After clearing waivers on Saturday, goaltender Ray Emery can now shop his services to the highest bidder as an unrestricted free agent on July 1.
Emery's buyout marks the end of a tumultuous era with the Ottawa Senators. At one time, Emery was considered the future of the Senators between the pipes. But a series of incidents this season, including showing up to practice late on several occasions, soured Emery's relationship with the team.
Emery signed a three-year, $9.5 million contract in July of 2007 and has two years and $6.75 million remaining on his contract. Under CBA rules, the Senators are on the hook for one-third of Emery's remaining salary, $2.25 million. That amount will be spread across twice the length of the remaining years of the contract, resulting in a cap hit of slightly less than $600,000 for the next four years.
Back in April, following the Senators' elimination from the playoffs, Murray confirmed that Emery would not return to the team.
"My plan is not to have him back," Murray told reporters at the time.
"I don't know if he was a total distraction or not, but the fact is he didn't play down the stretch and he didn't play in the playoffs, and that was a result of him not having played as well as he did a year ago. He didn't, in my opinion, commit to the team in the way that we think our players have to commit."
Although Emery admitted he did not perform up to standards this year, he said he would not be the fall guy for the team.
"Yeah it was a really bad year for me," said Emery at the end of the season. "The worst year I've had - on and off the ice - it just wasn't enjoyable at all. I learned a lot of things but that's about it - not too many positives."
Emery went 12-13-4 with a 3.13 GAA and a .890 save percentage in 31 games this year.