Sun, 19 Sep 2021

Canucks waive F Jake Virtanen for purposes of buyout

Field Level Media
26 Jul 2021, 02:40 GMT+10

The Vancouver Canucks placed forward Jake Virtanen on unconditional waivers Sunday for the purposes of a buyout.

Virtanen, 24, registered five goals and zero assists in 38 games in 2020-21, his sixth season with the Canucks.

The 2014 first-round pick (sixth overall) has 100 points (55 goals, 45 assists) and 219 penalty minutes in 317 games.

Virtanen signed a two-year, $5.1 million contract last October. The British Columbia native is subject to a one-third buyout because he is under 26.

According to Cap Friendly, the buyout will cost the Canucks a $50,000 cap hit in 2021-22 -- a $2.5 million savings -- and a $500,000 cap hit in 2022-23.

--Field Level Media

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