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CBA 101 Part 7: One-way vs. two-way contracts

I actually touched on the topic of one-way versus two-way contracts in my very first CBA 101 article about waivers and re-entry waivers. However, when the Flyers signed Michael Leighton yesterday I saw Twitter abuzz with people who were appalled with the fact that he got a one-way contract (to be fair, there were also plenty of people that understood the distinction that I’m about to discuss as well). I thought I would specifically call out this topic as I frequently see it being misunderstood. People tend to think that if a player signs a two-way contract, that that player …