Three Players Clear Waivers

Monday: According to CapFriendly, all three players have cleared waivers. Holm’s contract can now be terminated.

Sunday: There are three defensemen hitting the NHL waiver wire today, though none should come as much of a surprise. New Jersey’s Matt Tennyson, who cleared waivers earlier this season, has again been waived for the purpose of reassignment to the AHL. Meanwhile, Montreal’s Christian Folin is also on waivers after being a healthy scratch for more than two months.  Chicago’s Philip Holm, who has not seen any NHL action this season, has been placed on unconditional waivers for the purpose of contract termination.

Folin, 28, played well down the stretch with the Canadiens last season after a trade from the Philadelphia Flyers and did enough to earn a one-year extension with the team this season. Signing a one-way deal to stay in Montreal, many expected that Folin could be a regular piece of the roster this season. However, he has hardly been utilized instead, playing in five games with the Habs, seven games with the AHL’s Laval Rocket, and watching most games from the press box. After the Canadiens acquired Marco Scandella last week, it was clear that a re-shuffling of the blue line was in order and Folin is now headed back to the minor, pending safe clearance through waivers.

Tennyson, 29, has been a serviceable defender for the Devils this season, playing in 19 games already, which is equal to his past two seasons combined. Tennyson signed a two-year, two-way contract with New Jersey this summer and was expected to play the role of AHL veteran and deep depth option, but has already provided more value than that. However, he landed on the injured reserve back in early December and the Devils have gotten healthy and learned to play without him in the weeks since. Now healthy, Tennyson will return to the minors, unless another team was impressed enough with his early-season play to claim the affordable depth option.

Holm, 28, returned to North America this season after spending last year in the KHL. The former SHL standout took his time coming over initially, waiting until 2017 before signing with the Vancouver Canucks. Potentially as a result of his unfamiliarity with the NHL style, Holm has struggled to translate his ability. He played in one game with the Canucks early in the 2017-18, zero with the Vegas Golden Knights following a mid-season trade, and zero with the Blackhawks this season. His opportunity and thus his production has been better in Europe, making it far from a shock that he is abandoning his one-year, two-way contract with Chicago early to pursue other options. Expect his contract to be terminated tomorrow once he clears waivers.