Pens will free up about $800,000.00 on the deal.
http://penguins.nhl.com/club/news.htm?id=724265&navid=DL|PIT|home
That’s a pretty disingenuous article. The Pens didn’t trade for Hornqvist straight up. They took on $5.75 million in contracts while giving up $5 mil. The extra cap hit going toward a third/ fourth line winger. I think this replaces one of Taylor Pyatt or Tanner Glass. Guys who are (or should be) strictly bottom sixers. Pyatt was more expensive than Spaling by 50,000 and Glass was less expensive by 400,000.