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[UNCONDITIONAL WAIVERS] Colby Armstrong


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#1 Phamda

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Posted 30 June 2012 - 08:40 AM

Leafs will place Armstrong on waivers woth the intention of buying out the last year of his deal.

He must pass through waivers before he can be bought out. A team can claim him if they want.

Edited by Puck Puck Goose, 30 June 2012 - 08:48 AM.


#2 Mookie Wilson

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Posted 30 June 2012 - 08:45 AM

I could see Gillis target him as a potential bottom-6 option. It would be a signing similar to the Torres signing. I wouldn't expect it to happen right away.

#3 Spotted Zebra

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Posted 30 June 2012 - 08:47 AM

I could see him going back to the penguins to be with Sid
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#4 Mookie Wilson

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Posted 30 June 2012 - 08:49 AM

I could see him going back to the penguins to be with Sid


I think the Pens have better options.

#5 OilRigger89

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Posted 30 June 2012 - 08:50 AM

Tough luck, good 3rd/4th line grinder, even better person. Best of luck to Colby, can guarantee he won't be on the market long, someone will give him a contract. Weird that Burke couldn't get literally anything for him? Not even a 6th or 7th round pick...?

Toronto making room for..................................

Brodeur?!

#6 Bombastik der Teutone

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Posted 30 June 2012 - 08:59 AM

http://www.tsn.ca/nhl/story/?id=399599

The Toronto Maple Leafs have parted ways with forward Colby Armstrong.
The team decided to buy out the final year of his contract, worth $3 million. He will be placed on unconditional waivers at noon et today.
The buyout will count for $1 million towards the team's salary cap over the next two seasons. The move frees up an additional $2 million for the team heading into free agency July 1, giving them $14.8 million in available cap space.
The 29-year-old forward had been plagued by injuries throughout much of his stay in Toronto, having been limited to just 79 games over the past two seasons.
He scored nine goals and added 17 assists and 47 penalty minutes in his two seasons as a Leaf.
Originally drafted in the first round (21st overall) by the Pittsburgh Penguins in 2001, Armstrong has played 439 career NHL games between the Penguins, Maple Leafs and Atlanta Thrashers, scoring 87 goals and 117 assists.



#7 Kyosama

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Posted 30 June 2012 - 09:00 AM

I could see the Jets picking him up on waivers. He has ties to the team and his cap hit isn't really a concern seeing as we're 13 million under the cap floor as it stands. He's probably not going to choose to come here as a free agent so I'd bring him in, give him a chance and then if he does well and likes it here, give him an extension. Also Cheveldayoff seems to be pretty big on taking people off of waivers. Maxwell, Miettenen, Clitsome.

#8 Hedman

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Posted 30 June 2012 - 09:01 AM

The latest 2 seasons he has struggled with injuries so no thanks

#9 stuckinontario

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Posted 30 June 2012 - 09:03 AM

Meh. Do not want. Plenty of guys already signed that could fill out our bottom 6 better than this guy.
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#10 Mollyworld

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Posted 30 June 2012 - 09:04 AM

Tough luck, good 3rd/4th line grinder, even better person. Best of luck to Colby, can guarantee he won't be on the market long, someone will give him a contract. Weird that Burke couldn't get literally anything for him? Not even a 6th or 7th round pick...?

Toronto making room for..................................

Brodeur?!


He is forever injured, no doubt anyone will want him at the contract he has now, but he might be a good pick up for about 750k a year.

#11 Ron Swansons Moustache

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Posted 30 June 2012 - 09:04 AM

Isn't his cap hit 3 million? With his injury history im sure that's why nobody tried trading for him with that cap hit.
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#12 Phamda

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Posted 30 June 2012 - 09:09 AM

$3 M cap hit, has played ~75 games over the last two years and missed ~80 games due to injury an only scored 9 goals over 2 years.

#13 theminister

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Posted 30 June 2012 - 09:10 AM

If he gets claimed by any team I believe his cap hit will only be $2.0 mil as the Leafs are paying the other $1.0 mil.

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#14 Ghostsof1915

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Posted 30 June 2012 - 09:17 AM

If he gets claimed by any team I believe his cap hit will only be $2.0 mil as the Leafs are paying the other $1.0 mil.


I thought the Leafs were on the hook for $1.5 million?
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#15 Phamda

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Posted 30 June 2012 - 09:18 AM

I thought the Leafs were on the hook for $1.5 million?


That's only on re-entry waivers. Any team that claims him will be responsible for his full cap hit.

If after he is bought out and a team signs him, Armstrong will be getting paid for 2 contracts, $2M for 2 years from his buyout and whatever contract he fets.

Edited by Puck Puck Goose, 30 June 2012 - 09:19 AM.


#16 Boudrias

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Posted 30 June 2012 - 09:23 AM

He is too light for the type of game he plays at the NHL level.

#17 CanucksFanMike

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Posted 30 June 2012 - 09:29 AM

Just heard from Bob McKenzie's twitter that Derek Joslin cleared waivers and can now be bought out by the Canes.

Also the Flyers and Devils put Oscar Bartulis and Eric Boulton on unconditional waivers with the intention of buying them out, just like Armstrong
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#18 Mollyworld

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Posted 30 June 2012 - 10:33 AM

If someone claims him now, that team will be on the hook for the full contract. If he is claimed on re-entry, the teams will split the cap 50/50. If TO buys him out after clearing waivers they will be on the hook for 1 mil for the next two seasons and then Armstrong is free to sign a new contract if he can.

#19 Jordan Subban

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Posted 30 June 2012 - 10:47 AM

Tough luck, good 3rd/4th line grinder, even better person. Best of luck to Colby, can guarantee he won't be on the market long, someone will give him a contract. Weird that Burke couldn't get literally anything for him? Not even a 6th or 7th round pick...?

Toronto making room for..................................

Brodeur?!

More like Suter/Parise... they gave up one of their top 4 Dmen for pretty much nothing... they are getting ready for something big.
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#20 TOMapleLaughs

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Posted 30 June 2012 - 10:50 AM

Like many a player, he was fine until he got to TO.

The buyout was a mutual decision as Armstrong wanted out, but his value was too low to trade at that cap hit. Solution: Lower the caphit. Now he's a valuable player again, depending on if he can stay healthy.


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#21 Edlerberry

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Posted 30 June 2012 - 12:15 PM

^Cheers bro. Insightful. Where'd you hear that Armstrong wanted out, knowmsayin?

Edited by gushybear, 30 June 2012 - 12:16 PM.

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#22 DownUndaCanuck

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Posted 01 July 2012 - 04:16 AM

I'd take him for 2 million, pretty much a tougher, less skilled Raymond.

Armstrong - Lapierre - Hansen would be a nice 3rd line.
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#23 WeatherWise

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Posted 01 July 2012 - 04:24 AM

Wherever he goes, he'd be there to pick up his new BMW.

Edited by WeatherWise, 01 July 2012 - 04:24 AM.

The greatest segue into a weather segment.

#24 kodos

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Posted 01 July 2012 - 06:28 AM

PITT or nobody picks him up IMO. Wouldn't be terrible but I think our bottom-6 has enough solid options right now.
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