Marco Scandella Confirms Retirement
September 2025: Nearly a year after telling reporters he was retired, Scandella has evidently filed his retirement paperwork. The Blues made an announcement today confirming his retirement.
October 2024: St. Louis Blues defenseman Marco Scandella has retired from his pro playing career, sharing as much with Matthew DeFranks of the St. Louis Post-Dispatch. Scandella attended the Blues’ morning skate on Saturday, visiting old teammates and affirming to reporters that he’s taken to traveling with his newfound free time. He last played in the final game of St. Louis’ 2023-24 season, though his year as a whole would be limited by routine healthy scratches. Scandella totaled eight points in 65 games in what is now his final season.
St. Louis acquired Scandella from the Montreal Canadiens in 2020, sending a 2020 second and 2021 fourth-round pick the other way. Those picks turned into prospects Jack Finley and William Trudeau, respectively, while Scandella pursued a five-year career in St. Louis. He appeared in 215 games over that span, stepping in as a stout two-way option down St. Louis’ depth chart. However, Scandella was never a prolific scorer with the Blues, reaching a career high of 24 points in 49 games during the 2020-21 season.
The Blues were one of four teams to host Scandella during his 14-year NHL career, which began with the Minnesota Wild in the 2010-11 season. He played in 20 games and recorded just two assists in his first season, impressing enough with his abilities off-puck to earn 63 games in a routine top-pair role in the following year. Unfortunately, his rise to a prominent lineup role would be coupled with the first long-term injuries of his career.
He’d be limited by finger injuries, concussions, and groin injuries through his first three pro seasons. He kicked the injury bug in 2013 and became one of the most consistent parts of Minnesota’s lineup until a 2017 trade to the Buffalo Sabres. Scandella continued to serve as a low-scoring, high-responsibility defender in Buffalo, even serving as the team’s top defender in the 2017-18 season. That was a career year for Scandella, marking the only time he appeared in all 82 games of a season. He’d record 22 points, one shy of his career-high set in 2015, while averaging over 23 minutes of ice time.
Scandella’s role would decline every year after his peak with the Sabres, save for a 70-game season with the Blues in 2021-22. He played through his age-33 season, totaling 170 points in 784 games and 42 points in 96 AHL games. His career was marked by diligent and responsible defense, which could be enough to earn Scandella a coaching career down the road.
Changes To LTIR Will Take Effect For 2025-26, Other CBA Changes Moved Up
A handful of changes outlined in the CBA extension and new Memorandum of Understanding that were ratified over the summer will go into effect earlier than expected. While the full extent of the agreement won’t take effect until the current CBA expires on September 15, 2026, some of the new rules and regulations in the new agreement will have an effect on league operations for 2025-26.
Chief among them is the major overhaul to long-term injured reserve, PuckPedia and Frank Seravalli report. The new playoff salary accounting rules and in-season LTIR relief rules will cover the 2025-26 regular season, not 2026-27 as initially planned.
In the past, teams have routinely benefitted from having a high-priced player on LTIR for either the entire season or a significant portion of it late in the year, allowing them to replace their cap hit before getting the injured player back for the postseason. That allowed teams to ice playoff gameday rosters that had combined cap hits well over the regular-season upper limit.
Now, prior to each playoff game, teams will need to submit their roster of dressed players (not including scratches or injuries) to the league. The combined cap hit of that roster, plus any dead cap space like buyouts or retained salaries, must be at or under the preceding regular season’s upper limit. For players on 35+ contracts, entry-level deals, or other contracts eligible to include performance bonuses, those bonuses will not be incorporated into playoff cap-counting calculations, per PuckPedia.
The only mathematically complex portion of the new playoff cap situation will be regarding players involved in retained salary transactions. From PuckPedia directly:
For the team that retains cap hit, the retention is pro-rated based on the remaining regular-season days at the time of transaction (e.g. if a team retains 25% of a player’s salary in a transaction, the 25% charged to the retaining team is pro-rated. If that retention occurred halfway through the season, the retaining cap would have a playoff cap hit equal to 25%*50%= 12.5% of the full cap hit). Note that the team that receives the retained player does not have their cap hit pro-rated for the portion of the season the player was on their roster.
For in-season LTIR, the changes are simpler. Teams still have the ability to optimize their captures, but the total relief amount that an LTIR pool can hold will now be limited to the previous year’s average salary. For 2025-26, that means teams can only create up to $3,817,293 in flexibility via LTIR, regardless of the total amount of cap hit a team has on LTIR.
There’s one key exception to that rule – if an LTIR-bound player is expected to miss the entire season, the team can still take full advantage of their cap hit. The league needs to approve each scenario, and the LTIR-bound player in question would then be ineligible to play in the postseason regardless of their health.
That means teams like the Golden Knights and Blues, who are expected to use Alex Pietrangelo‘s and Torey Krug‘s long-term injuries to stay cap-compliant via LTIR placements, won’t be affected by this change since those players are not expected to resume their careers, at least not this season. Meanwhile, the Panthers will now only be able to unlock that $3.82MM in flexibility compared to the $4.5MM they’re currently projected to need with Matthew Tkachuk expected to begin the season on LTIR with a target return date in January.
Here are the other elements of the CBA extension that will now take effect this season, per PuckPedia and Seravalli:
- Contracts with deferred compensation will be outlawed beginning Oct. 7 (the first day of the regular season)
- No more “paper transactions.” When a team assigns a player to the AHL, they must play one game for their respective affiliate before becoming eligible for an NHL recall.
- Double salary retention on a contract can no longer occur simultaneously. A contract can only be involved in a second retained salary transaction 75 regular-season days after the preceding one, eliminating the possibility for three-team trade deadline deals to effectively allow a team to acquire a player at 25% of their initial salary.
- Teams can bypass the NHL-CHL transfer agreement and loan one 19-year-old player to their AHL affiliate who would otherwise be required to stay on the NHL roster or return to juniors.
- The limit of four post-trade deadline standard recalls is expanded to five, although only four of those players can be on the roster simultaneously.
- Teams can no longer implement a dress code for players.
- Players may now endorse wine and spirits.
There will also be a slate of new rules that will take effect for the 2026-27 season but before the new MOU goes into effect on Sep. 16, per PuckPedia. Those are as follows:
- Changes to drafted player rights retention will take effect for the 2026 class (uniform expiry at age 22, regardless of league). Russian players remain exempt and their rights are held indefinitely by the team that drafts them.
- Increases to maximum minor league compensation on entry-level contracts.
- Increases to NHL league minimum salary, which will jump from $775K in 2025-26 to $850K in 2026-27.
- Mandatory neck protection rules begin July 1, 2026.
- Removing additional entry-level restrictions for European players.
Maple Leafs Sign Dennis Hildeby To Three-Year Deal
Maple Leafs goaltender Dennis Hildeby had spent most of the summer as a restricted free agent, but he finally has a new contract in hand. The team announced Tuesday that they’ve signed their No. 3 option between the pipes to a three-year deal, keeping him in Toronto through 2027-28.
Hildeby’s deal carries a two-way structure through 2026-27 before converting to a one-way deal in its final season, the team said. He’ll carry a cap hit of $841,667 if he’s on the NHL roster.
The 24-year-old is coming off his first season of NHL action. The towering Swede didn’t fare all that well in his six starts, however, logging a .872 SV% and 3.33 GAA with a 3-3-0 record. Only two of those starts were quality ones, and he conceded 4.3 goals above expected in just over 360 minutes of ice time, per MoneyPuck.
Toronto is betting on there still being better days ahead in Hildeby’s development. He was initially draft-eligible in 2019 but was passed over three times before finally being selected by the Leafs in the fourth round in 2022 following a small but stellar first taste of professional action with Färjestad BK in Sweden’s SHL.
After Hildeby became the first player from the 2022 class to sign his entry-level deal, Toronto loaned him back to Färjestad before bringing him to North America at the end of the 2022-23 season. He’s largely remained on assignment to the AHL’s Toronto Marlies ever since, where he has a .909 SV%, 2.53 GAA, six shutouts, and a 37-21-14 record in 73 appearances for the club in the last three years.
Hildeby was an AHL All-Star in 2023-24 and, since he won’t require waivers for another season, is virtually guaranteed to begin this season as the Marlies’ starting option unless an injury strikes down one of Toronto’s NHL tandem of Anthony Stolarz and Joseph Woll in preseason. He’ll be the Leafs’ only real recall option unless they make another addition. Their other goalies under contract, Russians Artur Akhtyamov and Vyacheslav Peksa, are potentially high-ceiling options but are still too early in their development to warrant an NHL look.
Devils, Luke Hughes At An Impasse Regarding Contract Length
Aug. 30th: Speaking directly about the negotiations with Hughes in a recent interview with James Murphy of RG Media, Devils General Manager Tom Fitzgerald was quoted as saying, “Eventually, this will get done. The 11th hour is training camp. Right? A lot of times, a lot of the stuff doesn’t get done until the 11th hour. We’re hoping we can get something done here in quick fashion, and both sides are working hard at it; that’s for sure.”
Although he didn’t indicate that this was something that Hughes’ camp was directly threatening, Fitzgerald did acknowledge the possibility of a holdout, saying, “At the end of the day, when really the only leverage the player has at this point in their career is holding out, that stinks. I don’t think anyone wins, quite honestly, when that happens. So Pat and I are trying hard to get this thing to come to some common ground.”
Aug. 29th: Aside from Mason McTavish of the Anaheim Ducks, defenseman Luke Hughes of the New Jersey Devils is objectively the highest-profile restricted free agent remaining from this summer’s class. Unfortunately, according to Ryan Novozinsky of NJ.com, Hughes is expected to remain an RFA unless heavy concessions are made on either side regarding the length of his next contract.
According to Novozinsky’s report, the Devils are focusing on either a two-year bridge deal or a longer-term eight-year extension for Hughes, while the defenseman is requesting a five-year contract. A five-year contract would walk Hughes into unrestricted free agency after the 2029-30 season, the same time that his brother, Jack Hughes, would also become a UFA.
That would only escalate the speculation this offseason regarding the brothers’ desire to play together at some point during their NHL careers. Still, the eldest brother, Quinn Hughes, would have already signed an extension with the Vancouver Canucks, or joined a different organization via free agency by that time.
Regardless of the contract length, New Jersey has some work to do regarding Hughes’ eventual salary. If the Devils acquiesce to Hughes’ contract length demands, it’s unrealistic to assume he would sign for a $6MM AAV, which would be the maximum salary the Devils could afford at the time being. Theoretically speaking, New Jersey can exceed the upper limit of the salary cap by 10% over the summer months, but it would only kick the can down the road to the start of the regular season.
That’s likely why the Devils are prioritizing a shorter-term bridge deal for Hughes, which will likely become the eventual compromise between the two sides. Hughes could pursue a three-year deal in a few years, aligning his request to become an unrestricted free agent with Jack’s timeframe. New Jersey would certainly like to keep both players in the Garden State throughout their careers, but their negotiating power will be significantly restricted once Luke becomes eligible for arbitration.
At any rate, the clock is ticking for both sides. Training camp is only a few weeks away, and this isn’t something that either side will want to drag into the regular season. Ultimately, one side will have to become flexible so that Hughes can start the year on time.
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Wild Could Reach $16MM Per Year On Kirill Kaprizov Extension
All signs point towards Edmonton Oilers superstar Connor McDavid breaking the NHL’s record for richest contract when he signs his next contract. The Minnesota Wild will be the only team to give Edmonton a run for their money, as they entertain signing superstar winger Kirill Kaprizov to his own contract extension. In their effort to lock up a player capable of 50-goal and 60-assist seasons, Minnesota could end up paying as much as $16MM per season, per Michael Russo of The Athletic on his ‘Worst Seats In The House’ podcast. Russo and co-host Anthony LaPanta agreed that Kaprizov will likely get the contract, and bonus structure, of his choosing so long as the deal is at least five years long.
On the surface, Kaprizov’s stat line is hard to compare to the league’s top echelon. His career-high in scoring sits at 108 points – split between 47 goals and 61 assists in 81 games of the 2021-22 season. He has continued to rival more than 45 goals and 100-point scoring pace over the last three seasons, but has missed routine ice time to a string of injuries. His 2024-25 campaign was cut in half by a lower-body injury that required surgery in January. He finished the year with 25 goals and 56 points – marks that would have put him on pace for a career-high 50 goals and 112 points over a full year.
Had Kaprizov reached those scoring heights this season, he would have become just the 6th player since 2000 to record at least 50 goals and 60 assists in one season. That feat would have put him in company with elite peers, including McDavid, Leon Draisaitl, and Nathan MacKinnon – who have each held the title of highest-paid player at some point in their career. It’s that projection that Minnesota will lean on when negotiating with Kaprizov. There’s simply no arguing his prowess when at full health. Few NHL wingers command play on both ends of the ice quite like Kaprizov, and there’s no doubt that his presence alone is enough to swing Minnesota’s moneyline. Across his 319-game career, Kaprizov has averaged 48 goals and 99 points per 82 games played.
Even with an undeniable superstar ability, it will be tough for Minnesota to award Kaprizov a deal that takes him to age-35 or 36 after missing 63 games over the last three seasons combined – even if he has averaged 102-points per-82 games over those seasons. Minnesota will be stuck between wanting to pave way for their star to stick around, and not biting off more than they can chew. Minnesota will also need to negotiate a new deal with starting goaltender Filip Gustavsson before next summer. Gustavsson could reel in as much as $6.5MM, and has already expressed interest in signing an extension.
The culmination of multiple top contracts set to expire will make Wild general manager Bill Guerin one to watch closely over the next few months. Minnesota is in a stable spot under Guerin’s guide – with a roster that’s seemingly set to stick together for years to come. But the team hasn’t made it past the first round of the postseason since 2015. Kaprizov is a premier talent, and the Wild could face another wrinkle in negotiations should he speculate about the team’s long-term Stanley Cup odds. Young, high-upside forwards like Matt Boldy and Marco Rossi – and a season of good health for both Kaprizov and the Wild as a whole – could go far in convincing the Russian phenom to lock up a career in Minnesota.
Photo courtesy of Nick Wosika-Imagn Images.
Matthew Caldwell, Shawn Thornton Leave Panthers For NBA
Florida Panthers’ team president and CEO Matthew Caldwell is set to leave the organization after 11 years to become the CEO of the NBA’s Minnesota Timberwolves and WNBA’s Minnesota Lynx, per David Dwork of The Hockey News. The report was confirmed by Tim Reynolds of the Associated Press. Additionally, former NHL pro Shawn Thornton announced he will step down from his role as Florida’s Chief Revenue Officer (CRO) to join the NBA’s Atlanta Hawks as a Senior Vice President and Chief Partnership Officer. Thornton joined Florida’s executive staff in 2017.
These moves stand as two major changes to the Panthers’ top level of business management. Caldwell joined the Panthers in 2014, amid some of their darkest years. He quickly took to a litany of responsibilities, and earned a promotion from Chief Operating Officer (COO) to CEO after just two years with the organization. He was 36 at the time. In the boosted role, Caldwell was able to take on efforts that helped to reshape the Panthers from an NHL bottom-dweller to a modern dynasty.
Caldwell played an instrumental role in the formation of Florida’s lauded front office and coaching staff. He supported the team to a franchise record in ticket sales, TV viewership, and sponsorship revenue and led the hiring of then-rookie general manager Bill Zito. Caldwell also supported the sale of local media rights to Bally Sports in 2022, Florida’s arena naming rights to Amerant Bank in 2023, and additional media sales to Scripps Sports in 2024. The trio of deals expanded coverage of Panthers hockey across Florida.
Success in the Sunshine State was only a small part of Caldwell’s career. He graduated from the United States Military Academy at West Point and served five years as a Captain in the U.S. Army. During that time, he oversaw combat operations in Iraq, peacekeeping efforts in Kosovo, and soldier training in Germany. He received numerous accolades for that service. Caldwell turned towards a career on Wall Street after his military duty concluded, taking on the role of Vice President with Goldman Sachs. He also attended the Northwestern University School of Law for his J.D. and MBA degrees. The Panthers cover Caldwell’s accomplishments more in depth on their website.
Now, Caldwell will join the Timberwolves and Lynx on the heels of their sale to Marc Lore and former MLB legend Alex Rodrigues. In doing so, he will continue to sustain an illustrious career that Panthers Owner Vincent Viola knows they won’t be able to replace. Viola told the Associated Press:
There are very few opportunities I would advise him to pursue, but working with Alex Rodriguez and Marc Lore on a global platform like the NBA is at the top of that list… Matt’s impact on our organization has been immeasurable and he leaves with our respect and gratitude
On top of that weight, the Panthers will also lose former bruiser turned proficient executive Shawn Thornton. Thornton played through 14 years and 705 games in the NHL. He was among the very last true enforcers in the NHL, and racked up an incredible 1,103 penalty minutes over the course of his career. Over his full career, Thornton averaged 12 points and 128 penalty minutes per 82 games played.
Thornton retired as a member of the Florida Panthers in 2017, at the age of 39, and quickly took to a front office role. His business career began as a Senior Vice President of Business Operations – filling a litany of roles, including heading marketing, sponsorships, broadcasting, game presentation, and community relations. He was promoted to the team’s Chief Commercial Officer in 2020, then to CRO in 2022.
Thornton has been a pillar of growth since the onset of his post-playing career. In addition to his role with the Panthers, he also runs the Shawn Thornton Foundation – geared towards raising funding for life-threatening diseases, including Parkinson’s Disease. That organization was formed in 2013.
Florida will now bear the burden of filling two major roles in their executive offices. It will be a tough task, though one the organization seems well set up for after winning back-to-back Stanley Cups and appearing in three-straight Stanley Cup Finals. They’re a true NHL dynasty, and averaged the fifth-most attendance in the league last season according to HockeyDB. This news will mark turnover and new opportunity for a club in the midst of their peak.
Photo courtesy of Charles LeClaire-USA TODAY Sports.
NCAA Grants Eligibility To Two Former Pros
In another milestone decision for collegiate hockey, the NCAA has granted eligibility to two players with experience in the AHL and ECHL. Forward Connor McClennon and defenseman Hudson Thornton will both suit up for the Bemidji State University Beavers, per Jared Rubado of The Bemidji Pioneer. This decision goes against the NCAA’s previous rule that stated any players who have signed pro contracts were ineligible from playing NCAA-sanctioned sports.
The future implications, or even the present justification, for this decision aren’t entirely clear. Bemidji State head coach Tom Serratore told Rubado that the team wanted to “throw some darts” after seeing the NCAA allow former pros to participate in other sports. They worked with both players to submit request to the NCAA Eligibility Center, formerly the NCAA Clearinghouse. Both McClennon and Thornton pointed towards their reinstated eligibility for U Sports – Canada’s collegiate league – as one of the reasons why they should be granted a move to the NCAA.
Bemidji also pointed towards the NCAA’s extension of eligibility to pros in both basketball and football. As pointed out by Rubado, the NCAA allowed Ethan Burg to join the University of Tennessee’s men’s basketball team on July 24, despite Burg’s participation in the Israeli Basketball Super League.
The NCAA is also currently facing a U.S. District Court ruling that challenges how the NCAA counts years of eligibility. Previously, the collegiate association would include years in JUCO, or Junior College, against a player’s maximum five years of NCAA eligibility. This new antitrust lawsuit would look to reverse that decision, and extend additional eligibility to three players at West Virginia University, as well as players at Vanderbilt University, Rutgers University, and Memphis University.
The NCAA has released a statement challenging the court ruling, though they may face a tougher task overturning it after extending eligibility to two pro hockey players. McClennon played nine total games between the AHL and ECHL, scoring just one point in the former league. He spent last season at the University of Alberta. Thornton’s pro experience is much more extensive. He appeared in 49 ECHL games, and scored 14 points, this past season, in addition to making his AHL debut. Thornton has never played at the collegiate level, though he previously expressed interest in joining the University of Saskatchewan for next season.
While the long-term impact of this decision hasn’t had time to settle, it marks another boom to the ever-changing junior hockey landscape. It seems unlikely that the NCAA will officially acknowledge changes to their eligibility until after they conclude multiple lawsuits and court cases, leaving questions of who teams can recruit up in the air for now. On the other side, NCAA eligibility could begin mirroring U Sports. Currently, AHL or ECHL players are eligible to join U Sports programs, but must sit out for a season of competition if they are on a pro roster after January 10th. Even those guidelines seem uncertain, though, as U Sports commits to future changes and expansions of their own.
Flames Seem Set To Trade Rasmus Andersson, Per Teammate
The trade rumors surrounding Calgary Flames defenseman Rasmus Andersson are reaching a peak as the 2025-26 season rolls around. Flames centerman Mikael Backlund said that Andersson seems to be clearly headed for a change of teams during the NHL’s European Media Tour, as captured by Micahel Russo of The Athletic. Backlund went into depth on the divide between Calgary and the top-pair defenseman, sharing that the two sides are at ends on what a new contract should look like. Andersson will enter unrestricted-free agency next summer, and is looking for a boost over his current $4.55MM cap hit, while the Flames are looking for a value deal. Backlund told Russo:
Yeah, [Andersson is] getting traded. It’s obvious… I talked to him, too, and he doesn’t want to be a distraction… It’s too bad that it’s come to this. I don’t think that they’re close to getting an agreement, but you never know. Things could change.
Backlund seems among the most informed when it comes to changes within the Calgary organization. He’s spent all 1,066 games, and 17 seasons, of his NHL career in a Flames jersey. The Flames named Backlund team captain in 2023, after five years of serving as an alternate captain. Andersson has also served as an assistant captain as far back as 2022, cementing a clear connection between the two teammates.
Backlund’s comments ring loud as a result. Andersson has appeared to be the odd-man-left ever since general manager Craig Conroy completed a fire sale of trades in 2023 and 2024. The flurry moved out defenders Chris Tanev, Nikita Zadorov, and Noah Hanifin – leaving Andersson as the only long-term Flame left on the team’s blue-line. He has since been supported by veteran MacKenzie Weegar and emerging pro Kevin Bahl, playing ahead of an otherwise very fluid Calgary defense.
This news spells even more changes for the Flames’ defense. There will be no preparing for losing a player of Andersson’s caliber, even despite rumors swirling through the last few seasons. He has emerged as a true top-pair offensive-defenseman, capable of driving play and sustaining offensive chances for his side, even amid poor defensive play. Andersson tied his career-high of 11 goals this past season, to go along with 31 points on the full year. It was a slight dip from his scoring totals over the last few year. He previously scored 50 points in the 2021-22 season, 49 points in 2022-23, and 39 points in 2023-24.
These comments will once again spark what’s been an aggressive trade market for Andersson. Calgary has fielded interest from across the NHL, with teams like the Columbus Blue Jackets and Carolina Hurricanes previously emerging as front-runners. There has also been rumors of a fit with Pacific Division clubs like the Los Angeles Kings or Vegas Golden Knights, should the Flames be comfortable with moving Andersson to a nearby foe. Vegas will notably be without top defender Alex Pietrangelo next season due to injury, creating a clear hole in their lineup. The Golden Knights would need to find roughly $1MM in cap space to afford Andersson’s cap hit, assuming Calgary would be willing to retain a maximum 50-percent.
Bill Daly Talks Schedule Changes, CBA Talks And Effectiveness
Some NHL executives and players were in Milan, Italy, last week as part of the league’s yearly media tour – this time in the place the league will be sending its players to the 2026 Winter Olympics. Deputy commissioner Bill Daly was part of the contingent there and sat down for an interview with Michael Russo of The Athletic, discussing some items that have been left unaddressed from last month’s Collective Bargaining Agreement extension and Memorandum of Understanding approval.
One of the key changes in the agreement is a jump from an 82-game regular season schedule to 84. That will take place beginning with the 2026-27 campaign, and Daly essentially confirmed that means an earlier start date – with regular-season games now potentially beginning in September.
It’s not as if there was another direction to go. More in-season breaks and elongated playoff scheduling in the later rounds have made for some exceedingly late finishes to the season in recent years, leading to key events such as the Stanley Cup-clinching game, the draft, and the opening of the following season’s free agency period taking place in a sub-two-week period.
“I think that 82 to 84 games is going to be beneficial to both sides,” Daly said. “It comes in connection with a shortened training camp. I think that can help us on our overall calendar length. I think we’ve started our regular seasons earlier as a general matter and our playoffs earlier, which some of the media have suggested we should.”
The other most forward-facing change in the new MOU is, for the second decade in a row, a reduction in maximum contract length. After the 2012 lockout ushered in an era of eight-year extensions and seven-year free agent deals, those caps are both decreasing by a single year in the new agreement.
That was arguably the league’s highest priority entering negotiations with the NHLPA alongside the LTIR reform that also got achieved, Daly said. “We’re in a situation where we have a number of contracts that are entered into for maximum term, with the parties recognizing that the player’s not going to be really worth what the contract will pay him in the out-years of the contract. So, the more purely monetary benefits of longer-term contracts are kind of scaled back a little bit. That’s really the benefit.”
Previously, excessively frontloaded contracts were retroactively penalized with a recapture penalty. That was an exceedingly rare thing to trigger, though, and only happened if the player decided to retire and walk away from their contract instead of failing physicals and remaining on LTIR for the duration of their career. Along with the term reduction, there have been more safeguards put in place in the new MOU to restrict year-to-year variations in compensation in multi-year deals, but chopping off a year to spread the total package across will be the most effective way to reduce the number of artificially lowered cap hits and AAVs league-wide.
As for when all these changes take effect, the previous presumption was that none of the new policies announced last month would be enforceable until September 15, 2026, when the current MOU expires and the new one begins. That won’t necessarily be the case, Daly said, although NHLPA assistant executive director Ron Hainsey had previously confirmed that the current contract term limits will still be in effect for the 2026 offseason and won’t be reduced until that September date.
Nonetheless, Daly clarified there will be multiple stages of implementation regarding all the changes laid out in the MOU. “I don’t want to presuppose their approval, so I’m not going to answer the question specifically. But it does deal with every item that we agreed to as part of the memorandum of understanding. One bucket of items will go into effect as early as this year. One bucket of items will go into effect as of July 1 of next year — so, the league year, the full league year. And then there’s a list of items that don’t go into effect until Sept. 16 of next year.“