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NHL, NHLPA change buyout rules

Tuesday, 01.15.2013 / 6:42 PM / News

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NHL, NHLPA change buyout rules
The National Hockey League and the National Hockey League Players' Association on Tuesday agreed on a change in compliance buyout rules, allowing teams to buy out player contracts prior to Saturday.

The National Hockey League and the National Hockey League Players' Association on Tuesday agreed on a change in compliance buyout rules, allowing teams to buy out player contracts prior to Saturday.

In the new Collective Bargaining Agreement agreed to recently by the NHL and the NHLPA, clubs were permitted two "compliance" buyouts to take place during the 2013 and/or 2014 offseasons in order to ease the transition to a lower salary cap.

The new agreement allows teams to use one of those compliance buyouts prior to the start of this season. However, the player's full salary for the 2012-13 season still would count against the team's cap.

Players that are bought out will become unrestricted free agents, eligible to sign with any team.

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We want to make sure that whoever makes our team really makes our team by earning it and not putting them in situations where they get preference because of their status as a first-round pick or whatever it might be. That's not going to happen. Everybody has to earn their way on our team.

— Columbus Blue Jackets general manager Jarmo Kekalainen on the team's prospects at development camp