The day Buffalo Sabres fans have waited for has finally arrived. News broke today that Ville Leino has been placed on waivers for the purpose of a compliance buy-out. The Leino contract may go down as the worst deal in Sabres history, or it may just be forgotten either ways Sabres fans are a little happier today.
Leino was only half way through a six year contract that carried a cap hit of $4.5 Million a year, and for their money the Buffalo Sabres only got 10 goals in return. Leino was really a one hit wonder, who got hot at the right time. Leino contract was a way for Terry Pegula to show the fans he will spend.
When Pegula came with his billions of dollars and extreme love for the Sabres as a fan, the optimism was extremely high that championship days were ahead. The problem was that it was followed by a summer where there were no big-splash free agents that they could start building that championship team. [CBS Sports]
If Leino clears waivers, and after the past three seasons I can’t see why he wont; the Sabres can then execute the buy-out. In this case the Sabres would only be on the hook for under $2 Million until 2020. Cap Geek has broken down the buy out structure for our viewing pleasure.
- 2014-15: $1,722,222
- 2015-16: $2,222,222
- 2016-17: $2,222,222
- 2017-18: $1,222,222
- 2018-19: $1,222,222
- 2019-20: $1,222,222
The NHL may no longer be home for Ville, his effort over the past 137 GP has shown his heart is no longer NHL worthy. I’ve heard it’s the surrounding players, and it’s coaching. But, after three season and 10 goals it’s all the player.