Tuesday, August 02, 2016

Buyout Period (Aug 2)

The Arizona Coyotes opted to buyout centre Antoine Vermette, a year after returning to the team from his championship turn with the Chicago Blackhawks. The buyout, made official on Tuesday, will take care of the last year of his deal, which was for $3.75 million.  The cap hit for the two years will be $1.25 million, saving the team a cool $2.5 million this season against the cap.

Vermette, 34, was a solid contributor for the Coyotes last season, finishing with 17 goals and 38 points in 76 games, ranking 148th among all forwards and was right in the middle of the pack, when it comes to the hockey pool worthiness.  He now becomes an unrestricted free agent and teams will be able to get him at a better rate, which should make him more attractive on the market.  I don't think it will be long before we see his name on the blog again.

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