Thank you lord!
Islanders buying out Alexei Yashin's contract
June 6, 2007
AP - Jun 6, 9:57 am EDT
NEW YORK (AP) -- The New York Islanders are buying out the remaining four years on Alexei Yashin's 10-year contract in the first step of an offseason overhaul they hope will include re-signing Jason Blake and Ryan Smyth.
"It's going to make the team have a different look," coach Ted Nolan said of Yashin's departure in a conference call Wednesday. "Hopefully, we can work something out with (Blake and Smyth). We're trying to assemble a cohesive group here."
Yashin finished with 119 goals and 171 assists in 346 games with the Islanders, but struggled the past two seasons. He had 18 goals and 32 assists this season, when he missed 24 games with a sprained right knee. He was scoreless in the Islanders' five-game first-round playoff loss to the Buffalo Sabres.
"Unfortunately he got hurt and couldn't get back to where he was before. ... He couldn't get it going," Nolan said. "It'll be a nice fresh start for him and now we have to find someone to replace him."
General manager Garth Snow and Nolan wouldn't disclose the team's offseason strategy, but acknowledged that re-signing Blake, their leading scorer, and Smyth would be priorities.
"We'd love to have Ryan back," Nolan said. "We're going to do everything we can to keep him."
Smyth, who was acquired in a trade-deadline deal, and Blake can become unrestricted free agents on July 1.
Yashin came to the Islanders in a trade after the 2000-01 season. New York signed him to a 10-year contract worth $87.5 million. The four years left on the deal are worth $26.45 million. The Islanders can buy Yashin out by paying two-thirds of the remaining amount ($17.63 million) over the next eight years for a salary-cap hit of about $2.2 million per season.
Snow said the Islanders' decision was based on discussions among team officials and that Yashin was disappointed when he learned of the buyout Tuesday.
"From my time knowing Alexei as a teammate and as a general manager, I have learned that Alexei is nothing but a first-class individual," said Snow, who played with Yashin for four seasons before becoming the Islanders GM. "With him on the team, the Islanders made the playoffs four out of the last five seasons and I believe that we would not have been able to do that without him."
Yashin had his best season with the Islanders in 2001-02 when he scored 32 goals and had 43 assists in 78 games.
"I believe this is in the best interests of the team and player. ... " Nolan said. "Alexei will have the opportunity to pursue a fresh start and we'll look at options to fill his position."
Thank you lord!
The day they sign Smyth is the day I buy an Islanders smyth jersey. I don't believe it will happen though. My guess is the Isles offer him 6 mil a year and he signs with a Canadian team or Colorado for 5 mil a year. Canadians aren't greedy like americans. He'll go where he wants.
Originally Posted by Timmy-y-y-y
I really hope you are wrong. Yashin was soft. Resigning Smyth and Blake is the top priority.
My gut reaction is that no one will outbid the Isles for Smyth, it will be up to him whether he wants to stay.Originally Posted by petejet
Blake could go either way. It will depend on what other teams offer, I do feel
the Isles would let him go to a higher bidder.
Another one of Mike Milbury's brilliant moves goes by the books.
Mike Millbury....he had a 'Matt Millen' type run as GM over there for awhile... what a moron.Originally Posted by Jordy
All I can say is at least Millen has some class (after all, he's a PSU alum). Everytime Milbury opened his pie hole, something dumba** always seemed to come out.Originally Posted by Fishooked
He was also responsible for firing Peter Laviolette, right?Originally Posted by Jordy
Who then went on to win a Stanley Cup...
LOL. Yes. He's got a great resume. The list of gaffes is endless.Originally Posted by Fishooked
I would like to punch Milbury in the face and then run him over with my car. Resign Ryan and then try to sign Gomez. Let Blake walk, he is getting old.
Pretty much says it all there, doesn't it?Originally Posted by meatboy
Not as dumb as when you were talking about Bob Crane, saying you thought he had sex with men but wasn't gay. Remind me not to passs out around you.Originally Posted by Jordy
I must have really left an impression on you for you to follow me to the hockey board. You're all worked up over that? Wow. Who are you, President of the Society for the Preservation of Bob Crane's Image as a Heterosexual?Originally Posted by Timmy-y-y-y
Last edited by Jordy; 06-11-2007 at 08:47 AM.