More Luongo Talk
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12-09-2012, 01:33 AM
Hear me Roaaar
Join Date: May 2012
Originally Posted by
This thread has cracked me up.
Im, a Leafs fan.
Luongo is a GREAT goalie! We all know he is capable of stealing multiple games. His cap hit is amazing. It is amazing because of the terrible term.
I would love to have him in Toronto. But not at the asking price by most Canuck fans in this thread.
And for whoever said Toronto could easily trade Luongo to a cap floor team later in Luongo's contract. Who are you kidding?
Vancouver is having a hard time getting proper value for Luongo right now! What makes you think Toronto would be able to get "a 2nd or 3rd rounder" when Luongo is 38 or so. The only way a team would be able to trade Luongo in the final years of his contract would be to give up more assets than your getting back. Eg) Luongo and a 2nd for a 2nd type of deal. Why would any team be willing to take that contract off your hands while giving you an asset? To get to the cap floor? Why not do what Florida did and overpay UFA that will be off the books in a year or two?
The term on the contract is horrible. And that is devaluing Luongo whether you want to acknowledge it or not.
If it were horrible no GMs would give it. By far the most likely scenario is he retires before the term is up. Trading him to a cap floor team is only if he wants to continue playing. The rreason why Luongo hasn't been traded(apart from the lockout) is Gillis' enormous asking price. In 5-6 years from now though, if Luongo still wants to play, there's no reason why a team like Florida wouldn't give up, say, a 3rd round pick for him. Essentially making it like a 5-6 year contract. That's the whole reason the contract is structured that way. There are "dummy" years at the end so that the player makes the equivalent of 6.7 million dollars, while only taking up 5.3 million in cap space. It is ideal for any team that spends to the cap while his salary is 6.7 million, and the last years when he makes 3.3, 1.6, 1, 1 are either not going to be played out or can be spent playing in somewhere like Florida.
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