Cap hit does not necessarily equate to dollars out the door. There is a lot of wonky money in the system (LTIR, buyouts, back/front loaded contracts).
Florida is projected to be right at the cap, but actual $$ closer to 77.5M. Calgary's got decent cap room, but actual $$ closer to 84M.
The incremental cost of spending to the cap was less with nearly all teams being there (though not so much now that escrow isn't directly linked to HRR). Almost all teams have foolish money on the books...CAR and COL are definitely notable exceptions.
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