Carolina hurricanes have purchased Patrick Marleau after acquiring the progress from the Toronto Maple Leafs to a conditional first round of elections (2020) and a seventh round election (2020).
The deal was a pay dump of the leaves to cap space to rewrite several of its players including young star Mitch Marner.
#Canes bought out Patrick Marleau
Details »https://t.co/VDS0wno20m pic.twitter.com/GQ8hfL39tN
– Carolina Hurricanes ( @NHLCanes) June 27, 2019
According to CapFriendly, hurricanes receive no cap savings for the move when Marleau was on a 35-plus contract. The move will allow Marleau to become an unlimited free agent on July 1, if he chooses not to retire.
Carolina #Huricanes has made Patrick Marleau buyout official.
Since Marleau was on a 35+ contract, there are no cap hit savings from this buyout.
#Canes will have the following cap hit due to buyout:
2019-20: $ 6.25M
2020-21: $ 0https: //t.co/QKHgll0cJw https: //t.co/ LvRfRxSGp5
– CapFriendly (@CapFriendly) June 27, 2019
The hurricanes tried to convince Marleau to play for them. Ultimately, the hurricanes paid $ 6.25m. For a first round in 2020.
The day before, hurricanes Erik Haula took over the cash-strapped Vegas Golden Knights in exchange for forward Nicolas Roy and a conditional fifth round in 2021 NHL Draft.
During Marleau's five-day period with the hurricanes, he scored 0 goals, 0 assisted and had 0 points in 0 minutes on ice. Raneigh, NC – Don Waddell, President and General Manager of the National Hockey League's Carolina Hurricanes, announced today that the team has bought the rest of forward Patrick Marleau's contract.
Marleau, 39, was acquired by the hurricanes on June 22 along with Toronto's first round elections in 2020 NHL Draft and Toronto's seventh round elections in 2020 NHL Draft from Maple Leafs in exchange for Carolina's sixth round elections in the 2020 NHL draft. If Toronta's first round selection in 2020 NHL Draft is a top-10 election, the hurricanes will instead receive Toronto's first round selection in the NHL draft from 2021.
Headline photo: @c_marleau