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Report: Leafs waive Armstrong, intend to buy out deal

Saturday, 06.30.2012 / 12:01 PM / News

NHL.com

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Report: Leafs waive Armstrong, intend to buy out deal
The Leafs have placed Colby Armstrong on waivers with the intention of buying out the final year of his contract, according to multiple reports.javascript:void(0);

The Toronto Maple Leafs have placed Colby Armstrong on waivers with the intention of buying out the final year of his contract, according to multiple reports.

If Armstrong, who would be heading into the final season of a three-year, $9 million contract, does clear waivers and is bought out, the deal will cost the Maple Leafs $1 million in cap space for 2012-13 and 2013-14.

Armstrong had one goal and three points for the Leafs this past season, but also only played 29 games (and only 50 in 2010-11) because of injuries. He had 22 goals and 15 goals in his last two full seasons, both with the Atlanta Thrashers.

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I first met him when I was 19 years old and he coached me for 13 consecutive years. I don't know how many athletes who have had that pleasure. Al Arbour was a man that left us not only feeling like champions, but left us with a lot of great memories that we can carry on through life.

— Islanders Hall of Fame defenseman Denis Potvin on former coach Al Arbour, who passed away Friday at the age of 82