Just a little bit.
Rutherford went the trade route, but the move was not without question. Penguin dealt Nick Bjugstad to the Minnesota Wild and withdrew 50% of Bjugstad’s salary ($ 2.05 million), which means the Penguins saved $ 2.05 million this season and have $ 2.05 million in dead money.
In layman terms, the Penguins have an additional $ 2 million to spend, but will collide with an on-ice salary of $ 79.5 million, two million less than the salary cap.
The choice of the Penguins with Bjugstad was a purchase. According to CapFriendly.com, a buyer would have given the Penguins an additional $ 3.5 million salary-cap space this season, in exchange for $ 1.75 million in dead people’s money next season.
It is highly likely that by next season both Sam Palin and PO Joseph will be on the Penguins lineup and entry-level deals, which cost less than $ 1 million.
Rutherford chose the trade route and took a big hit, but to get it.
First, the Penguins trade raises the possibility that Patrick Hornkvist can and will remain with the Pittsburgh Penguins.
Now, the Penguins have about $ 8.9 million to spend on RFIS Tristan Zari, Jared McCann, Dominic Simon, Sam Lafferty and others. The first three have arbitration rights, so the Penguins are not in total control of the pay process.
HN has estimated, based on recent cases and contracts, the value of Jared McCann at close to $ 3 million. We see Tristan Zari in the same range, although perhaps a touch more expensive as an All-Star starting goalkeeper.
For round number, let’s say the Penguins would spend about $ 6.5 million for Jari and McCann, leaving them with $ 2.4 million. Let’s put $ 800,000 in the piggy bank, so the penguins have an emergency pillow in case they don’t kill the injury bugs lurking in the PPG Paints Arena.
So, the Penguins are playing with $ 1.6 million. It would be tight, but it should be enough to sign Simon and Lafferty, give or take one hundred and two thousand.
Without Bjugstad, the situation would likely force head coach Mike Sullivan to center McCain. It is not ideal for the player or team, but it is the name of the game due to the epidemic.
The Penguins Zach Aston-Reese will also debut the season on LTIR, looking at the season starting in December. Technically the Penguins have a few extra dollars, while Aston-Reese retrieves. Simon had surgery in late April and would not be ready until December or January.
The Penguins will have to decide if they will offer Simon a qualifying offer. He is arbitrator-eligible, which is bad news, but Qo will only be $ 825,000, which is good news. If Simon rejects his qualifier, the Penguins can go ahead and repurchase that money.
However, until the Penguins and Simon participate, the team will actually pay a few more dollars to do so, as Aston-Reese and possibly Simon will be transferred to LTIR. Because both players will be ready at the beginning of the season, or at the beginning of the season, the Penguins cannot actually spend the cash that will be available.
Matt Murray is likely to go beyond the Penguins trade, but for now, the Penguin lines look like this:
Simon / Lafferty-McCann-Hornqvist
Of course, Pollin could have paved his way into the Penguins lineup. Penguin and Rutherford of course hope Polin is ready. Unfortunately, COVID-19’s secondary exposure cost Pauline the most at the July training camp, but Palin played in two scramges. He did not dominate, but showed well that PHN gave a good grade for his second performance.
Pollin’s salary would be around $ 894k, so the Penguins could bank on Pullin’s arrival and cut ties with Simon as well. Anthony Angelo and Thomas Di Pauly filled well this season at the NHL level; They can be counted for depth positions.
The Rutherford deal may not have saved the Penguins possibly the most money, but it did add a bit of breathing room. Maybe that’s enough.