Jun 17, 2014, 12:34 PM EDT
Action has picked up on Day 2 of the NHL’s compliance buyout window.
Leino, 30, recently wrapped the third of a six-year, $27 million deal that’s widely regarded as one of the NHL’s most onerous contracts. Signed by ex-GM Darcy Regier after shooting to prominence with the Flyers — when he found magic during the ’10 playoffs with Scott Hartnell and Daniel Briere, scoring 21 points in 19 games — Leino has been a colossal disappointment in Buffalo, scoring just 46 points in 137 games while missing 75 to a variety of injuries, healthy scratches and a suspension.
This year, Leino gained infamy by failing to score a single goal in 58 games, and only put 38 shots on goal.
Buffalo has yet to use either of its compliance buyouts — where the salary-cap charge is completely wiped clean, but the team must pay two-thirds of the remaining contract across twice the remaining term of the deal — opting to use a regular buyout, not a compliance, on Nathan Gerbe last summer.
Assuming nobody plucks Leino off waivers and the Sabres buy him out, they’ll be relieved of his $4.5 million cap hit over the next three seasons but will pay him $1.22 million per season until 2020.
Jul 1, 2015, 1:40 PM EDT
Former Jets forward scores a big-money deal.
Jul 1, 2015, 1:29 PM EDT
27-year-old never really panned out in Boston.
Jul 1, 2015, 1:22 PM EDT
Having already signed former Canuck Brad Richardson.
Jul 1, 2015, 1:11 PM EDT
Nice raise after playing for $700,000 in Pittsburgh last season.
Jul 1, 2015, 1:08 PM EDT
End of an era in Toronto. A premier goal-scoring winger heads to Pittsburgh.
Jul 1, 2015, 1:08 PM EDT
All the signings from what promises to be a busy day.
Jul 1, 2015, 1:07 PM EDT
Finnish forward coming off a strong first season in St. Louis.
Jul 1, 2015, 12:56 PM EDT
Jul 1, 2015, 12:54 PM EDT
Steve Mason has a new backup.
Jul 1, 2015, 12:48 PM EDT
One of the prized UFA d-men, off the market.
Jul 1, 2015, 12:46 PM EDT
Peter Chiarelli, making moves.
Jul 1, 2015, 12:32 PM EDT
Spent last year as Marc-Andre Fleury’s No. 2 in Pittsburgh.
Jul 1, 2015, 12:25 PM EDT
Will be expected to provide a steadying presence on Colorado’s blue line.
Jul 1, 2015, 12:23 PM EDT
Former Ranger gets a nice deal on the opening day of free agency.
Jul 1, 2015, 12:18 PM EDT
Big d-man sticks for one more year in the ‘Peg.
Jul 1, 2015, 12:12 PM EDT
Chuck Fletcher takes care of business early on July 1.
Jul 1, 2015, 12:11 PM EDT
Led all Vancouver d-men with 11 goals.
Jul 1, 2015, 11:51 AM EDT
“I really didn’t get any indications of anything negative in exit meetings.”
Jul 1, 2015, 11:41 AM EDT
One year, at $575,000.
Jul 1, 2015, 11:01 AM EDT
Once again it’s him, Jonas Hiller and Joni Ortio in goal.
- Blockbuster: Kessel traded to the Penguins 50
- PHT’s 2015 free agent frenzy tracker 26
- Oilers get Sekera for six years, closing in on Letestu 6
- Avalanche sign veteran d-man Beauchemin for three years 5
- Neely was ‘surprised’ that Hamilton didn’t want to sign with Bruins 12
- NHL, Coyotes deny report that team is moving to Vegas 32
- Report: Richards’ border incident involved oxycodone 63
- Trade: Bieksa headed to California — but it’s Anaheim, not San Jose 25
- Trade: Jackets land Saad, Anisimov and Dano headed to Chicago 91
- Hamilton signs six-year deal with Flames 19
- Trade: Flyers send Rinaldo to Bruins for 2017 third-rounder (105)
- Trade: Jackets land Saad, Anisimov and Dano headed to Chicago (91)
- Bypassing a buyout? Kings terminate Richards’ contract for ‘material breach’ (90)
- Trade: Flames land Dougie Hamilton for package of picks (75)
- Trade: Busy Bruins send Lucic to Kings (66)