View Single Post
Old
09-06-2013, 09:59 PM
  #23
Usual_Suspect
Registered User
 
Usual_Suspect's Avatar
 
Join Date: Jul 2007
Location: 3 hours South
Country: Canada
Posts: 1,817
vCash: 500
Quote:
Originally Posted by bozwell View Post
remember the oilers have 1.4mill in cap space
Quote:
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.

http://www.capgeek.com/faq/how-do-pe...gainst-the-cap
Quote:
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. http://www.capgeek.com/new-cba/

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


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