As Klaus Zaugg (Watson) reports, the National League will soon sign a transfer agreement with the NHL provided that the clubs will agree on a new regulation in a phone conference next week: Any club that loses a player with valid contract due to the transfer agreement may replace him with an additional import player. This will only come into play, however, if the player in question does not have an out clause in his contract or is at the end of his deal.
According to Zaugg, the agreement will look as follows: NHL teams are allowed to sign any player until July 15, players which were drafted in that year until August 15. For the first ten players in a season, the NHL teams will have to pay $250,000, after that it is $350,000.
Additionally, they will have to compensate the teams for every drafted player. The sum will be divided among the last four teams the player played. With that new agreement in place, there would now no longer be a need for NHL out clauses in the National League players' contracts.
