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New NHL fan - Question on contracts

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Old
10-20-2005, 06:57 PM
  #1
BroadwayMike
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New NHL fan - Question on contracts

Hello all,

I am a new fan. Have a question as to how contracts are structured in the NHL? Can you:

1) Cut a player and just have to take a salary cap hit, like NFL.
2) or are you unable to cut a player for salary cap relief.

How does that work? What are the salary cap ramifications for cutting a player?

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Old
10-20-2005, 07:26 PM
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Sens Rule
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Quote:
Originally Posted by BroadwayMike
Hello all,

I am a new fan. Have a question as to how contracts are structured in the NHL? Can you:

1) Cut a player and just have to take a salary cap hit, like NFL.
2) or are you unable to cut a player for salary cap relief.

How does that work? What are the salary cap ramifications for cutting a player?
No and No

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Old
10-20-2005, 09:43 PM
  #3
les3couleurs
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Contracts are guaranteed, if you wanna cut a player, you have to pay him 2/3 of his salary for the lenght of the contract and it counts against the cap. There was a grace period after the lockout ended to cut players while still paying them 2/3, but not counting against the salary cap. A couple of teams used it, most notably the Flyers and Red Wings.

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