Left wing Mason Raymond had the final season of his contract bought out by the Calgary Flames on Thursday.
The 30-year-old forward had four goals and five points in 29 games this season. He was placed on waivers Wednesday. When he cleared waivers at 12 p.m. EST on Thursday, the Flames exercised the buyout.
Raymond had a $3.15 million NHL salary-cap charge for next season, according to General Fanager. With the buyout, he will count $1.05 million on the salary cap in 2016-17 and 2017-18. He signed a three-year contract with the Flames on July 1, 2014 after he scored 19 goals in 82 games in 2013-14 with the Toronto Maple Leafs.
In 542 NHL games with the Vancouver Canucks, Maple Leafs and Flames, Raymond has 115 goals and 251 points.