The Carolina Hurricanes announced Thursday that they have bought out the final year of veteran forward Patrick Marleau‘s contract.
Marleau will be free to sign with any team beginning Monday. He had one year, $6.25 million left on a three-year deal he originally signed with Toronto.
The buyout was expected after Carolina had taken on Marleau’s contract in a trade with the Maple Leafs last week.
The 39-year-old had a cap hit of $6.25 million; because his contract was signed as an over-35 player, the full hit will count against the Carolina cap.
Marleau, a three-time All-Star who ranks fifth all time in NHL games played (1,657), had 16 goals and 21 assists this past season. Among active players, he ranks second in goals (551), fifth in assists (615) and fourth in points (1,166).