User:Weatherman05071/Hockey contracts

The following is the types of hockey contracts that players may be signed to when they play professional ice hockey.

One way contract
This type of contract means that the player is payed the same amount of money regardless of whether he plays in the NHL or the AHL.

AHL/ECHL
This is the what a player signs to lay out the terms of their playing status and salary. This is not transferable to the NHL and would require the player to sign a new contract with the NHL team.

PTO
This is a Professional Try Out and is found only in the AHL. This type of contract is limited to 25 games and a player can only be signed to a PTO twice per season. After the second time, the player is either signed to a Standard Player Contract, is a free agent, or if the player is signed to an ECHL team, he is then returned to that team.

ATO
This is an Amateur Try Out and it is found in the NHL, the AHL, and the ECHL. This type of contract is for players that are leaving college and attempting to turn professional, are done with college, or are graduating from the junior leagues. This is a very common practice near the end of the professional seasons as they go deeper into the year than college or junior schedules. The most recent use of this in the NHL was on December 17, 2010, when the Phoenix Coyotes signed Tom Fenton to a one game amateur contract.