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Canucks place Booth on waivers for eventual buyout

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The Canadian Press
6/17/2014 2:03:52 PM
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VANCOUVER -- David Booth has been placed on unconditional waivers by the Canucks for the purpose of buying him out.

If Booth clears waivers, Vancouver can use a compliance buyout on the 29-year-old forward. Booth had one year left on his contract at a salary of US$4.75 million and a salary-cap hit of $4.25 million.

"We wish David all the success in the future and thank him for his contributions with the Canucks," general manager Jim Benning said in a statement.

The Detroit native had nine goals and 10 assists in 66 games this past season. Injuries limited him to 12 games in the 2012-'13 campaign.

Like other unrestricted free agents, Booth can talk to other teams beginning June 25 and sign a new deal July 1.

Buying out Booth is another change for the Canucks, who traded Roberto Luongo and fired general manager Mike Gillis and coach John Tortorella earlier this spring. The team has since hired Trevor Linden as president and Benning as GM.

More moves are expected, including the hiring of a new coach.

Along with Booth, Ville Leino was also placed on waivers Tuesday as the Buffalo Sabres intend to use a compliance buyout to get out of the final three years of his contract.

David Booth (Photo: The Canadian Press)

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(Photo: The Canadian Press)
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