The Detroit Red Wings have decided to make Carlo Colaiacovo the odd man out of a crowded blue line, according to a report from Helene St. James:
#RedWings will buy out D Carlo Colaiacovo. F Todd Bertuzzi will not be bought out.
— Helene St. James (@HeleneStJames) July 2, 2013
The Red Wings currently have seven defensemen under contract — soon to be eight once restricted free agent Brendan Smith gets his new contract — which is why GM Ken Holland hinted at trying to trade Colaiacovo at the draft. Since no team bit on the oft-injured veteran, Holland opted instead to buyout Colaiacovo’s contract.
The move saves Detroit $2.5 million on next year’s cap, bringing them for the moment to around $10.5 million in space.