Luongo: The Neverending Story
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01-07-2013, 10:33 AM
Join Date: Aug 2006
Uh Oh! Mirtle tweeted that the Cap Benefit Recapture formula is 100% in the new CBA. So original team that signed BDC, the Canucks in this case, are saddled with the cap-hit when Luongo retires. Ouch. And the price just went up.
"Can 100% confirm the new CBA will include the cap benefit recapture formula. It will apply to existing deals "in excess of six years."
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