Sabres cut ties with Kennedy

Sports Network

, Last Updated: 9:51 AM ET

BUFFALO, N.Y. -- The Buffalo Sabres waived and will buy out forward Tim Kennedy's contract after he was awarded a $1 million, one-year deal from an arbitrator last Thursday.

The buyout is worth $333,333 over the next two seasons, and he will become an unrestricted free agent.

The Collective Bargaining Agreement states that a team cannot walk away from any free-agent contract given through an arbitrator's decision that is lower than $1,611,180 per year, but Kennedy's salary afforded Buffalo the right to waive him and buy him out.

In his first full league campaign, the 24-year-old Buffalo native compiled 10 goals and 26 points with 50 penalty minutes in 78 games.


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