Ducks place Kreider on waivers to terminate his contract in a salary cap-saving move, AP source says
The Anaheim Ducks placed veteran forward Chris Kreider on waivers in the first step to terminate his contract, a person with knowledge of the move confirmed to The Associated Press on Wednesday.
The person spoke to the AP on the condition of anonymity because the Ducks have not announced the decision.
Kreider is a 14-year NHL veteran who completed his first season in Anaheim and was entering the final year of his contract. By terminating the contract, the Ducks will free up $6.5 million in salary cap space.
Anaheim’s cap situation was handcuffed after the team re-signed Leo Carlsson by matching the Philadelphia Flyers’ five-year, $90 million offer sheet this summer. The team also re-signed Pavel Mintyukov to a five-year, $36 million contract this summer, while Cutter Gauthier remains unsigned coming off a 41-goal season.


