The Minnesota Wild are buying out the contracts of veteran stars Zach Parise and Ryan Suter
LOS ANGELES, CALIFORNIA - JANUARY 16: Cam Talbot #33 of the Minnesota Wild in goal during a 4-3 overtime win over the Los Angeles Kings at Staples Center on January 16, 2021 in Los Angeles, California. (Photo by Harry How/Getty Images)
The Minnesota Wild are buying out the contracts of veteran stars Zach Parise and Ryan Suter. Each has four years left on it. They signed identical $98 million, 13-year deals in 2012. Parise and Suter are now being bought out together. The buyouts will combine to cost the Wild almost $15 million against the salary cap in 2023-24 and 2024-25 for Parise and Suter not to play for them. Each player will become an unrestricted free agent July 28. General manager Bill Guerin called the moves part of the team’s transformation with the overall goal of winning the Stanley Cup.