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NHL Rumors: Montreal Canadiens, and the Edmonton Oilers

Cap Friendly: The Montreal Canadiens get $3.75 million in salary cap relief from putting forward Brendan Gallagher on the LTIR. The Canadiens had recalled forward Paul Byron before putting Gallagher on the LTIR to maximize their LTIR relief.

Cap Friendly: The ‘Patrick Kane loophole’ is now available for the Canadiens.

“1. Trade for players using LTIR space
2. Season ends (& there is no salary cap in the playoffs)
3. Activate Gallagher when healthy icing a roster that would otherwise have exceeded the cap”

Eric Engels: “While the ability to exceed the cap by Gallagher’s salary will only ramp up speculation Bergevin will add to his defense, we shouldn’t discount the possibility he’ll make some changes up front.