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Asked Jun 15, 2019 by Deano
NHL Can Buyout Cap Hit be Traded

Can a team trade the salary retained from a previously bought out player?

For example, could the Oilers trade Benoit Pouliot's 2x$1.333 MM to the Panthers for James Reimer?

Jun 15, 2019

No, a buyout Cap Hit is permanent and can never be traded or changed in any way once the player is bought out.

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Asked May 23, 2019 by Armen
Toronto Maple Leafs logo Kessel Retained Salary

If the Penguins trade Phil Kessel, does Toronto still keep the retained salary they got from the trade?
 

May 23, 2019

Yes, once a team has retained salary, they keep that cap hit charge regardless of whether that player is subsequently traded.  If that player is subsequently bought-out, the retaining team will have a portion of the buy-out cap hit based on the retained %.

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Asked Apr 15, 2019 by Nic C.
NHL Entry Level Contract - # of Years

How do entry level contracts work. Do you need to sign for 3 years minimum? And what about the college free agents who get 2 years?

Apr 15, 2019

The length of the Entry Level contract is outlined in the CBA Section 9.1b:

Signing Age*     Years of ELC

18-21                   3 Years

22-23                   2 Years  

24                        1 Year

25+                       No Limit & Not-Entry Level if drafted from North America

25-27**                  1 Year if drafted from Europe or is a European player signing first NHL contract

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