Mark Recchi, 39, will be an unrestricted free agent on July 1. ((Frank Gunn/Canadian Press))

Veteran NHL forward Mark Recchi is looking like a bargain, one day after being sent to the minors.

The Pittsburgh Penguins placed the 39-year-old on re-entry waivers Friday, meaning other teamscan claim Recchi for half his $1.75-million US contract.

Recchi was demoted to the Penguins' American Hockey League affiliate in Wilkes-Barre/Scranton, Penn.,after scoring two goals and eight points in 19 games this season.

Penguins coach Michel Therrien said this week that the Penguins' younger players deserved more ice time than Recchi, who will turn 40 in February.

Recchi, who will be an unrestricted free agent July 1, was a healthy scratch for six consecutive games before being waived.

"We believe we gave him an opportunity," Therrien said of Recchi, a two-time Stanley Cup champion. "It didn't work out."

The Kamloops, B.C., native has 510 goals and 1,341 points in 1,357 career NHL regular-season games for the Penguins, Philadelphia Flyers, Montreal Canadiens and Carolina Hurricanes.

With files from the Canadian Press