Found July 05, 2013 on Fox Sports North:
Minnesota-wild-phoenix
ST. PAUL, Minn. -- The full picture of the Minnesota Wild's buyout of Tom Gilbert came into focus Friday. Minnesota re-signed restricted free agent Jared Spurgeon to a three-year contract and officially signed defenseman Keith Ballard on Friday, using the salary-cap space it gained by buying out defenseman Tom Gilbert this week. With Spurgeon and Ballard, the Wild also have set the core of their defense for next season. In buying out Gilbert, Minnesota saved 4 million against the cap. Ballard reportedly signed for 1.5 million in each of the next two years. Multiple reports Friday said that Spurgeon received an 8 million contract and will count just over 2.6 million per year against the cap. With the salary cap decreasing to 64.3 million this year, the Wild how has just over 2.2 million in salary cap space left and will need to leave space for in-season maneuvering. "I think we have a lot of parity in our league and certainly the salary cap forces teams to make decisions...
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