Quoting: BCAPP
I disagree with your assertion that "if a player is bought out it usually means he's not good enough for most teams"
What it means is that a player isn't good enough for his contract. Think about Vinny Lecavalier, Brad Richards, Vinny Prospal, etc.
There are often good players who just don't live up to their contract. They would still be quite wanted on cheaper value deals. And that's where the abuse issue is settled. A 3 million dollar player on a 6 million dollar contract won't be wanted. But once he's bought out he doesn't necessarily want to stay. Numerous teams will be want to sign him for 700k-3 million
Could your scenario happen? Sure! But the team has no control to stop the player from going elsewhere.
If your going to quote someone, please don't quote it out of context. This is what i said:
The point is if a player is bought out it usually means he's not good enough for most teams. Obviously some exclusions to the rule are there but we're talking about the players who are barely roster players to start with.
I purposefully phrased it the way I did precisely so the good enough players that find another team quite easily are excluded from my point.
As for your last sentence, where have I mentioned once that a team would be able to stop a player from going anywhere? Not sure but it seems you are misunderstanding the premise here.
The point is that a player like Stone, probably not going to be getting a >1M contract from anyone in the league after being bought out has the option to essentially stay with the team and not have to find another city to play in, move his family, etc and still get to play with the team he originally signed with, at a slight discount to his previous contract. Since a player has no ability to stop a buyout, he has to accept it. The difference here is that the team is not buying out the player to "get rid of him", simply to maneuver cap space around while keeping the player. Yes the player takes a hit in salary but its not like he has a choice (Unless he thinks he can get more money elsewhere - if this is the case then the scenario won't work). This making the most of a crappy situation in which everyone benefits in one way or another from a situation where normally everyone loses.