Oscar Klefbom is sadly probably not going to suit up for another NHL game. The now 28 year old defender suffers from arthritis and is reportedly only now starting to have the ability to live a normal life, let alone play professional sports. Klefbom and his 4.16 million dollar cap hit will be placed on LTIR before the season starts but that does little to help the team in free agency. The alternative could be trading Klefbom to another team that wants to hit the cap floor or have cap flexibility, similar to what Vegas just did the the Shea Weber deal.

Klefbom is different than Weber however. While Weber carries a 7.8 million dollar cap-hit, the player costs the team 3 million in actual dollars this season, but only one million a year for the following three years. Klefbom meanwhile costs 5.17 million in actual salary for his deal.

A team like Arizona wants contracts to make it to the cap floor but they also want to limit the number of actual dollars they spend as well. Paying Klefbom 5.17 million to give them 4.17 million in cap hit just doesn't make much sense.
That seems pretty straight fwd. When you sign a guy you get assessed the average cap hit based on the total value of the contract over the term. But you can pay them a different amount per year as long as it equals the total of the contract. Hence why webers contract is attractive as his average cap is more than his salary owed. So once you stick him on the LTIR you can now spend that money on other.
UFAs so its a game to get the largest average cap hit to put on LTIR vs lowest actual salary paid.. Not really sure what you can argue on this as its clear vegas moved weber to gain cap relief, and hes explaining why teams arent likely to trade for Kelfs as its structured differently.

Oscar Klefbom is sadly probably not going to suit up for another NHL game. The now 28 year old defender suffers from arthritis and is reportedly only now starting to have the ability to live a normal life, let alone play professional sports. Klefbom and his 4.16 million dollar cap hit will be placed on LTIR before the season starts but that does little to help the team in free agency. The alternative could be trading Klefbom to another team that wants to hit the cap floor or have cap flexibility, similar to what Vegas just did the the Shea Weber deal.

Klefbom is different than Weber however. While Weber carries a 7.8 million dollar cap-hit, the player costs the team 3 million in actual dollars this season, but only one million a year for the following three years. Klefbom meanwhile costs 5.17 million in actual salary for his deal.

A team like Arizona wants contracts to make it to the cap floor but they also want to limit the number of actual dollars they spend as well. Paying Klefbom 5.17 million to give them 4.17 million in cap hit just doesn't make much sense.
That seems pretty straight fwd. When you sign a guy you get assessed the average cap hit based on the total value of the contract over the term. But you can pay them a different amount per year as long as it equals the total of the contract. Hence why webers contract is attractive as his average cap is more than his salary owed. So once you stick him on the LTIR you can now spend that money on other.
UFAs so its a game to get the largest average cap hit to put on LTIR vs lowest actual salary paid.. Not really sure what you can argue on this as its clear vegas moved weber to gain cap relief, and hes explaining why teams arent likely to trade for Kelfs as its structured differently.
- Putty

But that only matters to the teams trying to do it cheaply, no? It doesn't impact how much actual relief they get, only how many actual dollars you have to spend to get the relief. Obviously teams will trade for the contract that give them the best back for the buck, but when the player is already on your team, doesn't the contract still serve the same purpose in the end?

Oscar Klefbom is sadly probably not going to suit up for another NHL game. The now 28 year old defender suffers from arthritis and is reportedly only now starting to have the ability to live a normal life, let alone play professional sports. Klefbom and his 4.16 million dollar cap hit will be placed on LTIR before the season starts but that does little to help the team in free agency. The alternative could be trading Klefbom to another team that wants to hit the cap floor or have cap flexibility, similar to what Vegas just did the the Shea Weber deal.

Klefbom is different than Weber however. While Weber carries a 7.8 million dollar cap-hit, the player costs the team 3 million in actual dollars this season, but only one million a year for the following three years. Klefbom meanwhile costs 5.17 million in actual salary for his deal.

A team like Arizona wants contracts to make it to the cap floor but they also want to limit the number of actual dollars they spend as well. Paying Klefbom 5.17 million to give them 4.17 million in cap hit just doesn't make much sense.
That seems pretty straight fwd. When you sign a guy you get assessed the average cap hit based on the total value of the contract over the term. But you can pay them a different amount per year as long as it equals the total of the contract. Hence why webers contract is attractive as his average cap is more than his salary owed. So once you stick him on the LTIR you can now spend that money on other.
UFAs so its a game to get the largest average cap hit to put on LTIR vs lowest actual salary paid.. Not really sure what you can argue on this as its clear vegas moved weber to gain cap relief, and hes explaining why teams arent likely to trade for Kelfs as its structured differently.
- Putty

Wrong again. Cap hit is what matters in LTIR. Not salary.
Salary matters to the team acquiring depending on what they are doing. These contracts are insured so the team is paying out nothing in these cases. If the team was actually paying the salary as happens in some cases where the player is on the roster and isn’t on LTIR then it is much more attractive to have a lower salary than cap hit as Arizona usually does. Vegas wanted Weber now as his CAP HIT is high and they can put him directly on LTIR and it helps their ability to sign players etc this summer. Klefbom is not on LTIR. He’s on IR. It makes no sense for the team to put him on LTIR until the absolutely need to. Teams want to be at or as close to the cap as possible when they put a player on LTIR. It has nothing to do with contract structure. It has to do with maximizing their cap relief.

But that only matters to the teams trying to do it cheaply, no? It doesn't impact how much actual relief they get, only how many actual dollars you have to spend to get the relief. Obviously teams will trade for the contract that give them the best back for the buck, but when the player is already on your team, doesn't the contract still serve the same purpose in the end?
- Beergu

Yes. The oilers could use Klefboms contract the same way but it only becomes useful when they are at the cap. Right now they have room to sign players so no point in putting him on LTIR right now.

But that only matters to the teams trying to do it cheaply, no? It doesn't impact how much actual relief they get, only how many actual dollars you have to spend to get the relief. Obviously teams will trade for the contract that give them the best back for the buck, but when the player is already on your team, doesn't the contract still serve the same purpose in the end?
- Beergu

agreed, hence why klefs contract has no real street value to it as you're spending more actual dollars than you gain in cap relief. Sure it has some value to us but its less valuable today as it was a back loaded deal.
For teams like Tampa and vegas they are already over the cap. Or think of calgary trying to sign Johny and Tkachuk. That potential relief is worth a lot to them. Last year boychuk's LTIR allowed the Isles to sign Barzal. There are a few of these old contracts like weber or boychuk that were done before the last CBA that are real gems. Boychucks is almost a 5:1 cap vs salary ratio gained. https://www.spotrac.com/nhl/injured-reserve/2021/

agreed, hence why klefs contract has no real street value to it as you're spending more actual dollars than you gain in cap relief. Sure it has some value to us but its less valuable today as it was a back loaded deal.
For teams like Tampa and vegas they are already over the cap. Or think of calgary trying to sign Johny and Tkachuk. That potential relief is worth a lot to them. Last year boychuk's LTIR allowed the Isles to sign Barzal. There are a few of these old contracts like weber or boychuk that were done before the last CBA that are real gems. Boychucks is almost a 5:1 cap vs salary ratio gained. https://www.spotrac.com/nhl/injured-reserve/2021/
- Putty

Again…

The structure makes no difference at all if going on LTIR!!!

It only matters if you intend to roster the player.

What’s the thing about McD nobody on radio wants to say but keeps eluding to?

What’s the thing about McD nobody on radio wants to say but keeps eluding to?
- DrunkenCanuck

Probably that he’s a known coke head and takes copious amounts of tail in spite of his squeaky clean image?