So essentially, using Suter as an example.
If the Wild want to buy Suter out, they have to ask him if he wants to go through waivers, which would allow him to keep his contract. Since it’s a buy out, he’s going to say no because he’ll get the correct money, and he’ll get to sign a new contract getting more money.
In the case of a mutual termination, he must be given the option to go through waivers to keep his current contract. He’ll say yes, because assuming he’s taken, he’ll get to keep his current contract and stands to make his money. If he doesn’t go through waivers, or does clear, he won’t have a chance to make the rest of his contract.
He’s still due 9M this year, 8M next year, and 6M the year after, so the soonest he’d likely agree to NOT go through waivers would be the summer of 2023.
Parise is different because he would undoubtedly clear, so it would be in his best interest to terminate as soon as possible to hopefully get some money while he still can. Assuming he agrees to terminate in the first place.