Wings buy out Weiss after two rocky seasons

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The Stephen Weiss experiment is over in Detroit. After completing just two seasons of his five-year, $24.5 million contract, the Detroit Red Wings have bought him out, per the Detroit Free Press.

At his height, Weiss enjoyed 61, 60, and 57-point campaigns over the span of a four-season stretch with the Florida Panthers from 2008-12. However, groin problems limited Weiss to just 26 contests in his first season with the Red Wings in 2013-14. To make matters worse, he only had two goals and four points when he did play.

Weiss averaged a mere 11:20 minutes per contest last season and finished with nine goals and 25 points in 52 games.

Despite his decline in the Red Wings’ depth charts, there was some debate about using Weiss to hedge their bets after Pavel Datsyuk underwent ankle surgery. However, Red Wings GM Ken Holland wants to give his younger players an opportunity.

“We want to see what (Dylan) Larkin can do,” Holland said. “Andreas Athanasiou had a good year, where is he at? We’re going with our own younger people who have put a resume together at the AHL level, and are on the verge of trying to establish themselves in the NHL. At some point in time this year, we’re hoping a lot of our young kids will be NHL players.”

Weiss’ buyout will cost Detroit roughly $10 million in cap space over the next six years. However, it will save the Red Wings about $3.8 million for each of the next two seasons compared to the full cost of his contract.