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Thanks to LTIR the Flames have cap space, but not a lot of flexibility

After a month of trying to avoid placing Juuso Valimaki on the long-term injury reserve for cap relief, the Calgary Flames have done so with the injured Austin Czarnik. LTIR is a strange and complex mechanism, so we figured it would be a good time to dig into what exactly is going on cap-wise.

Regular cap space

The salary cap ceiling for the 2019-20 NHL season is $81.5 million and the season is broken into 186 days. Every day at 3 p.m. MT, the NHL logs everyone’s cap situation. Any unused space below the cap ceiling is divided by 186 (to pro-rate it for its daily value) and pushed ahead for future use.