Mark Parrish bought out by Wild

Minnesota Wild forward Mark Parrish was bought out Wednesday with three years remaining on his contract.

Minnesota Wild forward Mark Parrish was bought out Wednesday with three years remaining on his contract.

Parrish, 31, received two-thirds of the $8.35 million US remaining on the five-year deal he signed with Wild on July 1, 2006.

The Bloomington, Minn., native  was waived Tuesday to bring the Wild below the salary cap, but he wasn't picked up by another NHL team.  

He would have been paid $2.65 million US this season, leaving the team $2.1 million US over the salary cap.

"I had to just look at certain scenarios, including his salary versus his performance," Wild general manager Doug Risebrough said.

"I just felt like this is an opportunity to buy somebody out and let the player move on and the team move on."

Parrish posted 16 goals and 14 assists for 30 points in 66 games last season, his second with the Wild.

The previous season, he finished with 19 goals and 39 points in 76 games.

"I cannot say it did not work," Risebrough said. "The unfortunate thing is, when you have a big signing like that, people are looking at big production.

"But the team was successful and Mark was a part of that. We won a division title and Mark was a part of that."

Parrish has registered 208 goals and 372 points in 660 games over nine NHL seasons with the Florida Panthers, New York Islanders, Los Angeles Kings and Wild.

He was drafted in the third round (79th overall) by the Colorado Avalanche in 1996.

With files from the Associated Press