Hurricanes intend to buy out Alexander Semin after six-goal 2014-15

The Carolina Hurricanes have placed winger Alexander Semin on buyout waivers, the team announced Tuesday.

It's an expensive decision for a small-budget team, but Semin wasn't living up to his $7 million salary, scoring only six goals in 57 games last season.

"Alex fully intends to play in the NHL next season, " Todd Diamond, Semin's agent, said in an email to The Associated Press.

Diamond added: "We expect a strong market for him.''

The former 40-goal scorer with the Washington Capitals had three more years left on his deal at $7 million per season. The buyout, which will come once Semin clears waivers Wednesday, means he'll count $2.33 million per season on the Hurricanes' cap for the next six years.

Semin, 31, will receive $14 million over the next six years as his payout.

The Associated Press contributed to this report.