Arizona Coyotes buy out remaining 3 years of Mike Ribeiro's contract

Jerome Miron-USA TODAY Sports

The Arizona Coyotes are moving on from center Mike Ribeiro, announcing on Friday that they will buy out the remaining three years of his contract.

As soon as he stepped on the ice Mike Ribeiro seemed to be a bad fit for the Arizona Coyotes.

It became official on Friday when the team announced that it will be buying out the remaining three years of his contract.

In his one year with the team Ribeiro scored 16 goals in 80 games, but he never seemed to fully gain the trust of Dave Tippett and the coaching staff. He was a healthy scratch toward the end of the season and played some of the softest minutes on the team, starting 71 percent of his shifts in the offensive zone (the highest mark among forwards that played in at least 40 games) and he still had his share of struggles at even-strength.

Along with that, there also seemed to be some off-ice issues as general manager Don Maloney explained.

He signed a four-year, $22 million deal as a free agent last summer.

Because his contract was signed after the new CBA was put into place it is not eligible for a compliance buy out, so the Coyotes will still have to count a portion of it against the salary cap.

Ribeiro will turn 35 this season. When it comes to his on-ice performance he should still have some value as a power play specialist, but his even-strength performance has steadily declined over the years.

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