We are now halfway through the draft and free agency is sort of close, so I was wondering if there was a maximum number of years we can sign a guy to?  Are we going to allow some DiPietro contracts of 15 years or have a max number?

If I select a prospect and put him in my minor league roster, will I still take a 200k cap hit?

Yep, I am pretty sure all the prospects carry a 200K cap hit.

Prospect Contracts
To simplify things, all prospects (under 40 NHL games played) will inherit $200k/yr contracts.  Prospect contracts are eternal, they will always make $200k and no extension is required.  The contract lasts for two years after the point they accumulate 40 NHL games played.  They may accumulate this over multiple years, but the two year rule does not take effect until the year they actually hit the accumulation threshold.  A player becomes ineligible for a prospect contract when that player is released from a prospect contract that had its two year clock already start.

Example:  Prospect X plays his 40th game in January of 2011.  His prospect contract would now take him through 11/12 and he will need to be extended to a normal contract for the 12/13 season.

I will throw 2 bucks in just for the fact that this league had me talking and thinking about hockey in July.

With the 10th pick in round 3 Philadelphia selects Pascal Dupuis, LW,  $1.5m(2012-2013)

Even in fantasy hockey the Flyers can't help but pick apart the better Penguins squad.

Hurricanes pick with their 3rd Round 5th pick   Erik Karlsson    D     1.3m      11/12


That Nino Niederreiter pick was stone cold.  He was my next guy.