The Boston Bruins are buying out the final two years of defenseman Dennis Seidenberg's contract, as first reported by Bob McKenzie of TSN.

The veteran defenseman confirmed the report to Joe Haggerty of CSNNE, adding he's going to miss playing for the Bruins.

As a result, the Bruins will save $2.833 million against the salary cap this year and $1.833 million in 2017-18, according to General Fanager. They will, however, be on the hook for a cap hit of $1,666,666 for the two seasons after that point.

Seidenberg, 34, has been with the Bruins since 2010 and was a member of the 2011 Stanley Cup championship squad. He was limited to 61 games this past season due to injury.

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