Technically you are correct. But when I said we're virtually cap-broke, I looked at the overall picture, that includes next year. We have committed all but $3.9M on 14 players (out of 25), which is crazy.
We may only have money to acquire rentals this year thanks to LTIR, not to MG's foresight (assuming that we cannot dump big contracts), which reduces our chances to get real talent. The issue is that if an awesome rental is available, good luck beating St Louis to it (just ONE example), with their $20M+ available this year.
Trust me, I honestly want to be wrong and have to praise MG in a couple of weeks!
In the off season we have lots of moves we can make and two amnesty buyouts. If we do any big moves before the trade deadline it will most likely be for rental players anyways.
We have 4 million in space next year, but if you look at our roster there is lots of wiggle room. If we aqcuire any sort of center we could easily look at dumping Weise. Alberts gone should be a no brainer. Ebbett has had some nice goals, but he can easily be dropped for a better player.
Ballard is in the dog house and if we cant trade him he will be bought out. His salary alone with current room means that we could resign all of our UFA's and still be under cap. You throw in a Luongo trade and get rid of Booth and now we got 10 million in space for whatever we bring back in a trade. Hell we could afford Ovey or Crosby (not that we would ever get them).