We know that one of Kent Hughes' fondest wishes is not to have to place Carey Price's name on the off-season LTIR. There are significant advantages to using the season-only LTIR. As of today, according to CapFriendly, the Habs are $6.18 million over the salary cap. This includes the contract of newcomer Tanner Pearson. Hughes would therefore be obliged to place Carey's name on the LTIR before the season, according to logic. However, this is not the case. According to Frank Seravalli, Kent Hughes has plenty of room to maneuver. <q>And in case you're wondering, the Habs have plenty of wiggle room - they won't need to place Carey Price on LTIR off-season for this deal to work. - Frank Seravalli</q> The Habs and every other team can go up to 10% over the salary cap in the off-season, which explains it all. It's at the first game of the season, on October 11, that this will have to be settled, and Price will be on the in-season LTIR at that time. <div align='center'><blockquote class='twitter-tweet' data-lang='en'><a href='https://twitter.com/mndamico/status/1704254969480654857?s=46&t=JX9vFk7DMm3fUzsTFBteyQ'> </a></blockquote></div>