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Sheng’s Daily: Vlasic/Karlsson Next Surprise Buyouts? UFA Driedger Wants What?

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In other San Jose Sharks news…

Terrific Fredrik Handemark interview by Uffe Bodin. (Hockeysverige)

Handemark has chosen to go to the KHL instead of giving it another year in North America. One choice quote from Handemark, who got just eight games with the San Jose Sharks, spending the rest of his time shuttling back and forth between the AHL and the taxi squad: “I’m quite convinced that if I had a regular season and longer time there, longer camp, and a few exhibition games, I would have made a bigger impression.”

Around the NHL…

Brent Sopel, member of the 2009-10 Chicago Blackhawks, “said almost every player and coach was aware of the allegations of sexual misconduct levelled by a former Blackhawks player against former video coach Brad Aldrich.” Current San Jose Sharks assistant coach John Madden was a member of that Chicago team. (TSN)

Michael Russo brings us inside the Wild’s stunning buyouts of Zach Parise and Ryan Suter. (The Athletic)

This begs the question: If Minnesota could shock the hockey world and buy out both Parise and Suter, could the San Jose Sharks do the same and buy out Erik Karlsson and Marc-Edouard Vlasic this summer?

Sure — if Doug Wilson is interested in making history.

Last month, I wrote about when teams usually buy out contracts: “Per CapFriendly, there have been 122 non-compliance, 26-or-older buyouts since 2005-06.

“There have only been two cases of teams buying out veterans with four years left on their contracts: Kyle Turris in October 2020 and Alexei Yashin in June 2007. Four years is the longest remaining term on a non-compliance buyout in NHL history…

“Trailing that, there have been just nine examples of organizations buying out players with three seasons to go on their deals…

“The rest of the buyouts — 111 of them — have been with two years or less left on contracts.”

When’s It Realistic for Sharks to Buy Out Big Contracts? | SJHN+

Four years is the longest remaining term on a non-compliance buyout in NHL history — and in one stroke, Wild GM Bill Guerin doubled that total.

However, Vlasic has five years left at $7 million dollars per and Karlsson has six years left at $11.5 million per. I doubt Wilson is looking to be the first GM in NHL history to use a non-compliance buyout on a contract with more than four years left. But if Wilson is so bold, here’s what buyout penalties for Vlasic and Karlsson will look like over the next decade or so, according to Puckpedia:

KarlssonCAP HITSAVINGSVlasicCAP HITSAVINGS
2021-22$7,861,111$3,638,8892021-22$1,583,333$5,416,667
2022-23$11,361,111$138,8892022-23$3,833,333$3,166,667
2023-24$2,861,111$8,638,8892023-24$1,583,333$5,416,667
2024-25$3,361,111$8,138,8892024-25$4,333,333$2,666,667
2025-26$9,361,111$2,138,8892025-26$5,333,333$1,666,667
2026-27$11,861,111-$361,1112026-27$1,833,333-$1,833,333
2027-28$1,861,111-$1,861,1112027-28$1,833,333-$1,833,333
2028-29$1,861,111-$1,861,1112028-29$1,833,333-$1,833,333
2029-30$1,861,111-$1,861,1112029-30$1,833,333-$1,833,333
2030-31$1,861,111-$1,861,1112030-31$1,833,333-$1,833,333
2031-32$1,861,111-$1,861,111
2032-33$1,861,111-$1,861,111

Pekka Rinne retires as a Pred — what was his finest moment at Bridgestone Arena? (On the Forecheck)

The NHL plans for the return of an 82-game schedule and previous divisions next season. (NHL)

Pierre LeBrun thinks there are “half a dozen teams with serious interest” in Chris Driedger at a price tag “closer to $3.5 million a year.” (TSN)

Dominique Ducharme will return behind the Montreal bench, now the Canadiens are focused on re-signing Phillip Danault. (Sportsnet)

Would Ryan Suter make sense for the Avs? If they lose Ryan Graves and/or Erik Johnson, yes

Would Capitals Consider Signing Suter After Wild Buyout?

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New York Islanders Actively Shopping Players to Free Up Cap Space

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Mike McKenna Shocker: Popular VGK Analyst Will Not Return

Confirmed: Kampfer Leaving Boston Bruins For The KHL

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Edward

I agree he probably wont, but the Vlasic one is just correct right now. The last two years of the contract don’t get a lot of savings, but will he be better than the 1.6M or 2.6M that would take his place in that spot? Almost certainly not, so at that point a buyout is just what you do. So then, all waiting does is decrease the number of years where you get the huge 5.4M or 3.1M savings that you can get now. If you assume you would use the buyout eventually, then you realize that sooner is just… Read more »

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