from Elliotte Friedman of CBC,
One of the biggest issues the NHL wanted to address in any new CBA was long-term, Kovalchuk-esque contracts. The NHLPA did address these in it slatest proposal, but it was hard to find an exact example.
So, here's some clarification.
What the players offered was a rule that would require teams to take any "cap benefit" gained and charge it against their own cap. (There is also an option for clubs to spread it over twice the number of remaining seasons in the offending contract. So, if the player retires with two years left, the proposal allows the team to apply the penalty over four.)
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