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Scott Hannan too.
I'm quite surprised, and incredibly pleased.
Scott Hannan too.
I'm quite surprised, and incredibly pleased.
We just signed Briere!
The Edmonton Oilers made a huge splash in the restricted free agent pool, and the Buffalo Sabres were quick to calm the waters.
The Oilers signed forward Thomas Vanek to a seven-year, $50 million offer sheet, a signing that carried a price tag of four first round picks. Sabres general manager Darcy Regier called a media conference on Friday afternoon to announce that the team would match the offer.
The deal will pay Vanek $5 million in the first two seasons, and $6.4 million in each of the following five seasons. The contract will also pay him a $5 million and $3 million signing bonus in the first two years.
Vanek, drafted fifth overall by Buffalo in 2003, made $942,000 US last season. The native of Austria finished fifth in the league in goals with 43 and 19th in points with 84 in only his second NHL campaign. In two seasons with the Sabres, Vanek has registered 68 goals and 64 assists in 163 career games.
He has also accumulated eight goals and four assists in 26 career playoff games.
The Vanek signing marks the second time in as many years that a team has tried to land another club's restricted free agent. Last year, the Philadelphia Flyers offered Ryan Kesler a $1.9 million US deal that was easily matched by the Vancouver Canucks.
It has been a tough off-season for the Sabres, who have already lost forwards Chris Drury, Daniel Briere and Dainus Zubrus, all of whom were unrestricted free agents. Drury signed a $35.25-million, five-year deal with the New York Rangers, Briere signed a $52-million, eight-year contract with Philadelphia while the New Jersey Devils signed Zubrus to a $20.4-million, six-year deal.
Oilers sign Vanek to offer, Sabres match
This would've been the move to make if Drury or Briere had signed but with both of them gone I didn't see Buffalo parting ways and accepting four first rounders. Still Vanek could end up a bust. Oilers are trying.
vanek a bust? are you serious? do you watch hockey?
you are comparing richards to vanek? first of all richards is much, much older. vanek is in his 3rd year going to dominate for years to come. sorry but i dont trust your fantasy hockey league smarts.
In a radio interview in Buffalo, the Austrian-born Vanek was excited to remain in Buffalo and eager to play up to the expectations that come with his new contract.
"I left Austria when I was 14 years old, and my dream wasn't to sign a $50 million contract," Vanek said. "My dream was to play in the NHL and be one of the best players and win a Stanley Cup and that's still the main goal. Money's not going to buy you a Stanley Cup ... I'm ready to prove myself even more than I did last year."
The Oilers move was not unprecedented, but still considered a bold one in how much the team was willing to spend knowing the Sabres had the right to match.
The Sabres retained Vanek's rights by issuing him a qualifying offer last month, but the player -- as a Group 2 free agent -- was open to negotiating other deals. Had the Sabres not matched Edmonton's offer, the Oilers would have had to give up four first-round draft picks to Buffalo as compensation.
Draft pick compensation is based on the offer's average annual salary. Four first-round picks is the maximum compensation, required for any team that makes an offer of more than $5 million a year.
Vanek, who made $942,400 last season in the final year of his rookie contract, will make $10 million next season, including a $5 million signing bonus. He'll make $8 million in 2008-09, including a $3 million bonus, and then $6.4 million in each of the final five years of the deal.
The Sabres had every intention of retaining Vanek, particularly when they were still stinging after losing both co-captains on Sunday, when Briere signed with Philadelphia and Drury with the New York Rangers.
Learning of the Oilers' interest in Vanek on Thursday, the Sabres went as far as to warn Lowe that any offer he made would be matched.
"I suppose you have to assume they thought we were bluffing," Regier said. "What this amounted to was an exercise in futility."
Warnings aside, Lowe was confident the Oilers had a good chance to land Vanek.
"This wasn't a publicity stunt by any stretch," Lowe said. "We had our reasons internally that we thought it might work."
NHL Sources: Game At The Ralph?
Nick Mendola - Tuesday, July 10, 2007 - 5:55 AM
(WGR 550) - Multiple NHL sources have told WGR that the Sabres are in line for a potential New Year's Day game at Ralph Wilson Stadium.
Another source, the Pittsburgh Tribune-Review reports that the Penguins have agreed to be the visiting team for such a contest, with Buffalo and Detroit as possible homes. It's also reporting that NBC is tentatively calling the event, "The Ice Bowl."
I think the Wings need to be moved East, and the Pens should go to KC. I was so damn tired of staying up until 12-1 AM everytime the Wings played away playoff games
dont you dare say that about the pens. first of all kansas does not deserve hockey, and we fought so hard to make a deal work here.
if you notice those 'notable dates' over half involve the great one sid the kid.
and no way will the outdoor game bring any i mean ANY fans to hockey, its being played on january 1st, which if you watch college football, is a GINORMOUS (like that new word eh?) day for bowl games. no way will they be able to pull anyone away, however i will certainly be watching any/all sports.
The trouble is most of the teams are in the eastern or central time zones. Maybe dividing conferences as north and south instead, so that all teams have a more equitable travel schedule is a better solution.
watch the alumni game? you are psycho... those football games are all day, not just prime time, all day. and did you happen to research that little deal? theres backhanded dealings in congress and once that ass clown in philly gave the deal (gambling deal) to someone who would pay for the arena in installments over years, instead of now like two other suitors were promising, people started to see they had to do something. and it just so happened we went on that 16 game scoring streak, so it worked out well for all.