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SEA Sign Phillip Grubauer to 6-Year/$35.4M Contract; $5.9M AAV


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NHL rejects Seattle Kraken's deal with goaltender Philipp Grubauer, noting violation of front-loaded contract rules, source says

 

https://www.espn.com/nhl/story/_/id/31936843/nhl-rejects-seattle-kraken-deal-goaltender-philipp-grubauer-noting-violation-front-loaded-contract-rules-source-says

 

The contract was rejected by the NHL's central registry because it violated the league's requirements for a front-loaded contract. According to CapFriendly, which first reported the rejection, the $1.5 million variance in salary from 2022-23 ($6 million) to 2023-24 ($7.5 million) exceeds 25% of the first-year salary on the contract ($5 million).

 

The contract will have to be restructured and resubmitted to the NHL for approval. The Seattle Times reported Sunday that the Kraken have already done so, taking $250,000 from the third year and adding it to the second year, pending the league's review.

 

Damn noobs

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