06-25-2014, 05:51 AM
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Some kinda newsbreaker!
Join Date: May 2004
Location: Learning Phaneufs skating style
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Lightning to compliance buyout Ryan Malone
http://www.tampabay.com/blogs/lightn...malone/2185880
Quote:
he Lightning has initiated the compliance buyout process for veteran wing Ryan Malone, the Times has learned.
Tampa Bay had one more buyout available, having used one on former captain Vinny Lecavalier last summer. A buyout of Malone will save the Lightning a $4.5 million cap hit by spreading two-thirds of his $2.5 milllion salary ($1.67 million) evenly over two years.
The move creates more cap flexibility with free agency period opening on July 1st.
There were several reasons the Lightning considered buying out Malone, who was heading into the final year of a seven-year, $31.5 million deal. There's his legal issues, with Malone facing one charge of DUI and one charge of cocaine possession stemming from an April arrest in Tampa; he's pleaded not guilty, with his next court date in July.
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