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New year getting rid of the old

Created by: Ksavoy
Team: 2022-23 Edmonton Oilers
Initial Creation Date: Jun. 7, 2022
Published: Jun. 7, 2022
Salary Cap Mode: Basic
Description
- If Kane wins grievance, takes 5mill by5, if not then 7x4 or 5. Mike Smith also retires or gets Traded
Free Agent Signings
RFAYEARSCAP HIT
1$1,175,000
2$2,500,000
2$1,750,000
2$800,000
1$825,000
UFAYEARSCAP HIT
4$2,500,000
4$4,500,000
5$5,000,000
1$850,000
Trades
1.
EDM
    Hawks take on his cap hit
    CHI
    1. Keith, Duncan
    Additional Details:
    Keith retires and Oilers gain 8.9mill is space
    2.
    3.
    EDM
    1. 2023 7th round pick (VAN)
    ARI
    1. Kassian, Zack
    2. Lavoie, Raphael
    3. 2022 5th round pick (EDM)
    4. 2023 3rd round pick (EDM)
    4.
    EDM
    ANA
    1. Smith, Mike
    Additional Details:
    Retires or gets traded
    Buyouts
    Retained Salary Transactions
    DraftRound 1Round 2Round 3Round 4Round 5Round 6Round 7
    2022
    Logo of the EDM
    Logo of the EDM
    Logo of the EDM
    2023
    Logo of the EDM
    Logo of the EDM
    Logo of the EDM
    Logo of the EDM
    Logo of the EDM
    Logo of the VAN
    2024
    Logo of the EDM
    Logo of the EDM
    Logo of the EDM
    Logo of the EDM
    Logo of the EDM
    Logo of the EDM
    ROSTER SIZESALARY CAPCAP HITOVERAGES TooltipBONUSESCAP SPACE
    23$82,500,000$80,126,833$896,000$2,200,000$2,373,167
    Left WingCentreRight Wing
    Logo of the Edmonton Oilers
    $5,000,000$5,000,000
    LW, RW
    UFA - 4
    Logo of the Edmonton Oilers
    $12,500,000$12,500,000
    C
    NMC
    UFA - 4
    Logo of the Edmonton Oilers
    $5,500,000$5,500,000
    RW, LW
    NMC
    UFA - 6
    Logo of the Edmonton Oilers
    $5,125,000$5,125,000
    LW, C
    NMC
    UFA - 7
    Logo of the Edmonton Oilers
    $8,500,000$8,500,000
    C, LW
    M-NTC, NMC
    UFA - 3
    Logo of the Edmonton Oilers
    $2,500,000$2,500,000
    RW
    RFA - 2
    Logo of the Edmonton Oilers
    $925,000$925,000 (Performance Bonus$500,000$500K)
    LW, C
    RFA - 2
    Logo of the Edmonton Oilers
    $1,175,000$1,175,000
    C
    RFA - 1
    Logo of the Edmonton Oilers
    $1,750,000$1,750,000
    RW
    UFA - 1
    Logo of the Edmonton Oilers
    $2,750,000$2,750,000
    LW, RW
    UFA - 2
    Logo of the Edmonton Oilers
    $1,250,000$1,250,000
    C, RW
    UFA - 1
    Logo of the Edmonton Oilers
    $850,000$850,000
    LW, C, RW
    UFA - 1
    $850,000$850,000
    RW, C
    UFA - 1
    Left DefenseRight DefenseGoaltender
    Logo of the Edmonton Oilers
    $9,250,000$9,250,000
    LD
    NMC
    UFA - 8
    Logo of the Edmonton Oilers
    $863,333$863,333 (Performance Bonus$850,000$850K)
    RD
    RFA - 1
    $4,500,000$4,500,000
    G
    UFA - 3
    Logo of the Seattle Kraken
    $2,750,000$2,750,000
    LD/RD
    UFA - 1
    Logo of the Edmonton Oilers
    $3,250,000$3,250,000
    RD
    UFA - 3
    Logo of the Edmonton Oilers
    $750,000$750,000
    G
    UFA - 1
    Logo of the Edmonton Oilers
    $863,333$863,333 (Performance Bonus$850,000$850K)
    LD
    RFA - 2
    Logo of the Edmonton Oilers
    $2,500,000$2,500,000
    LD/RD
    UFA - 4
    Logo of the Edmonton Oilers
    $762,500$762,500
    LD
    UFA - 2
    Logo of the Seattle Kraken
    $900,000$900,000
    RD
    UFA - 1
    ScratchesInjured Reserve (IR)Long Term IR (LTIR)
    Logo of the Edmonton Oilers
    $4,167,000$4,167,000
    LD
    M-NTC
    UFA - 1

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    Jun. 7, 2022 at 5:39 p.m.
    #1
    Avatar of the user
    Joined: Jun. 2021
    Posts: 16,199
    Likes: 12,474
    How do the Oilers make 8.9 mil in cap space?
    Garak liked this.
    Jun. 7, 2022 at 5:50 p.m.
    #2
    Avatar of the user
    Joined: Jun. 2019
    Posts: 11,771
    Likes: 11,969
    Quoting: GeneralLandro
    How do the Oilers make 8.9 mil in cap space?


    Keiths contract is from the previous CBA. CHI, the original signing team, gets the recapture penalty, and the team he is on not only removes his cap hit but gives them a recapture bonus of like $3.9mil, or something like that. If you do a quick google search you can probably find some articles about how it works in more detail. But that is essentially how it works.

    And I'm a hawks fan who is agreeing with that assessment. It is 100% true.
     
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