I stand corrected?? It is totally not clear in the CBA that it stands that way.
Read the bolded. Doesn't that read to you the team can still walk away?
12.6. Walk-Away Rights.
(a) If a Club has elected to arbitrate a one year contract,
and the award issued is for $550,000 or more per annum, then the
Club may, within 72 hours after the award of the Arbitrator is
issued (or if a Club has any other player still eligible for
salary arbitration at that time and for whom a decision has not
been rendered by an Arbitrator at that time, and the Club still
has a walk-away right available to it in such League Year
pursuant to paragraph (d) below, 72 hours after the award of the
Arbitrator for such other player is issued), notify the player,
the NHLPA and the NHL in writing that it does not intend to
tender to the player a Player Contract based on the award as
determined by the Arbitrator. Upon receipt of that notice, the
player shall automatically be deemed to be an Unrestricted Free
Agent, subject to the provisions of paragraphs © and (d) below.
For the record, I'm not saying that the club can't walk away... I'd love some clarity.
It looks pretty clear to me that Nashville can walk away. However, they still have 15.6 mil of cap space available and walking away would be retarded. I think Nashville was just trying to get Weber on the cheap, which backfired (still they did save 1 million).
Oops. I though the 15.6 million was without signing Weber, but that's WITH Weber. I couldn't imagine if the Wings had that kind of cap space.
Edited by Dave, 03 August 2011 - 03:24 PM.