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Old 07-01-2016, 02:00 PM   #491
oldschoolcalgary
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Quote:
Originally Posted by Erratik View Post
We will put Smid on ltir, so that will clear an extra 3.5 if we need it.
yeah, but not quite as cut and dry as that...

LTIR provides additional monies that we can go over the cap by - from capfriendly:

Basic Formula ExampleThe league upper limit is $69M. A team has an averaged club salary of $68M and a player with a cap hit of $5M becomes injured and the team places him on LTIR. The team is now permitted to spend up to a new limit of $72M:
  1. Cap hit of LTIR player is $5M
  2. Amount of cap space available to team = $69M - $68M = $1M
  3. Amount team can exceed the cap = $5M - $1M = $4M
  4. New limit = $68M + $4M = $72M

means us going over the cap with not a lot of flexibity moving into the next year when smid is off the payroll.

not a big fan of additional signings that aren't slam dunks like a hudler or Boedker if its going to hamper you long term
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