Magnum “Go join the Waterboy” (dropped players)

“We regret to inform the following individuals that their services are no longer needed in serving the Magnum Hockey Club in this transition year – have a nice life, please don’t let the door hit you on the way out. We aren’t thinking of your children in this matter, it’s just business. Now go hang out with the Waterboy and the herpes-infested Duffmeister, thanks”

Magnum drops:

F Kyle Wilson – $500,000

F Eric Belanger – $2,180,000

D Marc Methot – $550,000

Total salary dropped: $3,230,000

Cash returned = $1,615,000

Cash balance before drops: $2,380,000

Cash balance after drops: $3,995,000

as at 4:35pm – December 10, 2010