The Edmonton Oilers are planning to buy out the remainder of James Neal’s contract.

While there was some speculation that the Oilers could find a trade partner to take on Neal, that ultimately didn’t come into fruition and he’s now on waivers for the purpose of a buyout.

Neal inked a five-year, $28,750,000 deal with the Calgary Flames after a strong showing during the Vegas Golden Knights’ inaugural season back in 2017-18.