Avs Buy Out Brad Stuart
On Monday, Avs GM Joe Sakic announced that the team will be buying out the final year of defenseman Brad Stuart’s contract. Brad Stuart was acquired from the San Jose Sharks on July 1, 2014 for 2nd and 6th rounds draft picks (which was later re-acquired from the Sharks a year later) and was subsequently signed to a 2 year contract extension.
A former 3rd overall pick, Stuart’s time in Colorado was nothing short of disaster. Acquired to be paired with Erik Johnson on the top pairing and to provide a veteran presence, Stuart failed to live up to expectations and ultimately fell down the depth chart and out of favor with coach Patrick Roy. In his 2nd and final season with the Avs, Stuart was scratched on many occasions and when he managed to crack the lineup only saw bottom pairing minutes. Stuart finished the 2015-16 playing in only 6 games before having season ending back surgery.
Since Stuart was signed after the age of 35, his buy out won’t see any kind of salary cap relief for the Avs. It will however save the Avs money in true salary.
The Colorado Avalanche announced Monday that they have tendered qualifying offers to forwards Nathan MacKinnon and Mikhail Grigorenko, defensemen Tyson Barrie and Duncan Siemens and goaltender Calvin Pickard.
What does this mean? For one, not qualifying these players would make them automatic unrestricted free agents on July 1 where every team in the league are free to bid on them. Also in the same token the Avs have matching rights if in the rare case of a predatory offer sheet from other teams.
The players who are tendered qualifying offers can accept the qualifying offer and sign a 1 year deal. Or, which is the case with Nathan MacKinnon and Tyson Barrie, will continue negotiating on a longer term deal worth more money.
The players the Avs didn’t choose to qualify can be seen as the bigger news. Avs didn’t qualify 10 players who will now become unrestricted free agents. Forwards Taylor Beck, Trevor Cheek, Dennis Everberg, Joey Hishon, Garrett Meurs and Borna Rendulic, defensmen Brandon Gormley and Gabriel Beaupre, and goaltenders Sami Aittokallio and Roman Will are no longer part of the Colorado Avalanche organization.