Devils Ilya Kovalchuk Announces Retirement
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07-11-2013, 05:21 PM
Join Date: Mar 2006
Originally Posted by
Unlikely regardless, but don't you have to have as many first rounders in one more year than the number you would be giving up? Meaning if you have to give up 4 first rounders, I thought as long as you had 4 of your next 5 you were ok.
You are somewhat correct. They could still offer sheet without their 1st, depending on which category of the compensation the offer falls within. Article 10.4 governs offer sheets in the CBA and states that:
Clubs cannot acquire picks to use as compensation (with the exception being a Club's own draft selections that are traded and then re-acquired).
Clubs owing one (1) draft selection must have it available in the next draft.
Clubs owing two (2) draft selections in different rounds must have them available in the next draft.
Clubs owing three (3) draft selections in different rounds must have them available in the next draft.
Clubs owing two (2) draft selections in the same round, must have them available in the next three (3) drafts.
Clubs owing three (3) draft selections in the same round must have them available in the next four (4) drafts, and so on.
When a Club owes two (2) or more draft selections in the same round, the signing Club does not elect the years in which such selections shall be awarded to the Prior Club; rather, the selections
next available will be transferred to the Prior Club (i.e., a Club that owes two (2) selections has them available in the next two (2) drafts – that is when they are transferred).
The compensation chart is as follows:
OFFER SHEET COMPENSATION
$1,110,249 or below None
Over $1,110,249 to $1,682,194 Third Round
Over $1,682,194 to $3,364,391 Second Round
Over $3,364,391 to $5,046,585 First Round and Third Round
Over $5,046,585 to $6,728,781 First Round, Second Round, and Third Round
Over $6,728,781 to $8,410,976 Two First Rounds, Second Round, and Third Round
Over $8,410,976 Four First Rounds
However, the term/compensation would have to be crazy for them to be able to use the offer sheet and get around the "next draft" requirements of all compensation under the "Over $6,728,781 to $8,410,976 Two First Rounds, Second Round, and Third Round" or "Over $8,410,976 Four First Rounds" categories. Therefore, unless the NHL give the Devils their pick back, it's not really a threat to us for Stepan.
EDIT: CBA is available at the NHLPA website if you'd like to review:
Last edited by azrok22: 07-11-2013 at
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