Gallagbi
Formerly Eazy_B97
- Jul 5, 2005
- 48,544
- 11,158
I think we're looking at this differently.The benefit is that it doesn't push our performance bonuses to next year, it has nothing to do with Horton or his $5.3M.
If we're so close to the cap that we can get relief for Horton's LTIR placement, I believe we're too close to the cap to absorb the performance bonuses, which means we're left with a decision - Keep ourselves so far below this year's cap that the performance bonuses and Horton's contract both fit, or go right up to the cap to use Horton's LTIR relief (resulting in our performance bonuses being pushed to next year).
The former scenario results in a bunch of dead cap space this year, but the latter results in a much tighter squeeze next year when our RFAs are off their ELCs.
Seems like you're taking about being forced in to relief because we're maxed on cap. My thought it more of an isolated Horton issue, where he'll be injured and likely on LTIR no matter what because that situation doesn't hurt the Leafs. The remainder and rest of their cap is what does.