Oct 29, 2013, 12:20 PM EDT
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?
- Mike Richards charged with possession of controlled substance 79
- Gio won’t go: Flames extend Giordano for six years, $40.5M 13
- Pens’ plan for now: Crosby starts as Kessel’s center 25
- O, Dear: Russia fined $85K for skipping Canadian anthem 28
- Kings ink Ehrhoff to a one-year, $1.5 million deal 27
- Quebec City, Vegas advance to final phase of NHL expansion process 50
- Here’s the full NHL 2015 preseason schedule, starting Sept. 20 5
- Wild assistant Sydor arrested for suspected drunk driving, child endangerment 30
- It’s Montreal Canadiens day at PHT 14
- Capitals’ biggest question: Is this finally the year? 32