Prior to the opening round of the entry draft, it was reported that the Minnesota Wild informed forward Thomas Vanek of his impending buyout, removing his remaining year on his current contract from the active roster. With Vanek owning a no-movement clause in his contract, he can avoid the waiver process and go directly to unrestricted free agency. Just hours before the draft commenced, the buyout occurred and you can add Vanek to the list of available free agents.The move makes for some considerable savings for Minnesota's cap budget, in the neighbourhood of $5 million for the coming season, as the team's hit for the buyout in 2017 would be $1.5 million, against his $6.5 million cap hit he would have, if he stayed with the club.
Vanek still has some hockey pool value to him, as he finished 126th in forwards scoring last season, picking up 18 goals and 41 points in 74 games with the Wild, but he might not have the same value he once had. Be sure to consider your options carefully here.
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