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Old 06-17-2015, 11:01 AM   #22
sureLoss
Some kinda newsbreaker!
 
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Join Date: May 2004
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Quote:
Originally Posted by Ashasx View Post
Without cap penalties? Is that possible?
Yes if both the player and team want to get out of the contract it is possible. Petyr Sykora was demoted to the AHL by the Wild in 2010 and refused to report so the contract was terminated

http://www.startribune.com/sykora-as...c%3A_Yyc%3AaUU
Quote:
Sykora, 33, who’s been away from the team since being placed on waivers Jan. 19, was officially assigned to the Houston Aeros today.

However, Sykora has officially declined to report. The two sides have mutually agreed to terminate his contract, and once approved by the NHL in the next day or two, Sykora will immediately become an unrestricted free agent .

In essence, Sykora will be free to sign with any team before the March 3 trade deadline and the Wild will be free of the remaining $600,000 or so of Sykora’s contract and salary-cap hit.

But it is very rare thing to happen, as the player usually wants the remaining money owed to him or at least a buyout. But in Lecavalier's case it sounds like he may just want out of Philly.
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