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I just don't see why it would be tied to contract length. It was put in purely to stop top teams from trading picks for getting giant lump sum cap relief making the salary cap non-existent. Otherwise it could just be worded "When trading a player(s) a team can retain only up to 100% of the contract(s)" and eliminate the idea of cash trades all together. Just my two cents. I'll wait for Rob to rule now. Yeah the idea is to resign Couturier after this season, but can't as I'd be over the cap since a resign kicks in immediately. Having Cho resign Couturier then trade eats up more of their cap space this year.
If it wasn't tied to contract length, then someone could trade a $6m contract expiring this year and agree to trade $5m in cash for the next 5 years, or 10 or 15. What's the limit if it's not tied to a contract?
I also don't think money can be traded like that independent of an active contract. I'm waiting for Rob to weigh in before voting.
I know I can't enforce it, but my approval is (would be) based on PIT re-signing Couturier at seasons end. If they're not re-signing Couturier, it just means PIT has $2m more in cap space than the rest of the league to work with for the next 4 seasons.(Again, the easy way around that would have been for NYR to re-sign Couturier and then pay a bit more salary on him this season).