Chris Johnston of Sportsnet reported today some news about the Leafs cap situation.
They quietly placed Nathan Horton, Joffrey Lupul and Stephane Robidas on long-term injured reserve (LTIR) earlier this season — giving themselves the flexibility to operate more than $15-million above the $73-million cap for the remainder of the year.
This is news, since up until now, Cap Friendly had listed all of these players as on Injured Reserve and therefore, fully counting against the salary cap.
Johnston explains the implications of this move in some detail, so do read his story.