More Luongo Talk
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12-08-2012, 05:06 PM
Join Date: May 2012
Originally Posted by
It seems you have been too busy pretending to be an NHL GM trying to consumate fictitous trade proposals that have no bearing on real life. It was tabled and insisted that besides teams no longer having the option to put players in the minors (burying their contract), but minor league contracts will count against the cap. This excercise is to ensure no more cap cirumvention by NHL teams. You also probably didnt realize the insistance of the NHL owners on having 5 year max contracts and very little to no variation in the percentage of salary increase year over year on that contract. Its contracts like Lou, Richards and others that they are going to do everything to ensure this doesnt happen again. Keep Lou and enjoy the long term cap hit, to expect a team to bail out the Nucks and give up plenty of assets, and no cap hit in return is beyond the realm of common sense. The other issue that Nucks fans seem to like to overlook is the fact of insurance of the contract. To my understanding contracts extending 7 years cannot be insured, even the cost of a 7 year contract is very expensive and not something all teams can afford, let alone the fact Lou likely wont play out the length of the term, adding more risk to the cost. Combine that with the likelyhood teams will be unable to bury contracts in the new cba with an overall lower CBA, limits the suitors dramatically.
I don't understand what this has to do with my post. Yes there have been discussions, but it's hardly a sure thing, and it's not like everyone wants all minor league contracts to count against the cap. I could also stand here saying if the NHLPA decertifies then there won't be a salary cap, and Luongo's value would skyrocket. You can't just make assumptions about what will happen and assume everything that does happen will lower the value of an elite player that your team happens to be interested in. You would have to assume all of the following:
1) Luongo does not wish to retire when his actual salary sharply decreases at 39.
2) That Luongo's play does significantly decline and he doesn't play well later(having two lockouts reduces his wear and tear)
3) There are no cap floor teams interested in reaching the cap floor while paying less actual money
4) The new CBA disallows contracts from being buried in the minors.
5) Luongo's contract will not be grandfathered in.
6) That Luongo would prefer playing in the minors for $1 million, purposely screwing over the team that has him, to retiring without tarnishing his pride.
Every single one of these points must go wrong in order for Luongo's contract to become an albatross. See why I think it's unlikely?
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