Kukla's Korner Hockey
by Paul on 08/02/10 at 04:23 PM ET
The Buffalo Sabres have placed forward Tim Kennedy on waivers. If he clears, it’s expected that the team will buy out the remainder of his contract.
Kennedy, 24, scored 10 goals and 16 assists in 78 games last season for the Sabres. He re-signed with Buffalo as a restricted free agent on July 29, and is due to earn $1 million next season.
According the capgeek.com, a buyout would cost the Sabres $333,333 over two years, with a reduced cap hit of $166,667 this season instead of $1 million.
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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
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