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Can someone please explain Cap Credit

Created by: FanOfAllTeams
Team: 2022-23 Philadelphia Flyers
Initial Creation Date: Jul. 12, 2022
Published: Jul. 12, 2022
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
I don’t know how it works or effects the cap unlike a cap hit. Can someone please explain the differences it has to a p hit or anything for that matter? In Lindblom’s case the cap hit is -333333. Does is man that gain that space?
Trades
PHI
    Placeholder
    Buyouts
    DraftRound 1Round 2Round 3Round 4Round 5Round 6Round 7
    2023
    Logo of the PHI
    Logo of the FLA
    Logo of the NYR
    Logo of the PHI
    Logo of the EDM
    Logo of the PHI
    Logo of the PHI
    Logo of the PHI
    2024
    Logo of the PHI
    Logo of the FLA
    Logo of the PHI
    Logo of the PHI
    Logo of the PHI
    Logo of the PHI
    2025
    Logo of the PHI
    Logo of the PHI
    Logo of the PHI
    Logo of the PHI
    Logo of the PHI
    Logo of the PHI
    Logo of the PHI
    ROSTER SIZESALARY CAPCAP HITOVERAGES TooltipBONUSESCAP SPACE
    17$82,500,000$66,451,679$295,000$2,387,500$16,048,321
    Left WingCentreRight Wing
    Logo of the Philadelphia Flyers
    $3,571,429$3,571,429
    C
    M-NTC
    UFA - 4
    Logo of the Philadelphia Flyers
    $5,875,000$5,875,000
    RW, LW
    M-NTC
    UFA - 3
    Logo of the Philadelphia Flyers
    $5,000,000$5,000,000
    LW, RW
    UFA - 6
    Logo of the Philadelphia Flyers
    $3,000,000$3,000,000
    C, LW
    UFA - 4
    Logo of the Philadelphia Flyers
    $5,500,000$5,500,000
    RW, LW
    UFA - 3
    Logo of the Philadelphia Flyers
    $925,000$925,000 (Performance Bonus$425,000$425K)
    C, LW
    RFA - 1
    Logo of the Philadelphia Flyers
    $750,000$750,000
    C, RW
    UFA - 1
    Logo of the Philadelphia Flyers
    $925,000$925,000 (Performance Bonus$212,500$212K)
    RW
    RFA - 2
    Left DefenseRight DefenseGoaltender
    Logo of the Philadelphia Flyers
    $4,725,000$4,725,000
    LD
    UFA - 3
    Logo of the Philadelphia Flyers
    $5,100,000$5,100,000
    RD
    UFA - 5
    Logo of the Philadelphia Flyers
    $3,979,000$3,979,000
    G
    RFA - 2
    Logo of the Philadelphia Flyers
    $4,675,000$4,675,000
    LD/RD
    UFA - 1
    Logo of the Philadelphia Flyers
    $5,000,000$5,000,000
    RD
    UFA - 2
    Logo of the Philadelphia Flyers
    $925,000$925,000 (Performance Bonus$175,000$175K)
    G
    UFA - 2
    Logo of the Philadelphia Flyers
    $880,833$880,833 (Performance Bonus$725,000$725K)
    LD/RD
    RFA - 1
    Logo of the Philadelphia Flyers
    $883,750$883,750 (Performance Bonus$850,000$850K)
    RD
    RFA - 1
    Logo of the Philadelphia Flyers
    $775,000$775,000
    LD/RD
    UFA - 2
    ScratchesInjured Reserve (IR)Long Term IR (LTIR)
    Logo of the Philadelphia Flyers
    $7,750,000$7,750,000
    C
    NMC
    UFA - 8
    Logo of the Philadelphia Flyers
    $6,250,000$6,250,000
    RD
    UFA - 5

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    Top Comments

    Jul. 12, 2022 at 1:17 p.m.
    #1
    Avatar of the user
    Joined: May 2019
    Posts: 40,360
    Likes: 18,411
    Buyouts are charged using a formula based on (a) AAV, (b) money paid out, (c) years of deal and (d) age of player.

    Sometimes heavily backloaded deals can produce negative number in earlier years (with bigger positive numbers in later years). So here, it is essentially an extra $333,333 in cap space for this coming season.
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