articleThe Brief The Kraken placed center Joe Veleno on waivers in order to buyout his contract on Sunday. By acquiring Veleno and buying out his contract, the Kraken will have netted just over $4.7 million saved on their salary cap. The Seattle Kraken placed newly acquired center Joe Veleno on waivers on Sunday for the purposes of buying out his contract. Veleno had just one year left on his contract and was set to earn $2.275 million this season. Featured articleThe Source: Information in this story came from the Seattle Kraken and FOX 13 Seattle reporting.