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Wild buying out Zach Parise and Ryan Suter: Sources – The Athletic

A little more than nine years after fireworks erupted in the Twin Cities with the Fourth of July tag-team signings of Zach Parise and Ryan Suter in 2012, the Parise-Suter era has come to an end.

According to sources, Wild general manager Bill Guerin called both Parise and Suter to inform each of them that the team is buying out the remaining four years of each of their contracts.

Both players will become free agents on July 28.

The Wild will pay each $6.7 million over the next eight years and be charged with $2.371 million, $6.371 million, $7.371 million and $7.371 million cap hits in the next four years, respectively, for each, then $833,333 cap hits the four years after that for each.

This gives the Wild another $10.

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