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I like option #1 but did not mind the 50% buyout for retired players. Teams should be responsible for the players they sign. I just didn't really think that teams should be forced to keep a player on there main roster if they are playing overseas. They will have to keep them on the roster anyway unless they are in the last year of their contract.
I just didn't really think that teams should be forced to keep a player on there main roster if they are playing overseas. They will have to keep them on the roster anyway unless they are in the last year of their contract.
Basically I am hoping a reduced rate will be more appealing. Here are two proposals to the rule. Please vote on one of the following.Option 1:A) Retired Players Under ContractIf a player retires and they are still under contract, they still have to be compensated. They would be owed 25% of their remaining contract. Therefore is Nicklas Lidstrom retires and has a contract of $5.0m (2013-14, 2 more years), would then be owed $1.3m x 2 years. This could be paid out all in one year or up to the max of years remaining on the contract.If a player retires in majors or minors they must be compensated under this rule. The player can not be left on roster, they must be paid their 25% compensation at time of retirement.B) Players Moving LeaguesThey follow the above rule as well except that the GM can choose to keep the player in case they decide to come back to the NHL. These players may also be waived to the minors if in the last year of their contracts.Option 2:A) Retired Players Under ContractIf a player retires and they are still under contract, they still have to be compensated. They would be owed 50% of their contract for the year they retire and be tracked under the buyout part of the roster pages. Therefore if a player who is making 4m (2011-12) retires they would be owed 2m for 2011-12. If the players contract is 4m (2012-13), they would still be owed 2m for the length of their contract ex. 2.0m (2012-13).If in the last year of their contract, they can be waived to the minors at a reduced rate. 25% of their contract cap will apply to the major league roster and 75% to the minor league roster.Therefore if a player retires with a $4.0m contract (in the last year) could be waived to the minors with $1.0m of their contract counting towards the major league cap and $3.0m to minor league cap. These players could also be bought out at 50% as above to count against the major league cap.B) Players Moving LeaguesThey follow the above rule as well except that the GM can choose to keep the player in case they decide to come back to the NHL.