Home » Sport » NHL | Joe Veleno and Conor Sheary contracts will be bought

NHL | Joe Veleno and Conor Sheary contracts will be bought

by Luis Mendoza - Sport Editor

Urgent Breaking News: Kraken and Lightning Place Joe Veleno and Conor Sheary’s Contracts on Waivers


Joe Veleno’s Contract Buyout by Seattle Kraken

In a significant development within the National Hockey League (NHL), the Seattle Kraken have placed Quebec striker Joe Veleno on waivers, aiming to buy out his contract. This move follows the expiration of Veleno’s year-long contract, which came with an average annual salary of $2.275 million.

Last season, Veleno made a notable impact, scoring eight goals and contributing 17 points over 74 games with the Detroit Red Wings and Chicago Blackhawks. His echoed transfer from Blackhawks to Kraken on June 21st signifies an evolving landscape within the NHL.

Over his five seasons in the NHL, Veleno has tallied 38 goals and 81 points in 306 games, showing promise and potential for further development.

Conor Sheary’s Contract Buyout by Tampa Bay Lightning

Similarly, the Tampa Bay Lightning have decided to buy out the contract of forward Conor Sheary. Sheary, who has been limited to playing five games with the Lightning this season due to wage constraints, will now enter free agency.

The 33-year-old athlete still had a year remaining on his contract with an average annual salary of $2 million. Sheary’s remarkable journey includes winning the Stanley Cup in his first two NHL seasons with the Pittsburgh Penguins in 2016 and 2017.

Sheary’s career stats stand impressively with 124 goals and 267 points in 593 NHL games, reflecting his impact and contribution across various teams including the Sabers and the Washington Capitals.

Impact and Future Implications

These moves by the Kraken and Lightning indicate shifting dynamics within the NHL, where player salaries and contracts are being closely scrutinized. Teams are increasingly looking to optimize their rosters and financial commitments, especially given the financial constraints that can affect their performances and competitive edge in the league.

For fans and analysts alike, the buyouts of Veleno and Sheary provide an opportunity to reassess their future prospects and where they might sign next. Both players have shown the potential to make significant contributions to any team they end up joining.

Stay tuned to archyde.com for the latest breaking news and in-depth analyses on these developments and other significant happenings in the NHL.

PHOTO CHRIS O’MEARA, ARCHIVES ASSOCIATED PRESS

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