Schneider waived

Dawg's Wife wrote:
Here you go

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ARTICLE 13

WAIVER DRAFT

13.22. The Waiver Draft will be conducted each year within the seven (7) days, but not less than three (3) days, prior to the opening of the regular season, by telephone conference call at a date and time as determined by the Commissioner or in accordance with the critical date calendar agreed to by the NHL and NHLPA. The NHLPA shall participate as an observer in the Waiver Draft.

13.23. Protected lists of eighteen (18) skaters and two (2) goalkeepers are to be submitted to Central Registry preceding the conduct of the draft, at a date and time as determined by the Commissioner.

13.24. Exemptions: Exempt from claim are:


All players and goalkeepers who, in the opinion of the Commissioner, are on bona fide military service for their country at the time of the Waiver Draft.

A player on the Free Agent List who signs a contract with a team outside the NHL may be exempted from claim in the Waiver Draft at the election of the Club. If such player, having been so exempted, returns to play during the season, the Club will be required to place him, or some other player on the Protected List at the time of the last Waiver Draft, on waivers.

All players who qualify as set forth in Article 13.4 above.
13.25. All other players on Reserve Lists (including players on Free Agent List) are offered on waivers with Clubs having right to claim based upon order of the last Entry Draft, without regard to the results of the Lottery and trades. Non-playoff Clubs shall claim for one round exclusively. In the second round and thereafter all Clubs may claim. Claim of a player from the Free Agent List transfers to the claiming Club whatever rights to equalization compensation were held by the Club from which the draft claim was made. No Club may claim a player from the Reserve List of a Club in its own division in the first round. "Playoff Club" and "non-playoff Club" as used in this Section relates to whether a Club participated in the immediately preceding playoffs

Dawg's Wife wrote:

504Heater wrote:
I don't understand. When can we find confirmation of this Wife of Dawg?

Hehe whether I exist or not...

I assure you I am real, and I am a real hockey wife...not a puck bunny. I'm at all hockey games, and right now trying to con my parents into watching the kids, so my girlfriends and I can go on the Bingo trip.

rooneypoo wrote:Ah, so they waived him, he went unclaimed, and then PIT, in an effort to save some cash (Recchi being over 35 at the time), brought him up through re-entry waivers and then ATL claimed him, yes? That is, he was never traded to anyone at any point, or signed to a new deal, right?

That makes sense. That definitely confirms, too, that ANA must either pay someone a draft/prospect to absorb the costs / cap hit of half of Schneider's salary, or bite the bullet and bring him through re-entry waivers themselves and get stuck with cost / cap hit themselves.

shabbs wrote:

rooneypoo wrote:Ah, so they waived him, he went unclaimed, and then PIT, in an effort to save some cash (Recchi being over 35 at the time), brought him up through re-entry waivers and then ATL claimed him, yes? That is, he was never traded to anyone at any point, or signed to a new deal, right?

That makes sense. That definitely confirms, too, that ANA must either pay someone a draft/prospect to absorb the costs / cap hit of half of Schneider's salary, or bite the bullet and bring him through re-entry waivers themselves and get stuck with cost / cap hit themselves.

I think any team that acquires him now via trade will have to bring him up through waivers anyway. This seems to be a really silly situation, unless the team that trades for him can guarantee that he clears waivers and can hold on to him, otherwise, they'd be on the hook for half his salary... that seems messed up.

So confusing...

EDIT: The only thing that really makes sense is that they'll now bring him back up through re-entry and he'll get picked up. I guess Burke realized there was no market for him with his huge salary and they'd have to eat half of it since they can't buy him out. They're just cutting their losses based on the situation.

PKC wrote:I feel like I have a headache after reading all that CBA legalese. I just don't see why all the teams in the NHL would pass on Schneider on the first pass of waivers, but then agree to trade for him and acquire a pick as well. I still remain of the opinion that the only way Burke's getting Schneider off of his roster is through re-entry waivers and claiming half the salary.

Which would be really fitting since he's big into amending the CBA to include a clause about being able to retain a certain portion of the player's cap hit to facilitate trades.

504Heater wrote:
:D Quite true...quite true.

He's gonna have to entice someone somehow. I don't think he wants to eat half of that salary.

Kuba, McAmmond, Gerber

for

Hiller, Schneider, Moen and a 3rd

504Heater wrote:

PKC wrote:I feel like I have a headache after reading all that CBA legalese. I just don't see why all the teams in the NHL would pass on Schneider on the first pass of waivers, but then agree to trade for him and acquire a pick as well. I still remain of the opinion that the only way Burke's getting Schneider off of his roster is through re-entry waivers and claiming half the salary.

Which would be really fitting since he's big into amending the CBA to include a clause about being able to retain a certain portion of the player's cap hit to facilitate trades.

:D Quite true...quite true.

He's gonna have to entice someone somehow. I don't think he wants to eat half of that salary.

Kuba, McAmmond, Gerber

for

Hiller, Schneider, Moen and a 3rd

http://www.tsn.ca/nhl/teams/players/bio/?id=6070&hubname=nhl-ducks

http://www.tsn.ca/nhl/teams/players/bio/?id=2669&hubname=nhl-ducks

PKC wrote:I feel like I have a headache after reading all that CBA legalese. I just don't see why all the teams in the NHL would pass on Schneider on the first pass of waivers, but then agree to trade for him and acquire a pick as well. I still remain of the opinion that the only way Burke's getting Schneider off of his roster is through re-entry waivers and claiming half the salary.

Which would be really fitting since he's big into amending the CBA to include a clause about being able to retain a certain portion of the player's cap hit to facilitate trades.

cash wrote:Doesn't really help their cap issues, though...
Kuba+Gerber = Schneider+Moen
Hiller = McAmmond