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Compliance Buyout
Compliance buyouts (sometimes referred to as amnesty buyouts) allow National Hockey League (NHL) teams to buy out a player's contract without the amount paid out counting against the NHL salary cap. In either a compliance or ordinary-course buyout, the team pays the player two-thirds of the remaining value of a contract over twice the remaining length of the contract. If the player is under 26 years old, then the team may pay the player just one-third of the remaining contract value. In an ordinary-course buyout, the amount paid out to the player each year counts against the team's salary cap for that season. Due to the 2012–13 NHL lockout, the salary cap was not to increase to the projected $70.2 million, so each team was therefore granted two compliance buyouts to be exercised after the 2012–13 season and/or after the 2013–14 season that would not count against the salary cap in any further year in order to better comply with a lower than expected cap value, regardless ...
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National Hockey League
The National Hockey League (NHL; , ''LNH'') is a professional ice hockey league in North America composed of 32 teams25 in the United States and 7 in Canada. The NHL is one of the major professional sports leagues in the United States and Canada and is considered the premier professional ice hockey league in the world. The Stanley Cup, the oldest professional sports trophy in North America, is awarded annually to the Stanley Cup playoffs, league playoff champion at the end of each season. The International Ice Hockey Federation (IIHF) views the Stanley Cup as one of the "most important championships available to the sport". The NHL is headquartered in Midtown Manhattan. The National Hockey League was organized at the Windsor Hotel (Montreal), Windsor Hotel in Montreal on November 26, 1917, after the suspension of operations of its predecessor organization, the National Hockey Association (NHA), which had been founded in 1909 at Renfrew, Ontario. The NHL immediately took the NHA ...
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Tony Amonte
Anthony Lewis Amonte (born August 2, 1970) is an American former professional ice hockey player. He played right wing over 17 seasons in the National Hockey League (NHL) for the New York Rangers, Chicago Blackhawks, Phoenix Coyotes, Philadelphia Flyers and the Calgary Flames. He previously served as the head coach of the Thayer Academy men's varsity hockey team. He is currently a scout with the Florida Panthers. Playing career Drafted 68th overall in the 1988 NHL Entry Draft by the New York Rangers, Amonte is best known for his time as a scoring star with the Chicago Blackhawks and for representing the United States in international play. Amonte made his debut in the 1991 playoffs. He impressed as a rookie, scoring over 30 goals and placing third in the balloting for the Calder Memorial Trophy. He played three seasons with the Rangers, scoring 84 goals, before being traded to the Chicago Blackhawks with seven games to go in the 1993–94 season, the year the Rangers went on ...
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Los Angeles Kings
The Los Angeles Kings are a professional ice hockey team based in Los Angeles. The Kings compete in the National Hockey League (NHL) as a member of the Pacific Division (NHL), Pacific Division in the Western Conference (NHL), Western Conference. The team was founded on June 5, 1967, after Jack Kent Cooke was awarded an NHL expansion franchise for Los Angeles on February 9, 1966, becoming one of the six teams that began play as part of the 1967 NHL expansion. The team plays its home games at Crypto.com Arena in downtown Los Angeles, their home since the start of the 1999–2000 NHL season, 1999–2000 season. Prior to that, the Kings played for 32 years at The Forum (Inglewood, California), the Forum in Inglewood, California, a suburb of the Greater Los Angeles area. During the 1970s and early 1980s, the Kings had many years marked by impressive play in the regular season only to be washed out by early playoff exits. Their highlights in those years included the strong goaltending o ...
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Carolina Hurricanes
The Carolina Hurricanes (colloquially known as the Canes) are a professional ice hockey team based in Raleigh, North Carolina. The Hurricanes compete in the National Hockey League (NHL) as a member of the Metropolitan Division in the Eastern Conference (NHL), Eastern Conference. The team plays its home games at the Lenovo Center. The franchise was formed in 1971 as the New England Whalers of the World Hockey Association (WHA). The Whalers saw success immediately, winning the Eastern Division in the WHA's first three seasons and becoming the inaugural Avco World Trophy Champions to cap off the 1972–73 WHA Season, 1972–73 season. The Whalers again competed for the World Trophy in 1977–78 WHA season, 1978, this time falling short to the Winnipeg Jets (1972–1996), Winnipeg Jets in a rematch of the 1973 Finals. The franchise joined the NHL in 1979 as part of the NHL–WHA merger, renaming themselves the Hartford Whalers. The team relocated to North Carolina in 1997, rebranding ...
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Boston Bruins
The Boston Bruins are a professional ice hockey team based in Boston. The Bruins compete in the National Hockey League (NHL) as a member of the Atlantic Division (NHL), Atlantic Division in the Eastern Conference (NHL), Eastern Conference. The team has been in existence since 1924–25 NHL season, 1924, making them the National Hockey League all-time results, third-oldest active team in the NHL, and the oldest in the United States. The Bruins are one of the "Original Six" NHL teams, along with the Detroit Red Wings, Chicago Blackhawks, Montreal Canadiens, New York Rangers, and Toronto Maple Leafs. They have won six Stanley Cup championships, tied for fourth-most of any team with the Blackhawks (trailing the Canadiens, Maple Leafs, and Red Wings, with 24, 13, and 11, respectively), and tied for second-most for an NHL team based in the United States. The Bruins have also won the Presidents' Trophy four times, with their most recent win in 2022–23 NHL season, 2022–23 having amas ...
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Anaheim Ducks
The Anaheim Ducks are a professional ice hockey team based in Anaheim, California. The Ducks compete in the National Hockey League (NHL) as a member of the Pacific Division (NHL), Pacific Division in the Western Conference (NHL), Western Conference. The team plays its home games at Honda Center, and is owned by Henry Samueli, Henry and Susan Samueli. The Ducks are affiliated with the San Diego Gulls of the American Hockey League (AHL) and the Tulsa Oilers of the ECHL. The Ducks are one of two teams based in the Greater Los Angeles area, along with the Los Angeles Kings. The Ducks were founded as an expansion team for the 1993–94 NHL season, 1993–94 season by the Walt Disney Company, and were known as the Mighty Ducks of Anaheim, a name based on the 1992 film ''The Mighty Ducks (film), The Mighty Ducks''. In 2005, Disney sold the franchise to the Samuelis, who, along with then-general manager Brian Burke (ice hockey), Brian Burke, changed the name of the team to the Anaheim Du ...
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Vegas Golden Knights
The Vegas Golden Knights are a professional ice hockey team based in the Las Vegas Valley, Las Vegas metropolitan area. The Golden Knights compete in the National Hockey League (NHL) as a member of the Pacific Division (NHL), Pacific Division in the Western Conference (NHL), Western Conference. Founded in 2017 as an expansion team, the team is the first major sports franchise to represent Las Vegas. The franchise is primarily owned by Black Knight Sports and Entertainment, a consortium led by William P. Foley, Bill Foley, with Adrienne Maloof holding a minority stake. Their home games are played at T-Mobile Arena on the Las Vegas Strip in Paradise, Nevada. One of the few expansion franchises to experience immediate success in North American professional sports, the Golden Knights 2018 Stanley Cup playoffs, qualified for the Stanley Cup playoffs in their first four seasons and reached the Stanley Cup Finals in their first season. Their 13 playoff wins en route to the 2018 Stanle ...
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Seattle Kraken
The Seattle Kraken are a professional ice hockey team based in Seattle. The Kraken compete in the National Hockey League (NHL) as a member of the Pacific Division (NHL), Pacific Division in the Western Conference (NHL), Western Conference. The team was founded after the NHL approved a proposal by #Owners, Seattle Hockey Partners to grant an Potential National Hockey League expansion, expansion franchise to the city of Seattle, and the team began play during the league's 2021–22 NHL season, 2021–22 season. They play their home games at Climate Pledge Arena. The Kraken qualified for the Stanley Cup playoffs for the first time in 2023 Stanley Cup playoffs, 2023, facing off against the Colorado Avalanche in the first round. They upset the Avalanche in seven games, becoming the first team to win their inaugural playoff series against the List of Stanley Cup champions, defending Stanley Cup champion. However, they lost to the Dallas Stars in the second round, ending their sophomore ...
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New York Rangers
The New York Rangers are a professional ice hockey team based in New York City. The Rangers compete in the National Hockey League (NHL) as a member of the Metropolitan Division in the Eastern Conference (NHL), Eastern Conference. The team plays its home games at Madison Square Garden, an arena they share with the New York Knicks of the National Basketball Association (NBA). They are one of three NHL franchises located in the New York metropolitan area; the others being the New Jersey Devils and New York Islanders. Founded in 1926 by Tex Rickard, the Rangers are one of the Original Six teams that competed in the NHL before its 1967 NHL expansion, 1967 expansion, along with the Boston Bruins, Chicago Blackhawks, Detroit Red Wings, Montreal Canadiens and Toronto Maple Leafs. The team attained success early on under the guidance of Lester Patrick, who coached a team containing Frank Boucher, Murray Murdoch, and Bun Cook, Bun and Bill Cook to win the Stanley Cup in only their second s ...
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Philadelphia Flyers
The Philadelphia Flyers are a professional ice hockey team based in Philadelphia. The Flyers compete in the National Hockey League (NHL) as a member of the Metropolitan Division in the Eastern Conference (NHL), Eastern Conference. The team plays its home games at Wells Fargo Center (Philadelphia), Wells Fargo Center in the South Philadelphia Sports Complex, an indoor arena they share with the Philadelphia 76ers of the National Basketball Association (NBA) and the Philadelphia Wings (2018–), Philadelphia Wings of the National Lacrosse League (NLL). Part of the 1967 NHL expansion, the Flyers are the first of the expansion teams in the post-Original Six era to win the Stanley Cup, victorious in 1974 Stanley Cup Finals, 1973–74 and again in 1975 Stanley Cup Finals, 1974–75. The Flyers' all-time Point (ice hockey), points percentage of 56.8% () is the fourth-best in the NHL, behind only the Vegas Golden Knights, Montreal Canadiens and Boston Bruins. Additionally, the Flyers hav ...
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Detroit Red Wings
The Detroit Red Wings (colloquially referred to as the Wings) are a professional ice hockey team based in Detroit. The Red Wings compete in the National Hockey League (NHL) as a member of the Atlantic Division (NHL), Atlantic Division in the Eastern Conference (NHL), Eastern Conference. The franchise is one of the so called Original Six teams of the league. Founded in 1926–27 NHL season, 1926, the team was known as the Detroit Cougars until 1929–30 NHL season, 1930. For the next two seasons, the team was named the Detroit Falcons, before changing their name to the Red Wings in 1932–33 NHL season, 1932. The Red Wings have won the most Stanley Cup championships of any NHL franchise based in the United States (11), and are third overall amongst active teams in total Stanley Cup championships, behind the Montreal Canadiens (24) and Toronto Maple Leafs (13). The Wings played their home games at Joe Louis Arena from 1979 until 2017, after playing for 52 years at Olympia Stadium. T ...
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Owen Nolan
Owen Liam Nolan (born 12 February 1972) is a Northern Irish-born Canadian former professional ice hockey player. He was drafted first overall by the Quebec Nordiques in the 1990 NHL Entry Draft. During his 18-year NHL career, he played for the Nordiques, Colorado Avalanche, San Jose Sharks, Toronto Maple Leafs, Phoenix Coyotes, Calgary Flames, Minnesota Wild, as well as playing a season with the ZSC Lions of National League A. Born in Belfast, he was raised in Thorold, Ontario and played for Canada internationally. A five-time NHL All-Star, Nolan is widely known as a power forward. Playing career Minor hockey Nolan grew up in Thorold, Ontario playing minor ice hockey for Thorold in the OMHA. After playing A hockey for the Thorold bantam A's Nolan was selected in the second round of the 1988 OHL Priority Selection by the Cornwall Royals of the Ontario Hockey League. Quebec Nordiques and San Jose Sharks Nolan was drafted first overall by the Quebec Nordiques in the 1990 NHL ...
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