Keith Ballard waived by Canucks
Ballard has been mentioned as a potential candidate for a compliance buyout. Given the declining nature of the salary cap to $64.3 million in the 2013-14 season, all teams have been given the option of using two compliances buyouts to clear two contracts from their books. This option also aids clubs looking to shed contracts that violate the cap benefit recapture clause, which punishes front- or back-loaded deals under the new collective bargaining agreement.
However, McKenzie notes that Ballard has been placed on conventional waivers, not unconditional waivers, which are required to administer a player a compliance buyout.
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