General Flyers discussion -  Gagne and LTIR cap benefitnotify me whenever anyone posts in this discussionSubscribe  
 
From: rickmac19  Nov-3 4:03 pm 
To: ALL  (1 of 4) 
 59966.1 

If I ruled the NHL, one would take Gagne's salary, ($5.25M), divide it by 82 games, multiply it by the number he missed on the IR, and credit this number to the Flyers as cap relief; assuming he misses 20 games...
5,250,000/82=64,024 (pretend you smell smoke now) x20=1,280,487.

Okay, to me, that means the Flyers get 1.2 back in cap space.

I realize that the cap space now lives in Los Angeles, wears purple and answers to "Randy," but,

given what I remember from cap woes last year despite Briere and his 6.5 gone missing forever and a day,

am I correct about how the NHL calculates LTIR cap relief?

I felt like the Flyers should have had boatloads more cap space, and here they went sending away Vaananen and Metropolit and Sbisa an Ice Girl.

Can anyone please enlighten me?

 
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From: eshake  Nov-3 4:17 pm 
To: rickmac19  (2 of 4) 
 59966.2 in reply to 59966.1 

i had thought that's what that meant...but we DO need to pay someone to replace him. grant it, not as MUCH, but it's not like we're saving that exact amount.

Also...it's on a "benefit" as long as we're still winning without him

 
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From: orangejulius  Nov-3 4:29 pm 
To: eshake unread  (3 of 4) 
 59966.3 in reply to 59966.2 

Here's my question... obviously ( to some of us anyway) the reason we weren't winning as much with him is that he wasn't 100% and was trying to play through something that was obviously hurting his game and thus hurting the team.

Put a guy who is 100% and has his normal full speeed and skating and they play better. Big shocker?

Really? replace an injured guy who keeps saying he can't skate right with a guy who is totally healthy and the team plays better... and we're surprised somehow.

Gagne was hurt and that was damaging the team... which is why you sit him, get him fixed and then worry about him when he's better.

Not sure why this is such a controversy.

It's a bummer to be sure... but controversy? really?

 
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From: xlpizza  Nov-3 4:42 pm 
To: rickmac19  (4 of 4) 
 59966.4 in reply to 59966.1 

<<"am I correct about how the NHL calculates LTIR cap relief?">>

We don't seem to have access to the complete information regarding how LTI is handled in the NHL.

There is information in the CBA that tells us a team can go over the cap limit when a player has a LTI .

I have a strong belief that the teams have to follow the cap numbers daily as opposed to dealing with a players full salary as the number they are held to.

Which is why teams will send a player down who were called up right away or now place a player on LTI quicker to get that daily salary off the books for an injury they even back date the injury similar to how baseball will use their disabled list.

Somewhere in there there has to be a benefit to the teams for saving on the daily cap number when a player is off their daily cap?

Here is a cap calculator estimating Gagne, being on the LTI list for 8 weeks that puts him out until December 29th.

http://www.capgeek.com/tracker/team.php?Team=24&date=2009-12-29

Says that before Gagne is removed from the LTI they will have $2,817,407.00

So, if my guessitimate is close to what actually happens once he comes off of LTI and they begin counting Gagne's daily salary of $27,202.00
should leave them with $2,790,205.00 in daily cap space.

http://www.nhl.com/cba/2005-CBA.pdf

That is about the best I can do with the information that I have come across.

"I have ways of making money that you know nothing of." John D. Rockefeller "The way to make money is to buy when blood is running in the streets." John D. Rockefeller http://www.bibliotecapleyades.net/sociopolitica/esp_sociopol_cfr_video04.htm "The very word 'secrecy' is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths, and to secret proceedings." John F. Kennedy
 
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