How NHL entry level contracts work?

Me and my buddy were having an argument today on how and when a NHL rookie is paid. My argument was that a NHL drafted rookie is not paid until he is officially on the team. His argument was that EVERY drafted player is paid with his entry level contract before he has made the team. Could you guys clarify this for... show more Me and my buddy were having an argument today on how and when a NHL rookie is paid. My argument was that a NHL drafted rookie is not paid until he is officially on the team. His argument was that EVERY drafted player is paid with his entry level contract before he has made the team. Could you guys clarify this for us?

Thanks,
Adam
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