 | Unrestricted Free Agent | A player without a team. They have had the term of their contract expire without a renewal. |
 | Restricted Free Agent | A player that has fewer than seven years of accrued seasons and is younger than the age of 27.
This allows their current team to extend a qualifying offer. |
 | Arbitration Eligible | Salary arbitration is a contract negotiation method that uses a third party
arbitrator to determine a fair contract term and length for an expiring RFA player. |
 | Entry Level Contract | Usually the first professional contract that a player under 25 signs when beginning his NHL career. |
 | Waivers Exempt | When a player is reassigned from the NHL to the AHL, they must pass through waivers (unless exempt).
Waivers allow any of the other teams to claim the rights of the player. |
 | No Move Clause | Prohibits a team from moving a player by trade, loan or waivers, or assigning that player to the minors without the player's consent.
|
| M-NTC | Modified No Trade Clause | Less restrictive than a full no trade clause, which prohibits a team from trading a player without their consent |
| 35+ Contract | 35+ Contract | If a player signs a multi-year contract at the age of 35, all salary and bonuses continue to count
against the team salary cap, regardless of whether or not that player is playing. |
