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 31, 2014, 12:41 PM EDT
Let’s make a big deal out of this, shall we?
Jul 31, 2014, 11:52 AM EDT
A “well-deserved” honor, according to Ed Snider.
Jul 31, 2014, 10:51 AM EDT
Beginning with the Stanley Cup champion Los Angeles Kings. Click for the full 30-team schedule.
Jul 31, 2014, 10:22 AM EDT
Brandon Sutter next?
Jul 31, 2014, 9:51 AM EDT
Went 12-15-6 with a .913 save percentage last season for Ottawa.
Jul 31, 2014, 9:00 AM EDT
But he also won’t require surgery.
Jul 31, 2014, 8:00 AM EDT
All that and more, inside.
Jul 30, 2014, 9:30 PM EDT
They’ll face off against Canada and Russia at a tournament in Toronto next week.
Jul 30, 2014, 8:30 PM EDT
Acquired last season in exchange for Krys Barch.
Jul 30, 2014, 7:30 PM EDT
“We’re moving along on that.”
Jul 30, 2014, 6:28 PM EDT
“We haven’t approached it in that respect.”
Jul 30, 2014, 5:30 PM EDT
This time, it features just one plaintiff — former Bruin Jon Rohloff.
Jul 30, 2014, 4:34 PM EDT
Alternate captain notched a career-high in goals last year.
Jul 30, 2014, 3:30 PM EDT
“Usually this isn’t the time to fight for the big contract.”
Jul 30, 2014, 2:35 PM EDT
Jim Hiller is hoping to follow in the footsteps of Todd McLellan, Paul MacLean, and Bill Peters.
Jul 30, 2014, 1:28 PM EDT
Finnish club is moving to the KHL next season.
Jul 30, 2014, 12:17 PM EDT
Arbitration hearing is scheduled for Thursday.
Jul 30, 2014, 11:28 AM EDT
After not giving him a qualifying offer.
Jul 30, 2014, 11:12 AM EDT
That’s Lacroix, when he was an assistant for Tampa Bay.
Jul 30, 2014, 10:44 AM EDT
Jim Hiller and Andrew Brewer join Tony Granato, who’s also new.
- Lindros, LeClair and Desjardins to be inducted into the Flyers Hall of Fame 8
- It’s back! PHT’s Team of the Day summer series starts tomorrow 4
- Pens sign Spaling — two years, $4.4 million 12
- Agent: Subban hasn’t told me to make him NHL’s highest-paid D 28
- Devils sign Greene to five-year, $25M extension 18
- Subban seeking $8.5 million in arbitration, versus the Habs at $5.25 million 46
- Marchand on Plekanec: ‘I hate him. I can’t stand him’ 59
- Gettin’ paid: Gardiner inks five-year, $20.25M extension with Leafs 15
- Report: Trottier to join Sabres’ coaching staff 21
- Blues sign former eighth overall pick Mueller 31
- Cashing in: Rangers sign Brassard to five-year, $25 million deal (63)
- Marchand on Plekanec: ‘I hate him. I can’t stand him’ (59)
- Subban seeking $8.5 million in arbitration, versus the Habs at $5.25 million (46)
- Trotz plans to let Johansson, Kuznetsov, and Burakovsky compete for time at center (45)
- Richards: If not for the cap, half the league would want to play for Hawks (36)