Sabres sign Sekera before arbitration, also lock up Ellis

Via: Niagara Gazette

‘The Sabres now have the NHL’s No. 1 payroll, $66,695,357, putting them $2,395,357 over the $64.3 million salary cap, according to capgeek.com. They can exceed the cap by up to 10 percent during the offseason and have until opening night to get under. “I think in all likelihood we’ll be a little below the number,” Regier said. That means trades, buyouts or assignments to Rochester could be coming. Regier, who has said he would explore trades, said the market is “quiet” right now. “There are still a number of players out there that teams are trying to assess their situations and the unrestricted market,” Regier said.’