Help needed: Salary cap mental breakdown
Why do we think the Flyers are going to be able to add any ol' salaried player they want at the deadline?
It occurred to me this morning that I've taken a few things to be true:
1) the $39M cap figure is fixed, and does not decrease with each progressive day of the season
2) at any day of the season, a team must remain at or under the cap figure or their injury-adjusted cap figure
3) on any given day, each player's average annual salary counts toward that cap figure
Is there something I've not been interpreting correctly? For example, if the Flyers hypothetically added JR at the deadline, they'd only pay him his pro-rated salary. However, for cap purposes, he'd count as $4.5M (or whatever he makes exactly). LA wouldn't count him once he'd be traded. Anaheim didn't count Fedorov's $6M once he was traded, and Columbus didn't count a pro-rated figure to their books once he was added. They will pay Fedorov a pro-rated figure this season, but he'll count for more. No?
I think we've all been interpreting this incorrectly. Opinions are welcome, but I'm really looking for concrete evidence to the contrary.
It is prorated.
If for example the Flyers aquired player X, who makes $4 million, after game 41. The Flyers would be on the hook for $2 million dollars, and would need to have that amount available under the cap.
Fedorov doesn't get taken off the books of Anaheim. If he made $4 million and was on Anaheim's roster for 25% of the season, and the BJ's for 75% of the season Anaheim would get charged $1 million for Fedorov and the BJ's would take a $3 million hit.
You have to think about this in terms of accural accounting.
For ease of calculations, lets assume player X's cap hit is $3.6M, and there are 180 days in the NHL season.
Then for each day the player is on the cap, the team is charged $20K to their cap number. At the end of the season, this is added up, and cannot exceed $39M.
During the season, a separate calculation is made that says 'if the roster stays the same for the rest of the season, how much will this team accrue. This is then added to the amount already accrued against the cap, and again cannot exceed $39M.
Once an amount is accured against the cap, it's in the past, and no trade, waiver, or any other roster move gets that cap space back.
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