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View Full Version : Executive Compensation Officially Abolished for One Year Effective January 1st



Phil in Absentia
12-08-2015, 02:30 PM
:tweet: @renlavoietva: It's the end of the executive compensation. Only one year. #nhl #tvasports

:tweet: @Real_ESPNLeBrun: Brian Burke says there was no opposition to abolishing the executive compensation rule once the Govs heard the league's reasoning for it

:tweet: @drosennhl: The compensation policy will be eliminated as of Jan. 1.

So Nashty
12-08-2015, 02:43 PM
What does his mean? Not sure what it is.

Morphinity
12-08-2015, 02:58 PM
What does his mean? Not sure what it is.

It's when a team would sign a coach and/or GM that has been "fired" by another team and the team signing him receives a draft pick as compensation.

For example: the Canucks received a draft pick when Columbus signed Tortorella, even though he was "fired" for over a year. I use "fired" in quotes because teams don't actually fire the coach/GM in the traditional sense. They're still being paid and under contract (as I understand it), so that's why the team's were being compensated.

This will no longer be the case.

So Nashty
12-08-2015, 03:08 PM
Ah gotcha. Good change, it was a dumb rule for the most part. Sorry for typos, on my phone.

Cash or Czech?
12-08-2015, 03:09 PM
Such a dumb rule, glad they got rid of it.