How much can unsigned players from the 2003 and 2004 entry drafts sign a contract for?
Clubs may sign 2004 draftees to a maximum salary of $984,200 and 2003 draftees to a maximum salary of $942,400. These salaries are based on a 24 per cent rollback to the maximum salary under the previous CBA for the players’ respective draft years. Additionally, draftees from prior years may negotiate for a signing bonus not to exceed 30 per cent of his maximum annual compensation. Performance bonuses may be negotiated as per new CBA rules.
