VoidCreature
Before you see the light, you must die.
His leverage is basically that he can tell the Devils he'll wait another year and they'll lose him for nothing. So either pay me big bucks now, or trade me to someone who will.
This of course is assuming what Friedman says about how it works is correct, which is pretty iffy. Ultimately, the by-laws didn't really plan for this kind of situation, and they sometimes contradict one another. The by-law that really matters is the one that says the Commissioner has the ultimate say in how they're interpreted and his decision on such matters is final and can't be reviewed by any court or arbitrator. So really Bettman can kind of make it up so long as it passes the straight face test, and even that might not really matter.
The thing is Friedman isn't just some reporter. He's a mouthpiece for the league. If he speaks with confidence about how it will be handled, I believe him.