Huge Name Among 3 New Buyouts To Become Free Agents

With the buyout window expiring at 5pm et on Friday, there has been a flurry of new moves, including one that will turn the free agent market on its ear. 

32-year-old Matt Duchene, just one year removed from a 43-goal, 86-point season, has been bought out by the Nashville Predators. He now could be considered the best available forward on the free agent market. 

With an $8M cap hit for another three seasons, the Predators have decided to move in another direction. It will be a costly buyout, however, that will run for the next six years. 

The buyout cap hit for the Preds starts at $2.56M next season, then shoots up to $5.56M and $6.56M the two years after that, then drops to $1.56M for the last three seasons, into 2028-29. 

Next up, the Boston Bruins have finally relented and will buy out Mike Reilly and his $3 million cap hit. They've been trying to find a trade partner for the 29-year-old for some time, but now have opted to free up $2.66M in cap space for the 2023-24 campaign while taking a $1.33M cap hit in 2024-25.

Those extra funds this offseason should help the Bruins replenish the roster, with the likes of Tyler Bertuzzi, Dmitry Orlov, and Garnet Hathaway set to hit free agency. It was clear Reilly was in need of a fresh start somewhere else, after the Bruins only used him for 10 games this season due to the cap concerns.

Kailer Yamamoto's time with the Detroit Red Wings lasted just 24 hours, after they acquired him a day ago in a trade with the Edmonton Oilers. The Wings were hoping to hang on to the young forward, but just couldn’t make it work, cap-wise.

With the buyout, his potential $3.1M cap hit for next season now turns into just $433,334 against the cap this season and $533,334 in 2024-25.

Photo: Christopher Hanewinckel-USA TODAY Sports