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04-17-2013, 11:14 AM
  #116
kdb209
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Quote:
Originally Posted by joestevens29 View Post
What are the rules on amnesty? People have referred to a TSN article saying that it has to be 3mil or greater, but I thought that was just for the early amnesty clause that was brought in for Redden/Gomez. Could've sworn the reason for 3mil at the time was because players under 3mil would more then likely not get another contract in the NHL.
There are no salary restrictions on Compliance Buy-Outs during the '13 & '14 off seasons.

Quote:
Originally Posted by NHL/NHLPA CBA MOU
During the Ordinary Course “Buy-Out” periods following the 2012/13 season and 2013/14 season, in addition to any other Ordinary Course “Buy-Outs” a Club may elect to effectuate pursuant to Paragraph 13 of the SPC, Clubs may elect to terminate and “buy-out” the already existing SPCs of up to two (2) additional Players (in the aggregate over the two (2) years) on a Compliance basis (a “Compliance Buy-Out”). Such Compliance Buy-Out(s) would be effectuated on the same terms as are set forth in Paragraph 13 of the SPC, except that the amounts paid under such “buy-out(s)” will not be charged against the Club’s Cap in any of the years in which the payments are made to the Player. Amounts paid under such Compliance Buy-Out(s) will, however, be counted against the Players’ Share during any League Year in which the “buy-out” payments are made. A Player that has been bought out under these Compliance Buy-Out provisions shall be prohibited from re-joining the Club that bought him out (via re-signing, Assignment, Waiver claim or otherwise) for the duration of the 2013/14 League Year (if the Player was bought out in 2013) and the 2014/15 League Year (if the Player was bought out in 2014).

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