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Buy out to resign

Created by: Chabotrrorr
Team: 2020-21 New York Islanders
Initial Creation Date: Jan. 6, 2021
Published: Jan. 6, 2021
Salary Cap Mode: Basic
Free Agent Signings
RFAYEARSCAP HIT
3$7,000,000
2$725,000
UFAYEARSCAP HIT
1$900,000
2$725,000
2$1,500,000
1$700,000
1$700,000
1$700,000
1$874,125
CREATEDYEARSCAP HIT
Ladd, Andrew
1$700,000
Komarov, Leo
1$700,000
Hickey, Thomas
1$700,000
Buyouts
DraftRound 1Round 2Round 3Round 4Round 5Round 6Round 7
2021
Logo of the NYI
Logo of the COL
Logo of the NYI
Logo of the NYI
Logo of the NYI
Logo of the NYI
Logo of the NYI
2022
Logo of the NYI
Logo of the NYI
Logo of the COL
Logo of the NYI
Logo of the NYI
Logo of the NYI
Logo of the NYI
Logo of the NYI
2023
Logo of the NYI
Logo of the NYI
Logo of the NYI
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Logo of the NYI
ROSTER SIZESALARY CAPCAP HITOVERAGES TooltipBONUSESCAP SPACE
22$81,500,000$77,634,958$0$537,500$3,865,042
Left WingCentreRight Wing
Logo of the New York Islanders
$7,000,000$7,000,000
LW
NTC
UFA - 6
Logo of the New York Islanders
$7,000,000$7,000,000
C, RW
UFA - 3
Logo of the New York Islanders
$5,500,000$5,500,000
RW
NTC
UFA - 4
Logo of the New York Islanders
$2,100,000$2,100,000
RW, LW
UFA - 1
Logo of the New York Islanders
$6,000,000$6,000,000
C, LW
NTC
UFA - 5
Logo of the New York Islanders
$5,000,000$5,000,000
RW, LW, C
UFA - 4
Logo of the New York Islanders
$725,000$725,000
LW
UFA - 1
Logo of the New York Islanders
$5,000,000$5,000,000
C
NTC
UFA - 6
Logo of the New York Islanders
$3,500,000$3,500,000
RW
UFA - 2
Logo of the New York Islanders
$1,500,000$1,500,000
LW, RW
UFA - 4
Logo of the New York Islanders
$3,350,000$3,350,000
C
UFA - 1
Komarov, Leo
$700,000$700,000
Logo of the New York Islanders
$1,000,000$1,000,000
LW
UFA - 2
Left DefenseRight DefenseGoaltender
Logo of the New York Islanders
$1,600,000$1,600,000
LD
UFA - 1
Logo of the New York Islanders
$5,000,000$5,000,000
RD
UFA - 2
Logo of the New York Islanders
$5,000,000$5,000,000
G
NTC
UFA - 3
Logo of the New York Islanders
$2,750,000$2,750,000
LD
UFA - 2
Logo of the New York Islanders
$1,450,000$1,450,000
RD
UFA - 3
Logo of the New York Islanders
$2,000,000$2,000,000
G
UFA - 1
Logo of the New York Islanders
$900,000$900,000
LD/RD
UFA - 1
Logo of the New York Islanders
$894,167$894,167 (Performance Bonus$537,500$538K)
RD
RFA - 2
$874,125$874,125
LD
UFA - 1
ScratchesInjured Reserve (IR)Long Term IR (LTIR)
Logo of the New York Islanders
$6,000,000$6,000,000
RD
M-NTC
UFA - 2
Taxi Squad
Ladd, Andrew
$700,000$700,000 ($0$0$0$0)
Logo of the New York Islanders
$700,000$700,000 ($0$0$0$0)
LW
UFA - 1
Logo of the New York Islanders
$725,000$725,000 ($0$0$0$0)
RW
UFA
Logo of the New York Islanders
$803,333$803,333 ($0$0$0$0)
LW
UFA - 3
Hickey, Thomas
$700,000$700,000 ($0$0$0$0)
Logo of the New York Islanders
$700,000$700,000 ($0$0$0$0)
G
UFA - 1

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Jan. 6, 2021 at 2:31 p.m.
#1
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Quite literally illegal
OldNYIfan liked this.
Jan. 6, 2021 at 2:38 p.m.
#2
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Violates CBA
OldNYIfan liked this.
Jan. 6, 2021 at 2:39 p.m.
#3
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Quoting: Bolts_Fan_Dan
Violates CBA


What's CBA?
Jan. 6, 2021 at 2:40 p.m.
#4
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Quoting: Chabotrrorr
What's CBA?

Collective Bargaining agreement. Contract between owners and players making all the rules of contracts player conduct standards and the like.
Jan. 6, 2021 at 2:57 p.m.
#5
NYI
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Quoting: wojme
Quite literally illegal


You know, I don't advocate for any of this, but didn't the Flames do that with Michael Stone? I'm pretty sure they bought him out and then re-signed him.
Funkmastahgi liked this.
Jan. 6, 2021 at 3:13 p.m.
#6
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Quoting: slapshot723
You know, I don't advocate for any of this, but didn't the Flames do that with Michael Stone? I'm pretty sure they bought him out and then re-signed him.

yes they did
Jan. 6, 2021 at 3:19 p.m.
#7
MisstheWhalers
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Too late for a buyout.
Jan. 6, 2021 at 3:24 p.m.
#8
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Quoting: slapshot723
You know, I don't advocate for any of this, but didn't the Flames do that with Michael Stone? I'm pretty sure they bought him out and then re-signed him.


They bought him out in the last year of his contract
Jan. 6, 2021 at 3:32 p.m.
#9
Isles555
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Even if this wasn’t illegal.. you’re literally paying Ladd more money this way
Jan. 6, 2021 at 3:36 p.m.
#10
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Quoting: Isles555
Even if this wasn’t illegal.. you’re literally paying Ladd more money this way


I know
Jan. 6, 2021 at 3:36 p.m.
#11
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Quoting: Chabotrrorr
I know


For 1 year
Jan. 6, 2021 at 3:55 p.m.
#12
Once a Kings Fan Too
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Quoting: slapshot723
You know, I don't advocate for any of this, but didn't the Flames do that with Michael Stone? I'm pretty sure they bought him out and then re-signed him.


I recall the NHL and NHLPA reaching an agreement about a specific exception to the rule for this particular circumstance.
Jan. 6, 2021 at 3:55 p.m.
#13
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There is an amount of time that has to pass
Jan. 6, 2021 at 4:01 p.m.
#14
Just Keep Swimming
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Quoting: Bolts_Fan_Dan
There is an amount of time that has to pass


Quoting: OldNYIfan
I recall the NHL and NHLPA reaching an agreement about a specific exception to the rule for this particular circumstance.


Quoting: Isles555
Even if this wasn’t illegal.. you’re literally paying Ladd more money this way


Quoting: wojme
They bought him out in the last year of his contract


Quoting: wojme
Quite literally illegal


For some reason this a popular myth on the site.
CF confirmed that there is no rule preventing a team from signing a player they have bought out. The only time that rule applies is for compliance buyouts.
It is however too late to make a buyout for this season. Can only be done in a specific window.
Jan. 6, 2021 at 4:12 p.m.
#15
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Quoting: Random2152
For some reason this a popular myth on the site.
CF confirmed that there is no rule preventing a team from signing a player they have bought out. The only time that rule applies is for compliance buyouts.
It is however too late to make a buyout for this season. Can only be done in a specific window.


Show me the validation to cf saying that you can sign a player right after buying them out with multiple years left on the contract.
Jan. 6, 2021 at 4:15 p.m.
#16
Just Keep Swimming
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Quoting: wojme
Show me the validation to cf saying that you can sign a player right after buying them out with multiple years left on the contract.


Show me the rule that says you can't. Stop perpetuating false narratives

 
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