Wild buy out the contracts of Ryan Suter, Zach Parise

The Minnesota Wild are moving on from a couple of longtime veterans.

The team announced that they have bought out the remainder of defenceman Ryan Suter and forward Zach Parise’s contracts, making room on their roster to give some of their younger prospects a shot at cracking the lineup.

Suter and Parise, 36, both signed identical 13-year, $98 million contracts with the Wild during free agency in the summer of 2012. Parise was a hometown kid born in Minneapolis while Suter hailed from nearby Madison, Wisconson.

CapFriendly.com took to Twitter to breakdown the more specific details surrounding these buyouts: