Tuesday, July 19, 2005

No Buyout Workaround

Many teams will be buying out the contracts of their high priced players who are not worth so much money in the new economic environment of the NHL. They have a limited amount of time to do this, and players will not be able to resign with their former teams once they are bought out. This means there will be no restructuring of contracts. You either play for the team you have a contract with at your current salary level (with the 24% rollback of course) or you get bought out and sign somewhere else.

People have suggested on the Hockey's Future forums a possible workaround to this. Why don't teams buyout players, have those players sign with another team, and then just get those players back in a trade? Teams could agree on the deal before anyone is bought out and GM's could work together to get around the CBA. Well, this will not be allowed. Once a player is bought out by a team, they will have to wait a full season before returning to that team, even through a trade or the waiver wire.