Originally Posted by Pengwin7
So - does the player still get their money?
Or is their some NHLPA pot involved?
(I honestly still don't get it)
Who would be some likely examples?
I assume the buy-out will still have the same rules as before. The team has to pay out 1/3 of the total remaining salary if the player is young enough, otherwise it's 2/3 of the remaining salary. Let's say a player has 15 million bucks left on his contract and he gets bought out. That's 10 million dollars that won't count against the team's salary cap. Not even the cap savings will count against it, like normal buy-outs. The player gets those 10 million since that's 2/3 of the total remaining 15 million dollars. Those 10 million in turn count against the player pool of salary that is counted towards the total league revenue for escrow and whatnot, which means that it's 10 million less for all other players to make that year.
At least that's my take on it.