Quote:
Originally Posted by Alberta_Beef
If the Flames acquire anyone only the owing cap hit counts against our cap, which means Sharp would only be about 1.5-2 million against our cap without anything retained. We were already in LTIR space when we acquired Stone and he only counted 544k against the cap. The part of only calculating cap space when on the roster still applies when using LTIR space.
https://www.capfriendly.com/teams/flames/cap_tracker
scroll down to the table
edit: to be exact, Sharp has $1,343,889, so that is all that the most Flames would take on against the cap should he be acquired. |
You can't bank LTIR space like you can regular cap space. The Flames can replace Smid's cap hit every day, but any unused LTIR space is gone once it's gone.
Look at it this way, if you'd prefer...
The Flames have $3,491,734 in available full-season LTIR relief from Smid's contract. This year, there are 180 days in the NHL season. So, every day, the Flames can use up to $19,398.52 in Cap Space for LTIR relief. After the Trade deadline, there will be 40 days remaining in the season, or $775,940.89 in total LTIR relief (part of which, they're already using on Stone).
They're already using $642,530 of the available full-season LTIR relief for Stone's contract. That leaves only $2,849,204 in remaining relief. If you break that down into the 40 days remaining in the season, it's $633,156.44.
In other words, they don't have enough space to acquire the $1,343,889 remaining on Sharp's contract this season. In fact, even if Dallas retained 50% of Sharp's remaining contract, the Flames wouldn't have enough room without moving out some other salary.
CapFriendly shows the amount of total season Cap Hit that teams can add at the deadline because it makes it a lot easier for people to understand rather than saying they can add 40/180ths of a player's salary.
You can look at it as $2.8M in total cap hit, or $0.63M in actual dollars. Either way, it means the same thing.