Unless I'm interpreting the rules incorrectly, I don't think they can buy him out. The buy-out period ends tomorrow at 5:00pm ET, but in order to be bought out, he has to clear waivers. In order to clear waivers before 5:00pm tomorrow, he would have needed to be put on waivers today.
They could have a second buyout window, but that's only if someone files for arbitration, which they won't know until July 5.
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