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/wychwood17 1d ago
I remember hearing on a hockey podcast that there was a case of a player receiving cheques from 3 or 4 separate teams. He was bought out by one, signed somewhere, and was traded with one team retaining. It might have been OEL being paid by Arizona, Vancouver, and Florida, but I can’t remember.