Patrick Eaves was placed on waivers shortly after being acquired by the Bruinson Friday. Teams had until Saturday at noon to pick up Eaves, but there were no takers for the 25 year old former Boston College standout. The Bruins will now likely buyout Eaves' contract and let him become an unrestricted free agent. The buyout will cost the Bruins $258,333 against the cap next season.
Since I find the NHL's CBA extremely confusing, I will let the Globe's Fluto Shinzawa explain how the buyout process for Eaves will work:
Eaves was due $3.1 million over the next two seasons. Because he is under 26, he can be bought out for one-third of his remaining salary. If Eaves goes unclaimed, the Bruins will carry his $258,333 buyout number in 2009-10, 2011-12, and 2012-13. Because he is on an escalating three-year contract, the Bruins will receive a $41,667 cap credit in 2010-11, the year Marc Savard hits UFA status and Milan Lucic, Blake Wheeler, and Tuukka Raskbecome RFAs.