Wednesday, June 29, 2016

Buyout Period (Jun 29)

With only a couple more days for buyouts, the Calgary Flames announced that they were joining in by placing Mason Raymond on unconditional waivers for the purpose of buying him out. Cap savings on this move will be $2.1 million, but will carry a cap hit of $1.05 million, both this year and next.  His buyout deals are here, posted on CapFriendly.

Raymond only played in 29 games for the Flames in 2016, spending the rest of the season down in the minors or was a healthy scratch, so the big cap hit wasn't feasible for that kind of player, who wasn't in the long-term plans.

The Nashville Predators were also looking ahead, placing forward Eric Nystrom on the same unconditional waivers, as they are in a cap-saving mode as well.  Nystrom was scheduled to be a $2.5 million cap hit for the 2016 season, but his buyout tomorrow will mean that the team saves $2 million this season, while being a $500,000 cap hit this year and a $1 million cap hit next season.  All of his details are here.

In 46 games last season, the 33-year old forward scored 7 goals and no assists.

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