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Originally Posted by Iowa_Flames_Fan
Again, my view is that it doesn't matter because the exemption follows the player--but no, by Flash Walken's logic he would first be exempt as a member of Colorado's RFA list, and then he would be exempt as a member of Calgary's reserve list.
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No, he would be on Colorado's Reserve List, and if his rights were traded to Calgary, would be on their reserve list.
The difference here is that he was signed as a free agent by the Calgary Flames. There may be some restrictions on the process, but this wasn't a trade or waiver claim and needs to be treated the same way. This was a free agent signing and is thus subject to the spirit of the rule (and in my opinion, the way it is written as muddy as it may be), which is to prevent teams from signing players playing in european leagues after regular season play has begun, exactly the case with O'Reilly.
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]No, only players who get the exemption in the first place: that is, players that are currently on a club's RFA or reserve list. True "free agents" playing overseas would not be able to be signed without being passed through waivers according to Rule 13.23.
I'm no expert in CBA matters--but this, to me, is how the text of the rule reads.
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O'Reilly in this instance is a 'true free agent' in that he is free to negotiate with any other team for any number of unique contracts. The Flames signed him as a free agent.
The only difference here is the league has a specific way of dealing with this particular type of free agent in terms of compensation. That's it.