The Calgary Flames placed veteran forward Niklas Hagman on waivers on Monday.
The Finnish player has nine goals and 15 assists in 57 games this season. He was part of the big seven-player deal on Jan. 31, 2010 that saw Dion Phaneuf head to Toronto, but has scored just 14 times for Calgary in 84 regular season games since.
Other NHL clubs will have 24 hours to put in a claim for the 31-year-old, and if not, he will likely be assigned to Abbotsford in the American Hockey League.
Hagman's current contract runs through 2011-12, and he's scheduled to earn $3 million US next season.
The move frees up salary for the Flames to potentially make a move ahead of the Feb. 28 trade deadline.
The transaction leaves Calgary with only one player remaining on their roster of the four acquired from the Phaneuf deal — Matt Stajan. Ian White and Jamal Mayers have since moved on from the Flames.