• No-move and no-trade clauses now travel with a player who has agreed to lift one, even if they haven’t kicked in (previously, the acquiring team had to agree).
• Players aged 35 and over can sign multi-year deals that are flat or ascending and there will be no cap hit if they retire before the deal is up (previously, the cap hit stayed no matter what).
• Year-by-year variability: six-year contracts that are front-loaded and worth at least 7.5 per cent of the cap cannot exceed 35 per cent between the highest and lowest salary amounts. Rules for other contracts remain the same (I’ve heard players and teams will consider back-loading new contracts because escrow is capped at a lower number and cash flow should improve for clubs).
• No changes to signing bonuses
*There are no more conditional picks in trades based on a player re-signing with the acquiring team. For example, the New Jersey Devils’ current third-rounder from Arizona in the Taylor Hall deal upgrades if he re-signs with the Coyotes. Agents and NHLPA staff felt it hurt players’ value.
Some interesting points from Friedman's last article over the weekend. Not sure how I feel on the over 35 one.