Coyotes Get Screwed by Confusing NHL Technicality
PUBLICATION
Joseph Agosti
June 16, 2023 (10:58 PM)
The Vancouver Canucks bought out struggling D-Man Oliver Ekman-Larsson on Friday, ending a tumultuous BC tenure.
The veteran rearguard struggled in his two years in Vancouver, a\continuing a worrying trend from his last years in Arizona. This move was widely expected in Vancouver, as OEL was no longer worth his price tag.
The Canucks will be on the hook for a hefty price for the next eight years
The Arizona Coyotes are hit by this news too, as an obscure rule is impacting their ability to retain salary.
NHL teams are only permitted to retain salary on three contracts, but because of this rule they now lose a slot due to the Canucks buyout of OEL.
Without this tool the 'Yotes have lost a valuable way to gain resources for their rebuild. The main reason the Coyotes got such a haul for OEL in the first place was because they retained 12% of his salary (the Canucks sent the 9th pick in the 2021 draft for OEL the pick turned into
Dylan Guenther).
Now they can't do that, limiting chances for extra draft picks.
The Coyotes are also on the hook for $290,000 per year for eight years, which hurts a team strapped for funds.
Previously on HouseOfHockey
| POLL |
JUIN 16 | 92 ANSWERS Coyotes Get Screwed by Confusing NHL Technicality Does this tarnish OEL's NHL legacy? |
| Yes | 52 | 56.5 % |
| No | 40 | 43.5 % |
| List of polls |
|
7 hours ago | By Jack Sutherland 'He Doesn't Really Care About No-Moves': Rangers GM Chris Drury Reportedly Eyeing $68 Million Trade |
|
9 hours ago | By Jack Sutherland Montreal Canadiens Linked to Future Hall of Famer Steven Stamkos by Top Insider |
|
10 hours ago | By Jack Sutherland Easton Cowan Comments on Scoring First NHL Goal With John Tavares on His Side |
|
11 hours ago | By Tom Banks The Unbelievable Cost for the Sabres to Extend Alex Tuch Revealed by Elliotte Friedman |
|
13 hours ago | By Tom Banks Evgeni Malkin Punished by the NHL Department of Player Safety |
|
14 hours ago | By Tom Banks Connor McDavid Defends Controversial Teammate Evan Bouchard in Postgame Interview |
|
14 hours ago | By Tom Banks Maple Leafs Update Chris Tanev's Status After Chilling Scene Last Night |
|
18 hours ago | By Jack Sutherland Longtime Maple Leaf David Kampf Steps Away From Hockey, 'Pondering His Future' |