Quoting: exo2769
That's fine. What I was getting at though is IMO Cole is a better Dman and more likely to be claimed. Other teams will gain cap space through out the season OR quite possibly have players get injured unfortunately. Again, not huge deltas. COL still has a REALLY good team either way.
Cole is better than Pateryn yes. Does he get claimed? Maybe.
But there's two things to consider:
Firstly, it's not really a direct Cole vs Pateryn comparison. It's Cole vs Pateryn + $1.2m in capspace. And in terms of the Avs roster, it was basically Byram vs Cole. Cole had to go, and it's extremely likely that Sakic shopped Cole around to various teams for free or for a late round pick, but retaining $800k was the best he could find. Not exactly a good market to be moving cap after all.
Then there's the veteran element at play. Sakic has a reputation for doing good by his veteran players. He could easily have waived Cole, but likely no one would have taken on $4.25m in cap, so Cole's value would have tanked and he would have been buried in the taxi squad.
Recall how Vegas basically gave away Schmidt for nothing due to capspace. It's pretty optimistic to think that some GM was going to bite on Cole on waivers.