Jeff Schultz D FA Tue 7/2/13 12:50 PM
Jeff Schultz
D FA
Washington Capitals place Jeff Schultz on unconditional waivers.
This is a precursor to a compliance buyout, which means Schultz will become an unrestricted free agent. GM George McPhee previously admitted he was trying to trade Schultz but clearly didn't get enough of an offer to actually move him. Schultz has one year and $3 million left on his contract. The Capitals will save $2.75 million on their cap if they buy him out.