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Report: Sabres retain salary in Vanek trade

Oct 29, 2013, 12:20 PM EDT

Thomas Vanek Getty Images

If you were among the many who thought the Islanders gave up too much (Matt Moulson, a first-round pick, and a second-round pick) to get Thomas Vanek from the Sabres, this report from Sportsnet’s Chris Johnston may help explain things:

Sources tell sportsnet.ca that Buffalo has retained 19.5 percent of Vanek’s $6.4-million salary (plus the same portion of his $7.14-million cap hit), which helps explain why the Sabres received first- and second-round picks along with Moulson for Vanek.

New York is among the lowest spenders in the NHL and may have needed part of Vanek’s salary to be held back in order to remain under an internal budget.

Assuming the above information is accurate, the Sabres’ willingness to retain salary will end up saving the Isles around a million bucks. Not a ton of money, relatively speaking. But was it enough to convince the Isles to, say, throw in that second-rounder?

Related: What’s Garth Snow thinking?

  1. earpaniac - Oct 29, 2013 at 12:41 PM

    Wang strikes again! If that’s all it takes for them to throw in draft picks, I can’t wait to see what happens when he has to pay to keep his young, very good team together.

  2. shinkdew - Oct 29, 2013 at 2:30 PM

    I think you are missed what happened as Tavares, Bailey, Okposo, Grabner, Hamonic and Neilsen already signed long term deals.

  3. newyorkislanderfancentral - Oct 29, 2013 at 3:19 PM

    The Islanders still added over a million dollars in salary even if this claim is true and it’s not the first trade Buffalo has done this way.

    Buffalo’s owner got a taxpayer funded development, Wang got Nassau County.

    Wang also made a full compliance buyout on DiPietro, like Florida he could have done the standard one if he wanted to so the cap hit would stay on books saving him money.

  4. leninthebuff - Oct 29, 2013 at 6:21 PM

    If Wang is that cheap how in the world do Islander fans expect him to sign Vanek?

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