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11-12-2012, 08:56 PM
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Originally Posted by Liferleafer View Post
A few things here. It is my beleaf that excisting contracts will be grandfathered as the NHL signed off on them. If there are penalties set, they will go against the team who gave the contract.

In terms of actual salary...if Luongo's contract is grandfathered, it is tailormade for a cash rich team like TO, 6.7 cash means squat...5.3 cap is a steal for a proven starter. I also believe Luongo will give another 5 years of quality goaltending and after that, we could use one of the multiple outs.
I agree this is a contract that a team like Toronto can afford to take a chance on.

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