Vancouver Canucks forward/prospect Kellan Lain will be a restricted free agent this summer, according to Capgeek.com.
Lain signed a one-year entry-level contract with the Canucks back on March 16. It was believed he would sign an amateur tryout to join the Chicago Wolves of the American Hockey League and the contract would ‘kick in’ during the 2013-14 season.
In actuality, his contract ‘kicked in’ immediately and he was loaned to the Wolves on March 20—he did not sign a tryout.
@ehlun He is, and yes it did.
— CapGeek (@capgeek) April 30, 2013
This might partly explain the decision to recall Lain as a ‘black ace’ for the playoffs as the team probably wanted to get the most of his contract that he signed.
He will be a restricted free agent on July 1 and the Canucks will have to qualify him at one-year $874,125 to retain his rights. The collective bargaining agreement states any player that earns between $660,000 and $1,000,000 have to be qualified at 105%.