: Salary Cap:
Rangers to create cap flexibility w/Staal on LTIR
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11-04-2011, 10:06 AM
Join Date: Apr 2004
Originally Posted by
The way the LTIR "overage" works is that you can only use the LTIR cushion while the player is on LTIR. While Staal's out, they can use that ~4M elsewhere, but as soon as he's taken off of LTIR, they have to immediately become cap compliant (e.g. through demotions, waivers, or trades). The LTIR "overage" cannot be saved and stockpiled for later in the season. It's sole purpose is to allow a hockey club to replace a player during the duration of his long-term injury, and it only benefits teams at the cap ceiling, as the overage only takes effect if they would be over the cap by adding a player.
Yeah, in fact the regulations for injured players are pretty tough for injury-hit teams so to speak.
Most teams lives on saved up money later in the season. If you go into the year with like 800k of space, by the end of the year you got much more flexibility.
But if you have expensive player out for like the year and replace him for that season, a cap team can't save a thing....
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