Jared Cowen won’t play for Leafs, who plan on buying him out

Jared Cowen won’t play for the Toronto Maple Leafs this season, and the plan is to buy him out during the off-season.

That’s what GM Lou Lamoriello told the media as he discussed the trade deadline on Monday.

This announcement comes from reporters including ESPN’s Craig Custance:

Lamoriello says Jared Cowen won't play again this season and Toronto will be buying him out this summer.

— Craig Custance (@CraigCustance) February 29, 2016

Here’s the press conference itself, which touches on other issues.

If that buyout goes as planned, here’s the expected cost:

Lamoriello confirms Cowen to be bought out, buy out costs are as follows:
2016-17: $650k credit
2017-18 $750k pic.twitter.com/xzbEDEtp1a

— CapFriendly (@CapFriendly) February 29, 2016

Cowen was part of the trade that sent Dion Phaneuf to the Ottawa Senators.

It’s been a tough season for Cowen, who obviously lost favor toward the end of his time with the Senators. At 25, he has time to turn things around ... it just won’t happen with the Maple Leafs.