied up in 11 skaters and 1 goaltender going into next season, with young stars like Patrick Kane, Jonathan Toews, and Duncan Keith, to name a few, coming up as restricted free agents next summer. These are players who will be looking for star calibre money, and with over $42 million already allocated to other players next season, it’s safe to say the ‘Hawks will be looking to move out some contracts to make cap space to sign them.

Having just signed Cam Barker and Kris Versteeg to just over $3 million each for next year, look for possible movement for each player as well as Patrick Sharp, who will be earning $4 million next year.

This not to say it’s all doom and gloom in the windy city though. There are certainly worse problems to face than having too much young talent. It will be interesting to follow what the ‘Hawks do at the trade deadline as they try to figure out how to solve this quagmire, and still take a shot at the Cup.

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