ST. PAUL, Minn. -- The Minnesota Wild were strapped for cash with the NHL salary cap decreasing to 64.3 million this season and it cost the team defenseman Tom Gilbert.
Minnesota announced Wednesday that it placed Gilbert, who had three goals and 10 assists last season, on unconditional waivers for the purpose of buying out Gilbert's remaining two years of his contract. Gilbert was scheduled to make 6.5 million over the next two seasons and carried a cap hit of 4 million each year.
"Due to the NHL salary cap decreasing this season, we needed to make this difficult decision to give the team more flexibility," Wild general manager Chuck Fletcher said in a release. "We thank Tom for his time with the Wild and wish him the best going forward."
Minnesota was left with just over 2.4million in salary-cap space after trading for Nino Niederreiter during the draft on Sunday. If Gilbert clears waivers, the buyout will save the Wild all 4 million against the cap, giving the team about 6.4 mill...