Salary Cap: What will Hughes do with our 8.8M in cap space heading into the season?

[26Mats]

With Price on LTIR, according to capfriendly we have 6.99M in cap space.

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But, we have 15 forwards, 8D and 2 goalies under contract. Say Wideman (.760k) and Pitlick (1.1M) get send down. That leaves about 8.85M in cap space. What will Hughes do with all that cap space?

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[Canadienna]

Line Molson's pockets!

But seriously, I'm guessing we just leave it. I'm no cap expert but it would be nice if we could pull Carey off LTIR even to help pay out our bonuses.

 

[Andy]

Depends who is available. not a fan of spending money just because you have it.

 

[Habs Halifax]

If there are no more moves, Hoffman and Pezzetta are on waivers to go along with Wideman and Ylonen as well. Then we get under the cap with Price on a 22 man roster. Price is then moved to LTIR after the season starts and we get back our $8.8M in cap space.... which grows as the season moves along. Price on LTIR before the season also craetes $8.8M in cap but that will get reduced when guys go on IR and you got to call up players who chew into that cap space gradually. We could end up with $5M prorated by the TDL. Or less.

This should be our strategy. Unless another Monahan/1st comes along

Depends who is available. not a fan of spending money just because you have it.

Agreed. If we spend it, it won't be on a long term commitment. Got to keep it open for younger guys exciting their ELC and/or another potential Dubois situation.

 

[BargainBinSpecial]

If there are no more moves, Hoffman and Pezzetta are on waivers to go along with Wideman and Ylonen as well. Then we get under the cap with Price on a 22 man roster. Price is then moved to LTIR after the season starts and we get back our $8.8M in cap space.... which grows as the season moves along.

This should be our strategy. Unless another Monahan/1st comes along



Agreed. If we spend it, it won't be on a long term commitment. Got to keep it open for younger guys exciting their ELC and/or another potential Dubois situation.

By placing Hoff on waivers and sending him down, you will be penalized some 2 mil, so realistically under the cap. Pezz will be your 13th forward and Wideman, the 8th D. Ylonen is still unsigned. I don't think they will risk losing him on waivers, unless they trade his rights fairly soon.

 

[Runner77]

What will Hughes do? Well ...

 

[JoelWarlord]

My guess would be retain half on Hoffman to move him and eat a contract from someone, going into the year with approx 1.5-2M in space.

 

[bcv]

Hopefully a Monahan 2.0

Murray from Toronto and Myers from Vancouver should be good targets for a 1st.

To a lesser extent, Arvidson and Roy from LA could also be targets.

 

[Playmaker09]

By placing Hoff on waivers and sending him down, you are already under the cap.

That's not how that works. You'd only save like 1.2 million. The rest you still get hit with.

 

[expy]

Use it only of there is a need to and if the investment is reasonable.

Don't want to get stuck with shit contracts just because we had money to spend.

 

[Habs Halifax]

By placing Hoff on waivers and sending him down, you are already under the cap.

Not according to what I see. We would still be short by around $500k. Pretty sure we would need to go with a 22 man roster with Price included. Pezzetta going to Laval would do it.

Dvorak is the wild card. Is he on IR or LTIR to start the season?

 

[HabbyGuy]

The only move Hughes should be making IMO with the available cap space is to rent it to other teams looking to offload salary with players on a 1 year deal. For 1st round picks, ala Monahan.

There's no reason to be signing any veteran players to any deals with term at this point.

 

[WeThreeKings]

Wait until someone needs to move money out to accommodate a signing or a trade and get paid like the Monahan trade.

 

[Gaylord Q Tinkledink]

Too many bad players on bad contracts.

I'd say try to use Ylonen as a sweetener, but he's not really worth much.

Retain 50% on Hoffman and hope for a 6th. I'm sure Arizona wouldn't be oppose if they're actually trying to be competitive

 

[morhilane]

Hughes said he didn't want to start the season with Price on LTIR so they can accrue cap space this season. Players will be traded/waived to get under the real ceiling instead.

 

[Habs Halifax]

My guess would be retain half on Hoffman to move him and eat a contract from someone, going into the year with approx 1.5-2M in space.

What's more value to you?

1) Retain on Hoffman and also eat a contract so we have $1-$2M in cap space and we can play one of Heineman/Farrell on the 4th line

or

2) Just keep Hoffman for one more year like we did with Drouin and Heineman/Farrell play top 6 minutes in Laval. Ready for a call up if there is an injury.

I think there is too much of a media/fan storm trying to "get rid" of Hoffman when he is not a problem in the room.

Hughes said he didn't want to start the season with Price on LTIR so they can accrue cap space this season. Players will be traded/waived to get under the real ceiling instead.

Good stuff. First I hear of this and it makes total sense. Not being able to accrue cap space is not ideal. If you can manage to not have that challenge, we should. It allows us flexibility and to take advantage of a cap hell contender if that situation presents itself.

Pretty sure they wanted to have Price on LTIR after the season last year but the Monahan/1st situation came up.

 

[Sorinth]

My preference would be to either take on a 1 year cap dump for a 1st or equivalent level prospect or sign someone like Kane/Tarasenko possibly Kessel/Tatar to a 1 year deal and then immediatly trade them to a contender while retaining 50% for a 1st or equivalent level prospect.

 

[CHfan1]

I think they are going to stay under the Cap without putting Price on LTIR until after the season. There is different ways of doing this.

They’ll want to get as close to the cap as possible before putting Price on LTIR to maximize their LTIR pool.

 

[HABitual Fan]

My preference would be to either take on a 1 year cap dump for a 1st or equivalent level prospect or sign someone like Kane/Tarasenko possibly Kessel/Tatar to a 1 year deal and then immediatly trade them to a contender while retaining 50% for a 1st or equivalent level prospect.

Tatar has proven that he can't get it done in the playoffs so he is not an attractive target at the TDL. That said if a roster spot opens, I would take him to be a friend for Slaf and Mesar if he is agreeable to signing once Price gets moved to LTIR after he season starts.

 

[Habs]

will be used as a salary dump for a playoff team, for a 1st round pick or a nice trade.

 

[JianYang]

I think HuGo will spend it if it means getting a player who can be flipped for magic beans in the near future. If the options isn't there, they will keep the cash.

Think back to last year when the habs went in on klingberg. It's the same thought process.

 

[HuGo Burner Acc]

Nothing. He understands that that money is basically RFA money, even with cap coming off the books after this year, you want some cap flexibility especially for 2024 FA

 

[26Mats]

My preference would be to either take on a 1 year cap dump for a 1st or equivalent level prospect or sign someone like Kane/Tarasenko possibly Kessel/Tatar to a 1 year deal and then immediatly trade them to a contender while retaining 50% for a 1st or equivalent level prospect.

I hope this happens.

Gotta find a team that wants to dump a contract. Washington is up against the cap, they don't want to dump Mantha and sign Tarasenko?

I also like the idea of outbidding everyone for a 1 year deal on a UFA that can be flipped at the deadline. Tarasenko 1 year 7.5M. But will Hughes put Armia and Hoffman in Laval to make room for such a player. We already have16 forwards.

 

[sampollock]

screw some GM for a 1st

 

[Skip Bayless]

That's another 1st rounder and/or 2nd rounder at the deadline.

Which will then serve as an asset in the Elias Pettersson trade.