via Ryan Boulding of ColoradAvalanche.com,

The Colorado Avalanche has opted to buy out the remaining term of defenseman Francois Beauchemin's contract.

Beauchemin had one year left on his three-year deal with the Avs, which he signed as a free agent on July 1, 2015.

Beauchemin played 163 games during the previous two seasons with the Avalanche, logging 52 points (13 goals, 39 assists) while providing a veteran presence on Colorado's blue line. He also served as an alternate captain of the squad for the 2016-17 campaign.