from Chris Johnston of Sportsnet,

We are 20 years into the existence of the Arizona Coyotes and 11 years past the creation of the salary cap, and here we stand on new ground.

For the first time ever, the Coyotes are a cap team.

They may even end up utilizing long-term injury reserve to obtain additional space during the 2016-17 season, general manager John Chayka acknowledged Tuesday after signing Tobias Rieder to a $4.45-million, two-year extension.

“I’m a little sick and tired of having all the flexibility in the world and not enough good players to do anything with it,” Chayka said on a conference call. “For me it’s a good situation to be in.”

Of course, the Coyotes aren’t actually spending right up to $73-million cap because they’ll be carrying more than $20-million worth of players who won’t play for the team.

But it still marks a new course for the organization.

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