Luongo: The Neverending Story
View Single Post
01-07-2013, 10:46 AM
Join Date: Sep 2008
Location: Chatham, ON
Originally Posted by
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.
Interesting...sucks for Vancouver (and other teams that signed retirement contracts).
Although I'm not sure why the price would go up. Doesn't really affect the acquiring team (when retirement would've just removed the contract from the cap) so I don't see how it changes Gillis' pros and cons list to moving him for any particular offer.
View Public Profile
Commander Clueless's albums
Find More Posts by Commander Clueless