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Old 11-12-2016, 03:10 PM   #44
Locke
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Quote:
Originally Posted by Snuffleupagus View Post
Would somebody please explain what Grossman's signing and wavering had to do with LTIR relief on Smid's contract?.

Dummy terms would be great.

Thanks

Signed dummy
Irrelevance?

We had money to spend so we spent it?

When you have cap-space it accrues over the course of the season. So Smid's $3.5M, if it was normal space (which it is not) meant that we could sign a significantly more expensive player at the trade deadline. (Which we could not)

Since it was not, it means that his $3.5M did not accrue, so it was just space, we could either spend it or not.

And management decided to spend it on Grossman. But at the same time they could waive him to the AHL and it wouldnt matter, we'd get our cap-space back.

The thing is that Smid's $3.5 is $3.5 no matter how you slice it. So Treliving figured: "hit the cap and we still have $3.5 if we need it."

Why he decided that Grossman was his man, well...thats on him.
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