On Monday, KO Sports, a premier boutique hockey agency, put forward a suggestion that would create an "Exception Player" status that could be used by all 31 teams in the NHL like the New York Islanders.
The suggestion is to create a new class of players, the "Exception Player". According to the suggestion, the exception player's contract wouldn't count on the salary cap, they would have no minimum compensation limit, amongst other things.
It's a bold suggestion that probably won't see the light of day, but it merits talking about.
Exception Player
Keep in mind this is only a suggestion by KO Sports and it's thin on details.