NHL: General manager Mike Grier is hoping the San Jose Sharks can leverage some of their ample salary cap space this season
SAN JOSE – General manager Mike Grier is hoping the San Jose Sharks can leverage some of their ample salary cap space this season, particularly when the NHL trade deadline approaches.The Ottawa Senators are trying to sign restricted free agent center Shane Pinto to an extension but do not have the needed cap space at the moment to get a deal done.
The Sharks also have only six forwards not on entry-level contracts signed past this season, and Joseph, 26, is a third-line forward who is regarded as a good penalty-killer. The Sharks right now have about $4 million in cap space, per CapFriendly, and that number is projected to grow to over $18 million by March’s trade deadline.
“We definitely have some flexibility,” Grier said last week. “Part of the deal was … to have the ability to maybe take advantage of a situation if it arises, where teams have cap trouble and they need to maybe move a player to free up some cap space. Now we can be one of those teams that that club will reach out to and see if we can help them out, and by doing that, maybe we can get a prospect or a young player or pick back in return.
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