They’ll use it for more flexibility in season and potentially at the trade deadline.
From Hughes below:
If general manager Kent Hughes could manage to get his club right under that number, they’ll be able to place Price on LTIR after the start of the NHL season, giving them the ability to accrue cap space throughout the season, while also having the option to go over the salary cap thanks to Price’s contract.
“We often have discussions and opted against it, which is to avoid going into offseason LTI. When you do that, even if we use 2 million, let’s say, if we put Carey on offseason LTI, his money is gone,” said Hughes regarding the situation. “We lose the flexibility during the year, like last year, with all the injuries and overages, which carry into the following year. With each passing year, we’re going to be more mindful to try not to do that.”
After unloading Jeff Petry, the plan for the Montreal Canadiens is quite clear. General manager Kent Hughes is going to do everything he can to maximize their salary cap situation before the start of the season. Since the blockbuster three-way trade with the San Jose Sharks and the Pittsburgh...
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I’m sure if a Monahan trade came along this off-season Hughes would have looked at it but it didn’t for any team. A 2nd was the highest any team got this off-season for taking on Cap dumps.