Quote:
Originally Posted by Wolfman
So we should gain some cap relief with Smid then?
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From my understanding, you need to actually be over the cap to gain relief from LTIR. So right now the Flames have 15 million in cap space. They could spend up to 15 + 7.3 (10% of the cap) = 22.3 right now, as long as they get under 73 by the start of the season. Also, if they are over the cap at the start of the season, they can place Smid's 3.5 on LTIR (if he is injured), and then they'll get cap relief up to 3.5 million. So if their cap is at 76.4 at the start of the season, they LTIR Smid and end up with 0 cap space. If their cap is at 73.8 at the start of the season, they still have 0 cap space after putting Smid on LTIR. You "save" more space by spending more, it's sort of unintuitive.
The way the LTIR relief works is stupid imo, but I'm sure there's a good reason for it to be the way it is.