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03-17-2004, 02:02 PM
Join Date: Mar 2004
Location: San Francisco, CA
Originally Posted by
You mean like when they traded Leetch's rights to Edmonton and then resigned him?
That's a loop-hole, they can't be fined for that. It's one of the things on the NHL's agenda to fix in this up-coming CBA.
It's known as the Compensatory Free Agent loop-hole and subjects a team losing a big money free agent to a compensatory draft pick. There are a lot of factors such as the players current salary, his UFA signing salary, points in the previous three seasons, and awards received in the previous three seasons. All of which are given point values (10 pts for first team all-star etc.). The point values then allow the league to break up all of these CFA's into percentiles in which the team losing their rights receives a draft pick according to their percentile. The top 5% is a pick no earlier than 11th overall, the top 5-10% (Leetch, Hatcher etc.) is a pick following the 52nd overall selection...etc. etc.
The final position of the pick is determined by Bettman.
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