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Edmonton Oilers place defenceman Andrej Sekera on waivers for buyout
The Edmonton Oilers are moving on from defenceman Andrej Sekera, after announcing on Sunday afternoon that the 33-year-old has been placed on unconditional waivers for the purpose of a buyout.
Sekera missed a significant amount of time due to injury over the last two seasons, playing 24 games last season, and 36 the year prior.
The #Oilers buy out 33 y/o LD Sekera, had 2 Yrs $5.5M Cap Hit Remaining.
Buyout Cap Hit:
Yr 1: $2.5M
Yr 2: $2.5M
Yr 3: $1.5M
Yr 4: $1.5M
Saves $3M Cap Hit/year for next 2 years.https://t.co/nYmOJemQgr pic.twitter.com/omXBn4UdoY— PuckPedia (@PuckPedia) June 30, 2019
He was owed $9-million over two remaining years on a 6-year $33-million contract signed in 2015. The 13-year NHL veteran will cost the Oilers $2.5M against the cap the next two seasons, and $1.5M for two years following that.
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