Thread: [News] NHL Training Camp PTOs
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Old 08-22-2023, 02:31 PM   #43
You Need a Thneed
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Quote:
Originally Posted by Bingo View Post
That wasn't the case in this example though.

By getting to 100% cap level you can use all the LTIR you have coming to you. If you don't you lose that amount going forward.

This was to create cap space, not burn it.
Literally the only thing upsetting about that whole scenario is that Grossman was worse than anticipated (he wasn’t expected to be good, as that would have been harder to justify termination of the contract).

He was signed specifically to maximize cap space.

It had to be an unsigned player, so that the contract could be signed to exactly the right dollar amount. The player had to be an actual player who had played before, and the player had to be under replacement player level at best.

Enter Grossman who got paid $10,000 plus to play two games and then have his contract terminated.
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