Welcome aboard! I'll try to answer those quetsions as I understand them (so take that for what its worth) in order.rocco_the_pig wrote: Sat Sep 19, 2020 9:01 pm hey gang, long time lurker (even back to the asylum)
anyways, had a question and I figure someone here will def know the answer. I get that there appears to be more to Petro's contract talks than just $$, but this just pertains to that.
My understanding is, LTIR does not go into effect until the beginning of the season. so IF (when?) Tarasenko goes on LTIR, any savings will only kick in then.
so the questions are:
- if he's out half the year, do we save half his salary against the cap?
- teams can go over the salary cap by 10% (again, I THINK I read this.. might be wrong) during the offseason. so the blues could go over by ~8 mil till the season starts, correct?
- if this is correct, doesn't that mean, right now, the blues would have (again what I've read) ~5 mil free now, plus the 8mil overage to use to sign salaries?
and I keep hearing Steen could be on the LTIR to begin the season as well, but I've never heard what exactly his injury is. at one point it was covid, then a bad back... etc... I THINK this is just some can conjecture, but wondering if anyone has heard definitively.
again, thx for taking the time for these!
-LTIR does go into effect at start of season, so Blues would have to have cap space for Tarasenko on the roster on day 1, then could move him there to open space up. There are various ways of doing this but I'm not entirely sure of all of them.
-They pro-rate cap space, so the longer he's out, the more space you create. If he's out long, then comes back near the end of the season, the Blues would appear to be over the cap via a one day snapshot. The Hawks famously did this with Kane in their last Cup run when his injury conveniently healed up for the first game of the playoffs, allowing them to add a piece or two at the trade deadline without subtracting.
-Teams can go over in the offseason as long as they're compliant on day 1. 10% sounds right.
-They can certainly sign Petro or whoever to go over, yes as long as they make the math work when the season starts.
I don't know about Steen and LTIR. The thing I've heard that relates to all this is the possibility of a buyout. The Blues could save a bit of cap space next year with a buyout, however they can't do that if he's officially injured. I'm not sure that's something Armstrong would do anyway, but he might not even be healthy enough for it to be an option.
Anyway, feel free to lurk no longer!