I am admittedly not a big hockey fan - but I do follow Michael Russo on Twitter to at least keep up with Wild news.
and the juggling the Wild has to do with the salary cap is just nuts. I know the NHL has a tight salary cap - but every day Russo is posting these updates where players are going on and off the roster every day just so the Wild can save a few bucks against the salary cap.
and these LTIR rules are.................byzantine.
here is an explanation I found online:
- If a team is cap compliant on opening day without using LTIR, or uses LTIR at any point during the season, the LTIR Pool is the Cap Hit of the LTIR player less the team’s cap space when the player goes on LTIR. For example, if a player with a $4M Cap Hit goes on LTIR when the team has $100K of Cap Space, the LTIR pool is $3.9M ($4M-$0.1M). Because of this, team’s often make several roster moves right before a player goes on LTIR in order to be as close to the cap as possible, in order to maximize the LTIR Pool
- If a team cannot be cap compliant on opening day without using LTIR, the LTIR Pool is the amount the team exceeds the Cap. For example, if a team is $3M over the Cap and places a player on LTIR with a $4M Cap Hit for the opening roster submission, the LTIR Pool is the $3M that the team exceeded the cap
- While on LTIR, Cap Space is no longer accrued, meaning any portion of the LTIR pool not used cannot be used later.
- When a player comes off LTIR, the team’s annual cap hit for that day must be under the Cap
I'm not smart enough to be a hockey fan.