Lightning use compliance buyout on F Malone

TSN.ca Staff
6/25/2014 9:50:03 AM
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The Tampa Bay Lightning have used their second compliance buyout on forward Ryan Malone, the team announced on Wednesday.

Malone will become an unrestricted free-agent and as per the collective bargaining agreement, the Lightning will be responsible for two-thirds of the remainder of his contract over twice the length of the rest of the deal.

The 34-year-old forward has one-year, $2.5 million remaining on a seven-year deal that began in the 2008-09 season.

Malone's contract has a cap hit of $4.5 million per season.

Ryan Malone (Photo: Scott Audette/NHLI via Getty Images)


(Photo: Scott Audette/NHLI via Getty Images)
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