The Man in the Box
- Aug 23, 2006
You guys are such giant nerds.
And please don't change. <3
And please don't change. <3
I wonder if a lack of interest caused Subban to retire in the hopes a desperate team comes calling during the season.Subban literally fell off a cliff. I'm not really sure if there was a single catalyst to it, just kind of lost it.
What is Makar worth?If anyone in the league is worth $12.6 million a year it’s him, but they are going to lose some significant depth if the cap doesn’t go up considerably next season. That being said, they did a great job of locking up their core pieces, and already have a cup under their belt.
Cool story.They're a local company, recently built a big new office in North Station, and happen to be one of our first and longest customers at my startup company and one that I managed for 4 years. Pretty cool to see from my perspective.
That Spencer Knight Contract combined with the Jake Oettinger contract is probably going to give us a really good idea of Swayman's next deal. Somewhere in that 4.5mil a year range for sure now.Sounds like the Pasta extension talks are headed in the right direction.
That's a huge commitment for a player who didn't come close to meeting expectations last year.Barzal signed an 8 year deal - AAV 9.15
What is LTIR?
Buried contract primerWhen a player is injured and expected to miss at least 10 NHL games AND 24 days of the NHL regular season, they are eligible for placement on LTIR. While a player is on LTIR, their team may exceed the salary cap.
Despite the common misconception, a player on LTIR does not have their cap hit removed from the team’s cap total. LTIR allows the team to potentially exceed the cap by an amount commonly referred to as the “LTIR Pool.”
How much can the LTIR team exceed the cap?
There are two methods for determining a team’s LTIR Pool, which is how much they can exceed the cap.
1. If a team is under the cap prior to placing the player on LTIR, then the LTIR pool is the injured player’s cap hit minus the team cap space available at the time. For example, if a player with a $4 million cap hit goes on LTIR, and their team has $100,000 of cap space the team’s LTIR pool would be $3.9 million ($4 million-$100,000). Because of this, teams often make several roster moves right before a player goes on LTIR to be as close to the cap as possible to maximize their LTIR Pool.
2. If a team is over the league’s $82.5 million cap when they submit their opening roster, their LTIR pool would be the amount they exceed the cap. For example, if a team is $3 million over the cap and places a player on LTIR with a $4 million cap hit, their LTIR Pool would be the $3 million they exceed the cap.
This is why a potential LTIR team tries to be as close as possible to the cap ceiling (method 1), or be over the cap by an amount close to the injured player’s cap hit (method 2) for their opening roster submission.
Once a team’s initial LTIR pool is established, any additional players going on LTIR throughout the season have their cap hit added to the existing LTIR pool
What is a Buried Contract?
Teams do not receive full cap relief when a player on a one-way NHL contract is reassigned to the American Hockey League, or is loaned to a team in another professional league.
The players salary cap hit, minus the sum of the minimum NHL salary for the respective season and $375,000, still counts towards the team’s salary cap total.
The cap hit relief is therefore equal to the minimum salary of the respective season + $375,000:
- 2022-23: $750,000 + $375,000 = $1,125,000
Quick beer math says they are still roughly 285k over the cap if they don't get claimed? Or am I missing something. Seems like I am as I thought sending down Wags/Foligno got them compliant if they weren't claimed. But as I said above I'm terrible at figuring out cap shit. HahaIn other words, the Bruins would save $1,125,000 x3, or $3,375,000 total, if none of Foligno, Reilly and Wagner are claimed and all three are reassigned to Providence (this does not include the impact of replacing them on the roster).
Edit: As I see it, they basically need Reilly or Foligno to be claimed in order to get into salary cap compliance in order to maximize the LTIR pool. Foligno is unlikely to be claimed, while Reilly is more likely (albeit not a certainty) to be claimed.
Technically, I think it means that the LTIR pool ends up being approximately $285k (to use your number) or $356k (to use @BruinsCapSpace number) if Wags, Reilly and Foligno clear waivers and are assigned to Providence. Probably means there are additional cap shenanigans to get them to the cap before they put Marchand and/or McAvoy on LTIR. Also, they need to sign Stralman.Quick beer math says they are still roughly 285k over the cap if they don't get claimed? Or am I missing something. Seems like I am as I thought sending down Wags/Foligno got them compliant if they weren't claimed. But as I said above I'm terrible at figuring out cap shit. Haha
I’m guessing they sign Stralman.Uh, going off Matt Porter’s Globe story, I only see 5 defensemen for Wednesday night: Lindholm, Carlo, Zboril, Clifton and Forbort. Are they expecting Grzelcky to play Wednesday?
That's who I missed, Lauko. I didn't add his contract. That's the number discrepancy. See I'm terrible at this. HahahaTechnically, I think it means that the LTIR pool ends up being approximately $285k (to use your number) or $356k (to use @BruinsCapSpace number) if Wags, Reilly and Foligno clear waivers and are assigned to Providence. Probably means there are additional cap shenanigans to get them to the cap before they put Marchand and/or McAvoy on LTIR. Also, they need to sign Stralman.
EDIT: It is probably in the team's best interest not to send any of the three to Providence, given the LTIR pool, and to sign Stralman before Monday afternoon, if the organization cannot get below the cap by then. That would probably mean Hall and Gryz to IR, Lauko to Providence (not subject to waivers). The LTIR pool would be the amount of the overage ($285k/$356k plus $3,375mm, plus Stralman, less Lauko), so it would behoove them to make the pool as large as possible. It is quite possible that only Marchand will be placed on LTIR, given the numbers (roughly $4-4.5mm over cap, given this scenario).
LTIR is a 10 game minimum. There’s also a ‘regular’ IR which just opens a roster spot and contains no cap benefits. I don’t believe there is a games missed requirement for it. If Grz is only going to miss a game or two, they could use it as a short term solution to get to 23, then make the call on who goes down when he’s ready. Assuming the 3 waived players clear, the team would have a 30-day window to assign them to Providence before having to waive them again.Doesn't that require him missing the first 10 games though? So it's not just if he's ready for Wednesday, but long is he out after that to see if it makes sense to IR him or not.
Gotcha - I thought you were referring for cap relief. But makes sense. Sweeney just confirmed he won't start on LTIR at least.LTIR is a 10 game minimum. There’s also a ‘regular’ IR which just opens a roster spot and contains no cap benefits. I don’t believe there is a games missed requirement for it. If Grz is only going to miss a game or two, they could use it as a short term solution to get to 23, then make the call on who goes down when he’s ready. Assuming the 3 waived players clear, the team would have a 30-day window to assign them to Providence before having to waive them again.
In the event that a player is injured and a Club wishes to place him on the Injured Reserve List the Club must follow these procedures:
- A club may place a player on the Injured Reserve List if such player is injured, disabled or ill and unable to perform his duties as a hockey player after having passed the Club's initial physical examination in that season.
- A player who has an injury that renders him physically unable to play for a minumum of seven days after that date of the injury can be placed on the Club's Injured Reserve List. Once a player is placed on the list, the Club may replace said player on its NHL roster with another player. All determinations that a player has suffered an injury warranting injured reserve status must be made by the Club's medical staff and in accordance with the Club's medical standards.
- A player placed on Injured Reserve is ineligible to compete in NHL games for a period of not less than seven days.
- Players on Injured Reserve may attend Club meetings and meals, travel with the Club and participate in practice sessions
I think it’s a lack of cap space around the league. There aren’t many teams that can take on $3 million.little surprised Reilly wasn't claimed