NHL Salary Cap Questions > Can Over 35 one year contract be buried?
Can Over 35 one year contract be buried?
Asked Jan 8, 2020 by Alex A
With Kovalchuk's $700K contract, since he's over 35, would the $700K remain with the team if he's waived and sent down?
Answer
Jan 7, 2020
For over 35 contracts, the cap hit for the signing team is only permanent if it's a multi-year deal. On a 1 year deal, if the player is waived and demoted, the cap hit is fully buried just like any other $700K contract. A 1 year 35+ contract is eligible for performance bonuses; the only other contracts eligible for performance bonuses are entry level and for players who have missed significant time due to injury.
