The San Jose Sharks put veteran defenseman Paul Martin on waivers Monday, according to TSN's Pierre LeBrun.
General manager Doug Wilson said Sunday the club has been working with Martin and his agent, Ben Hankinson, to "explore options" on a potential trade.
The 36-year-old has played only three games this season due to an ankle injury and hasn't appeared in a game since Dec. 7.
Martin is on the books this season and next at a cap hit of $4.85 million per campaign, according to CapFriendly.
