PHILADELPHIA (AP) — The Philadelphia Flyers are buying out the final two years of forward Danny Briere's contract.
General manager Paul Holmgren confirmed the move in a statement Thursday. Briere will become an unrestricted free agent as part of the Flyers' offseason shake-up of their high-priced roster.
The move will shave $6.5 million off their salary cap. Philadelphia had one of the NHL's most expensive payrolls last season and must shed salary to get under next season's cap.
Under NHL rules, teams have the option of two amnesty buyouts to terminate contracts before the start of the 2014-15 season.
Briere is a 15-year NHL veteran, who had six goals and 10 assists in 34 games last season. He's a seven-time 25-goal scorer, but his production has tailed off as a result of various injuries.