Engvall has six years remaining on his deal.
On Monday, New York Islanders forward Pierre Engvall cleared waivers.
The next step for him and the other waived players (Hudson Fasching, Liam Foudy, Fredrik Karlstrom, Samuel Bolduc, Grant Hutton, Marcus Hogberg, and Jakub Skarek) is to report to Bridgeport of the American Hockey League.
However, not every player ultimately decides to report, as we saw when the Islanders tried to send Jan Kovar down.
A failure to report leads to a contract termination.
However, Engvall's agent, Claude Lemieux, told The Hockey News that his client will report to Bridgeport after the demotion.
Engvall has six years remaining on his seven-year deal worth $3 million annually.
Although only $1.85 million of his annual cap hit remains on the Islanders' books, the organization is on the dock for it all.
Engvall would be throwing away $18 million had he decided not to report.
Engvall scored 10 goals with 18 assists for 28 points in 74 games last season, the first year of his deal. He was never overly impressive, and the Islanders are doing what they must to have the best roster and lineup possible ahead of opening night on Oct. 10 against the Utah Hockey Club.