Quoting: Shibbal18
A. I never said it was "out there". I actually very calmly explained that is the higher end of earlier estimations, and a lot of people are leaning more towards the middle of that estimation because that's how businesses work.
B. I also never said they couldn't spend his cap hit, I said it's way more nuanced than just getting his money back:
https://www.capfriendly.com/ltir-faq.
"LTIR is a very complicated aspect of the NHL operations and the vast majority of details are not specified in the CBA"
"When a player is placed on LTIR, their cap hit remains on the teams cap payroll and it continues to count as it always did. It also does not provide the club with additional cap-space savings that can be banked for future use while the team operates above the salary cap. Instead, LTIR provides relief if the club's averaged club salary, or payroll, begins to exceed the upper limit. The amount of relief that the club receives is calculated on the day the player is placed on LTIR."
Dont try to call someone out on how the LTIR works when you barely even read the cliff notes or the comment left for that matter...
I know how LTIR works...
Hossa WILL count against the cap this summer, however teams are also allowed to go 10% over the salary cap in the offseason (Philly does it all the time) knowing that on day one of the 2018-19 regular season Hossa will be placed on LTIR, hence getting the Hawks under the cap...
Hossa's cap savings cant be used during the regular season, but the savings can certainly be used during the offseason and carry into the following regular season.
Players cannot be placed on LTIR in the summer for that very reason.
As far as the cap - I know how the cap works... You better believe the addition of new franchise will boost the salary cap significantly given the revenue generated by Vegas - not only that but Vegas has had a really good year financially - they're selling out every home game - their attendance rate is 103%. Also, the economy plays a role too, we all know in a better economy people spend more money - especially on entertainment..... With all that said I find it really difficult to believe that the addition of a franchise and the boost in the economy will only boost the salary cap by 3-5 million... I think 8-10 million would be much better estimate..... I mean I don't have access to the franchises finances - If I did tho I would be able to give you the exact numbers considering I'm an accountant and that's what I do for a living - keep track of businesses finances.....
So with that said - you can disagree with me all you like but I believe the salary cap will be 82 conservatively...
As far as Hossa and LTIR - Hossa's contract has no affect on what Bowman can or cant do this summer just as long as Hossa is placed on LTIR by the start of the regular season. Hossa's contract will NOT handcuff Bowman because like I pointed out earlier Bowman can go 10% over the salary cap for this very reason just as long as placing Hossa on LTIR gets the Hawks under the cap ceiling by the first day of the regular season...
And yes, what you're saying would be true if the Hossa situation occurred during the regular season... For example a team just cant place a player with a 5 million dollar cap hit on LTIR in November then go out and trade for a guy with a 5 million dollar cap hit if they originally didn't have the space to begin with..
So yes, I understand LTIR and the salary cap very well.