Update: Forward Justin Abdelkader has been placed on unconditional waivers for the purpose of a buyout.
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Detroit Red Wings to buyout contract of Justin Abdelkader
Photo credit: Rick Osentoski-USA TODAY Sports
By Zach Laing
Oct 6, 2020, 12:04 EDTUpdated: Oct 6, 2020, 12:10 EDT
The Detroit Red Wings have placed Justin Abdelkader on unconditional waivers in order to buyout his contract, the club announced Tuesday.
Abdelkader, 33, has spent his entire 13 year NHL career with the Red Wings after being drafted by the organization in the 2nd round of the 2005 draft.
He signed a seven-year, $4.25-m AAV deal with the Red Wings in 2015.
According to PuckPedia, the Red Wings will take salary cap hits for the next six seasons.
On Twitter: @zjlaing
Justin Abdelkader has 3 years at $4.25M Cap Hit & $9.5M Salary Remaining. Buyout: Year 1: $1.8M Cap Hit ($2.4M Savings) Years 2/3: $2.3M Cap Hit ($1.95M Savings) Years 4-6: $1.06M Cap Hit & Cost puckpedia.com/player/justin-…
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