Corey Perry Loses Over $1 Million Due To Recent Controversy

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Dawson McKenzie
November 28, 2023 (5:21 PM)

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After the news of Corey Perry being released from the Blackhawks, he is set to lose over a million dollars because of the recent controversy.

Perry Placed On Unconditional Waivers and is Set to Lose Over 1 Million Dollars

The Chicago Blackhawks have announced today, after weeks of speculation, that Corey Perry will be placed on unconditional waivers today for the purposes of terminating his contract. Perry signed a 1-year deal worth $4 Million during the summer.

Now, according to CapFriendly, Perry is set to lose out on over $1 Million dollars of that contract as a result of his likely termination.

Despite being placed on unconditional waivers for the purpose of contract termination, and requiring 24hrs before clearing, Perry's contract will likely already come off the #Blackhawks salary cap as of today, including his salary.

As a result, he'll lose $1,489,583.

Blackhawks Release Statement Regarding Perry That Does Not Fully Clear Up The Situation

The Chicago Blackhawks released a statement regarding Corey Perry and the justification for his termination, stating that he violated team policies intended to create a safe workplace. However, the Blackhawks did not go into detail as to what Perry did that violated the team policies.

After an internal investigation, the Chicago Blackhawks have determined that Corey Perry has engaged in conduct that is unacceptable, and in violation of both the terms of his Standard Player's Contract and the Blackhawks' internal policies intended to promote professional and safe work environments. As such, Corey Perry has been placed on unconditional waivers. In the event Mr. Perry clears waivers, we intend to terminate his contract effective immediately.

Perry will become a UFA after his contract is terminated by the Blackhawks, however, it is unlikely that he will sign somewhere this season.