Matt Cooke, who was signed immediately after the Wild traded Devin Setoguchi to the Jets, was place on waivers Thursday afternoon. Minnesota plans to buyout the rest of his 3-year $7.5 million contract, which included a no-trade clause. According to War-On-Ice.com, his buyout AAV will be $500,000 compared to the $3 million he was to be owed this upcoming season. Due to buyout rules, he will also receive $1 million next year as well for a total of $2 million to equal two thirds of his salary for the 2015-16 season.
...And there was much rejoicing.