First buyout of the summer confirmed for 9 million dollar forward
It has been reported that Jeff Skinner, a forward for the Buffalo Sabres, would have his contract terminated, making him the first player to be bought out this season.
The NHL's first of two buyout windows opens 24 hours after the season concludes, just like it does every year. The salary cap is expected to increase by more than $5 million, which has spurred teams to come up with innovative ideas and attempt some bold moves. The Buffalo Sabres are now trying to rebuild their roster after missing the playoffs for 13 years in a row.
The Sabres are reportedly moving on from NHL veteran Jeff Skinner, who they signed in the past to help break the team's losing streak of more than a thousand games.
This isn't breaking news. Friedman and Marek were on this a week ago.
Multiple sources have confirmed to me the Sabres will buy out the last 3 years of Skinner's contract barring an unforeseen trade.
I discuss his BUF career & reasoning for the move.
The Sabres will have to pay a buyout for the next six seasons, but they believe that the flexibility will allow them to help close gaps in their roster. The Sabres' most challenging season will be 2025�2026, when they will have to absorb a $6,444,445 cap penalty.
After the buyout is finished, Skinner will become a free agent and sign with any team he wants.
Source: Blade of Steel
First major buyout announced as 9 million dollar player will have deal ended
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