Monday, June 27, 2016

Buyout Period (Jun 27)

On Monday, the Vancouver Canucks announced that they have placed forward Chris Higgins on waivers for the purpose of buying out the remaining year of his contract.  As per the CapFriendly buyout calculator, the Canucks stand to save $1.67 million from this buyout this year with the move, which should be completed on Tuesday.

Higgins wasn't pool worthy last season, spending a good deal of the season in the minors, but he will become an unrestricted free agent and if he does find a new home, he could be certainly considered a fringe player, assuming he can find a place that can give him regular minutes.  In 2015, he had 36 points and in 2014, he had 39 points, but the 33-year old has struggled for consistency.

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