Quoting: palhal
Nope. It doesn't affect their flexbility at all. Gee the Leafs have Lupul, Horton and Rodibas almost 15m in LTIR money during the summer. Did not affect there ability to sign to the cap with "live" players during the summer.
Have a player on LTIR...especially permanent LTIR, may affect when the team can pay their performance bonus.
Even if was a concern, Ottawa or others has of cap and certainly wouldn't demand a such a big premium
Cap is ~82M
10% cushion makes it ~90M
Vegas right now has ~83M in cap
Vegas still needs to sign Karlsson @ 7M, Gusev @ 3M, Engelend @ 1M, Subban @ 1M
Their cap will be well over 90M at that point.
This stuff is pretty complicated so I won't pretend to be an expert but during the season, Vegas is allowed to exceed the salary cap by 5.25M max due to LTIR. During the offseason though, they can only exceed the salary cap by the difference between the LTIR saving and the bonus cushion of 10%, not the 10% and then the 5.25M from the LTIR. Meaning they can't sign everybody until they move out salary. That's why I said, if they trade a guy like Eakin right now for a 7th rounder, they could be potentially fine to sign everyone (I don't know for a fact I would have to recalculate) and then start working on the rest of the players they'd have to ship out to fit under the cap when the 10$ bonus cushion is removed.
@CapFriendly - Can one of you guys refute/validate this? This seems to be a common mistake that people make around here but then we hear contradictory reports that wouldn't make sense given what we think we know and being that the salary cap is extremely complicated, I'd like to squash this one so I can pass on the right information going forward.
tldr - why would Vegas need to trade Clarksons contract if they can just use LTIR to give themselves the additional exceeding of the cap they would need to sign all their pending RFA's and UFA's?