Discussion in 'Fugu's Business of Hockey Forum' started by alko, Jul 1, 2019.
LTIRs, Buyouts together for the whole 31 teams. Do you know the exact number?
Great question. I don't have time tally it all up; perhaps someone else can. I suspect it's not a small number - my gut says at least one teams' worth of cap dollars, probably a lesser amount of actual dollars.
Since no one answered this, I culled all the data for an answer.
First, the following teams are not carrying any dead cap money or payroll: Chicago, Nashville, Pittsburgh, St. Louis, Washington, Winnipeg.
I included Martin Hanzal [DAL] in here, because given what I've seen about his injury and his past history I'll be shocked if he plays again. Ryan Kesler [ANH] is not officially listed as being an LTIR candidate, but he's 99.9% certain not to be playing in '19-20.
From there, the damage is:
Cause# of PlayersTotal Cap HitTotal 19-20 SalaryAssigned to AHL 1 3,800,000 3,000,000Buyout 26 39,213,889 35,888,889Buyout, 35+ 2 6,250,000 1,250,000Buyout, Compliance 8 - 10,493,849Cap Penalty 3 5,697,333 250,000LTIR 8 39,837,879 22,325,000Grand Total 48 94,799,101 73,207,738
So in the bigger picture 3-5% of the players’ 50/50 split of HRR.
Some of the items here are simply cap hits, while others are salary that counts towards HRR. Plus some of the LTIR exception numbers mean more money is spent on other players then would have otherwise been allowed, increasing the salary dollars spent towards the player HRR share.
Actually, I will nitpick my own numbers up there. Beleskey will count just under $2.9 million against the cap if / when he is sent back to the AHL. That salary would then not count in the players' share.
It doesn't change the overall story, but I did want to clarify that point before someone else beats me to it.
A question that might just be me reading it wrong. Do we take into account players who were bought out but then went on to receive an additional contract like Corey Perry this year?
No. Only death money.
Separate names with a comma.