The real interesting thing will be what Hughes will do about Price?
3 options
1. LTIR before opening day and we maximize his cap ($83.5 & $10.5m). Is the worst option as it kills our cap space on day 1, and we can't open up or accrue space.
2. Don't use LTIR at all unless we need to do it due to injury. That means he's only on IR not LTIR to start season. Doing it this way means we get the full use of his $10.5m during the season if we need it. It also allows us to accrue cap space if we don't. However, it gives us a $73m cap for rest of team if we do it this way.
3. Do what we did last year with Byron. Maximize Price's LTIR before opening day then put another player on LTIR on opening day to use as cap space. We do not accrue space doing this either, but might still be best option. We would need to trade for a short-term LTIR player. Someone like Jake Muzzin from Toronto if Toronto doesn’t want to use LTIR and instead accrue cap space.
Trying to make the math work for option 1. I'm not sure this works but perhaps someone can correct the faulty assumptions.
Starting premise, waive Armia and Hoffman temporarily to Laval, this saves the 1.15M cap hit per player. Waive Rem, full cap hit buried. I left Wideman on the roster, it helps to have guys close to league minimum for the opening day calculation.
Thus, 'dead' cap = Eddy (1.75M retained) + Alzner (.8333M buyout) + Armia (2.25M) Hoff (3.35) + bonus overage carryover (1.17M) =
9.353M
Goalies (3) Price + Allen + Monty =
15.35M
Defense (8) Guhle, Harris, Barron, Kovo, Matheson, Savard, AX, Wideman =
13.921M
Forwards (6) CC, Suzuki, Anderson, Gally, Monahan, Dach =
33.072M
Forwards (6) RHP, Slaf, Pezz, Evans, DVo, Newhook (assume 2M) =
11.013M
Total (23) including Price and Dvorak = 82.71M
I think this allows the team to get under the cap with Price on the roster, then he and Dvo can be put on IR and Hoffman/Armia come back. You can jiggle it a little, ex. waive Wideman and add Andersson so there are 12 healthy forwards and you still have a league min salary there.
If nothing else, this would save bonus carryovers going into 24-25. Maybe the team can leverage the excess cap they gain in season as well.