Ruutu was let go from his PTO by the Canucks on Tuesday, Bob McKenzie of TSN reports.
In five preseason contests, Ruutu managed just one point while averaging 13:32 of ice time per night. Over the past two years, the 33-year-old managed a meager 14 points in 110 contests. With numbers like that, the winger will be hard pressed to find a team willing to add him to the roster just before Opening Night.