VANCOUVER, British Columbia (AP) — The Vancouver Canucks have bought out Oliver Ekman-Larsson’s contract, making the 31-year-old Swedish defenseman an unrestricted free agent July 1.
Vancouver said Friday it agreed to pay Ekman-Larsson $19.33 million, spread over the next eight years to reduce its salary-cap hit. Ekman-Larsson had four years and $29 million remaining on the eight-year, $66 million contract he signed with Arizona in 2018.
“The business of hockey is very complex and tough decisions have to be made if you want to remain competitive,” Canucks general manager Patrik Allvin said. “Buying out Oliver gives us a lot more flexibility and cap space the next couple of years and significantly reduces his hit in the subsequent season.”
The Canucks acquired the former Arizona captain and forward Conor Garland in a July 2021 trade with the Coyotes.
People are also reading…
Ekman-Larsson had two goals and 20 assists in 54 games for the Canucks last season, missing the final 27 games because of an ankle injury. In 902 games in 13 seasons with the Coyotes and Canucks, he has 135 goals and 304 assists.
Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Sports News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
