Oilers shed salary in trading McLeod to Sabres
There's the cap savings.
The Edmonton Oilers shed salary on Friday, swapping forwards with the Buffalo Sabres in sending Ryan McLeod and prospect Ty Tullio east for Matthew Savoie, a St. Albert native who was drafted by Buffalo ninth overall in 2022.
McLeod, 24, played 81 games for the Oilers last season, scoring 12 goals and 18 assists. He scored four playoff goals in the Oilers' run to the Stanley Cup Final this spring and is set to collect $2.1-million in salary next season.
The trade leaves the Oilers $354,167 over the $88-million National Hockey League salary cap with Savoie's entry-level contract in the minor leagues.
The Oilers had signed several free agents on July 1, putting them over the NHL salary cap.
Savoie, 20, spent last season mostly with the junior Moose Jaw Warriors. He also played one NHL game with the Sabres and six with their American Hockey League affiliate.
The 22-year-old Tullio, a fifth-round draft pick by Edmonton in 2020, has spent the last two seasons with the Oilers' minor-league affiliate in AHL Bakersfield.
CTVNews.ca Top Stories
Second Cup closes Montreal franchise over hateful incident
Second Cup Café has closed one of its franchise locations in Montreal following allegations of hateful remarks and gestures made by the franchisee in a video that was widely circulated online during a pro-Palestinian protest on Thursday.
Winnipeg police shoot, kill suspect after officer stabbed in the throat
A Winnipeg Police Service officer is recovering after he was stabbed in the throat Sunday evening.
Court hearing legal arguments in sex assault case of five hockey players
A London, Ont., judge is set to hear legal arguments today in the sexual assault case of five members of Canada's 2018 world junior hockey team.
Cargo ship runs aground in St. Lawrence River near Morrisburg, Ont.
A large cargo ship remains stuck in the St. Lawrence River after running aground on Saturday afternoon.
opinion Beware the hidden costs of home ownership in Canada
While buying a home is often touted as a way to save on your cost of living, the true cost of ownership goes beyond your monthly mortgage. Personal finance contributor Christopher LIew breaks down some of the less obvious financial obligations of home ownership.
Should sex abuse evidence set the Menendez brothers free? A judge will decide
A judge will decide Monday whether new evidence warrants a re-examination of the convictions of Erik and Lyle Menendez in the shotgun murders of their parents in their Beverly Hills home more than 30 years ago.
DHL cargo plane crashes and skids into a house in Lithuania, killing Spanish crew member
A DHL cargo plane crashed on approach to an airport in Lithuania's capital and skidded into a house Monday morning, killing a Spanish crew member, officials said. The cause of the accident is under investigation.
Prosecutors demand maximum sentence for Gisele Pelicot's ex-husband in mammoth rape trial in France
A mammoth rape trial in France moved into a new phase Monday with prosecutors beginning to lay out the verdicts and punishments they want for dozens of men accused of raping Gisele Pelicot while she was drugged and rendered unconscious by her husband.
Swatch wins Malaysian suit over watches the government said had 2SLGBTQ+ elements
Swiss watchmaker Swatch has won a suit against the Malaysian government after a court ordered the return of 172 Swatch watches seized last year due to designs that authorities said bore 2SLGBT+ elements.