Wednesday, June 27, 2018

Buyout Period (Jun 27)

The shake-up in Ottawa continued this week, as Tuesday, the Senators placed forward Alex Burrows on waivers for the purpose of buying him out and on Wednesday morning, he had cleared, paving the way to get the job done.  The buyout will mean that he'll count as $833,333 against the cap over the next two season, instead of the $2.5 million he would have counted on their roster this season.

The 37-year old only had 14 points in 71 games for the Senators in the 2018 season, which had him well out of the hockey pool conversation.  One would begin to wonder if that's it for him and his NHL career now.

Another missed over the last couple of days, the Detroit Red Wings bought out defenseman Xavier Ouellet on the weekend, terminating the last year of his deal, which was going to carry a cap hit of $1.25 million.  The buyout will only cost the Wings about $217,000 over the next couple of seasons, making for some very good savings there.

In 2018, the 24-year old appeared in only 45 games and registered only 7 assists.

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