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Forums :: Blog World :: Sean Maloughney: Where Does The Cap Space Come From?
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Sean Maloughney
Edmonton Oilers
Location: Edmonton
Joined: 09.26.2010

Jun 17 @ 2:09 PM ET
Sean Maloughney: Where Does The Cap Space Come From?
Putty
Edmonton Oilers
Location: Minneapolis, MN
Joined: 03.21.2014

Jun 17 @ 2:34 PM ET
I would be careful on Foegle as that feels a lot like the Strome send off. Not sure hes as pedigreed as Strome. He scored 26 pts while averaging 1 min less than he did in 19-20 when he got 30. I struggle at 2.75 how your going to significantly gain much unless its purely with an ELC replacing him. If you look at the contracts last year between 2.5-3, Foegle in the top 35%. The only way i drop him is if its packaged with Kassian or Barrie.
Beergu
Edmonton Oilers
Location: AB
Joined: 08.15.2008

Jun 17 @ 2:42 PM ET
I'm not so SMRT, so can someone dumb it down for me. Why does acquiring Weber help Vegas's cap crunch, but having Klefbom hurt ours?

And no more damn buyouts. Retain salary to trade Kassian, cut the cap issues in half, term-wise.

Might want to tweak your Kassian table to just show the -966 in the final 2 years Sean. There isn't any cap savings there, just the deficit.
Putty
Edmonton Oilers
Location: Minneapolis, MN
Joined: 03.21.2014

Jun 17 @ 2:57 PM ET
I'm not so SMRT, so can someone dumb it down for me. Why does acquiring Weber help Vegas's cap crunch, but having Klefbom hurt ours?

And no more damn buyouts. Retain salary to trade Kassian, cut the cap issues in half, term-wise.

Might want to tweak your Kassian table to just show the -966 in the final 2 years Sean. There isn't any cap savings there, just the deficit.

- Beergu

Weber goes on the LTIR and for every dollar they owe him in salary they gain cap space as his actual amount of cash owed is less than his average cap. In the case of Klef hes owe more actual cash than what is gained in cap space. Weber was front loaded as hes old, but Klef was back loaded as he was so young.

TurdFergeson
Vegas Golden Knights
Location: On the road again
Joined: 01.04.2021

Jun 17 @ 2:58 PM ET
I'm not so SMRT, so can someone dumb it down for me. Why does acquiring Weber help Vegas's cap crunch, but having Klefbom hurt ours?

And no more damn buyouts. Retain salary to trade Kassian, cut the cap issues in half, term-wise.

Might want to tweak your Kassian table to just show the -966 in the final 2 years Sean. There isn't any cap savings there, just the deficit.

- Beergu

It could be used in the same way but I think Holland has said they don’t necessarily want to do that so they can have flexibility later. To effectively use ltir you want to be as close to the cap as possible to maximize the ltir pool.
TurdFergeson
Vegas Golden Knights
Location: On the road again
Joined: 01.04.2021

Jun 17 @ 3:00 PM ET
Weber goes on the LTIR and for every dollar they owe him in salary they gain cap space as his actual amount of cash owed is less than his average cap. In the case of Klef hes owe more actual cash than what is gained in cap space. Weber was front loaded as hes old, but Klef was back loaded as he was so young.
- Putty

I don’t think this is correct. You don’t gain cap space. You just are allowed to exceed the cap by the amount of ltir pooled. Has nothing to do with actual salary vs cap hit. Klef is on IR right now not LTIR.
TurdFergeson
Vegas Golden Knights
Location: On the road again
Joined: 01.04.2021

Jun 17 @ 3:25 PM ET
Sean Maloughney: Where Does The Cap Space Come From?
- freelancer

Minor detail Sean but Keith has a NMC and can’t be sent down. I doubt he retires but who knows.
Quillanrocks
Location: Courtenay, BC
Joined: 07.22.2013

Jun 17 @ 4:00 PM ET
As you write for both EDM and SEA, Sean, do you think Barrie is the best fit with Seattle? It looks like a match from the Oilers perspective, but Seattle clearly likes a certain "competitiveness." Barrie is a PP QB, but he can't even seem to hold that job down after playing for 2 of the most offensively-gifted teams in the league (Toronto and now Edmonton).

I mean, I can see a trade for Barrie, perhaps, but I would think that possibility would fall considerably down the list of options Francis would look at this off-season, IMO. I know there is a lot of talk that Klingberg will be a target, but there are a handful of other UFA's I think could be worth exploring without dealing assets for Barrie.

Just my thoughts. Curious as to yours, from the other side of your Hockeybuzz life!
Sean Maloughney
Edmonton Oilers
Location: Edmonton
Joined: 09.26.2010

Jun 17 @ 4:06 PM ET
As you write for both EDM and SEA, Sean, do you think Barrie is the best fit with Seattle? It looks like a match from the Oilers perspective, but Seattle clearly likes a certain "competitiveness." Barrie is a PP QB, but he can't even seem to hold that job down after playing for 2 of the most offensively-gifted teams in the league (Toronto and now Edmonton).

I mean, I can see a trade for Barrie, perhaps, but I would think that possibility would fall considerably down the list of options Francis would look at this off-season, IMO. I know there is a lot of talk that Klingberg will be a target, but there are a handful of other UFA's I think could be worth exploring without dealing assets for Barrie.

Just my thoughts. Curious as to yours, from the other side of your Hockeybuzz life!

- Quillanrocks

Great question. I think Klingberg is absolutely Seattle's top choice and if they acquire him it wouldn't make sense to then pursue Barrie. Barrie I see as their second choice. While Bouchard got some reps here and there Barrie was still the main guy on the PP and never really lost his spot there. He was "the guy" in that role all through the 20/21 season too.
Sean Maloughney
Edmonton Oilers
Location: Edmonton
Joined: 09.26.2010

Jun 17 @ 4:08 PM ET
Minor detail Sean but Keith has a NMC and can’t be sent down. I doubt he retires but who knows.
- TurdFergeson

You are correct, the NMC stipulates the player cannot be placed on waivers and waivers are required for sending him down to the AHL.
Beergu
Edmonton Oilers
Location: AB
Joined: 08.15.2008

Jun 17 @ 4:12 PM ET
Minor detail Sean but Keith has a NMC and can’t be sent down. I doubt he retires but who knows.
- TurdFergeson


Isn't the cap relief only around a mil when you send someone down anyway? Which you would eat up with a bargain basement replacement. Keith just isn't a 5.5 mil guy, but nobody would complain (much) if he was making 1.5 mil on the 3rd pair.
TurdFergeson
Vegas Golden Knights
Location: On the road again
Joined: 01.04.2021

Jun 17 @ 4:18 PM ET
Isn't the cap relief only around a mil when you send someone down anyway? Which you would eat up with a bargain basement replacement. Keith just isn't a 5.5 mil guy, but nobody would complain (much) if he was making 1.5 mil on the 3rd pair.
- Beergu

Wouldn’t make sense at all except as Sean suggested it may make them just retire instead.
Quillanrocks
Location: Courtenay, BC
Joined: 07.22.2013

Jun 17 @ 4:22 PM ET
Great question. I think Klingberg is absolutely Seattle's top choice and if they acquire him it wouldn't make sense to then pursue Barrie. Barrie I see as their second choice. While Bouchard got some reps here and there Barrie was still the main guy on the PP and never really lost his spot there. He was "the guy" in that role all through the 20/21 season too.
- freelancer


Well, I guess the cap crunch doesn't make Barrie that guy, anymore! lol Tough tough position Oilers are in this summer, to be certain. Thanks for the response. I just wonder if Francis (if he misses out on Klingberg) might take a flyer on someone like Schultz or Stecher, or even Subban (yikes) ahead of spending his valuable draft capital on someone like Barrie. I even wonder what someone like Aho could do if given more opportunity than he was given in NY. (?) --- Obviously I don't have a whole lotta love for Tyson Barrie, hey!?!
Beergu
Edmonton Oilers
Location: AB
Joined: 08.15.2008

Jun 17 @ 5:24 PM ET
Well, I guess the cap crunch doesn't make Barrie that guy, anymore! lol Tough tough position Oilers are in this summer, to be certain. Thanks for the response. I just wonder if Francis (if he misses out on Klingberg) might take a flyer on someone like Schultz or Stecher, or even Subban (yikes) ahead of spending his valuable draft capital on someone like Barrie. I even wonder what someone like Aho could do if given more opportunity than he was given in NY. (?) --- Obviously I don't have a whole lotta love for Tyson Barrie, hey!?!
- Quillanrocks


While I feel Barrie has more value than most are willing to afford him, the Oil have put themselves in the position that they won't be able to ask for any draft capital in a Barrie deal, IMO. It might be a situation of just gaining some cap flexibility by moving him somewhere. Barrie and a 4th for a 3rd, or something like that.
Quillanrocks
Location: Courtenay, BC
Joined: 07.22.2013

Jun 17 @ 8:40 PM ET
While I feel Barrie has more value than most are willing to afford him, the Oil have put themselves in the position that they won't be able to ask for any draft capital in a Barrie deal, IMO. It might be a situation of just gaining some cap flexibility by moving him somewhere. Barrie and a 4th for a 3rd, or something like that.
- Beergu


In total agreement. I probably undervalue Barrie a little, but I also think teams can't bemouth his inflated numbers when they have everything to do with playing on the leagues best PP with with 2 of the world's best players in the game.
nyrangers9479
New York Rangers
Joined: 11.08.2013

Jun 18 @ 1:35 AM ET
Didn’t realize that about Klefbom and always wondered what happened to him. That’s a shame he’s so young and has such debilitating arthritis.
HonkyTonkMan
Edmonton Oilers
Location: Home to ruined prospects and overpaid slugs', AB
Joined: 06.10.2015

Jun 18 @ 3:46 PM ET
In total agreement. I probably undervalue Barrie a little, but I also think teams can't bemouth his inflated numbers when they have everything to do with playing on the leagues best PP with with 2 of the world's best players in the game.
- Quillanrocks

Except that Barrie has always produced and a similar clip, with every team he’s been with. The one thing in common the three teams have all had is some top offensive players, so a place like Seattle wouldn’t suit his skill set. There’s only a handful of teams he would fit on.
HonkyTonkMan
Edmonton Oilers
Location: Home to ruined prospects and overpaid slugs', AB
Joined: 06.10.2015

Jun 19 @ 9:18 AM ET
Does the Avalanche’s dominance over the Lightning make anyone else feel better about the Oilers being swept in the WCF ?
LordHumungous
Vancouver Canucks
Location: Greetings from the Humungous. Ayatollah of rock and rolla!
Joined: 08.15.2014

Jun 19 @ 11:26 AM ET
Does the Avalanche’s dominance over the Lightning make anyone else feel better about the Oilers being swept in the WCF ?
- HonkyTonkMan

Not really. Tampa will most likely win both games at home.
HonkyTonkMan
Edmonton Oilers
Location: Home to ruined prospects and overpaid slugs', AB
Joined: 06.10.2015

Jun 19 @ 11:33 AM ET
Not really. Tampa will most likely win both games at home.
- LordHumungous

Maybe . Maybe 1. Maybe none. Also, I don’t think anyone cares what you think on this or any other thread, the question was directed as Oilers fans. But you already know that, don’t you?
Traveldude
Calgary Flames
Joined: 06.08.2020

Jun 19 @ 1:08 PM ET
In total agreement. I probably undervalue Barrie a little, but I also think teams can't bemouth his inflated numbers when they have everything to do with playing on the leagues best PP with with 2 of the world's best players in the game.
- Quillanrocks


I think perhaps some overvalue him due to his points. He's not a steady defender like Kulak was. He's a smaller puck mover. Probably worth his contract, but do you find a team willing to send back picks or prospects for a soon-to-be 31 year old? Any cap saving is immediately chewed up by re-signing Kulak.

The list of things to do for Holland are far greater than available cap and picks to use as sweateners. 1st and next pick a 5th. Trading Poolparty doesn't bring more cap space, it just means you don't use more. Kassian has little value out there.

Talking to Kane and Kulak is fine, but kinda like going into a luxury store and asking if they have a layaway plan or have a 70% off sale. No defined starter and the backup isn;t even as proven as Koskinen. NHL GM's are stupid at times but aren't going to help the Oilers improve. Starters don't come for cheap, either in FA or in trade.
Quillanrocks
Location: Courtenay, BC
Joined: 07.22.2013

Jun 19 @ 3:22 PM ET
Except that Barrie has always produced and a similar clip, with every team he’s been with. The one thing in common the three teams have all had is some top offensive players, so a place like Seattle wouldn’t suit his skill set. There’s only a handful of teams he would fit on.
- HonkyTonkMan


Yeah, you are helping to make my point. I see Barrie as a specialist, one who has been deemed expendable by every other team for younger and/or more responsible options. From the way Francis has designed the Kraken to this point, I don't see Barrie as a fit with Seattle and I hope they either don't acquire him at all, but certainly not in exchange for their most valued of draft pick commodity. . . . regardless how much they have of it!!
Putty
Edmonton Oilers
Location: Minneapolis, MN
Joined: 03.21.2014

Jun 20 @ 10:45 AM ET
I don’t think this is correct. You don’t gain cap space. You just are allowed to exceed the cap by the amount of ltir pooled. Has nothing to do with actual salary vs cap hit. Klef is on IR right now not LTIR.
- TurdFergeson[/quote

I was off on the cap piece, but its the same net effect. Whatever the players cap hit is going on LTIR, you are allowed to spend over the cap by that amount. Either way its the same effect as its just like gaining cap space. But the salary vs cap hit is not correct as that is the reason why Webers contract is more attractive that Klefs. If the salary is less than the cap space, for every dollar of actual salary you are gaining more cap relief. In the case of Klef his salary is actually higher than his cap hit which is why most Gms arent as interested.
Oildrum
Edmonton Oilers
Location: Kenny will bring us to the promised land
Joined: 06.12.2012

Jun 20 @ 12:19 PM ET
Does the Avalanche’s dominance over the Lightning make anyone else feel better about the Oilers being swept in the WCF ?
- HonkyTonkMan


Absolutely.
TurdFergeson
Vegas Golden Knights
Location: On the road again
Joined: 01.04.2021

Jun 20 @ 2:15 PM ET
[quote=TurdFergeson]I don’t think this is correct. You don’t gain cap space. You just are allowed to exceed the cap by the amount of ltir pooled. Has nothing to do with actual salary vs cap hit. Klef is on IR right now not LTIR.
- Putty[/quote

I was off on the cap piece, but its the same net effect. Whatever the players cap hit is going on LTIR, you are allowed to spend over the cap by that amount. Either way its the same effect as its just like gaining cap space. But the salary vs cap hit is not correct as that is the reason why Webers contract is more attractive that Klefs. If the salary is less than the cap space, for every dollar of actual salary you are gaining more cap relief. In the case of Klef his salary is actually higher than his cap hit which is why most Gms arent as interested.



Cap hit vs actual salary mean absolutely nothing for LTIR cap relief. Nothing. Show me in the CBA where it states it does. I can show you where it states multiple times CAP HIT is what is in the calculation.
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