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Sharks to buy out Martin Jones, don’t issue qualifying offer to Ryan Donato

July 27, 2021, 7:24 PM ET [1 Comments]
Ben Shelley
San Jose Sharks Blogger • RSSArchiveCONTACT
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The San Jose Sharks have made some notable roster moves over the last two days, placing goaltender Martin Jones on waivers for a buyout and choosing not to extend a qualifying offer to forward Ryan Donato.

Jones is 31 years old and has spent the last six seasons with the Sharks, posting an .896 save percentage in each of the last three of them.


He had three years remaining on his contract at a $5.75 million and as a result of the buyout, the Sharks will have the following cap penalty on the books for the next six seasons:

2021-22: $1.92M
2022-23: $2.42M
2023-24: $2.92M
2024-25: $1.67M
2025-26: $1.67M
2026-27: $1.67M

Donato spent the 2020-21 season with San Jose, after being acquired from the Minnesota Wild last offseason. He scored six goals and 20 points in 50 games, a pace of 10 goals and 33 points per 82 games. Donato’s coming off a two-year deal which carried a $1.9 million AAV and will now be an unrestricted free agent.

In addition to Donato, Nick Merkley, who was acquired from the New Jersey Devils yesterday, did not get a qualifying offer. The one player that the Sharks did extend an offer to was forward Noah Gregor.


QUICK THOUGHTS: I’ve already shared my thoughts on a potential Martin Jones buyout, which you can read here. As a quick recap though, I think it made more sense for the Sharks to hold off on a buyout, given they’re not going to be competitive anyways.

As for Donato, I do understand the decision not to extend a qualifying offer, though I was hoping he’d be back. The Sharks don’t have a ton of forward depth and we’ll have to see how they use this cap space.



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OTHER ARTICLES FROM JULY

Should the Sharks look to trade Tomas Hertl?
Who will the Sharks lose in the Expansion Draft?
Breaking down the Sharks’ cap situation
Looking into a potential rebuild for the Sharks
Revisiting the Erik Karlsson trade three years later
Should the Sharks look to take Jesper Wallstedt at seventh overall?
Sharks are reportedly shopping Kevin Labanc and others
Should the Sharks buy out Martin Jones’ contract?
Sharks re-sign Josef Korenar
Sharks re-sign Dylan Gambrell
Sharks are reportedly looking to add a third-line center
Sharks acquire goaltender Adin Hill from Coyotes
Sharks’ protected list revealed, Ryan Donato left exposed
Analyzing the Adin Hill trade
Who should Seattle select from the Sharks?
Seattle will reportedly select Alexander True from Sharks
Sharks re-sign Rudolfs Balcers and Joachim Blichfeld
Sharks select William Eklund with seventh-overall pick
Sharks acquire Nick Merkley from Devils
Recapping the Sharks’ 2021 Draft Picks
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