Not a silly queston at all. The answer is in CBA section 50.5 (e) (iii) (B):
Quote:
Any and all Player Salary and Bonuses in a Retained Salary Transaction (i.e., the actual amounts paid to a Player in the remaining years of the SPC) shall be allocated between the two Clubs participating in the Retained Salary Transaction on the same percentage basis as the allocation of the Averaged Amount and such percentage cannot be altered from year to year. The Player shall be paid by the Club for whom he is playing (or most recently played for) when such payment is due.
Illustration: Club A agrees to Trade a Player to Club B and agrees to retain thirty (30) percent of that SPC's Averaged Amount (i.e., Club A's Averaged Club Salary in each of the remaining years under that SPC shall include 30% of the Player's Averaged Amount in each of the remaining years under that SPC). Club A shall also be responsible for reimbursing Club B for thirty (30) percent of the Player's Player Salary and Bonuses in each of the remaining years under that SPC.
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So the team that retained salary sends the money to the player's current team, and that team then pays it to the player.
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‘You see in Calgary, [Ryan] Huska is no joke. It’s good. He’s really set on a specific model defensively. If you can be reliable, you have the freedom to play offence.’
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