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Forums :: Blog World :: Jan Levine: With Panarin signed, cap/lineup implications plus thoughts on David Quinn
Author Message
patersonnick46
Location: Keyport, NJ
Joined: 08.26.2018

Jul 4 @ 10:52 AM ET
I think some of you are missing this point regarding cap sapce!

Beleskey 1.9 to the AHL
Smith 4.350 to the AHL
McKegg 750K to the AHL
Nieves 700K to the AHL

Total 7.7M returns to cap space
Tonybere
New York Rangers
Location: ON
Joined: 02.04.2016

Jul 4 @ 10:56 AM ET
I think some of you are missing this point regarding cap sapce!

Beleskey 1.9 to the AHL
Smith 4.350 to the AHL
McKegg 750K to the AHL
Nieves 700K to the AHL

Total 7.7M returns to cap space

- patersonnick46



Isn't that Beleskey's full contract? I think there's a $1M savings toward the cap if he's in the A.
Jan Levine
New York Rangers
Joined: 09.16.2005

Jul 4 @ 11:35 AM ET
I think some of you are missing this point regarding cap sapce!

Beleskey 1.9 to the AHL
Smith 4.350 to the AHL
McKegg 750K to the AHL
Nieves 700K to the AHL

Total 7.7M returns to cap space

- patersonnick46

Two corrections:
I am fairly sure that the amount which can be buried in the minors is not the full amount of his cap hit. Meaning that for Beleskey, not all $1.9 mil would come off the books.

The same for Smith, even if he passes through waivers, so even though his cap hit is $4.35 million, a large portion of that would remain on the cap even if he passes through waivers and is sent down.

Per HockeyStatMiner, who I trust on all cap hit matters: The rule for burying guys is the max cap relief is $375k + that year's minimum salary. So since the minimum salary next year is $700k, the max burial relief is $700k+$375k=$1.075m. Therefore, Smith's cap hit if buried would be $4.35m - $1.075m = $3.275m
Jan Levine
New York Rangers
Joined: 09.16.2005

Jul 4 @ 11:57 AM ET
new blog up, mock draft comparison
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