After playing at Harvard for four seasons and winning the 2016 Hobey Baker Award as the NCAA's top player, Vesey could have signed with the Nashville Predators, who selected him in the third round (No. 66) of the 2012 NHL Draft. He could have signed with the Buffalo Sabres, who traded a third-round pick for his rights. He didn't, and that's his prerogative.
Under the collective bargaining agreement between the NHL and the NHL Players' Association, teams have a little more than four years to sign college players or lose their rights. As of 12:01 a.m. Tuesday, Vesey was free to sign with the team of his choice to a two-year entry-level contract with a base salary of $925,000 and a maximum of $2.85 million in bonuses, creating an unusual dynamic.
This was a rare opportunity for teams to add an NHL-ready player on a salary-cap-friendly contract without giving up an asset. But because they all would offer the same contract, they would have to separate themselves from their competition in the recruiting process, and so Jimmy Vesey might as well have been Wayne Gretzky.
"It's pretty well-documented that a real good player on an entry-level contract, every team needs those guys," Rangers general manager Jeff Gorton said. "That's going to help you in a salary-cap world. Obviously, that's a part of it. But at the end of the day, he's a really good player that becomes a free agent. Every team's going to want to try to go for something like that."