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Originally Posted by Hack&Lube
The Flames are also value for the millions they are still paying him on his contract. Not sure if they have to pay him a management salary on top of that though, to keep NHLPA rules kosher.
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Yeah further to MarkGio's point above, they do have an insurance policy and would I believe Smid falls under it, but only 80% of his salary. Found this on HockeyForum:
http://www.foxsports.com/nhl/story/s...surance-062812
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The NHL has a league-wide insurance plan that covers the clubs in case a player suffers a long-term injury or is disabled. After a player misses 30 consecutive games for the same injury, a team can apply for insurance and be reimbursed 80 percent of that player’s salary — a program the Pens could have tapped each of the last two seasons to get back much of Crosby’s salary.
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