I understand what you are getting at with the hypothetical Hoeffel scenario but you've neglected the underlined word, in want. If the Devils showed interest in signing Kerfoot, offered a standard ELC, I don't think it's right to enable a player to walk out on the investment without compensation. If drafting team did not offer an ELC, then obviously no compensation. Why should these graduates be given more freedom than a restricted free agent? I think it would be a better system for the team drafting the said player having the ability to match the contract if he signs elsewhere.