[Cecil Terwilliger]

Originally Posted by worth

http://en.wikipedia.org/wiki/Salary_cap

Salary cap is basically $1 for every dollar you are over up to $100,000, then $2 for every dollar between $100,000-$300,000 plus first round draft pick, then $3 for every dollar over $300,000 plus first and second round draft pick.

I'm not sure if it's a graduated scale, or if you are over 300,000 for instance, you get charged $3 for all of that 300,000 or $1 for the first 100 then $2 for the next 200 then $3 for everything above 300.

Based on the wiki quote I'd guess that you only get charged $3 for every dollar over $300,000. Mtl was 108k over and had 116k in penalties.