SalarySwishSalarySwish

Loophole

Created by: pasha123
Team: 2020-21 Tampa Bay Lightning
Initial Creation Date: Jul. 8, 2020
Published: Jul. 8, 2020
Salary Cap Mode: Basic
Legend
Left Handed
Original Team
Waivers Exempt
Right Handed
Position
Trade Clause
Max Perf. Bonus
Expiry Status
Term Remaining
Logo of the Edmonton Oilers
Waivers ExemptMcDavid, Connor
$12,500,000 (Performance Bonus$250,000)
C
NMC
UFA - 5
Description
Not necessarily the trade or the signings but the idea of acquiring a player for LTIR purposes. Something along what Toronto did last year, where they used/acquired players on LTIR to get the quasi cap needed to field their team. I'm sure Tampa would love to move McDonagh but that may be hard. Tampa will be able to sign their main pieces and still have a fantastic team. Yzerman's familiarity with TB and it's players will allow him to get what he wants.
Another team TB could target is Anaheim for Kesler as he would have an extra year of LTIR that Tampa could use.
Free Agent Signings
RFAYEARSCAP HIT
3$4,625,000
3$4,625,000
2$850,000
2$750,000
1$925,000
4$2,000,000
UFAYEARSCAP HIT
2$2,750,000
1$700,000
1$900,000
1$700,000
1$700,000
Trades
DraftRound 1Round 2Round 3Round 4Round 5Round 6Round 7
2020
Logo of the TBL
Logo of the TBL
Logo of the PHI
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Logo of the DET
Logo of the TBL
Logo of the OTT
Logo of the TBL
2021
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the NSH
Logo of the NJD
2022
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
ROSTER SIZESALARY CAPCAP HITOVERAGES TooltipBONUSESCAP SPACE
22$81,500,000$87,425,000$0$500,000-$5,925,000
Left WingCentreRight Wing
Logo of the Tampa Bay Lightning
$8,500,000$8,500,000
LW, C
NMC
UFA - 4
Logo of the Tampa Bay Lightning
$6,750,000$6,750,000
C, RW
UFA - 2
Logo of the Tampa Bay Lightning
$9,500,000$9,500,000
RW
NMC
UFA - 7
Logo of the Tampa Bay Lightning
$4,450,000$4,450,000
RW, LW
M-NTC
UFA - 3
Logo of the Tampa Bay Lightning
$4,625,000$4,625,000
C, LW
UFA - 3
Logo of the Tampa Bay Lightning
$5,300,000$5,300,000
LW, RW
NTC
UFA - 2
Logo of the Tampa Bay Lightning
$1,800,000$1,800,000
RW, LW
UFA - 1
$900,000$900,000
C, LW
UFA - 1
Logo of the Tampa Bay Lightning
$5,000,000$5,000,000
RW, C, LW
NTC
UFA - 4
Logo of the Tampa Bay Lightning
$850,000$850,000
LW, RW
UFA - 2
Logo of the Tampa Bay Lightning
$925,000$925,000
C, LW
UFA - 1
Logo of the Tampa Bay Lightning
$750,000$750,000
LW
UFA - 2
Logo of the Tampa Bay Lightning
$1,650,000$1,650,000
C, LW, RW
UFA - 1
Left DefenseRight DefenseGoaltender
Logo of the Tampa Bay Lightning
$7,875,000$7,875,000
LD
NMC
UFA - 5
Logo of the Tampa Bay Lightning
$2,750,000$2,750,000
RD
UFA - 3
Logo of the Tampa Bay Lightning
$9,500,000$9,500,000
G
UFA - 8
Logo of the Tampa Bay Lightning
$4,625,000$4,625,000
LD/RD
UFA - 3
Logo of the Tampa Bay Lightning
$2,000,000$2,000,000
RD
UFA - 3
Logo of the Tampa Bay Lightning
$1,300,000$1,300,000
G
UFA - 1
Logo of the Tampa Bay Lightning
$6,750,000$6,750,000
LD
NTC
UFA - 6
Logo of the Tampa Bay Lightning
$925,000$925,000 (Performance Bonus$500,000$500K)
RD
RFA - 1
$700,000$700,000
RD
UFA - 1
ScratchesInjured Reserve (IR)Long Term IR (LTIR)
Logo of the Detroit Red Wings
$6,083,333$6,083,333
C
UFA - 1

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Top Comments

Jul. 8, 2020 at 1:10 a.m.
#1
Avatar of the user
Joined: Apr. 2020
Posts: 61
Likes: 22
Acquiring Zetterberg would give them zero additional cap room effectively. They would take on the 6.0833M cap hit and in return get 6.0833 of cap relief, leaving them at net 0 from the transaction
aedoran liked this.
Jul. 8, 2020 at 1:20 a.m.
#2
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Joined: Jan. 2016
Posts: 279
Likes: 52
Quoting: TSTTrocks
Acquiring Zetterberg would give them zero additional cap room effectively. They would take on the 6.0833M cap hit and in return get 6.0833 of cap relief, leaving them at net 0 from the transaction


That is true, but since Zetterberg isn't playing anymore he will be on LTIR for the whole year from day one. so effectively a team can go over the cap by the amount of salary on LTIR. it doens't give the team actual cap space just allows the team to replace that player up to his cap hit. The closer to that players cap hit a team is the better. That's what Toronto, Arizona and numerous other teams did last year.
mhockey91 liked this.
Jul. 8, 2020 at 2:05 a.m.
#3
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Joined: Jun. 2015
Posts: 15,921
Likes: 6,980
Quoting: pasha123
That is true, but since Zetterberg isn't playing anymore he will be on LTIR for the whole year from day one. so effectively a team can go over the cap by the amount of salary on LTIR. it doens't give the team actual cap space just allows the team to replace that player up to his cap hit. The closer to that players cap hit a team is the better. That's what Toronto, Arizona and numerous other teams did last year.


Yeah that’s such a weird and confusing concept. I remember Steve dangle tried to explain it and he even struggled
aedoran liked this.
Jul. 8, 2020 at 2:07 a.m.
#4
Formerly Jamiepo
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Joined: Jul. 2018
Posts: 21,157
Likes: 10,700
Quoting: pasha123
That is true, but since Zetterberg isn't playing anymore he will be on LTIR for the whole year from day one. so effectively a team can go over the cap by the amount of salary on LTIR. it doens't give the team actual cap space just allows the team to replace that player up to his cap hit. The closer to that players cap hit a team is the better. That's what Toronto, Arizona and numerous other teams did last year.


I still don’t think you are quite understanding. This does absolutely nothing to give them any wiggle room. Infact since salary is no longer accrued daily it actually gets worse come deadline.

Toronto was already in Ltir. They picked up the clarkson contract in case negotiations with marner ran long in order to get the ltir relief they needed to sign him.

If the cap is 81.5m and you spend 82m you are over by 500k. If you add a player to ltir and you now spend 88m you are still over by 500k.
aedoran and TSTTrocks liked this.
Jul. 8, 2020 at 2:11 a.m.
#5
Formerly Jamiepo
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Joined: Jul. 2018
Posts: 21,157
Likes: 10,700
Quoting: mhockey91
Yeah that’s such a weird and confusing concept. I remember Steve dangle tried to explain it and he even struggled

It’s simple, the leafs without marner would no longer be able to get ltir relief. The clarkson contract would allow them to keep him on ir and assemble a team that would qualify for max relief. When marner is signed clarkson goes on ltir.
mhockey91 liked this.
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