Higgins has been waived by the Canucks in order to buy him out of his contract, Ben Kuzma of the Vancouver Province reports.

EDGE Analysis

Higgins saw his role drastically decrease over the course of the 2015-16 campaign, so it comes as little surprise that the organization has decided to move in a different direction. By buying out the 33-year-old, Vancouver will save an estimated $833,333 in cap space for next season. It remains unclear if the 33-year-old will find a landing spot, but he could be a depth addition for a team in need of veteran leadership,although fantasy owners still holding on to him should consider waiving him as well.