This gives every indication of being a pure and simple salary dump. Salary dumps don't have to always be bad. If you were convinced that this guy wasn't going to play for you and you can save a half million, then fine. We don't know if he was given a specific summer program and blew it off or that there was some other reason to banish his ass to Toronto.
I still think that he should have been given a chance in the new system.
Arguing about whether the glass is half full or half empty misses the point, which is this: the bartender cheated you.