Luongo Talk: The Final Countdown...?
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01-07-2013, 11:05 AM
Join Date: Feb 2004
Originally Posted by
So reading up on this some more: The CBR formula is actually the PA's answer to the NHL's more draconian measure of just tacking on the remaining cap-hit to the original team. Here are it's details (From same Mirtle article):
So what is the "money saved over the term of the deal"? And how do they apply it to the cap?
Using this formula, I made a quick excel which I believe shows the cap penalty that the Canucks would face if Luongo retires prior to his contract ending:
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