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Kostitsyn had one year left on his deal and was scheduled to make $3 million next season. The move didn’t come as a surprise after Kostitsyn landed in coach Barry Trotz’s doghouse last season, his third with Nashville. Kostitsyn is a six-year NHL veteran who had three goals and 12 assists in 46 games.

Kostitsyn has hinted that he could be open to playing in Russia’s Kontinental Hockey League next season.

Ballard was scheduled to make $4.2 million in each of the final two years of his contract. He is an eight-year NHL player, who managed just two assists in 36 games with the Canucks last season.

The Sabres’ decision to place Gerbe on waivers came as a surprise after general manager Darcy Regier indicated he had no plans to buy out any of his players. Gerbe had difficulty carving out a role during five seasons with Sabres.

Buffalo did re-sign journeyman forward Matt Ellis to a two-year contract. If Ellis doesn’t play with the Sabres, the team is counting on him to serve as captain at AHL Rochester.

Colaiacovo struggled in his first and only season with the Red Wings, failing to play to his two-year, $4 million contract. He had an assist in six games last season, and added an assist in nine playoff games.