Latest waiver news as buyout window officially opens!

The NHL’s buyout window officially opened Friday and will run through June 30 at 5p.m. ET, but on Friday, insider Chris Johnston reported that no players were placed on waivers.

This could be a busy period for several teams across the league that are looking to create cap space, while taking on a cap charge after the contract would have expired. Here’s a quick reminder of what is involved in a contract buyout:

If a player is under the age of 26 at the time of their buyout, the team will owe the player one-third of their remaining contract value.

However, if the player is 26 or older, the team will owe him two-thirds of the remaining value on their contract.

Cap charges are subject to change based on signing bonuses and other factors.

There are several candidates that could be buyout before the window closes at the end of the month. Toronto Maple Leafs’ goalie Matt Murray, Winnipeg Jets’ Blake Wheeler, Edmonton Oilers’ Kailer Yamamoto and Dallas Stars’ veteran defenseman Ryan Suter have been mentioned as players who could see their contracts bought out.

Last summer, a total of seven players were bought out: Ottawa Senators’ Colin White and Michael Del Zotto, Chicago Blackhawks’ Brett Connolly and Henrik Borgstrom, New Jersey Devils’ Janne Kuokkanen, Philadelphia Flyers’ Oskar Lindblom and San Jose Sharks’ Rudolfs Balcers. All had one bought-out years remaining, except for White, who had three.

Bought out players will have the freedom to sign anywhere once the July 1 window opens up.

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