It was 2 days ago that Elliotte Friedman sent out the following tweet saying that the Flyers were working on a trade to send defenseman Tony DeAngelo back to the Hurricanes.
Backstory
Last July, Carolina traded Restricted Free Agent Tony DeAngelo to Philadelphia in return for 3 draft picks. Former Flyers GM Chuck Fletcher shortly after trading for DeAngelo, signed him to a 2-year, 10M contract.
Fletcher has since been relieved of his duties in Philly, and ex-Flyer player Danny Briere stepped in his place, and is working to reshape the roster this offseason.
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Why is the NHL Blocking this Trade
Well, the proposed trade sending DeAngelo back to Carolina included Philadelphia retaining 50% of his salary. Now according to the National Hockey League's Collective Bargaining Agreement:
Rule 50.5 of the NHL CBA protects against a team trading a player, having another team pick up a percentage of their salary, and then quickly reacquiring that player at a reduced cap cost. It states that "under no circumstances may a Club reacquire, as part of a Retained Salary Transaction, the contract of a player who was on that Club's Reserve List within the past calendar year."
Therefore, if there was no salary retention involved, the NHL would have no problem with the trade.
| POLL | ||
26 JUIN | 171 ANSWERS Gary Bettman has blocked a trade involving Tony Deangelo due to salary cap reasons Should the NHL allow the Flyers to trade Tony DeAngelo back to Carolina? | ||
| Yes | 91 | 53.2 % |
| No | 80 | 46.8 % |
| LIST OF POLLS | ||
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