^^^
I believe the player can still negotiate with any other team in the league too. As soon as a team, or player select arbitration, the player can no longer negotiate directly with other teams.
Gaudreau was a unique case because by burning the first year of his ELC with one game, he had no arbitration rights, and other teams could not sign him to an offer sheet. So he had no leverage outside of holding out at the time.
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"Some guys like old balls"
Patriots QB Tom Brady
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