Buyout Period
The buyout period begins the later of June 15 or 48 hours after the Stanley Cup Final ends. It concludes on June 30 at 5pm ET.
Requirements:
A buyout can only be performed on a player who was on the clubs reserve list at 3:00pm on the most recent trade deadline
The player must have a cap hit of at least $4,000,000
These are the NHL rules as per capfriendly https://www.capfriendly.com/buyout-faq
Change To Buyouts Effective Immediately
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Juliet-Pens
- Queen Commish : Pens GM
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