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Originally Posted by Fire
You have to remember the Flames will probably not want to go over the cap with potential ELC bonuses. Tkachuk, Jankowski, and Foo have a combined $2.3 million in potential performance bonuses. Very unlikely they obtain all $2.3 million of the bonuses but the Flames should give room for $1 million in bonuses.
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Given Jagr's(or Iginla, sure) age, and how he would theoretically only get offers for a 1-year, his contract would be very bonus heavy as well, and the bonus-allocated cap space is treated differently from regular cap space. Very good article from Freeway covered this.
FN: Here's how the Flames can sign Jaromir Jagr and stay under the cap
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Let’s just say the Flames are comfortable paying Jagr around $3.75 million next season. Conceivably the Flames could give Jagr a $1 million base salary and $2.75 million in escalating performance bonuses tied to markers like games played, goals, points or the team’s playoff performance. Teams can go over the salary cap by up to 7.5 per cent of the cap – $5.625 million this season – as long as that overage is all performance bonuses.
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