6:21PM: The Rangers buyout window opens at 12:01AM on Thursday and closes at 11:59PM on Friday, according to the NHLPA. (Colin Stephenson)
5:19PM: Since the Rangers contract with Pavel Buchnevich was announced on Friday at 8PM, the Rangers buyout window does not START until 12:01AM on Thursday August 1. (Larry Brooks)
From the CBA on Page 318, Exhibit 1, Section C:
(ii) For Clubs who have Club or Player elected Salary Arbitration filings pursuant to Article 12, within the forty-eight (48) hour period beginning on the third day following the later of: (i) the Club’s receipt of its last salary arbitration award; or (ii) settlement of its last case (provided such award was received or such settlement occurred prior to 7:00 p.m. New York time; awards or settlements that occurred or were received at or after 7:00 p.m. New York time will be deemed to have occurred or received the following business day for purposes of this provision).
Adam Rotter: The belief from everyone in the media and around the league was that the Rangers window opened on Monday at 5PM and closed today at 5PM. Everyone, including myself, was wrong and missed the little detail of the CBA. The second buyout window is usually something that a team gains via arbitration filings but is rarely used. It’s a very confusing situation.