Originally Posted by
2014olympicgold
Oh I know the LTIR rules to a point of talking about them. But I tend to mix up my thoughts on them, so I apologize.
Using LTIR is better than Off-season LTIR (OSLTIR).
- So in the off-season the teams are allowed to go 10% over the cap for a total of $89,650,000
- Leafs are at $94,865,199, so like 16.4% over the cap
- So they've utilized "off-season LTIR" to be able to do this most likely right?
- They're $5,215,199 over the 10% off-season cap relief. They move Clarkson ($5,250,000) onto OSLTIR. Leafs are 10% plus cap compliant
- They sit at $89,650,000 now. $8,150,000 over the cap. To be regular season cap compliant, you need to under the cap upper limit before placing ppl on "LTIR". Leafs need to get under $81,500,000.
- They waive Petan ($775,000), Agostino ($737,500), Marincin ($700,000), and Harpur ($725,000). Leafs sit at $86,712,500, or $5,212,500 over the cap.
- They move Horton ($5,300,000) onto OSLTIR. Leafs sit at $0 cap space with Hyman ($2,250,000), and Dermott ($863,333) on IR and the team roster (counting towards the cap still).
- Leafs LTIR Hyman+Dermott to get to$3,113,333 cap space.
Leafs bring up whoever they want for 15-20games until Hyman and Dermott come back. If they are away from the team for 15 games, they waive who they brought up the first time and activate Hyman and Dermott, they'd have ~$569,512 in cap space.
Or is my thought pattern wrong? It's completely different final numbers than my last page example lol. The cap rules are fun...ish.