On Friday, the Tampa Bay Lightning announced that Ryan Callahan was done with hockey due to back issues. On Saturday, the Lightning traded J.T. Miller to the Vancouver Canucks to free up some cap space. While Callahan will be added to Long Term Injured Reserve at the start of the season, it still created some issues for the Lightning if they didn’t move some salary.
LTIR is a fairly complicated beast to understand. If you really want to read more in depth about it, then check out the CapFriendly.