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Restricted Free Agents To Be Available In Vegas Signing Window


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It was reported months ago that the Vegas Golden Knights would be given a window before the expansion draft in which to talk to pending free agents. Should they sign one of them, the player would “count” as the selection from his former team, making them exempt from giving up an additional player in the expansion draft. Today, Pierre LeBrun of TSN tweeted that not only will that window include unrestricted free agents, but unprotected restricted ones too with no offer sheets or compensation required.

He clarified that he believes the window will take place at some point between when the teams need to submit their protection lists (June 17th) and when the Golden Knights make their picks (June 20th). The league is still working on when and how long exactly the window will be open, before announcing the picks on June 21st.

While unprotected restricted free agents were theoretically always available to Vegas through the draft itself, it does open another interesting quirk in an already extremely complicated draft for the Golden Knights. The window will likely be spent talking to many RFAs to determine the likelihood of them signing long term in Vegas before picking/signing them, not wanting to lose an asset soon after acquiring it.

Just an excerpt.  Whole article here:

https://www.prohockeyrumors.com/2017/05/restricted-available-signing.html

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:tweet_circle:Pierre Lebrun(@PierreVLeBrun)

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Interesting: have heard from teams who are contemplating using Vegas' unique free-agent window prior to June 21 in this fashion

Team X could offer Vegas an asset in exchange for signing a pending UFA from another team during that unique window 

Then Vegas would flip that signed player to Team X. But key is that Vegas must wait until after expansion draft to flip the signed player

That's because any signed free agent during the unique window counts as one of Vegas' roster picks for expansion draft…

Might be worth the asset for Vegas if it counts as an expansion draft pick from a team that doesn't have much to select from to begin with

And FYI, league source says all of this is permissible. Just another potential expansion draft week wrinkle….

http://kuklaskorner.com/hockey/comments/oh-this-should-be-fun

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  • 5 weeks later...
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The NHL has announced that they will put a hold on any waivers, trades or signings from June 17th at 2pm to June 22 at 7am (all times CDT). That would encompass the entire window that the Vegas Golden Knights have to select their expansion roster. Team’s protection lists must be submitted by 4pm on June 17th, while the team will be announced at the NHL Awards Ceremony on June 21st.

June 12th will be the final day for teams to ask players whether they will waive their no-movement clause for the draft, with decisions needing to come by 4pm on the 16th.

This window will put all eyes on the Vegas Golden Knights as they select the first expansion roster in nearly two decades. When the protection lists will be released to the public on the morning of the 18th, fans and media alike will begin to build their own team not knowing of any behind-the-scenes dealing that may already have happened.

The full release can be found below:

 

Monday, June 12 Deadline for Clubs to request that a Player “waive” his “No Move” clause for purposes of Expansion Draft (5 p.m. ET) (with the exception of Nashville and Pittsburgh, whose Deadline will be the later of: (i) 5 p.m. ET on June 12; or (ii) 5 p.m. ET on the day following the last day of the Stanley Cup Final).

Wednesday, June 14 Last possible day of 2017 Stanley Cup Final.

Thursday, June 15 First Buy-Out Period begins.

Deadline for Clubs to ask Players with “No Move” clauses whether they want to be placed on Waivers for purposes of Buy-Outs prior to Expansion Draft (11:59 am ET).

Friday, June 16 Last day to place Player on Waivers prior to Expansion Draft Trade/Waiver Freeze (12 p.m. ET).

Deadline for Players to agree to “waive” their “No Move” clauses for purposes of Expansion Draft (5 p.m. ET).

Saturday, June 17 Commencement of the Expansion Draft Trade/Waiver Freeze for all NHL Clubs with exception of the Expansion Club (3 p.m. ET).

Commencement of Expansion Draft Signing Moratorium on NHL SPCs for all NHL Clubs with exception of the Expansion Club (3 p.m. ET).

Deadline for each Club to simultaneously submit its Protection List to Central Registry and the NHLPA (5 p.m. ET).

Sunday, June 18 Deadline for Central Registry to approve and simultaneously distribute the Protection Lists to all NHL Clubs (including the Expansion Club) and the NHLPA (10 a.m. ET).
 
Opening of the UFA/RFA Interview Period (only applies to Players who are available for selection in the Expansion Draft) for the Expansion Club only (10 a.m. ET).

Wednesday, June 21 Deadline for the Expansion Club to simultaneously submit its Expansion Draft Selections to Central Registry and the NHLPA (10 a.m. ET).

Deadline for the Expansion Club to submit SPCs for any pending UFA/RFAs who are selected by the Expansion Club and signed to a new contract (10 a.m. ET). The Expansion Club is permitted to sign a current or pending Free Agent on a Current Club’s list of Available Players during the period between 10:01 a.m. ET on Sunday, June 18, and 9:59 a.m. ET on Wednesday, June 21, and in so doing will be deemed to have made its Expansion Draft selection from such Current Club. If the Expansion Club signs a Restricted Free Agent from the Available List of a Current Club during said period, the Current Club will not be entitled to any compensation from the Expansion Club.

Official distribution and announcement of the Expansion Club’s Selections in conjunction with the 2017 NHL Awards presented by T-Mobile (8 p.m. ET).

Thursday June, 22 Expansion Draft Signing Moratorium and Trade/Waiver Freeze are lifted (8 a.m. ET).

https://www.prohockeyrumors.com/2017/06/announces-transaction-expansion.html

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