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Maple Leafs put defenceman Tim Gleason on waivers to buy him out

Monday, 06.30.2014 / 12:35 PM / News

The Canadian Press

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Maple Leafs put defenceman Tim Gleason on waivers to buy him out

TORONTO - The Toronto Maple Leafs have placed defenceman Tim Gleason on unconditional waivers for the purpose of buying him out.

Gleason will remain on the Leafs' salary cap for the next four seasons because this is an ordinary-course buyout.

Toronto already used its two compliance buyouts on Mike Komisarek and Mikhail Grabovski.

According to CapGeek, Gleason will cost US$833,333 against the cap next season, $1,833,333 in 2015-16 and then $1,333,333 in 2016-17.

The Leafs traded for Gleason on Jan. 1, sending John-Michael Liles to the Carolina Hurricanes.

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In respect to the organization and my teammates, it was the best move. When I look back at my career and all the different things I had to overcome, I have no regrets. It was great.

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