The NHL should close the loophole then. Until then I am surprised more guys don't do this.....
that's not the loophole as all drafted prospects can refuse to sign with the team that drafted them. The loophole is only for drafted players that don't go directly to the NCAA, those prospects can chose to become UFA's in July after they finish their Junior year. The league tried to chose that loophole but the NHLPA said no.
There is no loopholes at all...
For eurooe players it's rights thru June 1 draft yr+4
For 18 yr old CHL players. They refuse to sign, they re-enter the draft at 20, they don't sign then they become UFAS after June 1 4 yrs after originally drafted
With NCAA players it's a little more complicated, but logical....
Because of different stste rules on entering school, you can get the situation of a kid starting college at 17 and not be draft eligible.they get drafted after freshman yr ( Eichel ). The rights are till they graduate of aug 15 if their senior yr
The reason august 15 is because of different college calendars so not to distract students with June 1 deadline who are finishing college and can't sign if under sports scholarship
If they opt to leave school before Jan 1 their sr yr rights revert to June 1 draft yr+4 or 30 days after declaration, which ever is later
With most drafted they are about to start college that year si rights for 5 yrs make sense
The issue people complain about us if they delay college start like playing USHL in year after draft, then go to college. After 3 yrs of college thry can turn pro and it reverts to June 1 draft yr+4 for being a UFA-- but its still 4 yrs post draft
The actual issue that should could things---
NCAA drafted players sign sliding contracts like how CHL players can. Contract signing bonus amount to money NCAA players can currently earn.
If CHL players can go to NCAA complicates this.
It coukd lead to draft changes like in baseball where NCAA commit players can't br drafted at 18 and instead it becomes 21/ 3 yrs after college start ( like how NFL draft eligibility)