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Trade Primer
by Paul on 02/17/09 at 04:44 PM ET
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from NHL.com,
As the trade deadline of 3 p.m. ET on Wednesday, March 4 approaches, the National Hockey League has prepared the following:
How is a trade made?
After two clubs have come to an agreement on a trade, the clubs must advise the League office, either by telephone or by FAX, of the terms of the trade. The League office then schedules a conference call with the two teams to review the transaction and give final approval for the deal. Prior to the trade call, the League office will ensure that the team has the appropriate salary cap space to make the deal; if draft choices are involved, that the club has the available choices; and that the team has available space on its reserve list to add the player (s). It should be noted that the 23-man roster restriction is no longer in force from February 27 on.
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