All The Kings Men
Registered User
- Apr 7, 2016
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The NHL fiscal year runs from July 1st to July 1stThat's some weird **** and funny math. It's like making New Year's resolutions for 2023 on December 11th, 2023, when the "new" year is nearly over. They're signing him in late April for exactly what this season? And that what counts as the first year of his contract?![]()
When guys like Laferriere and Portillo sign a contract late in a season that "burns" a year of their ELC the year that is being burned is the season currently being played.
Cole Krieger by contrast signed an ELC that begins on July 1st, 2023 (or whenever the actual start of the fiscal year is)
Krieger had played 5 years of college hockey and could not return.
Laferriere and Portillo could have returned to college for another year and so burning the first year of their ELC and giving them the accompanying salary is an incentive to convince them to turn pro.