Last Updated:2025/12/30
Sentence
A
standard
NHL
contract,
agreed
to
by
both
players
and
owners,
has
what
is
called
a
buy-out
clause.
If
a
player's
performance
deteriorates
to
the
point
that
he
is
put
on
waivers
and
there
are
no
takers,
meaning
nobody
in
the
NHL
wants
him,
his
club
can
buy
him
out
at
one-third
of
what's
left
on
the
contract.
Quizzes for review
A standard NHL contract, agreed to by both players and owners, has what is called a buy-out clause. If a player's performance deteriorates to the point that he is put on waivers and there are no takers, meaning nobody in the NHL wants him, his club can buy him out at one-third of what's left on the contract.
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