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07-09-2010, 06:07 PM
  #162
ToTheNet
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Quote:
A decision must be made within 48 hours of the hearing. When the decision is announced, the team has the right to decline, or "walk away" from the award. If the team exercises this right, the player can declare himself an unrestricted free agent.
from this website

http://proicehockey.about.com/od/nhl...rbitration.htm

Enjoy

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