BUFFALO, NY - (WKBW) The Sabres waived forward Ville Leino on Tuesday for the purpose of buying out his contract.
It is expected that the 30-year-old will clear waivers by Wednesday and the club will then use one of its two compliance buyouts on Leino.
If Buffalo uses the compliance buyout on Leino it will owe him $7.3 million over the final three years of his contract. His money will not count against the salary cap.
The Sabres signed Leino to a six-year, $27 million dollar contract in July of 2011. He has scored just 10 goals and 46 points for the team in 137 games. In 58 games last season he had zero goals and 15 assists.
UPDATE: Regarding Tuesday's news Leino's agent, Markus Lehto, tells Eyewitness Sports Anchor Shawn Stepner: "Not really unexpected move by Sabres considering the CBA regulations regarding the compliance buy-outs and salary cap system in the NHL."
Lehto says Leino's top priority is to continue playing in the NHL.
"He is totally healthy and training hard and will be prepared," says Lehto.
Lehto wouldn't comment on how Leino feels about his time with the Sabres. Only saying: "Ville is looking forward to the new challenges."