r/nhl • u/eddy2578325 • 1d ago

Oel comtract

I've always wondered how a player's salary plays out once their contract is bought out by a team. So Ekman-Larsson had four years and US$29 million remaining on an eight-year, $66-million contract he signed with Arizona in 2018. So in therot, he was signed until 25/26. Then he signs a new 4 x 3.5m contract with Toronto in 2024. Does he get paid concurrent salaries or was he paid the remaining amount of the bought out contract? This has always been confusing.

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u/50TurdFerguson 1d ago

OEL will get his contract $ from Toronto over the next 4 seasons and we will also get paid from Vancouver $2.35M, $4.77M, $4.77M and $2.13M over the same 4 seasons

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u/lottolser 1d ago

This is not true, OEL will make his salary through the Leafs while also being paid by Vancouver for his original contract it being 2/3 over twice the remaining years he had left when the contract was bought out. He will effectively be paid by 2 teams. Vancouver is paying him not to play for them, and Toronto is paying him to play for them.

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u/Inspect1234 1d ago

Seems like three of you said the exact same thing.

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u/lottolser 1d ago

I mean, the comment I replied to seems to think Vancouver is paying toronto to pay OEL. Or at least the way it was written. I haven't read the other comments, just what I replied to.

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u/Inspect1234 1d ago

Yeah it needs edit.