A veteran forward is being let go by his team in a move to save on salary cap. Chris Kreider, a 14-year veteran, has been placed on waivers by the Anaheim Ducks. This is the first step towards terminating his contract.

The decision was confirmed by a person with knowledge of the move, who spoke on the condition of anonymity. The team has not officially announced the decision.

Further details about the move are available from the source, but it is known that the decision is related to saving on salary cap.