Glak18
Philadelphia Flyers |
|
|
Location: "It's pretty big loogie on my face, so I was pretty psssted".", PA Joined: 06.26.2007
|
|
|
They'll be fine cap wise. Franzen's nearly 4M comes off as LTIR. If Z doesn't end up on LTIR or his contract traded to Arizona, Nyquist is probably getting traded. - Red001
I'm sorry do you believe that is how LTIR works?
It is NOT: Cap Space - LTIR = New Cap Space
It is: Cap Space + LTIR = New Adjusted Cap Ceiling
If a team does not go over the cap ceiling, LTIR still counts against the cap.
Right now Detroit's cap space is 0, not Salary Cap - Franzen (LTIR). Understand now? |
|
VeryModernMan
Pittsburgh Penguins |
|
|
Location: Munich Joined: 06.06.2017
|
|
|
Holland GM of the year, you read it first - here! |
|
Newgod77
Boston Bruins |
|
Location: IL Joined: 05.10.2015
|
|
|
It’s amazing a terrible team has to circumvent the cap. Good job Detroit. |
|
|
|
the most basic female dog in the nhl these days is making over a million dollars up to almost 4-5 million. |
|
Feds91Stammer
Detroit Red Wings |
|
|
Location: "China was as proactive as possible" - Rinosaur, SC Joined: 02.01.2012
|
|
|
It’s amazing a terrible team has to circumvent the cap. Good job Detroit. - Newgod77
lol wut |
|
Nucker101
Vancouver Canucks |
|
|
Location: Vancouver, BC Joined: 09.26.2010
|
|
|
How the (frank) are the Wings in cap hell with that roster? |
|
wingz4life
Detroit Red Wings |
|
|
Location: Canada Sucks, MI Joined: 01.31.2006
|
|
|
How the (frank) are the Wings in cap hell with that roster? - Nucker101
when ur paying guys like Nielsen and Dekeyser 5 mill or more cap hit a season that begins to explain why. |
|
|
|
How the (frank) are the Wings in cap hell with that roster? - Nucker101
Insert Oprah Picture
“You get 5 million per, you get 5 million per, you get 5 million per, you get 5 million per”
That’s how |
|
wingz4life
Detroit Red Wings |
|
|
Location: Canada Sucks, MI Joined: 01.31.2006
|
|
|
Dekeyser,Nielsen,Vanek,Ericsson = about 18mill in cap hits. |
|
Thrill81
Pittsburgh Penguins |
|
Location: CA Joined: 07.31.2018
|
|
|
I'm sorry do you believe that is how LTIR works?
It is NOT: Cap Space - LTIR = New Cap Space
It is: Cap Space + LTIR = New Adjusted Cap Ceiling
If a team does not go over the cap ceiling, LTIR still counts against the cap.
Right now Detroit's cap space is 0, not Salary Cap - Franzen (LTIR). Understand now? - Glak18
Zetterberg is currently on contract for around 6 million. Put him on LTIR and they have 6 million to exceed over the cap. I'm not 100% but isn't the Larkin contract around 6 million? Oh it is. Now I guess that'd mean by Zetterberg going on LTIR they could fit Larkin wouldn't it? |
|
StargateSG1
Detroit Red Wings |
|
Location: Buffalo Grove, IL Joined: 03.07.2013
|
|
|
How the (frank) are the Wings in cap hell with that roster? - Nucker101
2 Words..
Kenny Holland |
|
Thrill81
Pittsburgh Penguins |
|
Location: CA Joined: 07.31.2018
|
|
|
2 Words..
Kenny Holland - StargateSG1
I'm so sorry. If Holland wasn't a charity case for aging nhl players, the wings and penguins could have had a nice rivalry(Okay it's the penguins, we don't know nice, we just punch anything in our division). The redwings really were a dynasty in the truest sense of the word. It easily could have been kept going I think, but alas it didn't. |
|
StargateSG1
Detroit Red Wings |
|
Location: Buffalo Grove, IL Joined: 03.07.2013
|
|
|
I'm so sorry. If Holland wasn't a charity case for aging nhl players, the wings and penguins could have had a nice rivalry(Okay it's the penguins, we don't know nice, we just punch anything in our division). The redwings really were a dynasty in the truest sense of the word. It easily could have been kept going I think, but alas it didn't. - Thrill81
Well, we call it "The retirement home", some get AARP membership included with their contracts.
|
|
walshyleafsfan
Vancouver Canucks |
|
Location: I really don't care about Nylander, I really hope he gets injured and is out - Makita Joined: 07.14.2011
|
|
|
Zetterberg is currently on contract for around 6 million. Put him on LTIR and they have 6 million to exceed over the cap. I'm not 100% but isn't the Larkin contract around 6 million? Oh it is. Now I guess that'd mean by Zetterberg going on LTIR they could fit Larkin wouldn't it? - Thrill81
You'd better watch out. You'll have fans of other teams demanding you forfeit a 1st round pick for putting a player on LTIR.
Leafs fans got it with Lupul. Luckily for you I'll let you kow the ramifications.
Nothing |
|
|
|
Zetterberg is currently on contract for around 6 million. Put him on LTIR and they have 6 million to exceed over the cap. I'm not 100% but isn't the Larkin contract around 6 million? Oh it is. Now I guess that'd mean by Zetterberg going on LTIR they could fit Larkin wouldn't it? - Thrill81
No, you have to be cap compliant for the season opener (including all players under contract) then you can move players to LTIR and use extra space equal to the value of their contracts on new/different players either signed at that point or acquired by trade |
|
Thrill81
Pittsburgh Penguins |
|
Location: CA Joined: 07.31.2018
|
|
|
No, you have to be cap compliant for the season opener (including all players under contract) then you can move players to LTIR and use extra space equal to the value of their contracts on new/different players either signed at that point or acquired by trade - RoloTahmasee
I actually didn't think of that. Although knowing the NHL, there's probably some loophole that's gonna cause the next lock out. Technically speaking LTIR is designed to replace players, and Larkin's cap hit essentially substitutes for Zetterberg's. I thought under the new rules LTIR was considered cap compliant but I guess I'm misinformed. I hope for Redwing fans Ken Holland knows what he's doing. |
|
VeryModernMan
Pittsburgh Penguins |
|
|
Location: Munich Joined: 06.06.2017
|
|
|
I thought under the new rules LTIR was considered cap compliant - Thrill81
The Hossa-story, where the poor guy got a skin-illness just thinking about having to play for a poor 1Mio now, showed that LTIR is ready to be revised... |
|
Glak18
Philadelphia Flyers |
|
|
Location: "It's pretty big loogie on my face, so I was pretty psssted".", PA Joined: 06.26.2007
|
|
|
Zetterberg is currently on contract for around 6 million. Put him on LTIR and they have 6 million to exceed over the cap. I'm not 100% but isn't the Larkin contract around 6 million? Oh it is. Now I guess that'd mean by Zetterberg going on LTIR they could fit Larkin wouldn't it? - Thrill81
Ok so what you are saying is you don't understand LTIR?
If Zetterberg goes on LTIR RIGHT NOW, Detroit is still in the same situation now with the cap space of 0. LTIR is not free cap space, when it is used the team receives an overage penalty. |
|
Glak18
Philadelphia Flyers |
|
|
Location: "It's pretty big loogie on my face, so I was pretty psssted".", PA Joined: 06.26.2007
|
|
|
I actually didn't think of that. Although knowing the NHL, there's probably some loophole that's gonna cause the next lock out. Technically speaking LTIR is designed to replace players, and Larkin's cap hit essentially substitutes for Zetterberg's. I thought under the new rules LTIR was considered cap compliant but I guess I'm misinformed. I hope for Redwing fans Ken Holland knows what he's doing. - Thrill81
Not sure why everyone is bringing up Zetterberg going on LTIR and how that will solve the cap situation in Detroit. Zetterberg's cap hit would still count against and Detroit would still have 0 cap space and their adjusted ceiling would still be 3.2M over the cap.
Zetterberg would have to retire to clear space or Detroit would have to trade/dump salary of at least 3.2M+ to become cap compliant so they can make in-season moves.
Every team has their own financial department and it will be corrected by trading someone. |
|
Thrill81
Pittsburgh Penguins |
|
Location: CA Joined: 07.31.2018
|
|
|
The Hossa-story, where the poor guy got a skin-illness just thinking about having to play for a poor 1Mio now, showed that LTIR is ready to be revised... - VeryModernMan
Certainly suspicious, but I think everyone knew Hossa wasn't going to finish his contract. |
|
Thrill81
Pittsburgh Penguins |
|
Location: CA Joined: 07.31.2018
|
|
|
Not sure why everyone is bringing up Zetterberg going on LTIR and how that will solve the cap situation in Detroit. Zetterberg's cap hit would still count against and Detroit would still have 0 cap space and their adjusted ceiling would still be 3.2M over the cap.
Zetterberg would have to retire to clear space or Detroit would have to trade/dump salary of at least 3.2M+ to become cap compliant so they can make in-season moves.
Every team has their own financial department and it will be corrected by trading someone. - Glak18
Zetterberg I believe signed his contract after the 2013 CBA and had years left after 35, so even if he retires the cap hit remains. But by keeping him on LTIR like Franzen, it doesn't give them extra capspace, but gives them overage. Zetterberg's contract is still on book, yes, but they have 0 cap space without him on LTIR, with him on LTIR, they still have 0 yes, but they now are allowed to spend that player's contract over. So you're right about it not adding money, but assuming Zetterberg is put on LTIR, it'll give the Redwings the opportunity to fit in Larkin's contract, just like they've done with Franzen for what? 3 years now. |
|
Red001
Detroit Red Wings |
|
Location: Ypsilanti, MI Joined: 05.21.2010
|
|
|
Zetterberg I believe signed his contract after the 2013 CBA and had years left after 35, so even if he retires the cap hit remains. But by keeping him on LTIR like Franzen, it doesn't give them extra capspace, but gives them overage. Zetterberg's contract is still on book, yes, but they have 0 cap space without him on LTIR, with him on LTIR, they still have 0 yes, but they now are allowed to spend that player's contract over. So you're right about it not adding money, but assuming Zetterberg is put on LTIR, it'll give the Redwings the opportunity to fit in Larkin's contract, just like they've done with Franzen for what? 3 years now. - Thrill81
Exactly. And however the technical 1 bean, 2 beans numbers work, which I don't know, the end result is the same: a guy goes on LTIR and it means you can pay another guy and still be cap compliant.
Every day that passes, it seems more and more likely Zetterberg is done. Which is weird since he's missed like 5 games over the last 3 seasons. But, it is what it is, and you have to give Holland some credit: he's good at fielding a team at, but not over, the cap. |
|