Islanders: Trading big contracts just became more difficult
The new CBA makes cap clearing trade more difficult for the New York Islanders.
There’s a new six-year CBA being set to be voted on along with the NHL’s Return to Play Plan as early as Monday. there have been some interesting items in that new CBA that will affect the New York Islanders. We already know about the Sorokin wrinkle. But now it seems like trading away a big contract will be harder.
Along with a list of new items with the new CBA agreement, it sounds like trade protection will follow a player to their new destination.
Previously, if trade protection was waived the new team had a choice on whether to accept the trade protection or not. Nashville did that with P.K. Subban when they acquired him from the Montreal Canadiens and it allowed them to move him to New Jersey a few years later.
But with that option now gone, it will make it more difficult to move a guy like
Issues Moving Ladd
Here’s how Elliotte Friedman surmised the new rule as he broke down the new items for this CBA:
"• No-move and no-trade clauses now travel with a player who has agreed to lift one, even if they haven’t kicked in (previously, the acquiring team had to agree)."
As I said, that could be an issue when trying to move Andrew Ladd’s contract. Not only does his deal carry a $5.5 million cap hit, but the new team also has to pay another $6 million in signing bonus money, and the deal lasts for another three seasons beyond 2019-20. Now add a modified 15-team no-trade list for those three years as well?
Trading Ladd was already a difficult task that was just been made more difficult for Lou Lamoriello.
The same can kind of be said for Johnny Boychuk and his modified no-trade clause that has an eight-team trade list (meaning he can only be traded to eight teams he selects).
While Boychuk has more value than Ladd on the trade market, two years with an eight-team trade list would be unappetizing for another team. At least one of his two $1.25 signing bonus payments have already been met.
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It makes sense as to why the players wanted this. They negotiated these trade protections for a reason they don’t want to see them go when they waive them to move once.
But for the Islanders, it adds an interesting wrinkle into the plans to move some of their contracts off the books.