Tim Kennedy Signs With New York Rangers
by Zachary Zielonka on Aug 30, 2010 7:24 PM EDT
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PrintThe Tim Kennedy saga has officially completed with Kennedy's signing with the New York Rangers Monday morning. The terms of the deal were a one-year, one-way deal for $550,000 which is a major discount for the Rangers.
This contract is a win for the Rangers due to the fact that they get a decent player for what amounts to the veteran's minimum and Kennedy does win with the contract because he got the one-way designation that he was looking for. While money was certainly left on the table, most of it was recouped by Kennedy and he can now reprove that he is worth $1 million.
This contract really tells us that the major issue between Kennedy and the Sabres wasn't actually the money. The Sabres were offering a $800,000 contract and Kennedy ended up settling for a few hundred thousand less. The one-way vs. two-way designation was the major sticking point between the two parties and led to the situation that occured.
That being said, it is now time to move on from the Kennedy saga and start to focus on the season ahead. The first time we will see Kennedy will be during the home opener on October 9th. It will be interesting to see the reception that he receives from the fans in attendance.
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Paul Hamilton said on Schopp and the Bulldog today that he “knows for a fact” and “I’m not speculating here, its fact” (quotes aren’t exact, but pretty close), that the last contract the Sabres offered Kennedy leading up to arbitration was a 800K one way contract….I’ll try to find the audio.
by bluecollarbuffalo on Aug 30, 2010 8:33 PM EDT reply actions
Well that would be odd. I could see if we offered $800,000/2-way and he wanted to take less to ensure he stayed in the NHL.
Where else would you rather be?
Somebody got some bad advice then.
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by Zachary Zielonka on Aug 30, 2010 9:19 PM EDT up reply actions
$800k and a one-way deal? Anyone who still has sympathy for how the Sabres treated him should have their head examined. Those still bitching have a blind-spot against management. Yes, I’m looking at you Bucky Gleason.
Ta,
Bucky’s been pretty fantastic in his Kennedy reporting. Now he’s saying Kennedy will make “$883,333” this season. Which is untrue. Kennedy’s total cap hit will be $883,333 between the Sabres and Rangers, but Buffalo only has to pay Kennedy $166,667 this year. So Kennedy is actually making $716,667 this year, or LESS than the Sabres’ offer. Well done there, sir.
And, if Paul Hamilton is correct, then it does look like the Sabres determined what their breaking point is. But it also means that the otherwise noble blue collar hometown boy who plays the right way, has a lot of upside and brings his lunchpail to work was trying to bleed the team he supposedly loved for every penny he could.
The Rangers don’t exactly have a track record for great signings. Still picking up other teams’ throwaways. TK is not ready for a one-way contract unless the team is really low on forwards. We’ll see how this pans out. Sure they didn’t waste money (can’t beat league minimum), but they may be wasting a roster spot (not that it would make a difference to the rags, they are wasting over half their roster spots IMO).
Sabres did offer a one-way contract
As commented above, Paul Hamilton reported on WGR 550 that the Sabres’ offer of 800k was in fact a one-way contract.
http://www.prosportsdaily.com/forums/showthread.php?t=528224
Kennedy really jobbed the Sabres, and the fans. At least we don’t have to listen to his whining anymore.
Could this be the typical Buffalo reaction to a former Sabre returning?
http://www.youtube.com/watch?v=SHoNWwhzh3M&feature=related
probably not.. but I still think it’s funny.
"The three important elements of hockey are: forecheck, backcheck and paycheck." - Gil Perreault
by FloridaBuffalo on Aug 31, 2010 12:41 PM EDT reply actions
They get the same amount of money if they play in the NHL or in the AHL.. As opposed to a 2 way contract which means when they send them down to the minors they get to pay them less.
"The three important elements of hockey are: forecheck, backcheck and paycheck." - Gil Perreault
by FloridaBuffalo on Aug 31, 2010 5:48 PM EDT up reply actions
ahh – makes sense – thanks!
I'm not sure we have the tools or the talent....
by J2 on Sep 2, 2010 3:56 PM EDT up reply actions
My biggest question is
Does this mean that Bucky will finally admit that he was wrong about TK being released due to the $? I mean come on Bucky, do you really think that Darcy would take all of this backlash and horrible PR over $200,000. I’ll be the first to admit that I wish TK could have stayed instead of some other players, but I trust Darcy in making the right choices to make this team a cup contender. Hopefully this year he can actually get a deadline deal that helps us instead of how the last few years have been.
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