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I guess there is no trade interest for him.
Because lucky teams can get away with it. And since the Sharks are the unluckiest team EVER they can't. But honestly I don't trully understand also, but I think it has something to do with when contracts take in full effect.
How does this cap shit actually work? Im confused because on the radio last night they were talking bout chicago making trades and tehy said that since the cap space, along with contracts go on a day to day basis and with the season halfway through said that the Hawks have the room to take on 22 million in new contracts... That made so sence to me, cause I know their payroll is pretty maxed out. if they can take on 22mil for the remainder of the year, how come everyone always posts how SJ cant make certain trads cause they barely have any room??
So can we get Doan & Iginla now?
The Sharks have the cap space available to afford Doan. They'd have to move a little more salary for Iginla. However, they probably don't have the assets to aquire them.
I'll do my best to explain it.
When they say the Hawks can take on $22m in new contracts they are talking about the players annual cap hit. For example if a player makes $5m annualy and a team aquires that player at the half way point of the season the players cap hit that is applied to his new team is only $2.5m for the remainder of that season.
Cap hits and cap space are accumulated on a daily basis. The cap ceiling is $64.3m and the NHL regular season is 186 days long this year. This means a team can acumulate a maximum of $345,698.92 (64.3m / 186) in cap hits on a daily basis. So as a very basic example: Say a team starts the season with $50.0m in annual cap hits on the roster and keeps that same roster for the entire first half (93 days) of the season.
The team is spending $268,817.20 towards the cap daily. Meaning they are accumulating $76,881.72 in cap space on a daily basis.
Max the team could have spent towards the cap over the first half of the season = $32,150,000
Actual cap hits the team has spent to that point = $25,000,000
Since the season is half over we double the difference between those two numbers giving us $14.3m. At that point players cap hits are reduced by half so we double the number again to $28.6m to get the total annual cap hits a team can take on at that point of the season and still stay under the max cap expenditures for the entire season.
So what to you imagine the sharks have in available space to take on?? If chicago can take on $22 mil, I imagine the sharks can take on more with Havlet being on LTIR and his money not counting...