TRADES / BUYOUTS

June 2nd

 

- Trade session re opens for 2 weeks (June 15th at 11:59PM ET)

- You can buy out players at preferential rates (33% / 66% - see league’s rules) till June 30th, Send us a email. Other months of the year buyout rate is 100%.  Buyouts count toward salary cap and your bank account.

- Salary cap for next season is still not determined, should still be around $70 M, we should have a specific amount on this by July 1st.

- Season 6: we switch from $2M to 1.5M.  All players with a salary of $1.5M or more will automatically be sent the NHL and CAN NOT be sent in the minors anymore.

- We'll most likely use rates from a different source this year.

- Last chance to sign your RFA/UFA (June 15th is the last day- 11:59 PM ET) To keep your rights on your RFA(s), you need to submit at least one contract offer by June 15th, if you don’t, he/they will be become UFA(s).

RETIRED PLAYERS;

34 yo or less, 0%

35 or 36 yo, 50%

37 or older, 100%

Note: careful with you contract offers. Signing bonus will count toward your salary cap. Too many No Trade clauses can tie your hands (Player might accepted to traded after half of the season to specific teams only). You are responsible for all the years on the contract even if a player retires or leave for another league.