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Maple Leafs put defenceman Tim Gleason on waivers to buy him out

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Toronto Maple Leafs\' Tim Gleason (right) and Nikoai Kulemin (left) battle for the puck with Philadelphia Flyers\' Wayne Simmonds during first period NHL hockey action in Toronto on Saturday March 8, 2014. The Leafs have placed Gleason on unconditional waivers for the purpose of buying him out. THE CANADIAN PRESS/Chris Young

TORONTO – The Toronto Maple Leafs have placed defenceman Tim Gleason on unconditional waivers for the purpose of buying him out.

Gleason will remain on the Leafs’ salary cap for the next four seasons because this is an ordinary-course buyout.

Toronto already used its two compliance buyouts on Mike Komisarek and Mikhail Grabovski.

According to CapGeek, Gleason will cost US$833,333 against the cap next season, $1,833,333 in 2015-16 and then $1,333,333 in 2016-17.

The Leafs traded for Gleason on Jan. 1, sending John-Michael Liles to the Carolina Hurricanes.

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The Canadian Press

The Canadian Press is Canada's trusted news source and leader in providing real-time, bilingual multimedia stories across print, broadcast and digital platforms.

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