Salary cap crunch around the league

[Ducky]

1 hour ago, Taro T said:

Until training camp ends.

You mean there's a period there where they have to be under and then all of a sudden they can put a player on LTIR?

What an absurd rule.

[Taro T]

Just now, Ducky said:

You mean there's a period there where they have to be under and then all of a sudden they can put a player on LTIR?

What an absurd rule.

Not sure what you're getting at.  During the league year, prior to the season beginning, teams are allowed to be over the salary cap by up to 10%.

Once the season is set to begin, all teams need to have a 23 player max roster that complies with the salary cap.  At that point, the 10% cushion is eliminated.

At the trade deadline, the 23 player limit goes away but teams must still comply w/ the cap.

[Thorner]

27 minutes ago, Ducky said:

You mean there's a period there where they have to be under and then all of a sudden they can put a player on LTIR?

What an absurd rule.

Ya, a team has to be compliant under the cap, including injured players, and then that player(s) can be moved to LTIR, and the team can exceed the cap by up to the amount of that injured player's salary. 

Edited October 25, 2020 by Thorny

[dudacek]

Mirtle with a nice deep dive into this situation, beneath the surface numbers.

He factors in things like LTIR, bonuses and pending RFA signings.

https://theathletic.com/2156956/2020/10/26/nhl-salary-cap-crunch-free-agency-teams/

His conclusion, the Lightning, Islanders and Knights are in trouble.

Nine teams, including the Sabres (he says we're on the bubble) are basically capped out.

Eight teams have the wiggle room for a minor add if they choose, but are just as likely done.

Five teams have space for a solid move.

And six teams (Ottawa, Florida, Detroit, LA, New Jersey and Nashville) hold about 2/3rds of the available cap space and are in a position to make big additions.

[dudacek]

Im pretty sure the cap is flat again, guaranteed as per the CBA.

Internal budgets and how much actual spending there is will be interesting given the lack of revenue likely to be collected this year.

[thewookie1]

19 minutes ago, dudacek said:

Im pretty sure the cap is flat again, guaranteed as per the CBA.

Internal budgets and how much actual spending there is will be interesting given the lack of revenue likely to be collected this year.

I could of sworn they said depending on the revenues it could go up 500k. But maybe that's year 3?