Feb 7, 2013, 5:21 PM EDT
The New York Islanders have acquired Tim Thomas from the Boston Bruins in exchange for a conditional second-round draft pick in either 2014 or 2015.
TSN’s Bob McKenzie notes the Bruins will only receive the pick if Thomas reports to the Isles, or if they trade his rights.
Thomas, 38, has not played this year after taking a sabbatical from hockey to “reconnect with friends, family and faith” in early June.
The former Conn Smythe and Vezina winner said he planned on returning for the 2013-14 season, but that he only wanted to play for Boston.
Prior to the trade, Boston had been stuck with Thomas’ cap hit, though it did receive some financial relief by suspending him, meaning the Bruins didn’t have to pay his salary.
Thomas will also play a role in New York’s financials as well.
“We have acquired an asset for our organization,” Isles GM Garth Snow said of the trade. “This acquisition allows us flexibility with our roster moving forward.”
New York, currently operating with the NHL’s smallest payroll (just over $49 million), already has two goalies under contract — Rick DiPietro ($4.5 million cap hit until 2021) and Evgeni Nabokov, who carries at $2.75 million cap hit this season.
Thomas has one year remaining on the four-year, $20 million deal (average annual cap hit of $5 million) he signed in 2009.
Here’s more, from Newsday’s Arthur Staple:
Move is cap-related — #Isles needed to be over the floor by tomorrow, needed insurance against not being cap compliant the entire season.
— Arthur Staple (@StapeNewsday) February 7, 2013
With the NHL’s salary cap floor at $44 million, bringing Thomas’ salary on board could allow the Islanders to move other players (via trade, perhaps) and still clear the floor.
Earlier today, defenseman Lubomir Visnovsky was added to the active roster, but has repeatedly tried to block his move to the Islanders.
Visnovsky and Streit are both impending UFAs with a combined cap hit of $9.7 million.
— McKenzie also notes the Isles can “toll” Thomas’ contract to next year (something the Bruins had the option of doing), or they can let it expire at the end of the year.
— Staple reports the Islanders are unlikely to toll the contract, as they want financial flexibility going into the offseason.
Jul 2, 2015, 6:00 PM EDT
It’s a one-year, two-way deal.
Jul 2, 2015, 5:15 PM EDT
Washington continues to load up.
Jul 2, 2015, 5:00 PM EDT
There’s no “timetables for next steps”, according to NHL Deputy Commissioner Bill Daly.
Jul 2, 2015, 4:45 PM EDT
The 27-year-old is looking forward to a fresh start in Pittsburgh.
Jul 2, 2015, 3:34 PM EDT
Acquired from Toronto at last year’s trade deadline.
Jul 2, 2015, 2:57 PM EDT
Leagues will continue to respect each other’s contracts. But that’s it.
Jul 2, 2015, 2:52 PM EDT
Pleads no contest to misdemeanor count of corporal injury to a spouse.
Jul 2, 2015, 2:11 PM EDT
Boughner coached against DeBoer in the OHL, Hedberg played for him in New Jersey.
Jul 2, 2015, 2:02 PM EDT
The Mike Gillis era is just a memory now.
Jul 2, 2015, 1:46 PM EDT
Former Hart Trophy winner announced his retirement on Thursday.
Jul 2, 2015, 1:35 PM EDT
Pittsburgh? Florida? New Jersey? KHL?
Jul 2, 2015, 1:29 PM EDT
“At some point Justin became more affordable to us, and we started to lean his way.”
Jul 2, 2015, 12:36 PM EDT
“At the end of the day, nobody wants to get traded two times. But it’s a learning curve.”
Jul 2, 2015, 12:18 PM EDT
But reports suggest Edmonton, Columbus and Philly are interested.
Jul 2, 2015, 12:07 PM EDT
24-year-old has appeared in 220 NHL contests, all with Nashville.
Jul 2, 2015, 10:52 AM EDT
Yes, the same Jim Rutherford who was the GM in Carolina for two decades.
Jul 2, 2015, 9:53 AM EDT
He didn’t want to make his intentions known until he was drafted.
Jul 2, 2015, 8:56 AM EDT
He was playing with the Winnipeg Jets before heading to Croatia.
Jul 2, 2015, 8:03 AM EDT
Thursday’s collection of links.
Jul 2, 2015, 12:43 AM EDT
Some interesting players still need deals.
- Trade: Caps acquire Oshie from Blues for Brouwer, Copley and draft pick 37
- Voynov takes plea, gets 90 days in jail plus probation 31
- Curtains on Broadway: Martin St. Louis calls it a career 26
- Discuss: Where’s the best fit for Alex Semin? 16
- Caps landing ‘affordable’ Williams a sign of the new free agency 2
- Shots fired! ‘Canes owner Karmanos rips into Jim Rutherford (Updated) 53
- Here’s who’s left after Day 1 of free agency 29
- PHT’s 2015 free agent frenzy tracker 38
- Getting clutch? Capitals sign Justin Williams for two years, $6.5M 21
- Coyotes bring back Vermette with two-year deal 33
- Blockbuster: Kessel traded to the Penguins (131)
- Trade: Flyers send Rinaldo to Bruins for 2017 third-rounder (105)
- Trade: Jackets land Saad; Anisimov and Dano headed to Chicago (93)
- Bypassing a buyout? Kings terminate Richards’ contract for ‘material breach’ (90)
- Trade: Flames land Dougie Hamilton for package of picks (75)