Not an extra 3.5 million - I'm not talking 5.3 + 3.5 million - 3.5 is enough for them to fit Luo in.
And then if they move Bryz they actually wind up with more cap space.
But I'm still hoping for the Panthers deal - no help for Philly - we'll want Bryz in net if we face them in the SCF...
That then assumes they don't care about next year's cap if a move involving Bryz isn't also implied. They aren't going to take on a lot more cap since they only have so much room themselves for next season when the cap drops. I did mention moving Bryz separately without taking cap back in the second sentence.
EDIT: to clarify, they have ~$1.7M in cap space currently. They'd also have LTI for Pronger (~$5M), and probably Briere and Meszaros for the first part of the season (maybe a couple mill). They'd probably have enough that way but next year might be different, or if Pronger comes back, so they have to account for that possibility this year and next.
NHL won't approve a trade or signing that will put a team over the cap this year - or any year in the future (up to 10% over for future years, I believe). "Tagging room" refers to room under the projected cap in future years.
With the cap being retracted so much, a lot of teams will have their hands cuffed doing extensions, or trading for contracts that extend past this year. Right now we have 9 million in room for next year, so it's not as big of an issue for us.
I wondered if that's what you were getting at. I don't know if it'd be such a concern considering the NHL already knows each team will have up to two cap free buyouts, so I'd assume they'd allow for a percentage over in cap hit for coming years, like they do in the summer.
Edited by elvis15, 15 January 2013 - 03:48 PM.