The league’s collective bargaining agreement is almost as convoluted as the U.S. tax code, but here’s a simplified explanation for the loophole the Blue Jackets are exploiting:
• The Blue Jackets have a big-ticket veteran player, right wing David Clarkson ($5.25 million), whose career might be finished because of a chronic back injury. He is being placed on long-term injured reserve. Per the collective bargaining agreement, clubs get salary-cap relief for the amount of money the injured player’s salary puts them over the $73 million salary cap.
• The Blue Jackets wanted to get as close to the salary cap as possible to maximize the relief brought by Clarkson’s injury. As it stands, they’ll get nearly all of his $5.25 million in cap room.
• Dubois has an NHL salary of $3.425 million ($925,000 base salary, with $2.5 million in potential bonuses), while Wennberg has a $1.4 million hit ($925,000 base, plus $475,000 in potential bonuses).
• By starting the season with Dubois ($3.425 million) on the roster, and swapping him out for Wennberg ($1.4 million) as soon as today, the Blue Jackets are adding the difference between the two — $2.025 million — to their available cap space for performance bonuses.