What we can spend today (pleasecorrectme if im incorrect):
Summer Cap 10% Cushion $8,800,000
Backstrom's LTIR Relief $9,200,000
less current overage. $2,831,667
subtotal $15,186,333
So from the subtotal we need to subtract anyone who is on a one-way (Shep @$1M) and what we pay MMC.
So let's say for simple math we pay CMM $4,166,000
That gives GMBM $10,000,000 to play with.
Thats without any Oshie LTIR factored in. We then have to deal with losing the Summer Cushion by training camp. But then we can use potential relief from Oshie LTIR. Not sure of the exact timing of that.
Other factors are we can trade out players before training camp and I believe be can delay the CMM signing until any Oshie LTIR Relief kicks in (although we may have come to terms) as by extending the QO we retain his rights.
If all the foregoing is true we have $10M to playe with today.