The Rangers will have $10,062,500 in performance bonuses with Alexis Lafrenière at $2,850,000. Max bonuses.
The bonus cushion is 7.5% of the $81.5M upper limit. $6,112,500. The Rangers can't exceed that amount.
The Rangers will need to leave $3,950,000 in space. So whatever number the Rangers end up with will need to leave that amount of space to start the season in January.
ARTICLE 50 50.5-50.5
Once the bonus is unreachable, the Rangers will have more space. Not right now.
Can't exceed the 7.5%. $6,112,500. The Rangers will have $10,062,500.
Any bonuses exceeding the $81,500,000 upper limit are rolled over to the 2021-22 cap.
The NHL MOU allowed teams to spread out their bonus overage in 2019-20 between the next two seasons. Just for this off season.
Re-sign the 4 arbitration bound group II free agents. Say it will cost $13M for all 4 players. The Rangers have around ~$8M left with Lafrenière at $925,000. Fill out the roster. Is Brendan Smith a defenseman or a winger? He has played more wing than defense in the last two seasons. The Rangers don't have much flexibility. Maybe they don't want to carry a bonus overage into 21-22. The Rangers have ~$4M to play with after leaving space for the bonuses. The Rangers couldn't give Jesper Fast $2M.
If Morgan Barron and/or Vitaly Kravtsov are on the team, they both have $850,000 in bonuses.
It is complicated.