In a calculated move, the Coyotes placed Zach Kassian and Patrick Nemeth on unconditional waivers, the intention behind this being the buyout of the remaining duration of their contracts.
Kassian, who joined the Arizona team during the NHL Entry Draft last year, had an additional year left on his agreement.
The news initially broke out through Elliotte Friedman, but since then, it has been verified by several other insiders within the sporting industry.
As it currently stands, it seems that Arizona is making strategic moves to free up some cap space. There are rumors of something major coming up for the Coyotes, so fans and followers should keep their eyes peeled for more news.