Kukla's Korner Hockey

Kukla's Korner Hockey

Update On Compensation For Hiring A Coach Or Executive

04/20/2015 at 6:06pm EDT

from Pierre LeBrun of ESPN,

An update on a blog I wrote a few weeks back about team personnel compensation:

There has been confusion in NHL circles about where exactly fired coaches/executives fit into all this if they remain under contract.

The initial explanation on this I got from someone in the know was that he thought if you were fired, even if still under contract, that the team in question did not qualify for draft pick compensation from the team hiring the fired person. It is also what most team executives I had spoken with thought.

However, NHL deputy commissioner Bill Daly, who authored the memo on this, told ESPN.com Monday that for coaches, general managers or presidents of hockey operations who are fired but remain under contract, their teams are privy to draft pick compensation if they choose to pursue it.

But the team can also waive the draft pick compensation if they want, Daly said.

continued

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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.

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