SAN JOSE - San Jose Sharks (@SanJoseSharks) General Manager Doug Wilson today announced that the Sharks have placed defenseman Paul Martin on unconditional waivers for the purpose of buying out his contract. Wilson issued the following statement regarding Martin:

"Paul Martin has been the utmost professional on and off the ice during his three years in San Jose. His leadership, character and on-ice contributions have been essential to our success and in reaching the 2016 Stanley Cup Final. The impact he has had on our organization, his teammates and many of our younger players will be felt for many years to come."