Kukla's Korner Hockey
by Paul on 04/21/14 at 01:02 PM ET
from Luke Fox of Sportsnet,
The second and final window for the NHL clubs to use their amnesty buyouts will begin the later of June 15 or 48 hours after the 2014 Stanley Cup final concludes. The buyout window slams shut for good at 5 p.m. ET on June 30. Bought-out players become unrestricted free agents and can sign with a new club on July 1.
Each team was granted two compliance buyouts to use either last summer or this one, a clause embedded in the new CBA to provide some previously spend-silly GMs with a mulligan. Or two. Some teams have already hinted at their intentions publicly; others are remaining tight-lipped and will work the trade phones until they’re left with no other options.
In order to be bought out, the player must not be injured, however. He must also pass through waivers, although that is more a matter of formality since no one is jumping to pay Ville Leino what the 2011 Sabres are. Important to note that a player cannot re-sign with the same club that bought him out until a full calendar year passes.
Here, in brief, is what we know about where your favourite team stands on using its buyouts before the window closes.
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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.
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