Report: Red Wings buying out final year of Frans Nielsen’s contract

Detroit Red Wings centre Frans Nielsen (51) has been placed on waivers. (Paul Sancya/AP)

The Detroit Red Wings have bought out the final year of veteran centre’s Frans Nielsen‘s contract, CapFriendly.com reports.

Nielsen, 37, was poised to enter the final year of a six-year, $31.5-million contract he signed as a free agent in 2016. As a result of the buyout, the Red Wings will save $1 million against the salary cap this season and carry a $500,000 charge against the cap in 2022-23.

The Red Wings were able to buy out Nielsen during a second buy-out window that opened after the team settled contracts with all of their arbitration-eligible restricted free agents.

Nielsen’s role with the Red Wings had diminished in recent seasons and hit a new low when he was waived and assigned to the taxi squad last year. As a result, he appeared in only 29 games last season — mostly in the bottom six — scoring one goal and six points.

For his career, the Herning, Denmark native has appeared in 925 games with the Islanders and Red Wings, scoring 167 goals and 473 points.

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