Was there a limit on money allowed to be traded?

[Ziostilon]

think its been discussed before. but the search function doesn't work for me.

With the Gretzky trade.

Was there a limit in $$$ Pocklington could ask for.

If there was a limit, how was that capped number determined? was it just an arbitrary value, or like the salary cap currently where the number does change season by season

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[Michael Farkas]

In the late 90's, for some reason the number $5 million sticks in my mind. But I have nothing to back that up with, just a fading memory I had from being a fan of a soon-to-be cash-strapped team (Pittsburgh).

 

[blogofmike]

I don't know if there was a limit, but Gretzky went for $15 million, and I believe Lindros went for $15 million. So if there was a number, that was it.

 

[Jumptheshark]

no until it was put into the current cba there was never a written clause stating there was a cap on money

 

[seanlinden]

I believe that in the pre-lockout CBA (1995-2005), the cap was $4m.