A lot of noise is being made about the Buffalo Sabres dumping forward Tim Kennedy and his $1.2 million contract awarded by an arbitrator.
It is a very confusing move by the Sabres since they did offer him a $1 million contract, so we are talking a mere $200,000 more.
Now that he's gone, the Buffalo native is owned $333,333 by the Sabres. Paying for nothing!!!
But I guess my question is...why are we upset?
Are we angry because Buffalo released local hero Tim Kennedy or are we upset over the cheapness of the Sabres and General Manager Darcy Regier?
I believe it's the Sabres' being cheap skates.
Losing Kennedy isn't that big of deal. If he was all that, he'd have been picked up on waivers already. He was going to be an average NHL player at best and unfortunately Buffalo has way too many of them.
If Kennedy was from another area, would we REALLY care?
Are the Sabres cheap? I think we've known this for years. YES.
You gotta remember that owner Tom Golisano is a smart businessman and isn't about to lose money on any venture he gets in to. He started Paychex for a mere $4000 way back when and his worth now is over $2 billion. He knows how to make money and trust me, he DOESN'T want to lose money on the Sabres.
Golisano doesn't care if he wins the Stanley Cup or not. He's proven that. Living in Florida now, how often does Buffalo's owner see his hobby...eerrrr... Sabres play?
Why do you think he stayed as far away from purchasing the Rochester Americans? He knew the bottom line wasn't as good as people have been led to believe the past 10 years.
He bought the Sabres for $93 million and now they are worth over $160 million? Not a bad investment if you ask me.
But Golisano I am sure has a strict budget for Reiger and if the general manager can save almost $900,000 in the long run with Kennedy's contract, he can use that money somewhere else down the road.
But to release Kennedy over $200,000 is amazing. Just raise the price of your already over-priced beer, food and merchandise in the HSBC Arena and that $200,000 would be absorbed in four games!!!