Stars buyout Turgeon; exercise club option on Svoboda

Wednesday, July 27, 2005

The Dallas Stars made their first big roster move of the summer Wednesday, deciding to buy out the final year of center Pierre Turgeon's contract. The move, which came as no surprise, will free up $4.56 million in salary cap space for the Stars.

The Stars will owe Turgeon two-thirds of the $4.56 million, which is about $3.04 million. That buyout money will not count against the Stars cap since Dallas exercised the buyout before Friday's compliance buyout deadline.

Turgeon, who was in the final year of a six-year, $32.5 million contract, was placed on waivers Wednesday morning.  If he clears waivers the Stars will then buy him out.

The Stars Wednesday also decided to exercise the club option on forward Jaroslav Svoboda, who is due $456,000 this season.