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JM_

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JM_ last won the day on September 9 2022

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  • Birthday 10/09/1970

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  1. JM_

    JM_

    Can someone on waivers for a buyout stop being claimed if they have a NTC?

    1. Show previous comments  4 more
    2. JM_

      JM_

      thanks Peachy 

    3. Chickenspear

      Chickenspear

      @peaches5 That would be the NMC, Loui has a M-NTC. From CapFriendly:

       

      What is a Limited, or Modified No-Trade Clause (M-NTC)?

      A limited, or modified no-trade clause (M-NTC) is less restrictive than a full no-trade clause (NTC), and can be added to a player's contract in the years after they are eligible for Group 3 Unrestricted Free Agency (7 Accrued seasons or 27 years of age), and has the following properties:
      • The player's contract includes specific terms in respect to being traded without their consent where the player must:
        • In a specified timeframe or window:
          • Specify a pre-determined number of teams the player would be willing to be traded to, or:
          • Specify a pre-determined number of teams the player would not be willing to be traded to
      • Consent is not required to be placed on waivers
      • Consent is not required for assignment to the minors
      • Player is not exempt from a buyout or contract termination
      • The clause can travel with the player even if he consents to being traded or is claimed on waivers
        • This requires that the acquiring team sign an addendum to the contract ensuring that the clause does in fact travel with the player (written by the player's agent)
        • If the acquiring team refuses to sign the addendum, and the player waives his clause anyway, at that point the clause may be nullified
      • If the player is traded before the clause takes effect, the acquiring team can opt to void the clause
      Example: Modified No-Trade Clause: Within 48 hours of request, the player must submit a list of 18 teams they are willing to be traded to without consent. If the list is not received within 48 hours, the player can be traded to any team without consent.
       
    4. CanuckinEdm

      CanuckinEdm

      you only save 333,333 this season and 2,333,3333 next then add 666,667 for 2 more seasons i cant see them buying him out. if they stick him in the minors they save 1,075,000 this and next season and then they are done with him.

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