The Phoenix Coyotes are reportedly considering buying out Mike Ribeiro. Or Arizona Coyotes, as the case will be Friday night. Ribeiro comes with a $5.5 million annual cap hit through 2016-17, but the Coyotes aren't expected to come close to the ceiling anyways, so this would be more to save money than free up cap space. He scored 16 goals and 47 points in 80 games in 2013-14.