Quote:
Originally Posted by Oil Stain
I always thought that teams had to be cap compliant on day 1 and could only start exceeding the cap after LTIR started to accrue.
Apparently that's not the case and it makes me wonder why teams were giving assets to Arizona over the years rather than just using their LTIR contracts to exceed the cap?
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Because you don’t simply subtract the LTIR amounts, you can only use them to get to the cap ceiling. So, you aren accruing any space.
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