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April 8, 2014 | 2:39pm ET
Canucks fire President, GM Gillis
TheFourthPeriod.com

The Vancouver Canucks have fired President and General Manager Mike Gillis, the team announced on Tuesday.

Gillis had a buyout clause in his contract, in which the Canucks will pay him just $4 million of his remaining $8 million owed on his contract.

"On behalf of my entire family, I would like to sincerely thank Mike Gillis for his hard work and the many contributions he made on and off the ice during his tenure," said Canucks owner Francesco Aquilini. "The Vancouver Canucks had success under Mike's leadership, and we nearly reached our ultimate goal; but I believe we have reached a point where a change in leadership and new voice is needed."

Gillis, the 10th GM in the history of the Canucks, led the team to Northwest Division titles every season since joining the organization, prior to this season, and captured the Presidents' Trophy in 2010-11 and 2011-12.

Named the 2011 GM of the Year, Gillis built a Western Conference championship team that year, setting a franchise record with 117 points in the regular-season.

"I also want to thank our fans for their support for the Vancouver Canucks through a difficult and frustrating season," said Aquilini. "We haven't met their expectations or ours. We are committed to bringing the Stanley Cup to Vancouver for our fans and we will continue to do everything possible to reach that goal."


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