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Tim Kennedy waived after $1M award

Updated: August 2, 2010, 6:29 PM ET
Associated Press

BUFFALO, N.Y. -- The Buffalo Sabres have waived left wing Tim Kennedy four days after he was awarded a one-year $1 million contract in arbitration.

Sabres spokesman Michael Gilbert confirmed the move had been made on Monday, but says the team would have no comment until after the 24-hour waiver period expires.

Should Kennedy go unclaimed, the Sabres would have the choice to retain the player or buy him out at a third of his contract. Under the NHL's collective bargaining agreement, ...

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