The team can choose two options- release the player, pay him his $4mm salary and the $4mm counts against the cap or they can buy him out (in all likelihood they don't release him, but send him to the AHL- they still pay his $4mm salary but it doesn't count...
3 Answers · Sports · 21/06/2015
... that it matters but his contemporaries in the NFL, NBA and MLB all have similar contracts.
6 Answers · Sports · 09/08/2014
Renegotiations are not permitted per the CBA (they're weren't allowed under the previous CBA either). The compliance buyouts are for teams to get under the cap.
3 Answers · Sports · 28/06/2013
...will be summed and the total must be between the floor and the cap. All contracts must be approved by the NHLPA and the NHL before they ...
1 Answers · Sports · 23/06/2013
...people out there who think that if a TV network offered the NHL an NFL style contract on the condition there was no fighting, the NHL wouldn't drop...
5 Answers · Sports · 20/01/2013