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Weekend FTB: Arbitration, iron hooks and stretchy cap space

The Maple Leafs added Calle Järnkrok on Friday, bringing some clarity to who will be on the Leafs roster this fall.

As of now, with 21 players made up of 12F, 7D and 2G, there is enough cap space for everyone you’d expect to be on the roster with a few people you might not expect cut to the AHL. However, that only works if Pierre Engvall and Rasmus Sandin just accept their qualifying offers. Engvall is arbitration eligible, and Sandin is not.

So it’s time to delve into the arbitration rules:

  • players have until 5 pm on Sunday to elect arbitration
  • one minute later a window opens for 24 hrs that allows the team to elect arbitration
  • the party who does not elect arbitration decides the length of the contract if it goes to a hearing — the choices are one or two years
  • hearings are in late July and August
  • any player subject to an arbitration hearing can be traded at any time except while the hearing itself is ongoing
  • any player subject to an arbitration hearing can sign a deal with the team except while the hearing itself is ongoing
  • players in their final year as an RFA can only get a one-year contract
  • teams may not walk away from team-elected arbitration
  • teams may walk away from player elected arbitration awards over $4.