June 15-30 NHL Contract Buyout Period
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07-08-2007, 01:05 PM
Join Date: Dec 2003
Location: Staples Center
Originally Posted by
Can a player still be bought out by his team? or is there only say a 2 week period where teams can buy out players?
There is a second buyout period which begins for a team on the third day after their last arbitration settlement/award. This period lasts for 48 hours. (Exhibit 1, Paragraph 13.c.ii) It is called Ordinary Course Buy-outs Outside the Regular Period. To use this buy-out, a team must have more than 1 arbitration case.
However, a team is only allowed 3 of these buyouts during the course of the CBA. (Article 11.18)
Last edited by No One: 07-08-2007 at
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