- Dec 20, 2018
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The Johnsson in the AHL option is an intriguing one but might not be quite enough. If he was in the AHL all season it would give us 1.075M in cap relief.
So
1.075M (Johnsson relief)
+0.073 (current space)
+0.160 (relief Bahl/Okhotiuk replacing Nemec)
= 1.308M in cap space (approximate)
And that would be with 21 players on the roster. Without Zetterlund contract and Holtz, Foote, Geersten or Thompson call-up. Would need 2 of those guys on the roster which would take us just over the cap.
Johnsson traded even at 50% retained would do it but we’d be tight.
This whole situation is dependant on Bernier and may not matter if he’s on LTIR for a while and say someone else is on it by the time he comes back.
But if we can get rid of Johnsson we definitely should IMO even if there’s a little cost with it.
The nice thing about all this is that we have a lot of money coming off from these average veterans next off-season.
The cap hit relief from buried contracts went up, it’s 1.125m now.
We can also replace Mercer & Nemec/whoever with 750k two-way AHL players.
*Note: I always warn about how I could be wrong about CBA/business stuff and this LTIR so this gets all the warnings lol.*
Cap Friendly does a good job of explaining the basics of LTIR, after warning it’s gets even way more complicated and arcane.
I can’t post the whole thing but LTIR’s salary relief involves an “accruable cap space limit” (ACSL), which is basically the team’s new upper cap limit.
It’s calculated this way:
The important part is at the end of Training Camp Equation part:
“The closer the ACSL is to the league upper limit, the greater the team will be able to exceed the upper limit.”
Well guess what, starting slightly over the cap in the last day of camp and then putting a player making 4.125m on the IR on the first day of the season is the exact opposite of that.
Whatever our plan is, it’s not that. We need to get right under the 82.5m with 23 man roster on the last day of training camp or, if Bernier is looking like a very long term resident of LTIR, we could get 4m above it.
If we did the latter then obviously we would have to move cap if/when when Bernier came off the LTIR (assuming no one went on it to offset it).
Capped out or teams near the cap with LTIR players put a lot of work into making sure they get their ACSL to end up around the upper cap limit at the start of the season.
You can actually see the results of all the cap gymnastics in “Archive” Past Caprolls on Cap Friendly. They have a chart where you can see it listed vs cap hit.
Here’s more from Puckpedia. Again you can see, IF Bernier is going to be out a while, why we are most likely going to try get right under the 82.5m on the last day of camp before he goes on the IR.
To put it another way, no team slightly goes over the cap to start the season and then puts a guy making +4m on the LTIR. It’s just bad cap management.
Long Term Injured Reserve (LTIR) - High Level Overview | Puckpedia
To qualify for LTIR, a player must be expected to miss at least 10 NHL Games AND 24 days of the NHL season When a player is on LTIR, a team may exceed the salary cap. Despite the common misconception, LTIR does not remove a Cap Hit from a team’s overall Cap Hit, it just potentially allows the...
puckpedia.com