Quote:
Originally Posted by Gaskal
Yes, salaries at the trade-deadline are pro-rated. You would be taking that cap on but only at the 25% of a season left. If we're gonna leverage Smid's IR relief, we should be able to take that kind of cap on.
NHL.com explanation:
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The problem with using LTIR is it gets prorated unlike regular cap space.
So while Iginla's actual cap hit will be pro-rated at the trade deadline, so will be the LTIR relief the Flames get from Smid.
The Flames can't just use Smid's LTIR relief to acquire Iginla at the deadline, it won't be enough. At most it will cover roughly 2/3 of Iginla's cap hit and that is assuming the Flames aren't using it for any call ups at the time. They need to move salary out, have Colorado retain salary, and/or use LTIR relief from another injured player.