The Edmonton Oilers placed forward Benoit Pouliot on waivers for the purpose of buying out the remainder of his contract, the team announced Thursday.
Pouliot signed a five-year contract worth $20 million in 2014. The move will allow the Oilers to save approximately $2.67 million in both the 2017-18 and 2018-19 seasons, according to CapFriendly.com.