The NHL Players' Association has just announced that Tim Kennedy was awarded a one-year, $1 million deal in arbitration. The Sabres have 48 hours to accept the award, which I would imagine they'll certainly do, or they can walk away from it. Kennedy made $635,000 last season.
3 P.M. UPDATE: In a normal arbitration, teams can walk away from the award. In this case, the Sabres can't because Kennedy's award is too low. According to Article 12.10 (a) of the CBA, the minimum walk-away figure when the new CBA went into effect was $1,042,173 and it increases based on the league's average salary increase, so it's even higher now.
3:45 UPDATE: The Sabres have confirmed the CBA provision and note the walkaway figure for this year was $1,611,180. Darcy Regier will speak to the media at 4:30