At noon EST today, the New Jersey Devils placed Nikita Gusev on unconditional waivers for the purpose of mutual contract termination.
Nikita Gusev on unconditional waivers for purposes of termination. Has not played since March 20, as young players take over in NJ. Was on waivers 9 days ago, but hit of $4.5M made it untradeable, unfortunately. This creates possibility of signing elsewhere at a lower number.
— Elliotte Friedman (@FriedgeHNIC) April 9, 2021
Gusev has already cleared waivers once, as the few teams with $4.5m in cap space did not find Gusev a worthwhile addition. After clearing waivers I assume the Devils did due diligence to find a trade partner, to no avail. If New Jersey had decided to assign Gusev to their AHL team he wouldn’t be the most expensive contract buried in the minors, so contract termination was not a foregone conclusion.
Still owed approximately $1m on his remaining contract with New Jersey, with this termination Gusev has agreed to walk away from that money. I don’t think he makes that decision just to hit the golf courses a month early. We’ve seen this in the past with Ilya Kovalchuk and Zach Bogosian in 19-20, each walking away from …
Author: Earl Schwartz / The Leafs Nation