The Montreal Canadiens have placed P-A Parenteau on waivers in order to buy out his contract if he does not find a team.
Parenteau is owed $4 million in the final year of his contract for 2015-2016.

Last season, the 32-year-old Ottawa native scored eight goals and added 14 assists for 22 points in 56 matches.

He also scored one goal and had one assist in eight playoff games.