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Giroux agrees to 8-year extension, Briere signs with Habs, while Bruins, Stars swap 7 players

Thursday, 07.04.2013 / 1:35 PM / News

The Canadian Press

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Giroux agrees to 8-year extension, Briere signs with Habs, while Bruins, Stars swap 7 players

Toronto Maple Leafs forward Mikhail Grabovski was among five NHL players placed on unconditional waivers and could have their contracts bought out, according to a person familiar with the moves.

Also waived on Thursday, a day before the start of the NHL's free-agent signing period, were New Jersey goalie Johan Hedberg, Colorado defenceman Greg Zanon, Nashville defenceman Hal Gill and Edmonton centre Eric Belanger.

The person revealed the list of waived players to The Associated Press on the condition of anonymity because the NHL doesn't announce the moves.

The Maple Leafs' decision to waive Grabovski came after they signed him to a five-year, $27.5 million contract in March.

Players who have contracts bought out on compliance buyouts don't count against the salary cap. They do receive two-thirds of their remaining salary.

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I look forward to the process, the battle, the pain, the fun, the journey.  It's going to be a long one but it's going to be a lot of fun. If you think there is no pain coming, there is pain coming.

— Mike Babcock, introduced as coach of the Toronto on Thursday, had a warning for fans