Just to confirm, while the regular buyout period will be before July 1st, the Isles could get a second opportunity, depending on if certain conditions are met with respect to potential arbitration settlement(s) too, right?
Beauvillier, Pelech and Sorokin will all be arbitration-eligible RFAs, although hopefully it doesn't come to that and they can get proper extensions done in advance of any hearing.
Yes, there is a 2nd buyout window after July 1st for teams with arbitration cases.
I was responding to what I thought was the idea that the Islanders could somehow pay Ladd's final year $3m signing bonus and then trade him to another team that would buy out his $1m remaining salary. That's not allowed.
Any team that buys out Ladd in his final season will have:
2022-23: cap hit $4.833m, actual dollars $3.333m
2023-24: cap hit $333k, actual dollars $333k
Total over 2 years $5.167m cap hit and $3.67m actual payroll.
Worth noting, that's a bigger 2022-23 cap hit then simply burying Ladd in the AHL would be ($4.375m), and only saves $333k in real payroll dollars. Which is why Ladd's deal is commonly described as "buyout proof".