Bobby Ryan has contract bought out by Senators after clearing waivers
NHL team to save over $3.5M US in salary cap space each of next 2 seasons
The Ottawa Senators bought out the remainder of forward Bobby Ryan's contract after he cleared waivers on Saturday.
In turn, the NHL team will save $3.67 million US in cap space in each of the next two seasons, but add a cap charge of $1.83 million in each of the following two years.
"This was a decision that required a lot of consideration," general manager Pierre Dorion said in a team news release. "Bobby's long been a deserving fan favourite in Ottawa. While we're appreciative of his efforts on the ice, it's outweighed by how proud we are of him for the courage that he has demonstrated off of it."
The 33-year-old native of Cherry Hill, N.J., entered the NHL/NHL Players' Assistance program on Nov. 20 t
Ryan had five goals and eight points in 24 games for Ottawa this season.
In 883 NHL regular-season games, Ryan has 254 goals and 555 points over 13 seasons split between the Anaheim Ducks and Ottawa.
The Senators acquired Ryan, whom the Ducks drafted second overall in 2005, on July 5, 2013 for forwards
With files from The Canadian Press
