Sergei Kostitsyn placed on waivers, time with Predators coming to end

USA TODAY Sports

Sergei Kostitsyn has been placed on waivers. It is believed that the Predators are looking to mutually terminate the remainder of his contract.

The Nashville Predators have placed forward Sergei Kostitsyn on unconditional waivers, according to multiple reports Wednesday afternoon.

The purpose of placing Kostitsyn on waivers remains unclear at this time. Players being placed on unconditional waivers usually indicates the intention of a compliance buyout. However, it could also mean that the Predators are looking to mutually terminate Kostitsyn's contract. Manager David Poile stated last week that Kostitsyn had been exploring opportunities in Russia's Kontinental Hockey League and that the team was open to him doing so.

In the event that both sides wish to negate the deal, the first step to be taken would be the placement of the player on unconditional waivers. Whatever the end result might be, it's clear that Kostitsyn's time with the Predators is coming to an end.

The 26-year-old forward has one year remaining on a two-year, $6 million contract that carries an annual average value of $3 million.

More in the NHL:

Full 2013 Draft coverage

The complete draft order

Photos: Chicago’s Stanley Cup parade

The best of our hockey network

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.