Quote:
Originally Posted by CRS
Cap hit is the amount of money taken away from a team's salary cap.
For example, if a team has a salary cap of 54.3 million, by signing luongo, 5.3 million would be taken away from 54.3 so the team would be left with 49 million left to sign other players.
**Note, every team has the same salary cap and it is regulated by the NHL**
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So Luongo's 10 million for that one season in 2010-2011 will still mean only 5.3 is deducted from the team salary cap?