Report: Jets place Schmidt on waivers for purpose of buyout
Jonathan Kozub / National Hockey League / Getty
The Winnipeg Jets placed defenseman Nate Schmidt on unconditional waivers Sunday for the purpose of a buyout, reports Daily Faceoff's Frank Seravalli.
Schmidt was set to enter the final year of his contract. If he clears waivers, the buyout will look as follows:
| Season | Initial cap hit | Buyout cap hit |
|---|---|---|
| 2024-25 | $5.95M | $2.716M |
| 2025-26 | N/A | $1.616M |
The 32-year-old was relegated to a third-paring role this past season and produced 14 points in 63 games.
Winnipeg acquired Schmidt from the Vancouver Canucks in 2021 for a third-round pick.
The Jets already re-signed blue-liner Dylan DeMelo to a four-year, $19.6-million contract. Logan Stanley is a pending restricted free agent, while Brenden Dillon and Colin Miller are pending unrestricted free agents.