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Old 02-06-2014, 08:27 PM   #11
sureLoss
Some kinda newsbreaker!
 
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Join Date: May 2004
Location: Learning Phaneufs skating style
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Quote:
Originally Posted by dammage79 View Post
Can a team retain salary on all trades they make or is there a set amount. Like one trade only?
1. Teams can only have three contracts on the books where they’ve retained salary in a trade

2. Teams can keep only up to 15 per cent of the salary cap in a given year, meaning they would max out at $9.645-million under the $64.3-million cap that’s likely to be in place in 2013-14 and 2014-15

3. Only 50 per cent of a contract can be kept

4. A contract can only be traded in one of these deals twice

http://www.theglobeandmail.com/sport...rticle7033878/
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