Dundon said he would have allowed Waddell to speak with the Wild even if he had a contract with the Hurricanes.
"If there's other opportunities out there, there's no reason he can't understand them," Dundon said. "It's probably less drama if you have a contract, but it's also I'm comfortable with what we're doing and how we're doing it, what our relationship was. I thought it would take something extremely compelling for him to leave, but if there was something better for him in this world that was that much better than our situation, whether he had a contract or not, I'd be rooting for him."
In the end, the Wild's interest led to the Hurricanes signing Waddell for three more seasons.
"Don had mentioned he had been on one-year deals before, so if that job hadn't opened up and he hadn't been called, I wouldn't have even thought twice about this," Dundon said. "I don't think it's going to change the outcome of what he's going to do or how long he's going to do it, candidly, the fact that we wrote it down."
Dundon said he prefers his executives not be under contract because it gives him more flexibility, but NHL bylaws require each team to have a GM under contract by Sept. 1. But Waddell and Dundon said that was not the impetus for this contract.
"The fact that the contract is a thing is still strange to me, but once again, I value Don, I enjoy working with him, he's going to be here for a long time and he's an important part of what we're doing," Dundon said. "I'm glad this makes everybody feel better."
Waddell said he was never worried.
"I knew that in time we'd figure out something," Waddell said. "Whether it had to be in a contract for NHL purposes or it was just an agreement, it was going to get worked out."