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01-03-2012, 12:51 PM
Wellwood You
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Join Date: Dec 2008
Location: Burnaby, BC
Country: Canada
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Originally Posted by thepuckmonster View Post
I read that you can use LTIR space retroactively.

Edit: Source, seems to be pretty across the board on it.
The pertinent part of that thread you'll want to note is this:

Originally Posted by mouser View Post
They can retroactively place the player on LTIR, but the club doesn't get any cap benefit for the time between when the player was initially injured and when they placed the player on LTIR. Technically the club doesn't gain any benefit until the LTIR exception is actually used to allow the team payroll to exceed the cap--unused LTIR exception time/$ disappears as it goes unused, it doesn't accumulate like unused payroll room does.
Emphasis mine.

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