The Vancouver Canucks are one of four teams pending unrestricted free agent Jarome Iginla views as potential “landing spots,” according to Sportsnet 960’s Andrew Walker.
— Andrew Walker (@fan960walker) July 3, 2013
Iginla, 36, was traded to the Pittsburgh Penguins from the Calgary Flames this past trade deadline for Ben Hanowski, Kenny Agostino and a first round pick in 2013. He helped the Penguins reach the Eastern Conference Finals, but will be hitting the open market on July 5. The Penguins have already committed just over $61.1 million to 18 players next season with a $64.3 million salary cap.
The Canucks themselves are tight up against the cap as well having committed $61 million to 17 players. The trade of Cory Schneider to the New Jersey Devils put the Canucks well-underneath the salary cap, but the Canucks still need space to fill out the roster and re-sign restricted free agent defenceman Chris Tanev.
Defenceman Keith Ballard was placed on waivers by the Canucks on Monday to no avail. The team was hoping another team would be willing to take on the two years and $8.4 million remaining on his contract. It is expected the Canucks will proceed with a buyout.
Buying out Ballard’s contract will remove his $4.2 million cap hit off the books and put the Canucks $7.5 million under the salary cap. Re-signing Tanev is expected to cost the Canucks upwards of $2.5 million a season. It leaves the Canucks with $5 million to play with in a “best case scenario” to add a bottom-pairing defenceman, a third line and fourth line centre, a fourth line right winger, and roster depth.
It leaves little to no room to sign Iginla unless he is going to sign a bargain deal to the tune of one-year at $1 million. File this one under ‘doubtful rumours’.