Kukla's Korner Hockey

Kukla's Korner Hockey

The Buyout Process Begins For Matt Cooke

06/18/2015 at 12:43pm EDT

via Michael Russo of Russo's Rants,

The Wild, looking to clear cap space this offseason, has placed veteran Matt Cooke on waivers. If he clears, the next route would be a buyout.

Cooke, 36, who had an injury-ravaged season and was limited to only 29 regular-season games and seven playoff games, has one more year left on his contract at a $2.5 million cap hit with a $3 million salary.

I'm expecting to talk to his agent soon. GM Chuck Fletcher couldn't be reached for comment.

As I reported last week on my podcast with Jim Souhan, Cooke was being shopped heading into draft week.

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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.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

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