Quote:
Originally Posted by MrMastodonFarm
They surely can. NHL teams have the ability to walk away in Player-Elected Salary Arbitrations.
|
only if the salary awarded is higher than 3.5 million, otherwise they can't:
If a player elects arbitration, the club may actually choose to walk away from the award and make the player an unrestricted free agent under certain circumstances. For one, the arbitration award has to be $3.5M per year or more. As with every other number like this, the $3.5M figure will index annually at the same percentage as the League Average Salary changes.
If it's a one-year election, the player becomes an unrestricted free agent immediately. If it's a two-year election, then the walk-away actually turns that into a one-year contract at the end of which the player becomes a UFA.
As long as the club has a walk-away right, they have 48 hours after the end of all their arbitration hearings to elect to walk away from a player. The amount of walk-aways a team may carry out in one year depends on how many players take them to arbitration.
http://www.wingingitinmotown.com/201...tion-boolsheet