{"id":87813,"date":"2020-10-03T14:11:40","date_gmt":"2020-10-03T18:11:40","guid":{"rendered":"https:\/\/lastwordonsports.com\/hockey\/?p=87813"},"modified":"2020-10-03T14:26:06","modified_gmt":"2020-10-03T18:26:06","slug":"arizona-coyotes-place-michael-grabner-on-waivers-to-buy-him-out","status":"publish","type":"post","link":"https:\/\/lastwordonsports.com\/hockey\/2020\/10\/03\/arizona-coyotes-place-michael-grabner-on-waivers-to-buy-him-out\/","title":{"rendered":"Arizona Coyotes Place Michael Grabner on Waivers To Buy Him Out"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>It was announced that the <a href=\"https:\/\/lastwordonsports.com\/hockey\/category\/coyotes\/\" target=\"_self\">Arizona Coyotes<\/a> have placed forward <strong><a href=\"https:\/\/www.hockey-reference.com\/players\/g\/grabnmi01.html?utm_campaign=Linker&amp;utm_source=direct&amp;utm_medium=linker-\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">Michael Grabner<\/a><\/strong> on waivers in order to buy out his contract.<\/p>\n<p>Elliotte Friedman reported the news.<\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Michael Grabner (ARIZ) on waivers for the purposes of a buyout.<\/p>\n<p>\u2014 Elliotte Friedman (@FriedgeHNIC) <a href=\"https:\/\/twitter.com\/FriedgeHNIC\/status\/1312431059020189703?ref_src=twsrc%5Etfw\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">October 3, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><\/h2>\n<h2><\/h2>\n<h2>Michael Grabner Has Contract Bought Out<\/h2>\n<p>Here&#8217;s how according to capfriendly.com the buyout will be broken down.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The Arizona <a href=\"https:\/\/twitter.com\/hashtag\/Coyotes?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">#C<\/a>o<a href=\"https:\/\/twitter.com\/hashtag\/Coyotes?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">yotes<\/a> have placed F Michael Grabner on unconditional waivers for the purpose of a buyout.<\/p>\n<p>Buyout cap hit is as follows:<br \/>\n2020-21: $833k<br \/>\n2021-22: $1.25M<\/p>\n<p>The buyout has a smaller cap hit in 2020-21 because the salary was back-loaded<a href=\"https:\/\/t.co\/PqBP4sNMgM\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/t.co\/PqBP4sNMgM<\/a> <a href=\"https:\/\/t.co\/mABioyQjYK\" target=\"_blank\" rel=\"noopener noreferrer\">pic.twitter.com\/mABioyQjYK<\/a><\/p>\n<p>\u2014 CapFriendly (@CapFriendly) <a href=\"https:\/\/twitter.com\/CapFriendly\/status\/1312434522005426180?ref_src=twsrc%5Etfw\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">October 3, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>So, the Coyotes will pay out $2,083,000 in total to buy out Grabner&#8217;s contract. He could be claimed off waivers, that is yet to be determined. Grabner will be 33 on Monday and was a $3.35 million cap hit for next season. The Coyotes have been trying to reduce their salary cap layout in order to have some freedom to make some trades to improve the team. There have been <a href=\"https:\/\/lastwordonsports.com\/hockey\/2020\/10\/02\/oliver-ekman-larsson-will-waive-clause-for-two\/\" target=\"_self\">trade rumours galore<\/a> sending such players as<strong> <a href=\"https:\/\/www.hockey-reference.com\/players\/e\/ekmanol01.html?utm_campaign=Linker&amp;utm_source=direct&amp;utm_medium=linker-\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">Oliver Ekman-Larsson<\/a><\/strong> and <strong><a href=\"https:\/\/www.hockey-reference.com\/players\/k\/kuempda01.html?utm_campaign=Linker&amp;utm_source=direct&amp;utm_medium=linker-\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">Darcy Kuemper<\/a><\/strong> <a href=\"https:\/\/lastwordonsports.com\/hockey\/2020\/09\/16\/arizona-coyotes-dilemma-trade-or-keep-darcy-kuemper\/\" target=\"_self\">to various teams<\/a>.<\/p>\n<p>The buyout will help trim the team&#8217;s tight salary budget. The buyout will save the team just over $2.5 million next season but will count for $1.25 million in the 2021-22 season. The team will have much more cap space in 2021-22 ($36.2M). The buyout has a much smaller cap hit because it was a back loaded contract.<\/p>\n<h3>What This Means Going Forward<\/h3>\n<p>Grabner who had just three goals and nine assists in 46 games last season was a healthy scratch many times during the season. Grabner is a premier penalty killer and scores shorthanded goals. He was battling back from a horrific eye injury which took him some time to recover. His has played in 640 career NHL games. He&#8217;s tallied 175 goals and 101 assists for 276 points. His career has spanned six different teams. He has played for the <a href=\"https:\/\/lastwordonsports.com\/hockey\/category\/canucks\/\" target=\"_self\">Vancouver Canucks<\/a>, <a href=\"https:\/\/lastwordonsports.com\/hockey\/category\/islanders\/\" target=\"_self\">New York Islanders<\/a>, <a href=\"https:\/\/lastwordonsports.com\/hockey\/category\/leafs\/\" target=\"_self\">Toronto Maple Leafs<\/a>, <a href=\"https:\/\/lastwordonsports.com\/hockey\/category\/rangers\/\" target=\"_self\">New York Rangers<\/a>, <a href=\"https:\/\/lastwordonsports.com\/hockey\/category\/devils\/\" target=\"_self\">New Jersey Devils<\/a>, and the Coyotes.<\/p>\n<p>Could he be headed back to the east coast? Playing for that many teams, he&#8217;s sure to have a close relationship with his moving company. We will need to wait and see what other moves new general manager <strong><a href=\"https:\/\/www.hockey-reference.com\/players\/a\/armstbi01.html?utm_campaign=Linker&amp;utm_source=direct&amp;utm_medium=linker-\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">Bill Armstrong<\/a><\/strong> has up his sleeve.<\/p>\n<p>Main Photo:<\/p>\n<p><a id=\"2oYCl8JNQSFXmX-mxwZQ3Q\" class=\"gie-single\" style=\"color: #a7a7a7; text-decoration: none; font-weight: normal !important; border: none; display: inline-block;\" href=\"http:\/\/www.gettyimages.com\/detail\/1263450776\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">Embed from Getty Images<\/a><script>window.gie=window.gie||function(c){(gie.q=gie.q||[]).push(c)};gie(function(){gie.widgets.load({id:'2oYCl8JNQSFXmX-mxwZQ3Q',sig:'CW5I2qrhGhz0bOXPKrEwCUODXhhMvKgxwdAM0b93g00=',w:'594px',h:'399px',items:'1263450776',caption: true ,tld:'com',is360: false })});<\/script><script src='\/\/embed-cdn.gettyimages.com\/widgets.js' charset='utf-8' async><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; It was announced that the Arizona Coyotes have placed forward Michael Grabner on waivers in order to buy out his contract. Elliotte Friedman reported the news. &nbsp; Michael Grabner (ARIZ) on waivers for the purposes of a buyout. \u2014 Elliotte Friedman (@FriedgeHNIC) October 3, 2020 Michael Grabner Has Contract Bought Out Here&#8217;s how according [&hellip;]<\/p>\n","protected":false},"author":2959,"featured_media":87830,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","sfio_featured_image":false,"sfio_embed_code":"","_ef_editorial_meta_date_first-draft-date":"","_ef_editorial_meta_paragraph_assignment":"","_ef_editorial_meta_checkbox_needs-photo":"","_ef_editorial_meta_number_word-count":"","footnotes":""},"categories":[21,4547,34,4548],"tags":[107,5466,1159],"class_list":["post-87813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mammoth","category-hockey","category-news","category-nhl","tag-arizona-coyotes","tag-bill-armstrong","tag-michael-grabner"],"modified_by":"William Grigsby","_links":{"self":[{"href":"https:\/\/lastwordonsports.com\/hockey\/wp-json\/wp\/v2\/posts\/87813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lastwordonsports.com\/hockey\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lastwordonsports.com\/hockey\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/hockey\/wp-json\/wp\/v2\/users\/2959"}],"replies":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/hockey\/wp-json\/wp\/v2\/comments?post=87813"}],"version-history":[{"count":0,"href":"https:\/\/lastwordonsports.com\/hockey\/wp-json\/wp\/v2\/posts\/87813\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/hockey\/wp-json\/wp\/v2\/media\/87830"}],"wp:attachment":[{"href":"https:\/\/lastwordonsports.com\/hockey\/wp-json\/wp\/v2\/media?parent=87813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lastwordonsports.com\/hockey\/wp-json\/wp\/v2\/categories?post=87813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lastwordonsports.com\/hockey\/wp-json\/wp\/v2\/tags?post=87813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}