View Single Post
Old
01-03-2012, 12:54 PM
  #63
Wetcoaster
Registered User
 
Wetcoaster's Avatar
 
Join Date: Sep 2003
Location: Out There
Posts: 53,140
vCash: 500
Quote:
Originally Posted by thepuckmonster View Post
I read that you can use LTIR space retroactively.
No.

You can place a player retroactively on LTIR but with LTIR exception space it is "use it or lose it" since it only kicks in once you have reached the upper limit of the cap. Once player is healthy and he comes off LTIR then you have to reduce your daily cap hit to be cap compliant.
A Club's payroll will include all salaries, signing bonuses and performance bonuses paid to players. Except in the case of bona fide long-term injury (injuries that sideline a player for a minimum of 24 days and 10 games) to one or more of a club's players, Club payrolls will never be permitted to be below the minimum or in excess of the maximum. Clubs at or near the upper limit that have players who incur a bona fide long-term injury will be entitled to replace up to the full value of the injured player's NHL salary (even if such salary would result in the club's team salary exceeding the upper limit). The "replacement salary" will not count against the club's upper limit but will count against the League-wide players' share. Upon return of the injured player, the team must come into immediate compliance with the requirements of the payroll range.
http://www.nhl.com/ice/page.htm?id=26366

Wetcoaster is offline