Good news! The New Jersey Devils have just improved their roster with another essential player.
We are approaching the midpoint of the 2023–24 season.
The new year has begun as we speak. March 8th, 2024, is less than two months away from the NHL Trade Deadline.
For several months now, the New Jersey Devils have been in the hunt for the playoffs. “They should be fine,” say the optimists.
Pessimists claim that they won’t be. Given the awful goaltending, serious injuries, Lindy Ruff, poor game starts, and the difficulty of catching up in this league, realists might lean more toward the latter.
Aside from that, the weekly division snapshot illustrates how difficult it is. All of this indicates that now is a crucial moment in the season for the Devils and many other teams to carefully examine their roster and determine their goals for the coming year.
A team must be aware of who within their own organization is set to become a free agent in order to do this correctly. Players with expiring contracts may find themselves elsewhere by the beginning of March 2024 if it is decided to sell off assets.
Determining the salary cap scenario to accommodate everyone is necessary when deciding whether to rent players or bring in one or more players. It would be necessary to consider and have faith in those who stand to gain in the second half of the season, even if one were to decide to do nothing. It makes sense that those searching for a new contract in the summertime would be among them.
This is the reason this post will examine the Devils’ 2024 pending free agents. starting with the salary cap and ending with the players themselves. Tom Fitzgerald, the general manager, and his staff are undoubtedly aware of it. I believe that we ought to follow suit as well.
The Condition of the Cap on January 12, 2024
The finer points and subtleties of the NHL salary cap are easier to comprehend because of CapFriendly. This is critical for the People Who Matter because the Devils are a team that can, and maybe should, take advantage of long-term injured reserve (LTIR). How does that operate?
The fact that LTIR does not “create” space is crucial. When a player is placed on long-term injured reserve (LTIR), relief is granted if the team’s cap exceeds the ceiling. At CapFriendly, this is referred to as the Accruable Cap Space Limit. When the player is activated—and the contract bargaining agreement requires that a player be activated who is fit to play—that relief disappears. The gist of it is what we need to know for this post, but CapFriendly has a full FAQ that goes into more detail with examples.