The Vancouver Canucks are paying Oliver Ekman-Larsson a hefty sum to join another team.Vancouver plans to buy out the highly paid defenseman, his agent Kevin Epp told CHEK's Rick Dhaliwal. Ekman-Larsson will become an unrestricted free agent as a result.The veteran blue-liner has four years remaining on the eight-year pact he signed with the Arizona Coyotes on July 1, 2018. It carried an $8.25-million cap hit before the buyout. The Canucks will now pay him nearly $20 million over the next eight years.
Massive buyout for Oliver Ekman-Larsson sprinkled over the next 8 years. The #Canucks are paying him $19.5 million in real cash to go away, per @CapFriendly. pic.twitter.com/zSwNBPHLPh— Frank Seravalli (@frank_seravalli) June 16, 2023
The Canucks acquired Ekman-Larsson and forward Conor Garland in a July 2021 trade with the Coyotes. Vancouver sent Arizona three draft picks, including a first-rounder that become Dylan Guenther, plus forwards Loui Eriksson, Jay Beagle, and Antoine Roussel.
No they aren’t rebuilding, they are trying to become playoff/cup run ready as soon as possible. That’s why they dumped OEL and are signing on reclamation projects like Bear