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Asked Jun 30, 2018 by Twitter
Expiration of Tavares' ability to sign an 8 Year Deal
Expiration of Tavares' ability to sign an 8 Year Deal
If Free Agent's cannot sign with new teams until 12pm on July 1, why did Tavares lose the ability to sign an 8 year Extension with the Islanders at midnight on June 30?
Asked Jun 30, 2018 by Bruce
Mason Buy Out
Mason Buy Out
How is Steve Mason's buyout amortized? One year left of $4.1M, how much is paid this year and subsequently, for how long?
Jun 30, 2018
Mason's buyout is amortized for 2 years (twice the remaining 1 year left), and it's $1,366,667 in 2018-19 and 2019-2020.
Check out the article on Buy-Out's
Don't forget to use our Buy-Out Calculator which you can do from any Player's Page or from the Buy-Out Calculator Page
MoreAsked Jun 29, 2018 by Dan W.
Length of Contracts
Length of Contracts
It is understood that a team can sign their own player for a max of 8 years, and an outside team can sign a player for 7 years during Free Agency. It is also understood that team can re-sign during a player's last year in a contract to an extension. What is stopping teams from signing a player for a 1 year contract on July 1st, and turning around July 2nd and offering them an 8 year extension, effectively making their contract a 9 year contract?
Jun 29, 2018
Hi Dan,
Players that sign a 1 year contract are only eligible to sign an extension starting on January 1. Furthermore, in order to sign a player for the maximum 8 years, the player had to be on the team's roster at the last Trade Deadline. So in your example, if a player signed a 1 year Contract with a new team, they could sign a 7 year Extension on January 1, or wait until the next Trade Deadline and then sign an 8 Year extension.
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