Khabibulin clears waivers

[REDHASEK 0]

Detroit should pick him up. They need a goalie to replace Dominik Hasek anyways.

They should trade or put one of there goalies on wavies. To make room for The Wall.

Red Wings Should get him. I know we have no more Cap space left.

Edited September 30, 2008 by REDHASEK

[Zion 93]

Red Wings Should get him.

No, they shouldn't.

I know we have no more Cap space left.

Then you should know better.

[Hockeytown0001 7,652]

LA Kings? Are you listening? Maybe even a team like Nashville with 1 year wonder Dan Ellis needs a veteren presence.

[MacK_Attack 108]

He cleared

[toby91_ca 620]

Doesn't LA need to pick up about $8-9 million in salaries? Granted, their roster currently only includes 16 players (based on the one I'm looking at.

[Grim 5]

sorry if i'm daft, but I don't get the logic behind reentry waivers...

does this mean the Blackhawks can send Khabbibulin to the AHL and save 50% of his cap hit??

[Opie 308]

sorry if i'm daft, but I don't get the logic behind reentry waivers...

does this mean the Blackhawks can send Khabbibulin to the AHL and save 50% of his cap hit??

Nope, if he is picked up by another team they eat half of his cap hit. I believe NN or NFM25 or others will correct me if I am wrong some people on here have a wicked understanding of the CBA, not me!

[Konnan511 1,736]

Nope, if he is picked up by another team they eat half of his cap hit. I believe NN or NFM25 or others will correct me if I am wrong some people on here have a wicked understanding of the CBA, not me!

Since Bulin clleared waivers he can be sent to the AHL. If the Hawks' want to recall him he is put on re-entry waivers. At this time a team can claim him and only have to pay half of his salary while the Hawks' need to pay the other half.

Since Bulin is on a 1-way contract, his whole salary counts against the cap whether he is in the minors or not during the offseason due to the 10% rule, but during the season if he is still in the AHL his contract does not count against the cap, but the Hawks' pay that full amount still.

Edited September 30, 2008 by Konnan511

[Opie 308]

Since Bulin clleared waivers he can be sent to the AHL. If the Hawks' want to recall him he is put on re-entry waivers. At this time a team can claim him and only have to pay half of his salary while the Hawks' need to pay the other half.

Since Bulin is on a 1-way contract, his whole salary counts against the cap whether he is in the minors or not during the offseason due to the 10% rule, but during the season if he is still in the AHL his contract does not count against the cap, but the Hawks' pay that full amount still.

I forgot about the under 35 at time of contract signing means being in the AHL his salary would not count! Good catch!!

[40#1Fan 0]

http://www.sportsnet.ca/hockey/2008/10/02/khabibulin_khl/

'Hawks looking to loan Khabibulin to KHL

Chicago Blackhawks goalie Nikolai Khabibulin could be headed to Russia after clearing waivers earlier this week.

In order to shed payroll, the Blackhawks are to prepared to loan their high-priced former all-star to a club in the Continental Hockey League (KHL), Sportsnet has learned.

If a deal is reached, Chicago could knock the value of the final year on Khabibulin's contract, worth US$6.75 million, off their salary cap. Furthermore, the NHL team could have most if not all of the remaining salary paid by the borrowing club.

Sources say negotiations are ongoing and it has not been determined which KHL team would end up with his services. The inside track may belong to HC Dinamo Minsk in Belarus where it's believed Khabibulin has family.

Chicago placed Khabibulin on waivers on Monday, but no NHL team was interested in picking him up with the amount owed on his current contract.

Entering the final season of a $27-million, four-year deal, Khabibulin joined the Blackhawks from Tampa Bay as a free agent in 2004 after leading the Lightning to the Stanley Cup. But Chicago signed Cristobal Huet for four years as a free agent this off-season, making Khabibulin expendable.

[Hockeytown0001 7,652]

http://www.sportsnet.ca/hockey/2008/10/02/khabibulin_khl/

'Hawks looking to loan Khabibulin to KHL

Chicago Blackhawks goalie Nikolai Khabibulin could be headed to Russia after clearing waivers earlier this week.

In order to shed payroll, the Blackhawks are to prepared to loan their high-priced former all-star to a club in the Continental Hockey League (KHL), Sportsnet has learned.

If a deal is reached, Chicago could knock the value of the final year on Khabibulin's contract, worth US$6.75 million, off their salary cap. Furthermore, the NHL team could have most if not all of the remaining salary paid by the borrowing club.

Sources say negotiations are ongoing and it has not been determined which KHL team would end up with his services. The inside track may belong to HC Dinamo Minsk in Belarus where it's believed Khabibulin has family.

Chicago placed Khabibulin on waivers on Monday, but no NHL team was interested in picking him up with the amount owed on his current contract.

Entering the final season of a $27-million, four-year deal, Khabibulin joined the Blackhawks from Tampa Bay as a free agent in 2004 after leading the Lightning to the Stanley Cup. But Chicago signed Cristobal Huet for four years as a free agent this off-season, making Khabibulin expendable.

This move would make sense. Chicago won't have to pay his final year of salary, Khabby is a native Russian, and has family in that area.

[miller76 463]

cbc is reporting that Chicago is going to retain Khabibulin after all.

http://www.cbc.ca/sports/hockey/story/2008...khabibulin.html

[miller76 463]

nevermind

Edited October 8, 2008 by miller76

[Z and D for the C 712]

"Chicago could knock the value of the final year on Khabibulin's contract, worth US$6.75 million"

He is making 6.75 million a year?

[YoungGuns1340 1]

This is interesting. So basically, they're going to keep him on the roster, let the days gone by eat up some of his salary, and then either trade him to a team desperate for a goaltender (due to injury or otherwise). The only thing is, they've had to demote Cam Barker as a result of retaining Khabibulin, so if they're aren't any takers for Bulin a few weeks into the season and they really want to bring Barker up, then they'll demote him and run the risk of having to recall him and expose him to re-entry waivers.

All in all, not a bad move by the Bhawks management. Problem is, Barker had a great second half last season and a good camp showing. It'll be a loss not to have him on the backend.

[miller76 463]

This is interesting. So basically, they're going to keep him on the roster, let the days gone by eat up some of his salary, and then either trade him to a team desperate for a goaltender (due to injury or otherwise). The only thing is, they've had to demote Cam Barker as a result of retaining Khabibulin, so if they're aren't any takers for Bulin a few weeks into the season and they really want to bring Barker up, then they'll demote him and run the risk of having to recall him and expose him to re-entry waivers.

All in all, not a bad move by the Bhawks management. Problem is, Barker had a great second half last season and a good camp showing. It'll be a loss not to have him on the backend.

I live out here in California, but on my commute home this evening, xm 204 was confirming players who were put on waivers, and players who were being sent down to their AHL affiliates. Cam Barker was said to be sent back down. But you are probably right, about a team that may have a goalie that goes down due to injury or flat out sucks. I always figured Ottawa or LA, the obvious places for him to be traded to.

Edited October 8, 2008 by miller76

[miller76 463]

I wouldn't be surprised to see him go maybe even at the deadline.