Two days after trading defenseman Mathieu Schneider to get under the NHL's $56.7 million salary cap the Anaheim Ducks signed veteran forward Teemu Selanne to a two-year, $5.25 million contract.
Dan Wood of the Orange County Register reports Selanne will be paid $3.25 million this season and $2 million in 2009-10 but both seasons will count as $2.65 million against the Ducks cap.
It also pushes the Ducks over the salary cap by around $1.225 million, meaning GM Brian Burke will once again have to clear some salary to get under the cap prior to the club's season opener on October 9.
Wood reports Burke could either trade another veteran player or place one on waivers where that player could either be claimed by a rival club or demoted to the minors
Forward Bobby Ryan has been mentioned as a possible candidate for demotion as he wouldn't have to clear waivers first but it's believed Burke wishes to keep him on the roster.
Selanne's proven he can still play at a high level despite being 38 years old, and if he can maintain the point per game pace of the past three seasons the salary will be a considered a sensible one.
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