Apr 22, 2012; Washington, DC, USA; Boston Bruins goalie Tim Thomas (30) makes a glove save in the overtime period against the Washington Capitals in the first round of the 2012 Stanley Cup playoffs at Verizon Center. Boston won 4-3. Mandatory Credit: James Lang-USA TODAY Sports

Boston Bruins clear cap space, deals Thomas to Islanders

From the “He’s not here, so why should we care” department, The Boston Bruins have traded suspended goalie Tim Thomas to the New York Islanders.

Though an unnamed source told ESPN that Thomas still does not want to play this season, the Islanders needed his “phantom” contract to ensure that they hit the cap floor.

In return, the Bruins will receive a conditional 2nd round draft pick in either 2014 or 2015.  The condition is, of course, that Thomas plays for the Islanders.  If he doesn’t the Bruins get nothing…

…well, nothing but shedding five million dollars from their salary cap, which is like getting a divorce and not having to pay alimony…and then being able to see him do the same thing to someone else.

And the really cool thing for New York is that they can turn over his contract until next year if they choose since they already had another phantom contract working in their cap-floor favor, benefiting because of a loophole in the CBA for next season.

Since Thomas is suspended for failure to report to the Bruins, he will remain so with the Islanders who will not have to pay the 38 year old netminder, but since his contract is a “35 Plus” deal, his 5 million dollars due on the last year of his 4 year, 20 million dollar contract will count against their cap…

…and truthfully, that’s really all they were looking for.

Manipulating the CBA.  We wondered how long is was going to take…

Tags: Boston Bruins New York Islanders Tim Thomas

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