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Bruins buy out Mike Reilly, shave $2.6 million off this season’s salary cap number

Another contract that the Boston Bruins desperately needed off the books is on its way out, as the Bruins announced today that defenseman Mike Reilly has been placed on unconditional waivers for the purpose of a buyout.

The Bruins are buying out the final year of Mike Reilly's contract. The buyout will free up $2.66M in cap space for 2023-24, $1.33M penalty in 2024-25.

— Ty Anderson (@_TyAnderson) June 30, 2023

The move frees up a decent bit of space ahead of tomorrow’s start of free agency.