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Mark Streit Placed On Unconditional Waivers To Mutually Terminate Contract

October 16, 2017 at 11:05 am CDT | by Holger Stolzenberg 1 Comment

Monday: The Canadiens have announced the release of Streit.

Sunday: Montreal Canadiens defenseman Mark Streit has been placed on unconditional waivers for the purpose of mutually terminating his contract, according to Elliotte Friedman. CapFriendly reports the mutual breakup will save Montreal $654,839 against their salary cap.

Montreal had been trying to find a trading partner who would be willing to take Streit, but couldn’t find anyone. He had become the odd man out after the team got David Schlemko back on their defense and the and the emergence of rookie Victor Mete made Streit expendable.

Streit was put on waivers on Oct. 12 and cleared one day later, but there were no plans to send him to the Laval Rocket of the AHL. Instead, it is believed that Streit will look to go overseas and possibly try to play for the Swiss Olympic team.

Streit will receive $45,161 for his 12 days of service while on the Canadiens active roster, according to CapFriendly.

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Montreal Canadiens| Waivers David Schlemko| Elliotte Friedman| Mark Streit

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Comments

  1. Doc Halladay

    8 years ago

    Minor error, it should be Laval Rocket instead of Toronto Marlies.

    It’s really too bad Streit couldn’t find his game in camp or early in the season. I’m sure if Mete hadn’t been so good, Streit would have gotten a longer look.

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