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NHL Rumors

NHL Rumors: Would the Carolina Hurricanes Consider Buying Out Jesperi Kotkaniemi?

Mark Easson 05/22/2024
3 Min Read
Jesperi Kotkaniemi has six years left on his contract. A Kotkaniemi buyout would save the Carolina Hurricanes $20 million.
Feb 27, 2024; Saint Paul, Minnesota, USA; Carolina Hurricanes center Jesperi Kotkaniemi (82) shoots as Minnesota Wild defenseman Dakota Mermis (6) defends during the first period at Xcel Energy Center. Mandatory Credit: Matt Krohn-USA TODAY Sports
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Sportsnet: Elliotte Friedman on the 32 Thoughts: The Podcast – Whale Team Good episode on if the Carolina Hurricanes would consider buying out forward Jesperi Kotkaniemi.

** NHLRumors.com transcription

“The other thing I was thinking Jeff, is, is there any way they buy out (Jesperi) Kotkaniemi? He’s 23 years old. So it’s a 1/3 buyout, and it would save them $20 million.

Now he’s got six years left on his contract, which means it would be 12 years on the cap, but it’s only $835,000 because it’s not bonuses. So there is a financial, like I said it saves them $20 million. So there is a financial reason for them to do it.

NHL Rumors: The Carolina Hurricanes and Their Unrestricted Free Agents

You know if you look at his ice time during the playoffs, his largest minutes per game was 18:14. That was in the two overtime game, the double overtime game against the Islanders. In Game 6 he was at 10:51. The last seven games he’s only got three over 10 minutes and never hit 11.

So at the very least, that’s something they’re going to have to ask themselves. Now maybe they think he’s still a growing player and they can get more out of them. That’s a reason not to do it.

But the one thing is, I think there were some organizations who would say look, we sign this guy to an offer sheet. We have to keep going through with it. I don’t believe Carolina is one of those teams. I think Carolina would make the decision based purely on what’s better for their organization. And we’ll cut our losses if we have to.

And the fact that the buyout is 1/3 and then it’s structured the way it is, there’s real financial incentive to do it.

LA, (Pierre-Luc) Dubois had a lot of bonuses. It wasn’t the same. They came right out and said they weren’t going to do it. I don’t know, I really wonder if Carolina considers this.”

NHL Rumors: The Carolina Hurricanes Top Priorities

Year Base Salary Cap Hit Buyout Cost Savings Cap Hit (CAR)
2024-25 $4,820,000 $4,820,000 $835,000 $3,985,000 $835,000
2025-26 $4,820,000 $4,820,000 $835,000 $3,985,000 $835,000
2026-27 $4,820,000 $4,820,000 $835,000 $3,985,000 $835,000
2027-28 $5,200,000 $4,820,000 $835,000 $4,365,000 $455,000
2028-29 $5,200,000 $4,820,000 $835,000 $4,365,000 $455,000
2029-30 $5,200,000 $4,820,000 $835,000 $4,365,000 $455,000
2030-31 $0 $0 $835,000 -$835,000 $835,000
2031-32 $0 $0 $835,000 -$835,000 $835,000
2032-33 $0 $0 $835,000 -$835,000 $835,000
2033-34 $0 $0 $835,000 -$835,000 $835,000
2034-35 $0 $0 $835,000 -$835,000 $835,000
2035-36 $0 $0 $835,000 -$835,000 $835,000
TOTAL $30,060,000 $28,920,000 $10,020,000 $20,040,000 $8,880,000

* Numbers from CapFriendly

 

 

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TAGGED:Carolina HurricanesJesperi Kotkaniemi

Offer Sheet Compensation

<$1.54M no comp
$1.54M – $2.34M: 3rd
$2.34M – $4.68M: 2nd
$4.68M – $7.02M: 1st, 3rd
$7.02M – $9.36M: 1st, 2nd, 3rd
$9.36M – $11.7M: 1st, 1st, 2nd, 3rd
$11.7M+: 1st, 1st, 1st, 1st,

2024-25 Critical Dates

June 1-7: NHL Scouting Combine (Buffalo, NY)
June 20th: Last possible day for the Stanley Cup Final
June 27th-28th: 2025 NHL Draft
July 1st: Start of free agency

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