I don't know if anyone else has posted it, but in Carp's article yesterday, he noted that Jones' contract won't include any performance bonuses.
Rangers at the trade deadline: Gorton's quiet day, Jones' arrival, Kraken protections, DeAngelo's future, more
Jones is reportedly close to signing a deal with no performance bonuses, which would begin and burn the first year of the contract right away.
If that's the tradeoff for burning the first year, that's good for us. Kakko, Laf, Kravtsov, Fox and Miller will have a combined 7.55 mil in potential bonuses. That puts us 1.4375 mil over the bonus cap.
Lundkvist will likely have bonuses, maybe max bonuses (2.85 mil). I don't know if Lundkvist will be eligible for a deal similar to Jones. I don't think he'll be able to burn a year by the time he signs, since the NHL season will be over. So more likely, his ELC will start in 2021-22 and will include at least some bonuses. Given that he is one of the top prospects in the world, the bonuses are likely to be significant.
Other players with bonuses who could make the team:
Barron: 850k
Richards: 500k
Schneider: 400k
Robertson: 132.5k
Reunanen: 82.5k
Skinner: 82.5k
Rueschhoff: 57.5k
If we assume Lundkvist and Barron both make the team, and Lundkvist gets max bonuses, that puts us at 11.25 mil, which is 5.1375 mil over the bonus cap. That means we'd have to leave at least 5.1375 mil in cap space free to accommodate those potential bonuses. Fortunately, that shouldn't be a problem since we have so much cap space next year, but not having Jones with bonuses helps to get us under the bonus cap sooner rather than later.
After next year, Kakko, Kravtsov and Fox will all be off their ELCs. Of course, we'll have to pay them more than they are making now, especially Fox, but they won't have any performance bonuses and we should be able to get the total bonuses under the cap, or very close to it, depending on how much Lundkvist gets.