Rd 7, Pick #211: Linus Sjodin (C)

[Doohickie]

1 hour ago, Taro T said:

He will simply be IR'd.  Being placed on BF-LTIR is meaningless until the team payroll will exceed the salary cap.  And players can be retroactively placed onto BF-LTIR, so teams only invoke it when their team salary is about to go over the cap.  That is because a team doesn't gain the player's full salary's worth of relief, but rather only the potion that they'd be over the cap.  So, with an $82MM cap and a team with a $2MM player ready to go on BF-LTIR, if the team brings up a player raising the team payroll to $83MM when they invoke BF-LTIR, they can only go to $83MM w/ their cap and only gain $1MM in cap relief (not the $2MM of the player's full salary).  

They'd rather have the payroll at $84 w/ the BF-LTIR guy when they activate it to gain the full $2MM in relief.

It's meaningless to the team's cap situation, but not to the insurance payout.  They will likely move Bishop to LTIR so that the insurance pays out.