Jun 29, 2014, 10:31 AM EDT
Buffalo Sabres GM Tim Murray is pulling out all the stops to make his mark.
Ehrhoff, 31, signed a 10-year, $40 million deal with Buffalo in 2011, the same summer they signed forward Ville Leino to a six-year, $27 million deal. The Sabres used their first compliance buyout on Leino on June 18.
Update (3:45 p.m. ET): Sabres make it official – they’ve used a compliance buyout on Ehrhoff.
While buying out Leino was expected, the Ehrhoff move came out of nowhere. Two seasons ago he was Buffalo’s top blue liner and defensive point producer. This past season he struggled a bit scoring six goals and adding 27 assists for a Sabres team that was worst in the league.
While Ehrhoff’s play was mostly fine, Ehrhoff was subject to the league’s cap recapture penalty if his career ended before the contract was up. That means the Sabres would’ve been punished against the salary cap in a big way if he was out of hockey before the 2020-21 season when the deal ended. CapGeek.com has different ways it could’ve broke down.
The buyout is a compliance buyout and his $4 million cap hit won’t be on the books, but the Sabres will be paying him $12 million until 2027-28.
Ehrhoff will now be free to be signed as a free agent on July 1 and he’ll have no shortage of suitors. He’s capable of running a power play and playing big minutes. He’ll compete with Pittsburgh’s Matt Niskanen for big free agent dollars.
- Cashing in: Rangers sign Brassard to five-year, $25 million deal 38
- Subban not eager to discuss contract talks 33
- Leafs re-sign Reimer — two years, $4.6 million 21
- Gorges still can’t explain falling out of favor in Montreal 13
- Eller, Habs agree to four-year, $14 million contract 10
- Cory Sarich hospitalized following cycling accident, expects ‘full recovery’ 7
- Stamkos shrugs off talk of LeBron-like homecoming to Toronto in 2016 31
- Avs and O’Reilly agree on two-year deal, but questions remain 45
- Rangers and Kreider avoid arbitration, agree on two-year deal 39
- Zuccarello takes Rangers’ one year, $3.5M deal 42
- NBC Sports to air over 100 NHL regular-season games in 2014-15 (69)
- Vanek connected to federal gambling investigation (61)
- Report: O’Reilly wants $6.7M deal, Avs counter at $5.5M (58)
- Return that toaster: Ovechkin-Kirilenko engagement broken off (54)
- Avs and O’Reilly agree on two-year deal, but questions remain (45)