TSN TV Schedule TSN2 TV Schedule

Daly warns teams to play by the book with buyouts, trades

{eot}
TSN.ca Staff
6/26/2013 7:58:23 PM
Decrease Text SizeIncrease Text Size
Text Size

NHL Deputy Commissioner Bill Daly sent out a memo to all 30 teams this week, warning them to play by the book when it comes to buyouts and trades.

Daly's memo warned that any trade/buyout/re-acquire scenario would be deemed a circumvention of the collective bargaining agreement. The CBA prevents teams from re-signing players they've bought out for one year.

Earlier this week, The New York Post reported that the Tampa Bay Lightning and Toronto Maple Leafs had talked about a potential deal to send Vincent Lecavalier to Toronto, where the Leafs would get an asset out of that deal in exchange for using their financial might to absorb a buyout on Lecavalier's contract.

However, later on Wednesday Maple Leafs general manager Dave Nonis told TSN that he never spoke to the Lightning about Lecavalier.

The Post story speculated that after such a deal, Lecavalier could potentially re-sign with the Lightning at a cheaper rate as an unrestricted free agent. The deal would have gotten the Lightning out from under Lecavalier's $7.7 million salary cap hit. The 33-year-old has seven years and $45 million left on his contract. A buyout would pay him $30 million over 14 years.

Lecavalier signed an eleven-year, $85 million contract with the Lightning prior to the 2009-10 season.

Vincent Lecavalier (Photo: Scott Audette/NHLI via Getty Images)

zoom

(Photo: Scott Audette/NHLI via Getty Images)
Share This

Share This

Add to FacebookAdd to DiggAdd to FarkAdd to TwitterAdd to Stumble UponAdd to Reddit
Print this Story


Jets on TSN Radio 1290

TSN 1290 is the home for every Jets game with Dennis Beyak and Brian Munz providing Jets Reports.


Jets Ice Chips | Latest on the Jets


@
 | W 5-3 | Cormier: 2A | Hudler: 2pts

Blue Bombers on TSN Radio 1290

Bombers insiders Darrin Bauming and Gary Lawless cover the team for TSN 1290.


Bombers Hashmarks | Latest on the Bombers


 | Free Agency Tracker
 | Canadian College Draft
TSN TweetBox

Blue Jays on TSN 1290

TSN 1290 is the new Winnipeg radio home of the Toronto Blue Jays during the 2014 season.

TSN 1290 is on Facebook

Join the conversation on TSN 1290's Facebook page!

© 2014
All rights reserved.
Bell Media Television