Bruce Garrioch of the Ottawa Sun: Ottawa Senators GM Pierre Dorion and head coach D.J. Smith told forward Bobby Ryan that he will be put on waivers for the purpose of buying out the final two years of his deal.
The 33-year signed a seven-year contract worth $50.75 million back in October of 2014.
Ryan left the Senators last season to seek help for alcoholism and returned later in the season. He was awarded the Bill Masterton trophy.
Puck Pedia: Ryan carried a $7.