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NHL Buyout Tracker 2013: Ballard, Colaiacovo, Grabovski Among Buyouts

PHILADELPHIA, PA - FEBRUARY 25: Mikhail Grabovski #84 of the Toronto Maple Leafs waits for a faceoff in an NHL Hockey game against the Philadelphia Flyers at Wells Fargo Center on February 25, 2013 in Philadelphia, Pennsylvania. (Photo by Paul Bereswill/Getty Images)
Paul Bereswill/Getty Images
Mark JonesSenior Analyst IJune 26, 2013

June 27 marks the opening of a wild and unusual period in the 2013 NHL offseason.

For the first time, each franchise will be able to make two amnesty buyouts this summer. The designated period runs until 5 p.m. on July 4, just one day prior to the start of free agency.

Compliance buyout window is now open BUT no buyout can occur until: a) player is put on waivers; b) player clears waivers 24 hrs later.

— Bob McKenzie (@TSNBobMcKenzie) June 27, 2013

In the case of a buyout, two-thirds of the bought-out player's salary (as long as the player is at least 26 years of age) is spread out over the remaining seasons of the contract, and the player becomes an unrestricted free agent.

Track every buyout from the chaotic 2013 NHL offseason here live, complete with full financial details.

Salary cap information courtesy of CapGeek.com.

Last Update: July 4, 1:34 p.m.

Player Age Former Team Report 

Years Bought Out

Buyout Cost Current Designation
Mikhail Grabovski 29 Toronto Maple Leafs Globe & Mail Eight $14.3 million On Waivers
Keith Ballard 30 Vancouver Canucks TSN Four $5.6 million Free Agent
Tom Gilbert 30 Minnesota Wild TSN Two $2 million Free Agent
Carlo Colaiacovo 30 Detroit Red Wings TSN Two $1.9 million Free Agent
Nathan Gerbe 25 Buffalo Sabres TSN Two $0.6 million Free Agent
Jeff Schultz 27 Washington Capitals TSN Two $2 million Free Agent
Rick DiPietro 31 New York Islanders Newsday 16 $24 million Free Agent
Rostislav Olesz 27 Chicago Blackhawks NHL Two $2.8 million Free Agent
Steve Montador 33 Chicago Blackhawks NHL Four $2.7 million Free Agent
Vincent Lecavalier 33 Tampa Bay Lightning NHL 14 $30 million Signed with Philadelphia Flyers
Danny Briere 35 Philadelphia Flyers RDS Four $3.3 million Free Agent
Ilya Bryzgalov 33 Philadelphia Flyers USA Today 14 $23 million Free Agent
Scott Gomez* 33 Montreal Canadiens ESPN Two Remaining $3 million UFA Rights with Sharks
Tomas Kaberle 35 Montreal Canadiens TSN Two $3 million Free Agent
Wade Redden* 36 New York Rangers ESPN Two Remaining $3.3 million UFA Rights with Bruins

*Player was bought out using compliance buyout before 2013 season.

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