UPDATED WITH DEPTH CHART BELOW
Wild defenseman Cam Barker has just been placed on unconditional waivers for the purposes of buying him out as long as he clears Friday at 11 a.m..
As I described on yesterday's blog, there were ways the Wild could drag this out another month. But by doing so, that would be unfair to Barker. If bought out now, Barker can become an unrestricted free agent Friday and find a new home. If the Wild drags this out another month, Barker can find himself in a tough spot to find a gig.
Because Barker is 25, he'll be bought out for one-third his $3.25 million salary -- $1.083 million. Instead of the Wild being charged a $3.083 million salary-cap hit for Barker next season, a buyout will decrease the cap charge to $375,000 next season and $541,667 for 2012-03.
This is quite the fall for Barker, who was drafted after Alex Ovechkin and Evgeni Malkin third overall in 2004. The Wild had been trying to trade Barker for some time. In 71 games with the Wild after being acquired from Chicago before the Feb. 2010 Olympics for Nick Leddy and Kim Johnsson, Barker scored two goals and 10 assists, and was minus-12.
Mike Commodore and Sheldon Souray are also on unconditional waivers for the purposes of being bought out.
Wild Depth Chart
Here's a look at the Wild's depth chart for next season as it stands today. The TBDs indicate open spots that either need to be filled through the promotion of Wild prospects or external acquisitions (free agency or trades). Below each player are his 2011-12 salary and 2011-12 salary-cap hit. The salary-cap ceiling for next season is $64.3 million.