James Mirtle had a nice brief post yesterday breaking down the salary cap a bit:
Think of the NHL's salary cap as operating on a calendar, one that runs the length of the regular season (187 days) from start to finish. Divide the $44-million available under the salary cap this season by those days, and you end up with slightly more than $235,000 that each NHL club has as its average daily limit.
On Feb. 27, trade deadline day, there will be 41 days remaining on that calendar, the equivalent of roughly 22 per cent of the regular season. That's also the percentage of any incoming salaries teams will be on the hook for when they pick up players that day.