Coyotes Have Initiated Buyout of Remaining Three Years of Ribeiro's Contract
FOR IMMEDIATE RELEASE:
Friday, June 27, 2014
GLENDALE, ARIZONA --- Arizona Coyotes General Manager Don Maloney issued the following statement today regarding center Mike Ribeiro.
“The Coyotes have initiated a buyout of the remaining three years of Mike Ribeiro's contract. The buyout is in accordance with the NHL/NHLPA Collecting Bargaining Agreement.
“We wish Mike the best of luck in the future and thank him for his contributions with the Coyotes.”