Sens Buyout Cheechoo

Well, I possibly chose a little too early not to post anything about contracts being bought out, because since the waivers on Monday, only one player has officially had his contract bought out, Jonathan Cheechoo from the Ottawa Senators. Everyone on the list had cleared waivers, which gives the team time to decide their eventual fate, but Cheechoo was the only player dropped like a hot potato.

Cheechoo, I believe, is an unrestricted free agent right off the hop, getting a jump on the free agent frenzy, but his value has tumbled so far since his 56-goal season in San Jose, it doesn't appear to be any time soon before he gets a new deal in the NHL... or so I gather.

Here again are Cheechoo's buyout numbers...

JONATHAN CHEECHOO BUYOUT FROM CAPGEEK.COM
2010-2011: $666,667
2011-2012: $1,166,667