Under the provisions of the current Collective Bargaining Agreement, each team is allowed two compliance buyouts before the start of the 2014-15 season. The buyouts must occur during windows of time specified by the CBA.
The first opportunity for compliance buyouts was from June 26 to July 4, 2013. The second compliance buyout window opened Monday, June 16, 2014 and ends on Monday, June 30 at 5 p.m. ET. Any player receiving a compliance buyout receives two-thirds of the remaining contract across twice the remaining term of the deal, but his salary-cap charge to the team is wiped clean. The bought-out players are granted unrestricted free agency and are eligible to sign with any team, other than the one which bought out the player.
Clubs have bought out or announced their intention to buy out the following players: