From Fluto Shinwaza of the Boston Globe:
"It was really, really difficult," said general manager Peter Chiarelli. "Muzz is a very good person. He meant a lot to the room. It's something where you have to make hard decisions in this new system. Being put on waivers, it means that if you get taken by somebody else, we're prepared to accept that, and that's not a very good thing to hear, especially for someone who's served the time he has with us. It was a hard decision.
"It's not written in stone that he'll be bought out, but it is a step toward that. It's unfortunate but it's part of the game."
Read the entire article here.
Chiarelli is a classy GM and obviously feels bad about having to somewhat embarrass a player that is so well-liked by the organization and its fans. Even though this was a tough decision for Chiarelli to make, it was the right one.