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...