Thursday, June 16, 2016

Buyout Period (Jun 16)

On Wednesday, the buyout period opened up and will run until the end of the month and teams will be able to clean up some of their poor contracts up for a cost, of course.  The Maple Leafs were quick on the draw, placing defenseman Jared Cowen (and his $3.1 million cap hit) on waivers yesterday, solely for the purpose of buying him out today.  With the way the math works out, Cowen will be a credit this season, but a minor hit in the 2018 season.

Cowen had a lot of upside when he came into the league with Ottawa, but his potential wasn't realized and a big contract made him a difficult player to have around on a daily basis.  It will be interesting to see if he can land a job elsewhere and possibly become a fringe defenseman for us poolies.

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