Bill Guerin announced on Tuesday that the Minnesota Wild would be buying out the final four seasons of forward Zach Parise and defender Ryan Suter. The two players signed tandem 13-year, $98 million contracts on July 4, 2012, which had a $7.54 million cap hit (AAV).
“We want to thank Zach and Ryan for the nine years that they’ve given the Minnesota Wild,” the GM said according to NHL.com. “They’ve given everything they’ve had on the ice and off the ice. And they’ve had an incredible impact on this organization and in the Twin Cities. A very difficult decision that over lots of time and lots of meetings, lots of things went into this decision. But it’s a big decision that I feel we needed to make in order to keep moving forward.”
The buyouts will make both players unrestricted free agents on July 28. While Parise’s next move seems obvious, Suter’s next destination is less clear.