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09-06-2013, 09:59 PM
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Originally Posted by bozwell View Post
remember the oilers have 1.4mill in cap space
Originally Posted by Jimmi Jenkins View Post
Yup, that's what Cap Geek says.
Sorry to challenge 2 of your posts in 1 night bozwell but you are interpreting capgeek incorrectly.
Under the collective bargaining agreement struck in 2013, a performance bonus cushion is in place for all years of the deal, including the last one in 2021-22.
The performance bonus cushion allows teams to exceed the upper limit with performance bonuses to a maximum of 7.5 percent of the upper limit.
For example, if the upper limit is $64,300,000, teams can exceed it by $4,822,500 in performance bonuses. Any performances bonuses in excess of that total do not fall into the cushion and are counted as part of the team's cap payroll.
We have $2.85M in bonuses counting against next year so far. So we have an additional $2M in cap space to use this year. The contract can be set up as mostly bonus money. Ie what Boston did with Iginla's contract: $1,800,000 salary + $4,200,000 (easily attainable bonuses) = $6,000,000.

Plus we can send down a player like Larsen to save another $900K in cap space. ($1,025M - ($550k + $375k)) = $100k cap hit and $900k cap space.

The Oilers have at least $4.25M to sign a UFA.

Last edited by Usual_Suspect: 09-06-2013 at 11:30 PM.
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