Cowen cleared unconditonal waivers Thursday, TSN's Bob McKenzie reports. Cowen is now free to be bought out by the Maple Leafs. The club is sure to complete the buyout process, as it will save the Buds $3.75 million in 2016-17.
The Leafs placed Cowen on waivers Wednesday for the purpose of buying out his contract, Wayne Scanlan of the Ottawa Citizen reports. NHL teams are required to waive a player before executing a buyout. Assuming Cowen ends up clearing waivers, the Buds would then be able to complete the buyout process. We're talking about a guy who, despite dealing with a significant hip injury, was acquired from the Senators in the Dion Phaneuf swap this past February, only to get waived and ultimately sent down to minor-league affiliate AHL Toronto. After past attempts to get rid of Cowen proved fruitless, the Leafs may be able to finally move on from him and garner hefty buyout savings amounting to $3.75 million.
Cowen will not play again in 2015-16, and the Maple Leafs are expected to buy out his contract, Mark Masters of TSN reports. In a standoff with the organization over his assignment to the team's AHL affiliate, it appears the Maple Leafs have finally decided it wasn't worth fighting over. Assuming the buyout occurs as expected, Cowen will be free to sign with another team at that point. Regardless of the organization, the blueliner has just four points (all assists) in 37 games this season, making him rather irrelevant in fantasy.
Cowen will not report to the AHL Toronto Marlies and will likely be traded, reports CBC's Hockey Night in Canada. Bu-bye -- it as nice knowing you, Mr. Cowen. The ninth overall pick in 2009 once held so much promise, but he never fulfilled those hopes. The 25-year-old still has a chance to be a sixth or seventh defender, but nothing more.
Cowen was sent down to AHL Toronto on Saturday, James Mirtle of TSN reports. Cowen hasn't appeared in a game with the Maple Leafs since being dealt by the Senators in the Dion Phaneuf blockbuster trade on Feb. 9. In 37 outings with Ottawa this year, the 25-year-old only recorded four points, which doesn't offer any hope of fantasy relevance in the event that he's recalled by Toronto in the near future.
Last 7 Games
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