Thursday, July 08, 2010

Hurricanes Re-Sign Corvo

The Hurricanes continue to be active, even if it is only re-signing players these days. Unrestricted free agent defenseman Joe Corvo has decided to return to the Hurricanes for the 2011 and 2012 season, signing a 2-year deal on Wednesday worth $4.5 million in total, a $2.25 million cap hit each season. 

Corvo, 33, is regarded more as an offensive defenseman, one that is usually a fairly decent pick in a fantasy draft.  Unfortunately, a leg injury in December restricted his season to only 52 games and dropped his point totals a bit.  Corvo finished with only 6 goals and 12 assists, ranking him 100th among defensemen, a way down from the 38 points he picked up in 2009.  I would be looking for a bounce back from Corvo in 2011.

Salary CapThe Hurricanes have now lifted themselves above the salary cap floor, thanks to this new deal and their buyouts that are on the books.  I have the Hurricanes listed at 15 players at a cap hit of $45.1 million.  I'm also expecting the team to add more young players to their line-up, just to keep costs down.

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