Jets Buy Out Nate Schmidt
06/30/2024 12:15 PM
The Winnipeg Jets have bought out the final season of defenseman Nate Schmidt’s contract, per Frank Seravalli of the Daily Faceoff (Twitter link). Schmidt will first have to pass through unconditional waivers before the buy out goes into effect. Should he clear, Schmidt’s contract will count towards $2.717MM of Winnipeg’s cap next season – a savings of $3.233MM – and an empty $1.617MM in 2025-26.
More to come…
