The New Jersey Devils have placed defenseman Colin White and forward Trent Hunter on waivers with the purpose of buying out their contracts. They will become unrestricted free agents.

According to capgeek.com, White has one year and $3 million left on his contract while Hunter has two years and $4 million total left on his contract. According to Tom Gulitti of The Record, White will receive $1 million over each of the next two seasons, while Hunter gets $666,667 for the next four seasons.

White has played all of his 743 regular-season games and 111 playoff games in a Devils uniform. He was selected by the club in the second round of the 1996 Entry Draft and made his debut during the 1999-2000 season. He won the Stanley Cup with the Devils in 2000 and 2003.

The Devils acquired Hunter from the Islanders last week in a trade for Brian Rolston. He has played all of his 459 regular-season games with the Islanders since making his debut during the 2002-03 season. Hunter was limited to only 17 games last season due to a season-ending knee injury he suffered in November.