Help needed: Salary cap mental breakdown
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12-04-2005, 11:38 AM
Join Date: Sep 2005
Location: Salem, MA
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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