Skip to content

Canucks inform Ballard that contract will be bought out

Jul 3, 2013, 10:59 AM EDT

gyi0062017007-ballard

On Monday, the Canucks placed Keith Ballard on regular waivers with the intention of buying out his contract.

Today, they informed the much-maligned defenseman they were going to do exactly that.

Ballard’s agent, Ben Hankinson, told News1130 Sports Vancouver that Canuck brass informed his client the remaining two years and $8.4 million of his contract would be bought out.

The move comes after Ballard cleared waivers and the Canucks “pushed the trade front” leading up to Sunday’s draft, according to Hankinson.

A former Coyote and Panther that scored 39 points in his rookie campaign, Ballard never found his fit in Vancouver after being acquired from Florida for a relatively steep price — Michael Grabner, Steve Bernier and Vancouver’s first-round pick at the 2010 NHL Entry Draft, which the Panthers used to select Quinton Howden.

Ballard was often made a healthy scratch under head coach Alain Vigneault, and even got a brief twirl at forward as the club tried to implement him into the lineup however possible.

In the end, though, the club clearly didn’t trust him in important moments. The Canucks have played 34 postseason games since Ballard came aboard; he only played in 14 of them.

With the move, Vancouver gains some much-needed cap space (it now has $7.4 million, according to CapGeek.)

Latest Posts
  1. Flyers re-sign Couturier: six years, $26 million

    Jul 28, 2015, 4:39 PM EDT

    New York Rangers v Philadelphia Flyers - Game Four Getty Images

    Nice payday after posting a career-high in goals this season.

  2. For Pens, Tuesday’s moves were all about depth and finances up front

    Jul 28, 2015, 4:23 PM EDT

    Jim Rutherford AP

    “When you look at the structure of our salaries and our cap, it’s important to get those bottom-six cap hits in better shape.”

  3. Journeyman Steckel signs in German League

    Jul 28, 2015, 3:21 PM EDT

    David Steckel AP

    With the Nurnberg Ice Tigers.

  4. Benning calls Sutter a ‘foundation piece’ for Canucks

    Jul 28, 2015, 1:45 PM EDT

    Pittsburgh Penguins v New York Rangers - Game One Getty Images

    “When the games mean something, that’s when he’s at his best.”

  5. Here’s a chart that shows which teams have been good/bad at drafting

    Jul 28, 2015, 1:21 PM EDT

    Chicago Blackhawks v Columbus Blue Jackets Getty Images

    The Blue Jackets have done well. The Canucks have not.

  6. Leafs sign Marner to entry-level contract

    Jul 28, 2015, 12:34 PM EDT

    Mitchell Marner AP

    Probably looking at another year of junior hockey.

  7. Agent: Kruger ‘will be patient’ with Chicago’s cap situation

    Jul 28, 2015, 9:00 AM EDT

    Marcus Kruger Getty Images

    25-year-old didn’t file for arbitration, hoping instead to sign a long-term contract.

  8. Report: Antropov mulling NHL return

    Jul 27, 2015, 9:29 PM EDT

    Nik Antropov Getty Images

    But are any teams mulling his return?

  9. Mayers returning to ‘Hawks in front office role

    Jul 27, 2015, 8:21 PM EDT

    jamalmayersgetty Getty Images

    Where he’ll work as a community liaison.

  10. ‘I don’t want to play in the AHL next year,’ says Detroit’s Callahan

    Jul 27, 2015, 6:21 PM EDT

    MitchCallahan Getty Images

    24-year-old forward would require waivers to be sent down…

  11. Still unsigned, Briere contemplating retirement

    Jul 27, 2015, 5:22 PM EDT

    Vancouver Canucks v Colorado Avalanche Vancouver Canucks v Colorado Avalanche

    “I’ll have to start thinking about it more and more in the next couple of weeks.”

  12. Avs ink former first-rounder Hishon to one-year deal

    Jul 27, 2015, 3:26 PM EDT

    Hishon2 Getty Images

    Looking to become a full-time NHLer after suffering a series of injuries at the start his pro career.

Top 10 NHL Player Searches
  1. B. Holtby (2792)
  2. G. Bettman (2431)
  3. A. Larsson (2323)
  4. D. Stepan (2124)
  5. C. Ehrhoff (1660)
  1. P. Datsyuk (1582)
  2. A. Semin (1576)
  3. R. Johansen (1536)
  4. C. Smith (1516)
  5. A. Anisimov (1497)