June 28, 12:33 p.m.: The Stars made Suter’s buyout official on Friday. Since his contract carried a no-move clause, he doesn’t need to pass through unconditional waivers before being bought out. He will be eligible to sign anywhere as a UFA starting Monday.
June 27, 2:23 p.m.: Suter’s camp was informed of the buyout by the Stars last night, Pierre LeBrun of TSN and The Athletic reports. There are already multiple teams interested in signing him when he becomes a free agent in the coming days, per LeBrun.
June 27, 9:07 a.m.: Jeff Marek of Sportsnet is reporting that the Dallas Stars are buying out the final year of defenseman Ryan Suter’s contract. Suter was owed $4.3MM in actual salary and was set to carry a cap hit of $3.65MM as part of the four-year $14.6MM contract he inked in July 2021. The buyout marks the second time in Suter’s career that his contract has been cut short, as the Minnesota Wild bought out the final four years of his 13-year, $98MM contract back in July 2021.
With the move, Dallas will add a $1.4MM charge to their cap for the 2025-26 season, but they will save $2.866MM this season (as per CapFriendly). Typically, a 35+ contract buyout wouldn’t lead to any savings, however, Suter’s contract was not frontloaded and had no signing bonuses after the first year, meaning the Stars will see some savings.
Suter played in all 82 games last season for Dallas but saw his offensive production drop for a second consecutive season as he tallied just two goals and 15 assists. His average ice time dropped to the lowest it has been since his rookie season with Nashville back in 2005-06.
While Suter isn’t the elite rearguard he once was, he remained an effective player for the Stars as he never missed a game in his three years with the team and was still a decent possession player, posting a CF% of 51% at even-strength. Suter can still skate and block shots and is responsible in his end, he is still an NHL defenseman despite being 39 years old. Suter will likely have interest from other teams in free agency if he elects to continue his career.
For the Stars, the move is surprising, but it makes sense given that they are hoping to retain pending unrestricted free agents Chris Tanev and Matt Duchene. Dallas had just over $16MM in available cap space coming into today and also has to try and re-sign restricted free agent defenseman Thomas Harley. If they do sign those three players, it will eat into most of their remaining cap space and would have left little room to fill out the remainder of their roster.