its not a loophole.
the CBA explicitly says that unsigned college players are UFAs after 4 years...same with European leagues with a transfer agreement with the NHL.
I believe the KHL is the only league that player's rights can be held indefinitely.
It's a pretty rare occurrence for an elite talent like Fox not to be signed...typically teams entice college guys by basically giving them 'one year free' on a late signing, like Gaudreau, whom I believe got paid his first year, even though he only played a few games with Calgary...
That's a loophole.
What Fox did, or guys like Lombardi, Stoll and Craig Andersson did was essentially the same...didn't sign in two years and went back into the draft. Also not a loophole
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