Showing posts with label Islanders. Show all posts
Showing posts with label Islanders. Show all posts

Wednesday, June 6, 2007

Day-um

Goodbye human drain Alexei Yashin. The Islanders have bought out the remaining years of "franchise player" Yashin's contract. If you watched the Islanders in the playoffs, you might have had a hard time spotting Yashin, though he was on the ice.

The New York Islanders have bought out the remaining four years of center Alexei Yashin's 10-year, $87.5 million contract.

Yashin was owed $26.45 million on the deal. But under the NHL's collective bargaining agreement, the Islanders are allowed to pay two-thirds of the remainder -- $17.63 million -- over the next eight years to buy him out, reported Newsday, which first reported the move. The team will be charged $2.2 million per season against the salary cap for the buyout.