Tuesday, September 16, 2008

Schneider on waivers

The Anaheim Ducks, needing to trim payroll, have placed defenseman Mathieu Schneider on waivers with the expectation that a team will claim him and $5.75 million salary for this season.

Once they move Schneider off the books, the Ducks are expected to re-sign Teemu Selanne.
Well. We've heard for months now that Schneider was on his way out of Anaheim given their salary situation, but it's hard to believe there weren't any takers in a trade given his value.

Sure, he maybe a bit overpriced at that cap hit, but he's still a very useful player.

The waiver system ranks teams worst to first based on their finish last season until Nov. 1, meaning Tampa Bay would have first crack at Schneider. The Kings, Thrashers, Blues and Islanders would then be next in line.

There are 12 teams with enough cap space to take Schneider on, and Los Angeles seems the most obvious choice given their need for a veteran blueliner and position $18-million below the cap. Atlanta, Phoenix, the Islanders and St. Louis also have the space and a need for an offensive defenceman.

We'll know within the next few days where he's headed.

Anaheim was about $3-million over the cap with Schneider on the books, so this frees up roughly $2.5-million for Selanne's contract. Expect an announcement on that before the Ducks open camp at the end of this week.

Schneider is the second significant loss via waivers for the Ducks in the past year, as GM Brian Burke also tossed Ilya Bryzgalov, now the Coyotes' starter, into the freebie bin last fall.
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39 Comments:

At 1:22 PM, September 16, 2008, Blogger Quain said...

Well, hopefully Burke can hop on TSN and start screaming about how Kevin Lowe has driven down the trade value for defensemen.

Unless there's some reason Schneider can't be traded this is A+ GMing.

 
At 1:23 PM, September 16, 2008, Blogger Jonathan said...

It is surprising that he couldn't trade the player, especially since it seems likely that he'll now lose him to a divsion rival (albeit not a terribly frightening one). Still, it fits with the low return that Lombardi got for Lubomir Visnovsky.

 
At 1:31 PM, September 16, 2008, Blogger Earl Sleek said...

Meh, I don't mind it. Cap space is definitely an asset, especially for a team that's been sitting over the cap all summer with a Finnish legend waiting to sign cheap.

I'm not going to lose sleep because Burke didn't land a low draft pick -- Burkie's a terrible drafter anyway.

 
At 1:35 PM, September 16, 2008, Anonymous Anonymous said...

You'll see that Burkie will come out as a good guy. "I promised Mathieu that if I can't trade him I'll let him go for free". Guaranteed!

 
At 1:44 PM, September 16, 2008, Anonymous ALeX said...

Twice in two years Anaheim has lost a good asset to waivers... Another proof that Burke is a hard-headed fool always playing hardball in trade talks, unwilling to bulge and so full of pride that he refuses to call back a potential trade partner with a lower offer.

Burke is intensely disliked around the league and no other GM will do anything to help him in any way

 
At 1:52 PM, September 16, 2008, Anonymous Anonymous said...

I was under the impression that Burke was a genius. I heard it from Burke himself. On more than one occasion.

/blinkered Ducks fanboy

 
At 1:54 PM, September 16, 2008, Blogger XsavagistX said...

low return for Lubo? they get two solid players. Stoll is a workhorse if he gets over his bout with concussions and Greene will be a solid back end guy. he has potential to improve immensely as a stay-at-home defender. thinking its surprising that Burke couldnt move a 5.75 million dollar contract is not surprising at all. who wants to PAY the ducks any compensation to do Burke a favor of clearing up space to sign their top offensive player? i sure the hell wouldnt. doing favors for someone who dug themself a hole in a competition is stupid. let the "genius" be accountable for his mistakes after he smack talks other GM's in the public media like a teenager.

 
At 1:54 PM, September 16, 2008, Blogger RudyKelly said...

The Kings would be insane to not pick him up. How often can you get a very good offensive defenseman for absolutely nothing?

Also, I'm insane because I'm starting to think that if the Kings can pick up Schneider and Adrian Aucoin or Jason Cullimore than they might have a shot at the playoffs. I'm insane, right?

 
At 2:20 PM, September 16, 2008, Blogger saskhab said...

Lombardi probably balked at the trade demands Burke had for him. If Montreal really was in the running for Schneider, Burke had reason to keep the price somewhat high. Once Montreal opted for Lang instead of Schneieder, it may have played right into Lombo's hands. Knowing he had second shot of Schneider via waivers, he could low ball Burke.

Burke might get some tagging relief out of this (a la Bryzgalov), and figured it was better value than whatever asset(s) he was going to receive in a trade.

 
At 2:23 PM, September 16, 2008, Blogger Earl Sleek said...

Burke might get some tagging relief out of this (a la Bryzgalov), and figured it was better value than whatever asset(s) he was going to receive in a trade.

Actually, Saskhab, I'm no expert, but I don't think either Bryzgalov or Schneider matters when it comes to tagging. Tagging has to do with how much money is committed to future years (where there isn't even a cap ceiling set yet), and Bryzgalov and Schneider were both waived on the last years of their deals.

The Andy McDonald trade was about tagging, because he (and Scott Niedermayer) were both signed beyond last year.

 
At 2:28 PM, September 16, 2008, Blogger saskhab said...

I remember when the MacDonald trade came up he mentioned Bryzgalov and tagging together, but again, I'm no expert either.

 
At 2:40 PM, September 16, 2008, Blogger DMFB said...

he has potential to improve immensely as a stay-at-home defender

Mostly because he's currently an absolutely terrible stay-at-home defender.

Anyway, not that I like defedning Burke, but this is really as much a fault of Niedermayer waffling as anything: Burke wouldn't have needed to sign Schneider in the first place if Niedermayer would have just sucked it up and played a full season.

 
At 3:11 PM, September 16, 2008, Blogger Adam C said...

Got him for free. Lost him for nothing. From Burke's perspective - as long as Schneider does get picked up - it's hard to call this a disaster. OTOH, combined with Bryzgalov it really does raise the issue of whether anyone wants to trade with Burke.

Hey, do you think now Tampa will waive a couple of forwards to pick him up?

 
At 3:15 PM, September 16, 2008, Blogger James Mirtle said...

I wouldn't put anything past the Lightning at this point.

 
At 4:06 PM, September 16, 2008, Anonymous Anonymous said...

Woohoo....just picked up Selanne in the Fantasy Pool !

 
At 4:18 PM, September 16, 2008, Blogger Cameron said...

I like the idea behind the Bolts nabbing him too.

It would be the perfect 'WTF?!" moment to cap off their off-season on the blue-line.

Aside from that I have Columbus as the most likely to be interested. They badly need a work-horse defenseman, and Schneider can also tutor the punks. Plus, Hitch loves him some vets. Just thinking out loud.

 
At 4:42 PM, September 16, 2008, Blogger James Mirtle said...

I can't see the Blue Jackets spending right up to the cap given their cashflow issues.

 
At 5:00 PM, September 16, 2008, Blogger Nick said...

If the lightning or kings don't snag him I'll be amazed. I'm not sure what's going on in Tampa, but the need defense. They might be able to work something out. If not, I can't imagine why the kings would pass him up.

 
At 5:03 PM, September 16, 2008, Blogger Bill Needle said...

Why should Burke care if he gets anything for Schneider. His owner could be going to prison and he could be going Toronto. Talk about a lack of accountability.

 
At 5:13 PM, September 16, 2008, Blogger XsavagistX said...

DMFB: terrible based on what? his goals against per 60 at even strength was one of the lowest on the Oilers at 2.21. sure, it wasnt against the best competition but most defenders do take time to transition into the league and he gets a lot of SCAM calls against him. only 23 goals against at even strength all season in JUST ABOUT 14 minutes of ES ice time a night.

Adam C: picked up for free? lost for nothing? false. the Ducks will still be picking up part (what, 50%?) of the bill if the Kings claim him in this immediate waive.

 
At 5:17 PM, September 16, 2008, Blogger Earl Sleek said...

false. the Ducks will still be picking up part (what, 50%?) of the bill if the Kings claim him in this immediate waive.

Drop the "5" and this sentence becomes accurate. If any team claims him now, the Ducks pay $0 or 0%.

You're thinking of re-entry waivers, which may or may not occur, but isn't what this post is about.

 
At 5:48 PM, September 16, 2008, Anonymous Anonymous said...

Schneider is bit of a whiner so at 39yrs. and making that kind of money he should end his career in the minors or somewhere in Russia which ever is worst.
Teemu Selanne won't score more than 25 goals and he's done. Finnished so to speak.

 
At 5:54 PM, September 16, 2008, Anonymous snafu said...

Am I the only one who thinks the 35 and over rule applies to Schneider, since he's on the second year of a two year deal, and was 37 when he signed?

That would mean that in spite of being waived, the Ducks have the entire cap hit on their books, minus 100K? Upon recall, if he's claimed, the Ducks would have to pay 50% of the remaining salary. Buying him out also was not an option due to the 35 and over rule-- meaning the entire cap hit would still count regardless.

 
At 6:04 PM, September 16, 2008, Anonymous Anonymous said...

Too bad he isn't goalie because KHL needs a good one because Riga Latvia's number one Masakalis got beaten up after team dinner and is in local ICU.

 
At 6:16 PM, September 16, 2008, Blogger James Mirtle said...

Okay, now that's off topic.

 
At 6:20 PM, September 16, 2008, Blogger Jonathan said...

Given that a player of Schneider's calibre is now on waivers, does this make San Jose's payment for Dan Boyle look worse?

Because I'm thinking that Carle, Wishart, a 1st and a 4th looked like an overpayment at the time, and looks even worse now.

 
At 6:29 PM, September 16, 2008, Blogger James Mirtle said...

Not to mention that contract Boyle has. Whew.

 
At 6:34 PM, September 16, 2008, Blogger Nick said...

Given that a player of Schneider's calibre is now on waivers, does this make San Jose's payment for Dan Boyle look worse?

Or does it make brian burke look retarded-er

 
At 7:12 PM, September 16, 2008, Blogger Jonathan said...

Not to mention that contract Boyle has. Whew.

Tampa Bay's management sure seemed bush league in how they treated Boyle, but I don't think there's any doubt that they were lucky to get out from under that contract.

 
At 9:38 PM, September 16, 2008, Blogger Nick said...

Hey James, do you think that because of what happened to Bertuzzi and Schneider players will be less than excited to sign with Anaheim? Or do you think these veterans on waivers incidents will be seen as isolated incidents

 
At 9:51 PM, September 16, 2008, Blogger Earl Sleek said...

Hey James, do you think that because of what happened to Bertuzzi and Schneider players will be less than excited to sign with Anaheim?

My guess? If Burke stays, then yes. If he leaves, then that negativity probably goes with him.

Still, both players did sign with the knowledge that Burke was allowing them time to return to the team; this was a very real possibility a year ago.

Plus Bertuzzi sucks.

 
At 10:06 PM, September 16, 2008, Blogger Nick said...

Yea, I'm not disagreeing that Bertuzzi sucks. I'm saying that if I'm a free agent and have a choice, I might not go out of my way to sign with the Ducks.

I wonder how much stuff like that plays into where players sign

 
At 10:11 PM, September 16, 2008, Blogger James Mirtle said...

I don't think so, no. Bertuzzi was bought out because he didn't live up to his salary more than anything, while Schneider knew he was going into a potentially troublesome cap situation when he signed last season.

Anaheim's far from the only team with cap issues, and we're going to be seeing a lot more of this in the future.

 
At 10:16 PM, September 16, 2008, Anonymous snafu said...

I feel like my first comment got lost.

If no team claims Schneider, the Ducks still have the entire $5.65 million as a cap hit. It won't matter if he's in the minors or in Anaheim, the cap hit counts because he's in the 2nd year of a contract signed by a 35+ vet. If he's claimed on recall, the Ducks have to pony up half, thus gaining very little cap relief.

 
At 10:41 PM, September 16, 2008, Blogger James Mirtle said...

I don't think Burke was ever planning on hiding Schneider in the minors and it seems unlikely that, even if he goes unclaimed, that he won't be able to somehow find a home for him via trade.

Burke may just have to take back another, smaller unwanted salary.

 
At 10:55 PM, September 16, 2008, Blogger saskhab said...

Burke may just have to take back another, smaller unwanted salary.

Schneider for Calder or Gauthier?

 
At 10:59 PM, September 16, 2008, Blogger James Mirtle said...

Yeah, exactly. If that's what Lombardi wants to do, and there aren't any other Schneider suitors, what other choice does Burke have?

I bet someone claims him, however. We will know by noon Wednesday.

 
At 11:10 PM, September 16, 2008, Blogger Earl Sleek said...

We will know by noon Wednesday.

You slacker. I'll know by 9 am.

 
At 10:02 AM, September 17, 2008, Anonymous Anonymous said...

For what it's worth, Schneider and a Kings player worked out Monday night with the LA Jr. Kings 18 team.

 

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