| Barring
the players rejecting the proposed labor deal, the NHL officially
re-opens for business Saturday.
That
marks the start of a six-day window in which clubs can determine
buyouts and a nine-day period to negotiate exclusively with
their own unrestricted free agents.
Player
agents better be quick learners. They'll be under the gun
just 24 hours after wrapping up their orientation sessions
with the NHL Players' Association in Toronto
IMG's
J.P. Barry is expecting ''one of the busiest summers ever.''
The
union did e-mail agents a 21-page document Monday detailing
most of the transitional and free-agent issues that will affect
their clients this summer. Also included in the document,
obtained by The Canadian Press, is a list of critical dates:
-
July 23: Buyout period begins; also begins the period to negotiate
with 2003 draft picks and teams' own free agents.
-
July 28: 5 p.m. EDT deadline for signing 2003 draft picks
(otherwise they re-enter 2005 draft); deadline for exercising
club/player options for 2005-06 season.
-
July 29: 5 p.m. EDT deadline for player buyouts.
-
July 30: NHL entry draft in Ottawa. Modified version with
only top prospects invited and cut down from nine to seven
rounds.
-
July 31: 5 p.m. EDT deadline to extend qualifying offers to
clubs' own free agents. Qualifying offers are needed to retain
rights of restricted free agents.
-
Aug. 1: Official free-agent signing season begins.
-
Aug. 10: Players notify teams whether they've elected salary
arbitration.
-
Aug. 11: Clubs notify players whether they've elected to bring
them to salary arbitration.
-
Aug. 12: NHL and NHLPA schedule arbitration cases.
-
Aug. 15: Qualifying offers expire automatically.
-
Aug. 22-Sept. 1: Salary arbitration hearings.
But
first thing's first. The players and owners must ratify the
deal. More than 200 players will meet Wednesday evening in
Toronto and resume the next morning before a vote is taken
some time Thursday.
Following
the players' vote, NHL commissioner Gary Bettman and his right-hand
man Bill Daly, the league's executive vice-president and chief
legal officer, will join NHLPA executive director Bob Goodenow
and senior director Ted Saskin for a joint news conference
in Toronto around 5 p.m. EDT.
Then
the league will have its show Friday in New York, a board
of governors meeting slated to begin around 1 p.m. EDT that
will feature a vote on the new deal and a vote on new rule
changes proposed by the newly created competition committee.
The draft lottery, now a live event instead of the original
idea of holding it behind closed doors, will be held around
4 p.m. EDT. Afterwards Bettman will then host another news
conference.
Some
agents have privately grumbled that their counterparts, the
league's 30 GMs, got their crash course over the weekend and
have a step up in learning the long and complicated labor
document. But GMs did not go home from New York with the CBA
in hand. The full document was still being proofread as of
Monday night.
The
21-page e-mail agents got Monday will be the most important
part of knowing how to prepare for this summer. Some other
interesting tidbits:
-
Restricted free agents have until Dec. 1 to re-sign with their
teams otherwise they cannot play in the NHL for the duration
of the 2005-06 season.
-
Those players qualifying for Group 5 unrestricted free agency
- 10 years of pro hockey and making less than the NHL's average
salary - will get to count the 2004-05 wiped-out NHL season
as a year of service. The average salary for determining Group
5 free agency is set at $1.39 million US, which was the 2003-04
average salary reduced by the 24 per cent salary rollback.
-
Unsigned draft picks from 2003 and 2004 can negotiate under
the terms of the old CBA but with the 24 per cent rollback
lumped on. That means 2003 draft picks can earn a maximum
of $942,400 next season - which includes salary, games played
bonus and signing bonus. The maximum for 2004 draft picks
will be $984,200.
-
Any player bought out during the six-day period starting Saturday
cannot re-join his old team under any fashion during the 2005-06
season, not through the waiver wire or a trade.
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