In a significant decision, the Boston Bruins have chosen to buy out the remaining year of defenseman Mike Reilly's contract.
This move, as reported on Twitter by Bruins Daily, will provide the team with an additional $2.66 million in salary cap space for the forthcoming season.
Nonetheless, it does carry a penalty of $1.33 million that will be applicable for the 2024-25 season.
With this strategic maneuver, the Bruins seek to enhance their roster and bolster financial flexibility in order to tackle the ever-evolving challenges of the NHL landscape.