After placing him on unconditional waivers on Thursday morning, the Calgary Flames have officially bought out the final year of defenseman Michael Stone’s contract.
The #Flames have agreed to buyout defenceman Michael Stone’s contract after clearing waivers. https://t.co/7YRAiSp1b3
— Calgary Flames (@NHLFlames) August 2, 2019
Our pals over at PuckPedia outlined the cap savings of the buyout, as Stone receives two-thirds of his remaining $3.5 million salary spread out over the next two seasons – his cap hit is reduced to $1.167 million.
Per @FriedgeHNIC, the #Flames are buying out 29 y/o RD Michael Stone (1 year $3.