: Salary Cap:
Rangers to create cap flexibility w/Staal on LTIR
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11-04-2011, 05:39 AM
Join Date: Dec 2005
Location: Long Island,New York
Originally Posted by
Assuming they place Staal & Kolarik on longterm IR, does this mean there will be available cap space around the deadline? How does this exactly work?
If I remember this correctly, if the Rangers are right up against the salary cap when they put Staal and Kolarik on LTIR, they can go over the cap by as much as what their salaries are, retroactive to the start of the season. This means they would get the benefit of using those players full salaries.
So basicly the Rangers will have an extra 4.5 million in cap space to work with. In addition to any cap space they have when they send other player back to the AHL that they used to get as close to the upper limit is possible.
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