NHL News: Tax Implications, Coyotes, Sabres, Blue Jackets, Blackhawks, Penguins and Capitals

The Colorado Avalanche officially buyout defenseman Brooks Orpik
On Tax Implications …

Gord Miller: An agent’s response to TSN’s piece on tax implications for different states and US/Canada: “The tax differences are important to a lot of players. Even though being paid US$ in Canada equalizes it somewhat, a Canadian player who plays in a low tax state and spends summers in Canada can also take advantage of the currency difference.”

On the Arizona Coyotes …

Craig Morgan of Arizona Sports: The Coyotes and defenseman Kevin Connauton agreed on a two-year $2.75 million deal. He’ll make $1.25 million and $1.5 million.

The Coyotes now have their top-six defensemen under contract: Connauton, Oliver Ekman-Larsson, Alex Goligoski, Niklas Hjalmarsson, Jason Demers and Jakob Chychrun.s

On the Buffalo Sabers – Pittsburgh Penguins trade …

Darren Dreger:  The conditional 4th round pick will become a 3rd round pick if Conor Sheary scores 20 goals or records 40 points, or if the Sabres trade defenseman Matt Hunwick before the 2019 NHL draft.

On the Colorado Avalanche …

Mike Chambers: The Avs buyout of Brooks Orpik is now complete. The Avs will have a salary cap hit $2.5 million this season, and $1.5 million the following year. Total payout is $3 million as his salary was $4.5 million compared to his $5.5 cap hit.

On the Columbus Blue Jackets and Chicago Blackhawks …

Chicago Blackhawks: The Blackhawks acquire forward Jordan Schroeder from the Blue Jackets for goaltender Jean-Francois Berube.

On the Pittsburgh Penguins …

Pittsburgh Penguins: The Penguins have re-signed forward Riley Sheahan to a one-year deal with a cap hit of $2.1 million

On the Washington Capitals …

Bob McKenzie: The Capitals and Devante Smith-Pelly agree on a one-year, $1 million deal.

Pierre LeBrun: It’s believed that Smith-Pelly turned down larger offers from two teams as he wanted to stay with the Capitals and knew they were tight against the cap.

 

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