Quote:
Originally Posted by shadowlord
Can someone explain to me, now that the season has started, why haven't the Flames put Smid on LTIR. What is the advantage of not doing this now (or after game 1)?
Since Smid was on our active roster at the start of the season, we already got the cap overage for him, right?
|
Way better people to explain than me, but I'll take a run at it
Smid's salary is currently being counted.
If placed on LTIR for cap purposes, the amount of relief you get is calculated from the amount you are over the day he is placed on it. Ideally, the Flames would like to be the full 3.5M over the cap to be granted the full amount of the contract above the cap. I'm not exactly sure how they would go about that.
I may have got this close to correct...