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Chiarelli: ‘We’ve got to sever cap space’
Posted By DJ Bean On July 15, 2010 @ 5:42 pm In General | 14 Comments
Bruins general manager Peter Chiarelli spoke with members of the media in a conference call on Thursday and shed light on some of the issues regarding the Bruins and their financial situation heading into the 2010-2011 season. With the signing of Gregory Campbell to a two-year deal, the Bruins would now be estimated to have around half a million dollars remaining to sign Blake Wheeler and Tyler Seguin.
Wheeler made $2.8 million and is headed for an arbitration hearing on July 27. That, in addition to the $900,000 salary Seguin will almost certainly get, would suggest the Bruins need to make some sort of move, something Chiarelli didn’t deny.
“We’re tight at the cap and we’ll be able to put Blake in the mix and then we’ve got to sever cap space and we’ll see where we’ll go from there as it applies to the start of the year,” Chiarelli said.
Chiarelli added that the team has spoken to Seguin’s agent, Ian Pulver, and that the sides will “get going on that next week.” The impression was that the team will ideally get a deal done for Wheeler first before moving their attention to Seguin. As for what the team might do to get under the cap, Chiarelli noted that even if the Bruins do use Marco Sturm‘s long-term injury status for cap relief (Chiarelli said the team doesn’t expect Sturm back until mid-November), they would still have to make a move anyway to shed money before the winger returns.
With Tim Thomas trade rumors having died down a bit in recent weeks, Chiarelli said that there is “no update” on the situation and reiterated that Thomas wants to remain a Bruin and that the Bruins still want the goaltender.
As for the “secondary market” players — guys the Bruins would not put on the forefront in free agency but could potentially look to sign later in the offseason — that Chiarelli spoke about in the beginning of the offseason, which consisted of Steve Begin and Miroslav Satan, Chirarelli said that he has not “moved on from them yet.”
“I really haven’t dismissed anything,” Chiarelli said. “I think there’s still a lot left in the summer and we’ll see where things go, but after we get [Wheeler] [and Seguin, he later corrected himself to include] done, we’re going to be relatively quiet for the time being.”
This has been a big offseason for the Bruins, and a busy one at that. Rather than sitting back and letting the selection of Seguin be the team’s only major improvement, Chiarelli said early on in the offseason that the team would be active in the trade market more so than in free agency. The team then made a major trade with the Panthers, securing Nathan Horton and Campbell in exchange for Dennis Wideman and a pair of draft picks, including the 15th overall choice last month.
Still, the transaction sheet wouldn’t paint the Bruins as giants in the trade market since, unless anyone thinks the Vladimir Sobotka-David Warsofsky swap was a game-changer. Despite which moves were actually completed, Chiarelli insisted he remained in the thick of trade talks.
“I was active in the market even so after [getting Horton], but nothing really happened. It’s just quiet right now,” Chiarelli said. “Everything’s slow and I’ve talked to a few guys and everything is kind of grinded to a halt. I’m just kind of riding the market a bit and that’s why I say we’re going to be quiet for a while.”
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