Bruins buy out Peter Schaefer's contract
Fluto Shinzawa of the Boston Globe is reporting that the Bruins have bought out the contract of Peter Schaefer. The move will cost the Bruins $566,667 against the cap for the next two seasons.
Who does this move benefit? The only person that benefits from this deal is Jeremy Jacobs, who has a few extra million in his bank account now.
There are only three explanations for this move:
1. The organization (read: Jacobs family) got tired of paying $2.1 million for an AHL player.
2. Peter Schaefer was a complete cancer to the room down in Providence, so the organization didn't want him anywhere near their prospects.
3. Peter Chiarelli thinks that he has a chance of making the big club somewhere else and he wanted to give him an opportunity to revive his NHL career.
At any rate, Schaefer just got canned...
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good canning
This sounds like a cut your loses move to me. Getting $700k back each of the next 2 seaons is the win for the B’s. Getting the chance to play somewhere else is Schafers.
Open the roster spot for someone who fits the system and get whatever coin you can, it’s a good move for the Bs
Having him play down in Providence cost them $0 against the salary cap. Bad move.
by Stanley Cup of Chowder on Jul 1, 2009 11:15 AM EDT up reply actions 1 recs
Well sure, but that’s assuming he stays in Prov for the entire season, the minute he hits Boston so does the cap # doesn’t it?
So then what’s the benefit to the B’s of keeping him? He’s under performed to the point where he’s in providence, you can’t advance him without it affecting the cap, he’s holding a roster spot and thwarting ice time of developing players who you could advance, and he’s expensive.
But the Bruins are struggling to find cap space to sign FAs. I can’t see the logic in pissing away this money against the cap.
by Stanley Cup of Chowder on Jul 1, 2009 12:30 PM EDT up reply actions
Let him suck in Providence. At least wasn’t hurting the cap in Providence. Who cares if Jeremy Jacobs saves some coin.
by Stanley Cup of Chowder on Jul 1, 2009 7:03 PM EDT up reply actions
The only good counter-argument is if he’s interfering in the development of our prospects. (as you mention under 2) Totally worth it, then.
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by Cornelius Hardenbergh on Jul 2, 2009 11:17 AM EDT up reply actions
According Chiarelli it was reason #3.
by Stanley Cup of Chowder on Jul 2, 2009 12:16 PM EDT up reply actions

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