What's the difference between a NTC and a NMC?
A no-trade clause means a player cannot be traded without his consent. Consent is not required for waivers for assignment to the minors. CapGeek uses the terms “NTC” and “full NTC” interchangeably.
A no-move clause means a player cannot be traded, waived for a claim by another team, or assigned to the minors without his consent. This does not protect the player from a buyout. CapGeek uses the terms “NMC” and “full NMC” interchangeably.
Limited and modified NTCs and NMCs simply mean the player's contract includes specific terms for the clauses, usually stipulating windows and/or specific seasons and/or allowing the player to specify a no-trade list of undesirable teams or a trade list of desirable teams. CapGeek uses the terms “limited” and “modified” interchangeably.
If a player has a full NMC, it travels with him even if he waives it to be traded. However, if the player is traded before his NMC takes effect, it automatically vaporizes unless — in rare circumstances — the acquiring club agrees in writing to be bound by it.
An NTC does not travel with a player if a) the player waives a full NTC or b) the player is traded within the terms of a limited or modified NTC. In addition, if the player is traded before his NTC takes effect, it vaporizes unless — in rare circumstances — the acquiring club agrees in writing to be bound by it.
It should also be noted that clauses can only cover what would have otherwise been Group 3 unrestricted free agency years.
The CBA struck in 2013 added a provision that, should the player and team agree, a NTC or NMC negotiated as part of a contract extension can take effect immediately on the player’s existing contract, providing the player was eligible for a NTC or NMC for that season (ie. it is a year that would have otherwise been a Group 3 unrestricted free agency year).
CapGeek lists “known clauses,” meaning we list clauses we are aware of. There are cases where a player has clauses even when one does not appear on CapGeek. Likewise, there are cases where CapGeek lists a clause that was written into a player’s original contract but that no longer applies because of a trade.
Our listings should be used as a rough guide except in cases where we have specifically confirmed its details on Twitter (ie. the NMCs of Joe Thornton and Patrick Marleau on their extensions beginning in 2014-15). If you spot a media report with details of a clause that we should know about, or if you have a question about a specific clause, Tweet @capgeek and we’ll do our best to investigate.
CBA reference: Section 11.8 (a & b) (P. 48)
— By Matthew Wuest – CapGeek.com