Friday, December 07, 2007

The Recchi countdown continues

The Pittsburgh Penguins have placed veteran winger Mark Recchi on re-entry waivers.
The Penguins will now pay half of what's left of Recchi's $1.75-million salary if he's claimed, which amounts to a little more than $600,000.

As I said earlier in the week, he's not done, as it'd be insane to not take a chance on a veteran who had 68 points last season. Washington has first dibs on him, then Los Angeles, Florida, Phoenix, Edmonton, Calgary, Buffalo, Tampa Bay, Atlanta, Anaheim and Toronto.

We'll see by tomorrow afternoon if he slides further than that.



At 2:12 p.m., December 07, 2007, Blogger Greg said...

Doesn't the Bryzgalov pick-up move Phoenix to the back of the line, or did that whole thing go away?

At 2:25 p.m., December 07, 2007, Anonymous said...

My gut opinion is that Florida should pick him. They seem desperate for veteran leadership. If Recchi has something left in the tank, maybe he can provide some.

At 2:27 p.m., December 07, 2007, Blogger James Mirtle said...

Here's the pertinent section of the CBA:

13.19 If only one Club makes a claim for the Player on whom Waivers have been requested, such Player shall be transferred to that Club. In the event that more than one Club makes a claim for such Player, he shall be transferred to the claiming Club having earned the lowest percentage of possible points in the League standing at the time of the request for Waivers or, if Waivers are requested outside the playing season, then to the Club having earned the lowest percentage of possible points in the preceding season's schedule of Regular Season Games. If the successful Waiver claim is made before November 1st then the priority shall be determined by the final standing in the League's Regular Season schedule in the preceding season.

That is the only mention of waiver priority in the document, and I'm reasonably certain that's the way it always applies.

At 3:00 p.m., December 07, 2007, Anonymous Anonymous said...

James, do you know if there is a minimum "hold" period for the team claiming Recchi, before he can be traded to another team?

I know in the past that a team low down on the priority list will often make a deal with a team ranked number 1 on the list - who has no interest in the player - to claim the player and then trade the player to them for a "future consideration".

Is it also correct that even if Recchi is subsequently traded by the claiming team, the new acquiring team still has to only pay half the salary with Pittsburgh still paying the other half?

At 3:12 p.m., December 07, 2007, Blogger James Mirtle said...

(b) A Player who has been acquired by Waiver claim shall not be Traded to another Club until the termination of Playoffs of the season in which he was acquired unless he is first offered on the same terms to the Club(s) that entered a claim when Waivers were requested originally and the offer has been refused.


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