Quote:
Originally Posted by FlamesAddiction
Not saying the Ducks didn't want to save money, I mean, who doesn't?
But clearly Vegas had the intention of acquiring the contract so that they could take a player off of the LTIR while still being able to exceed the cap.
|
That is clearly wrong. Acquiring the contract does not give you any additional cap space beyond the space required to pay that contract.
Quote:
|
David Pagnotta even called it before the trade deadline (like 10 weeks before) saying that Vegas had interest in acquiring the contract for that exact purpose. Then when it actually happened, some people questioned the intentions... like really?
|
David Pagnotta is wrong. The language of the CBA is quite clear. But journalists are not noted for their understanding of mathematics.
When you acquire a player and put him on LTIR, he counts against your cap, but you are allowed to exceed the cap by the same amount. If you add a $7 million injured player, you pay $7 million against your cap and receive the right to spend $7 million on a replacement. You gain no cap benefit from this. The two numbers cancel out. All it means is that you are out of pocket by the actual cash amount of the injured player's salary.
THERE IS NO BENEFIT.
Why are some people unable to understand this very simple arithmetic?