Murray headed for buyout
The Bruins locked up one of their younger players in 25-year-old Dennis Wideman yesterday, signing the defenseman to a four-year, $15.5 million extension that translates to a $3.875 million annual cap hit.More squeezing and tightening under the cap. And there's definitely more to come.
On the same day, in a salary-clearing transaction, the Bruins took the first step in buying out and saying farewell to one of their veterans, placing 35-year-old Glen Murray and his $4.15 million salary on waivers.
Boston at the moment is one of seven teams potentially over the salary cap, and dumping Murray's deal in a buyout will put them under. The Bruins brought in Michael Ryder for $4-million a season, which combined with Wideman's contract put them over.
Murray's had an awful time with injuries (groin and hip) since the lockout, averaging 62 games played, 23 goals and 43 points over the past three seasons. Last year was the real low point, as he posted his lowest totals in 11 years.
He's still an NHL-calibre player, and should find a home. Some have even suggested reuniting him with Joe Thornton out in San Jose, as Murray had a career year with 44 goals and 92 points alongside the big centre five years ago.
Given the Sharks' lack of cap space and the fact Jonathan Cheechoo is still on Thornton's right wing, that seems like a long shot.
Murray is a big body and he has a nice wrist shot, but isn't the greatest defensively. He's probably suited to more of a power-play specialist's role, and catching on at a steep discount somewhere like Ottawa would make sense.
As for the Wideman deal, it's a little high, but that's about the range that every young RFA defenceman is signing in these days. He was ninth in the league in ice time with more than 2,000 minutes played and was almost the perfect partner for Zdeno Chara.
At this rate, Brent Burns ($3.55-million) and Brent Seabrook ($3.5-million) are looking like bargains.
Spector has more on teams trying to get under the cap.