Canucks place Ballard on LTIR

The Vancouver Canucks have reportedly placed term injured reserve.

The move was reported by TSN's Bob McKenzie through his Twitter account on Saturday afternoon. It is a move which frees up valuable salary-cap space ahead of Monday's trade deadline.

Ballard hasn't played since February 7 after suffering a neck injury and concussion. He has totaled one goal and seven points with 64 penalty minutes in 47 games for Vancouver this season.

The 29-year-old is scheduled to make $4.2 million this year according to McKenzie, which is identical to his cap hit.

The Canucks, who are idle, moved atop the NHL standings with a 2-1 win at New Jersey on Friday.