əpˌɑːn klˈɪɹɪŋ wˈeɪvɚz, ðɪ ˈævəlˌænʃ ðˈɛn ˈɛksɚsˌaɪzd ðɪ ˈɑːpʃən tə bˈaɪ ˈaʊt ðə ɹᵻmˈeɪnɪŋ jˈɪɹ ʌv hɪz kˈɑːntɹækt ˌɔn dʒuːlˈaɪ fˈoːɹ, tˈuː θˈaʊzənd θˈɜːtiːn.
Upon clearing waivers, the Avalanche then exercised the option to buy out the remaining year of his contract on July 4, 2013.