How does that work, and what's a fair way to deal with this situation?
The solution to the fiasco surrounding the league rejecting the Kovalchuk deal is simple. The league just has to follow their own example of how buyouts work. When a player is bought out, the team’s cap hit for the buyout period is calculated to ensure that the total money paid by the team to the player is exactly equal to the total cap hit incurred by the team. See NHL Offseason: What's the Cap Hit For A Buyout? for an explanation of how this works.
Similar to a buyout, if a player retires before his contract has expired, the team should have to suffer ...
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Article written by Matthew Rutledge-Taylor