Martin Jones' time with the Sharks has come to an end.
Sharks general manager Doug Wilson confirmed to reporters Tuesday morning that the team is placing Jones on unconditional waivers and will buy out the remaining three years of the 31-year-old goalie's contract.
The Athletic's Pierre LeBrun and Kevin Kurz first reported the news earlier Tuesday, citing sources,
The Sharks signed Jones to a six-year, $34.5 million extension in 2017. The deal kicked in at the start of the 2018-19 season.
CapFriendly has the details of what Jones' buyout will look like.
With Jones gone, the Sharks now will look for a second goalie to work with Adin Hill, whom they acquired two weeks ago in a trade with the Arizona Coyotes.
Jones had a record of 170-121-27 in six seasons with the Sharks. He started 60 playoff games and had a .916 save percentage.