Sunday, August 01, 2010

Islanders Buyout Witt

The Islanders placed veteran defenseman Brendan Witt on unconditional waivers on Friday morning, with the intention of buying out the final year of his deal, which has a cap hit of $3 million. Witt cleared waivers on Saturday afternoon and the Islanders pulled the trigger on the buyout on Sunday, making the 35-year old defenseman an unrestricted free agent.

BRENDAN WITT BUYOUT FROM CAPGEEK.COM
2010-2011: $1,333,333
2011-2012: $833,333

The Islanders are obviously not hurting for cap space, since they are among the bottom teams, all below the cap floor, at the moment. Rather, I would assume that they were trying to deal Witt through the early part of the off-season, but no one would take on the cap hit for a 35-year old defender, who only played in 42 games last season.

No comments: