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Speculation: Caps Roster General Discussion (Coaching/FAs/Cap/Lines/etc) | 2023-24 Regular Season Edition

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Sucks about Nicky, but probably the right decision. A few of us thought he actually looked much better in the preseason. But in the regular season, he's looked like the way he did last year.

I'm excited to 24 as 3C. But he needs better wingers. Mantha and Phillips are not ideal.
 
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CapitalsCupReality said:
Sorry you don’t get the Internet. The point stands. We’re not taking others junk for our cap space….we’re not there yet.



That’s obvious, but they’re not giving up early, they’re going to try like last season until they are eliminated or close to it. They owe that to Ovechkin.
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Agree on the bolded, but . . . if as we're getting close to the TDL the Caps are not realistically in the mix for a playoff spot and if the Caps have the cap space to accept another team's unwanted anchor (for the price of decent picks and/or young prospects) - why not make use of that space to improve the club over the longer term? The alternative is that the team's asset (in the form of cap space) simply dies at the end of the RS. Cap space is a time-limited commodity, and "taking others (sic) junk" make be the most productive use of that asset.
 
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Empty Goal Net said:
Agree on the bolded, but . . . if as we're getting close to the TDL the Caps are not realistically in the mix for a playoff spot and if the Caps have the cap space to accept another team's unwanted anchor (for the price of decent picks and/or young prospects) - why not make use of that space to improve the club over the longer term? The alternative is that the team's asset (in the form of cap space) simply dies at the end of the RS. Cap space is a time-limited commodity, and "taking others (sic) junk" make be the most productive use of that asset.
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If/when it comes time for it, I would only entertain a retention for the current season, nothing longterm.
 
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Nicky LTIRetiring is the best thing that could have happened to this franchise from an on-ice perspective. It absolutely sucks that he’s going out like this but between him being done and Mantha leaving after this season that’s an additional $15M in cap space. They could also use their new cap space to be a third team in a trade where another team needs retention and add more assets.

Paying Nick $9.2M per year to be a replacement level player was the biggest obstacle for them in the hopes of staying competitive. This doesn’t guarantee that they can keep the window open but it sure helps.
 
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tycoonheart said:
Sucks about Nicky, but probably the right decision. A few of us thought he actually looked much better in the preseason. But in the regular season, he's looked like the way he did last year.

I'm excited to 24 as 3C. But he needs better wingers. Mantha and Phillips are not ideal.
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I'll give Mantha some credit, he has looked better lately.

Either way I think there should be no rush to fix our 3rd line wingers situation, its a small problem to have and we still got Pacioretty, apparently.

I'd rather acquire a first line player to push Oshie/Milano down the lineup than get another depth player.
 
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AlexBrovechkin8 said:
Nicky LTIRetiring is the best thing that could have happened to this franchise from an on-ice perspective. It absolutely sucks that he’s going out like this but between him being done and Mantha leaving after this season that’s an additional $15M in cap space. They could also use their new cap space to be a third team in a trade where another team needs retention and add more assets.

Paying Nick $9.2M per year to be a replacement level player was the biggest obstacle for them in the hopes of staying competitive. This doesn’t guarantee that they can keep the window open but it sure helps.
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Have they confirmed LTIR yet? If it's just IR then I don't think that removes the cap hit, it just frees up a roster spot, right?
 
Who’s our resident capologist?


If he’s on IR, can they at some point retroactively place him on LTIR; and is there any cap benefit or is relief only at the point he’s added to LTIR?
 
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we will see Nick on LTIR as soon as they need to go over the Cap. For a long term period (more than a day or two).

I am fine with them filling the LTIR slot now, as long as it’s a good use of the space. They have more than enough players, but they sure could use an upgrade here and there.
 
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Assuming the Backstrom situation is final, which I question due to how the man himself wants it and not how the team perceives it, do we think they'd be willing to trade him in the offseason for capspace? Does Ted allow that? Do the fans find it palpable?
 
Brian23 said:
Assuming the Backstrom situation is final, which I question due to how the man himself wants it and not how the team perceives it, do we think they'd be willing to trade him in the offseason for capspace? Does Ted allow that? Do the fans find it palpable?
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LTIR is essentially the same as the cap space without the PR disaster of trading him.
 
Calicaps said:
I'm not a capologist at all, but I am fairly certain they can use LTIR retroactively.
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If I'm not mistaken I think they just did it with Dowd to get somebody called up, I don't remember if it was HHA or Lapierre.

I don't fully remember how accurate this is but for as long as they're under the cap without getting into the LTIR cushion it's better for them to do that for the deadline, but I think that means that as the season creeps along the ability to LTIR Backstrom later should still give them weaponized cap space.

Like, if they creep up to the deadline with a little spending money they might be able to add a cheaper "1-2m contract" or whatever based on AAV, but if they also LTIR Backstrom and dip into his cap at that point then I think they get to add his entire AAV to their pocket money?
 
I don't think LTIR can be "banked" in any way so it's just some prorated amount based on when LTIR starts and ends, iirc.
 
g00n said:
I don't think LTIR can be "banked" in any way so it's just some prorated amount based on when LTIR starts and ends, iirc.
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It's not that LTIR can be (it can't), but we know that cap space can (or could, that might have changed).

Far as I know no matter when they LTIR Backstrom they'll be able to add his 9.2 AAV to their spending pool and do a sort of reverse/non-returning Kucherov, but if they could manage to get under the cap without needing to use the LTIR cushion that 9.2 could look more like, I don't know, 12 AAV or something by the deadline of weaponized cap space

I think it's probably all moot because they're pretty unlikely to get under the cap without magically losing Pacioretty and Edmundson in the woods or trading TvR+ like right now, but it's something I want them to seriously eyeball next year.
 
Not a capologist, but found a copy of the CBA. As any of you who have looked at it know (and many who have not likely suppose), it's dense legalese. Multiple pages deal with LTIR and how it affects the cap as well as the #s that go into measuring total revenue and the like.

If I read this correctly, Nick's last game can be the beginning point of calculating salary room for any added players regardless of when he is placed on LTIR (bold added).
[Section 50.10(vi)]
... If a Club exercises this Bona-Fide Long-Term Injury/Illness Exception, the unfit-to-play Player that the Club replaces shall be placed on the Long-Term Injury/Illness Exception List, and is required to remain on such list until twenty-four (24) calendar days and ten (10) NHL Regular Season games have elapsed from such Club's
schedule – measured from the later of the date of the Player's becoming unfit to play or the Player's last game played – even in the event that the Player once again becomes fit to play earlier than anticipated, and prior to the elapsing of twenty-four (24) calendar days and ten (10) NHL Regular Season games;
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And here's the example from the CBA that's somewhat close to the Caps' current situation (note that it presumes election of LTIR at the same time new player(s) are added, which makes sense 'cause it's the latest possible time for a team near the cap to put an injured on LTIR and replace him):
During Season Illustrations:
Illustration #3: The Upper Limit in a League Year is $70.0 million. A
Club has an Averaged Club Salary of $69.0 million (excluding Earnable
Performance Bonuses up to the full amount of the Performance Bonus
Cushion) for half of the season. A Player who has an SPC with an
Averaged Amount of $4.0 million becomes unfit to play at the halfway
point of the season. On the same day, the Club exercises the Bona-Fide
Long-Term Injury/Illness Exception on the unfit-to-play Player. The Club
may then replace the unfit-to-play Player with any Player or Players who
have SPCs with an (aggregate) Averaged Amount of $4.0 million. If these
replacements are made at the time of the Bona-Fide Long-Term
Injury/Illness Exception election and are maintained through the
conclusion of the season, the Club's Averaged Club Salary is $71.0
million, as the Club is permitted to exceed the Upper Limit by $1.0
million because of the Bona-Fide Long-Term Injury/Illness Exception.
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So it seems possible to back-date Nick's LTIR status to his last game (or whenever thereafter he was officially determined unable to play by a team physician).

Other language in the CBA deal with the effects of a player returning to play from the LTIR. (I do not expect that to be the case with Nicky, but the team needs to be cautious depending on his outlook and the doctors' prognosis.)

My read could be wrong here, and it's difficult to understand all the ramifications of the CBA language, despite the examples provided therein.
 
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Joe B. just mentioned that Backstrom will still be training with the team off the ice, just not participating in on-ice practice sessions. Interesting to say the least.
 
Brian23 said:
Assuming the Backstrom situation is final, which I question due to how the man himself wants it and not how the team perceives it, do we think they'd be willing to trade him in the offseason for capspace? Does Ted allow that? Do the fans find it palpable?
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Honestly Ted probably won't. Most fans of the team want is best for the future and Backstrom to be happy.
 
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