[Bring_Back_Shantz]

Originally Posted by CaptainCrunch

They didn't have 2 million dollars in cap space, who do they lose.

Originally Posted by looooob

yes I'm a reasonably smart guy but honestly having a bit of a learning block when it comes to LTIR and etc




when someone gets the chance if they can walk me through current and rest of season cap implications for the Oilers I'd appreciate it


thanks in advance

As per Cap friendly right now:

Salary Cap: $81.5 MM
Oilers cap hits: $86.8 MM
Oilers LTIR: $7.86

So the Oilers could go to a cap hit as high as $89.36 (Current salary cap + $ on LTIR)

Kane at $2.1 puts them at $88.9 so they are cap complaint

Here's the thing though, they don't bank that cap space.
Eventually Smith comes off LTIR which means they'll lose his $2.2 MM from LTIR, at which point they'll be ~$1.7 MM over the cap.

Cap + LTIR (without Smith) = 81.5+ 5.66 = $87.16 MM (Max cap hit going forward)

So who knows what they'll do then.
Not only did they prevent themselves from getting a better goalie, but now it looks like they are gonna have trouble even making room for their current crappy goalie.