NHL buyout window to start Friday

The National Hockey League 1^st buyout window of the postseason will start on Friday and will end at the end of the month at 5 PM ET.

Busy next few weeks for NHL:

June 15: 1st buyout window opens.

June 26: NHL awards.

June 28-29: NHL entry draft.

June 30: Deadline for qualifying offers and 1st buyout window closes.

More on this topic:

Devils appoint Fletcher as senior advisor to GM

July 1st: Free agency opens.

July 5th: Deadline to file for arbitration.

— Jason Gregor (@JasonGregor) June 14, 2023

The window was planned to begin on June 15^th or 48 hours after the end of the Stanley Cup finals. The Vegas Golden Knights won the title after beating the Florida Panthers in Game 5 to triumph with their 1^st Stanley Cup.

The franchises use buyouts to set up cap space. If the hockey player is younger than 26 years, the franchise will owe him 1/3 of their remaining deal value. If he is older than 26, the franchise must pay 2/3 of the remaining deal value.