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Nystrom cleared buyout waivers Thursday, TSN's Bob McKenzie reports.

Nystrom had to be placed on unconditional waivers in order for the Predators to execute a contract buyout on the 33-year-old. General manager David Poile was unsuccessful in his attempt to trade the physical winger around the 2016 NHL Entry Draft, and with free agency looming, it makes sense for the big boss to simply cut his losses and move on. Buying out the 10-year veteran, who only produced seven points -- all goals -- last season saves Nashville $2 million in 2016-17.

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