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Hurricanes announce buyout of Semin's contract, agree to 1-year, $1.15M deal with Nash @NHL

RALEIGH, N.C. - The Carolina Hurricanes have officially bought out Alexander Semin's contract.

The team announced the buyout Wednesday, after the enigmatic forward cleared irrevocable waivers. Carolina waived him Tuesday with the intent of buying out his deal.

Under terms of the collective bargaining agreement, Semin is owed $14 million ? two-thirds of the amount remaining on his contract ? over six years. He had three years left on a deal that paid him $7 million annually.

The team also announced three relatively minor moves on the first day of the NHL's free agency period.

Carolina agreed to terms with two of its restricted free agents ? centre Riley Nash and defenceman Rasmus Rissanen ? and gave an entry-level deal to defenceman Jaccob Slavin.

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