Quote:
Originally Posted by JackIsBack
From CapFriendly:
The Training-Camp Equation
The training camp equation can be used on the last day of training camp in preparation for the first day of the season:
ACSL = Team cap hit - LTIR player’s cap hit
Example: The 2017-18 upper limit is $75M, on the last day of the off-season a team has a projected cap hit of $78M and places a player with an AAV of $3.5M on LTIR:
Team cap hit = $78M
Player’s cap hit = $3.5M
ACSL = $78M - $3.5M = $74.5M
To accrue cap space while the team continues to use LTIR, they would need to trade players to get below a projected cap hit value of $74.5M.
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This is where a Nurse hold gets interesting. You don't just add 5.5M for Sekera to the 79.5 cap to give them 85M. The Oilers will have a cap hit close to 4M under the cap. Even with signing a PTO guy, maybe that gets to 3M of space. In that scenario they only get 2.5M added for LTIR for Sekera (if Sekera was gone the whole year, which he won't be). It was the whole reason Grossman was signed to leverage as much as they could from Smid's 3.5M.
The capologist up north will probably be having some long nights trying to put together presentations that management up there will understand.