Thursday, June 30, 2011

Oilers Update - Sheldon Souray placed on unconditional waivers.

Edmonton Oilers GM Steve Tambellini, has placed 35 year-old defenseman Sheldon Souray on "unconditional waivers with the purpose of being bought out," TSN.   

It appears that no other NHL team is interested with the disgruntled native from Elk Lake, Alberta who is now on the brink of being bought out.

In my opinion, the Edmonton Oilers/Sheldon Souray saga has finally come to an end.  There is no other way for the two sides to part ways except for the imminent buy-out.  

The amount remaining in Souray's contract is $4.5 million.  Souray signed with the Oilers in 2007 and was brought in to be an offensive defenseman. Unfortunately, after enduring some key injuries, Souray only managed to score 30 goals in 3 seasons with the Oilers. 

Then in 2010, Souray uttered some scathing remarks towards the Edmonton Oilers which is what ultimately sent him to the minors. 

"I want a trade. "I do," Souray said. "Yes, I do want a trade."

 "It’s not a players thing. It’s not a fans thing or a city thing. It’s a management thing. They’ve given up on me, and it’s a two-way street. Management has soured on me, and I’ve soured on them." said Souray.

After his public blast, Tambellini punished the defenseman by sending Souray to the Hershey Bears of the AHL.  During his time there, Souray managed only 19 points in 40 games

Below is an explanation of what is left on Souray's contract and what the Oilers will have to forfeit.

"’s two-thirds over his $4.5 million salary and two-thirds of his $5.4 million cap hit for this upcoming season." The Gazette

"The payout for Souray, who turns 35 on July 13, would be spread out, double the length of the time left on Souray’s deal. They would be on the hook for about $1.5 million in salary for this year and next, and approximately $1.8 million on the cap for 2011-12 and 2012-13." The Gazette.

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