Luongo Talk: The Final Countdown...?
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01-07-2013, 11:52 AM
Join Date: Aug 2006
Originally Posted by
They 'retirement years' were to lower the hit, that $5.3 was never going to count against the cap under the last CBA. I don't believe the Canucks anticipated paying a 43 year old goalie $5.3 million of cap space. i think they anticipated him retiring at 39.
In reality though, it helps us get better value now, and if he performs well through his final year of $6.7m salary, the buyout would be PEANUTS on the cap, especially if the league revenues grow like they did pre-2012 lockout.
What buyout? If he's no longer a Canuck at that point, how can he be bought out?
I guess I am not fully understanding the full implications of the PA proposed CBR formula.
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