
Nah you’re not. Shea Weber’s basically LTIRetired, and yet his contract still exists in the NHL. Chicago acquired Shea Weber’s contract at the 2025 TDL off Utah (Weber + Aku Raty + Soderstrom to CHI for a ‘26 5th). Some tanking teams acquire LTIRetired contracts solely to have them count against their cap so they can be above the cap floor (+ Teams get paid a late pick to do so)