McKenzie dispels rumours of possible amnesty buy-outs in new CBA

With COVID-19 throwing a wrench into, well, life in general, the financial impact it has had and the toll it has taken on businesses - including sports franchises - many fans had been speculating that the NHL and NHLPA had negotiated some form of an amnesty buy-out period in the new CBA to help NHL clubs mitigate any possible cap compliance issues moving forward with an expected $81.5M over the next few seasons.

Previous to the pandemic, the NHL and NHLPA looked poised to raise the salary cap, beginning next season, allowing teams to take a few more financial risks, knowing that they would still have money to spend in 2020-21. Well, hindsight is 20/20, and what we know now is that the league cannot afford to raise the cap next season, which leaves several teams - including the New York Islanders and the Toronto Maple Leafs, among others - to try and fit it all under the cap with less room than they had previously anticipated.

Well, any hope that the rumours of possible amnesty buy-outs for teams who are tight against the cap has been debunked as TSN's Bob McKenzie has taken to Twitter to discredit rumours that such a clause has been built into the new CBA, which is yet to be ratified by the players.

So much for those Pietrangelo to Toronto rumours. Old Lou is going to have a difficult time locking up Mathew Barzal, inking two of his top defensemen and signing a backup goaltender. And what of the Caps and Stanley Cup Champion goaltender Braden Holtby, who is on an expiring contract? Things could get very interesting at the conclusion of the playoffs as some huge contracts may be on the move to allow teams to stay cap compliant.

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