The only situation where you can't trade is a player relates to offer sheets (other than NTC/NMCs).
If a RFA is signed to an offer sheet by another club, the home club has the opportunity to match the offer or receive draftpick compensation. If the home team matches the offer, they cannot trade that player for 1 year.
In arbitration, once the arbitrator decides the contract amount, the home club can sign the contract for the decided amount or refuse and the player becomes a UFA (without compensation).
ok so your saying that they can accept the ruling and then trade him after no problem?
if so they should just match it regardless . That way if they keep him good and if they find a good deal later they can get some value back
Well, if the award isn't ridiculous, having Zherdev under contract seems like a marketable asset. Nick, by the way of his most recent interview, seems like the NHL is his priority.
It all depends on the Jiri Hudler ruling by the IIHF. After Alexander Radulov, there was a handshake agreement to not poach players under contract. If the IIHF certifies Hudler's move to the KHL, Zherdev under contract might not be worth anything.
Until the start of the season, a club has the opportunity to be 10% above the cap.
When all is said and done, walking away from the Zherdev award seems like terrible asset management.
It probably depends on what the arbitrator awards in salary. At $3.25 MM there's probably a pretty good market for Z. If he gets $4MM plus at arbitration, the market will be a lot smaller. And the higher the award, the better the chance that the Rangers walk away completely. The problem is that other teams know the higher the award, the greater the chance the Rangers walk. The player cannot walk since he requested arbitration. The Rangers have 48 hours to bail once the award is published.