All Purpose Luongo Trade Discussion (New news) MOD WARNING IN OP
View Single Post
10-18-2012, 09:03 AM
Join Date: Oct 2009
Originally Posted by
Yeah, it really mitigates the risk any team trading for Luongo takes on.
Not all of the risk.
For all intents and purposes the end years of Luongo's contract can be viewed the same way it was with the previous CBA. That is, Luongo can still play out whatever part of the contract he wants, retire when he's ready and remove his cap hit from the books of which ever team picks him up. That hasn't changed from the old CBA. The only thing that has changed, with respect to the team that trades for him, is the provision about stashing NHL salary in the minors or overseas to remove the cap hit.
I don't see why his trade value should increase in that situation. Luongo is now worth more because a potential provision of the new CBA includes something that directly punishes the Canucks further down the road? If I'm a team trading for Luongo, that doesn't matter to me and I'm not going to pay a premium now just because provision is there.
View Public Profile
Find More Posts by tempest2i