Value of: Question Regarding LTIR

[Perennial]

As I understand it a team's payroll can be up to 10% over the cap during the off-season, but teams must wait until the regular season before an injured player is eligible for LTIR...

Using Vegas as an example, their payroll is currently $84,250,000 (rounded up for simplicity), but that total still includes Tuch's 4.75 million cap hit, correct?

So once the season begins, Tuch will be placed on LTIR where his contract no longer counts towards the cap, and the team's total salary will fall t0 $79,500,000...

Do I have that right?

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[BurgoShark]

Kind of. LTIR will doesn’t make the total go down though. It lets you “bank” the accumulated $$ spent on LTIR contracts so you can go over. It’s also calculated on a running basis, so in real terms what happens is they get a pro-rated portion of Tuch’s cap hit banked for each day he spends on LTIR; Vegas will still be over the cap, but it will offset against the accrued LTIR space.

I believe it gets more complicated when players have bonuses paid, but I don’t understand that very well, and since Tuch doesn’t have any it doesn’t apply in this scenario.

It’s important to realise that the “total” is a projected amount based on the current roster. That number will fluctuate with each time a player is called up / sent down / buried / put on LTIR / recalled from LTIR / traded etc.

The way you have described though it is the easiest way to think of it (functionally) for players who are going to miss the entire season. His $$ don’t count and you can spend that money elsewhere.

 

[CupInSIX]

Pretty much, but I would imagine they want to bump up the accruable cap space limit to as close to 81.5m as possible by adding more cap before putting Tuch on LTIR. So it's likely they'll keep someone like Dugan on the roster until the final day (with Brown waived & sent down).

 

[TBF1972]

warning: trade proposal for las vegas is in the works.

 

[BurgoShark]

warning: trade proposal for las vegas is in the works.

… possibly one including puns in the title based on the players and/or teams involved

 

[Djp]

As I understand it a team's payroll can be up to 10% over the cap during the off-season, but teams must wait until the regular season before an injured player is eligible for LTIR...

Using Vegas as an example, their payroll is currently $84,250,000 (rounded up for simplicity), but that total still includes Tuch's 4.75 million cap hit, correct?

So once the season begins, Tuch will be placed on LTIR where his contract no longer counts towards the cap, and the team's total salary will fall t0 $79,500,000...

Do I have that right?

Yes and no

o think there was a change on the new CBA aloowing teams to place players on LTIR without roster moves.

previously a player on LTIR would go onto it on day 1 then teams would call up players against it or sign PTOs.

now they appear to just put them on.

the cap space rules are still the same.
Vegas won’t get Tuch full cap hit of space. They only get the space of cap - cap use without him in it.

if the cap is $81.5. Removing Tuch vegas is at $80M, they’d only have $1.5M to call up or sign players against.

 

[Djp]

Excess salary paid above the cap- performance bonuses go against the 7.5% cap bonus cushion. Exceeding that gets rolled over.