Agree with all points on LTIR.
But...
For me, the irk is that the new GM system seems to be that you need to be set-up in the pre-season to activate LTIR. (13 of 32 NHL teams set themselves that way, by luck or by plan, this past year. Vegas being #1.)
[If I understand it right, a team/GM has to have some numbers luck to go to LTIR in the middle of a season and maximize the situation. It's hard to do when you start playing by the base cap.]
If you can set-up your initial team to maximize LTIR at near the cap (the $82.5m-ish max, once the injured players are subtracted)... then you have an OPTIONAL cap play that a non-LTIR team doesn't have.
So the trend, is more&more teams/GMs seem to be wanting to have the LTIR player on roster to start season.
And not just the LTIR situation... but a big-mammoth LTIR situation, high $$$ player, out ALL year, that ensures your team never comes "out" of LTIR when one of the players is "healthy".
Such was Vegas the past year with Weber, Patrick, Lehner. Even if Lehner came back, they're still LTIR with Weber/Patrick.
I don't love this.
I wouldn't say this is an "all teams can do this" sort of function.
There's probably 8-15 high-contract LTIR players at any given time, so maybe half-the-league has a shot at these players.
[Maybe somebody has the numbers, but I'd bet teams that enter LTIR at start of season has been on rise over past 5-10 years.]
The current LTIR seems to favor any team that has a major $$$ LTIR contract.
They have flexibility to have more guys go down on LTIR... they can patch in... get to playoffs... and roster an insanely high playoff cap.
For me, the NHL just needs to institute a playoff cap.
I'll be shocked if the NHL doesn't do something about this.
It reminds me of the trickle-off final contract years that so many stars had back in the early 2000s... and the NHL eventually right that.