Tuesday, February 06, 2007

Samsonov waived

The Sportsnet crew just reported that the Montreal Canadiens have placed struggling winger Sergei Samsonov on waivers.

If they can stash Samsonov's $3.525-million salary in the AHL, Montreal will suddenly free up some cap space to bring in a player at the trade deadline. There's also the possibility a team will claim Samsonov, taking him off GM Bob Gainey's hands altogether, or that he may be placed on re-entry waivers under a scenario where Montreal will eat half of his remaining contract.

It's hard to believe just how far Samsonov has fallen from when he had back-to-back 29-goal, 70+ point seasons from 2000-02. He was a healthy scratch on Sunday, and is on pace for just 34 points this season.

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6 Comments:

At 2:12 PM, February 06, 2007, Blogger ninja said...

I'm confused. I thought the CBA was intended to prevent GMs from stashing salary in the minors, so as to avoid stock-piling talent and side-stepping the cap. Or am I just thinking of the over-35 clauses?

 
At 2:55 PM, February 06, 2007, Anonymous snafu said...

Ninja-

You are thinking about the 35+ clause, where any move still leaves you on the hook for the salary. Clearly the waiver system was not designed for cap relief but can be exploited in such a way that the salary essentially disappears from the roster.

 
At 4:17 PM, February 06, 2007, Anonymous Anonymous said...

WHAT? Eklund had Samsonov in a trade to Anaheim just yesterday afternoon. Eklund's first miss!!!

 
At 4:58 PM, February 06, 2007, Blogger Matthew Macaskill said...

I wasn't aware that a team could rid themselves of salary against the cap by sending a player to the AHL (if they clear waivers). It makes things interesting, especially if Gainey actually was going to make a trade to bring in someone expensive.

However, I doubt Samsonov would be a happy camper if he were sent to the minors. Losing him on re-entry waivers wouldn't be very fun either since the Habs would have to still pick up half of the tab.

Very interesting situation indeed.

 
At 6:58 PM, February 06, 2007, Anonymous ken said...

This is a situation exactly why I thought the NHL would be better to try to eliminate guaranteed contracts, rather than installing a salary cap. Now the Habs are stuck with a huge salary, and the cap in this case hurts the team, not the player.

 
At 8:50 PM, February 06, 2007, Anonymous MikeP said...

Matthew, but the team still has to pay him his full salary (I doubt he has a two-way salary), and if he clears and is subsequently recalled, he has to clear again - and then the Habs are still on the hook for half his salary.

Better than being hard up against the cap to be sure, but it will still have cost the team $6 million and change if nobody claims him.

He can refuse to report to the AHL, but then he gets suspended and no pay at all, and I doubt he's that sulky.

 

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