Oilers put defenceman Andrej Sekera on waivers for the purpose of a buyout
EDMONTON — The Edmonton Oilers will have a little extra money to work with when free agency opens.
The club announced Sunday it has placed defenceman Andrej Sekera on unconditional waivers for the purpose of buying out the final two years of his contract.
Sekera signed a six-year, US$33-million deal with the Oilers as an unrestricted free agent on July 1, 2015.
According to capfriendly.com, the move gives Edmonton an extra $3 million in salary cap space this year and next heading into free agency on Monday. The Oilers will pay Sekera $1.5 million each of the next four years.