TSN Hockey Insider Bob McKenzie first reported that the Blackhawks were not planning on re-signing Handzus.
Upon hearing the news, Handzus appeared fairly disappointed.
"If true, I'm not that surprised -- a little sad, but not surprised," Handzus told the Chicago Tribune. "I didn't play well enough this year to earn a spot next year -- that's the bottom line.
"They have a young guy coming in with Teuvo (Teravainen), and obviously they're going to give him a chance. They have a lot of great players who can play center. There's a lot of flexibility."
Handzus indicated that he hasn't spoken with his agent, Matt Keator, or Blackhawks GM Stan Bowman yet about his future with the Blackhawks.
"I want to play," Handzus said. "I still have fun. It left a bad taste the way we lost in the playoffs and I didn't play well. I still feel that I'm a better player than I showed.
"Now I'm healthy for the offseason and I can work and get into shape and do what I need to do. I feel I can still help a team. We'll see if the teams think that too. I know I'm an older guy and I don't know what's out there, but we'll see."