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Archive for March 2009

Cole to the ‘Canes: a glorified salary dump

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When I got news that Erik Cole had been sent back to the Hurricanes in a trade, I was pretty stoked.

Now that I’ve heard what we gave up for him (Justin Williams) and what we fully got back (Cole + a fifth, essentially), I’m less impressed.

Because it’s not just a typical ‘Canes move, picking up players and trying to recapture their former glory (Jeff O’Neill, coach Paul Maurice being the most recent few).  And while he’ll package it as a move for this season and the playoffs, it’s clear that isn’t even the case.

What is clear, however, is that in 20 games, Erik Cole’s salary will be off the Hurricanes’ books.  And two years of Justin Williams’ salary are gone too.  In their place?  A slightly lower 2nd round pick and an extra 5th rounder.  Hardly a king’s ransom.

Written by paultoms

March 4, 2009 at 7:41 pm