Luongo Talk: The Final Countdown...?
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01-07-2013, 11:28 AM
Join Date: Feb 2004
Originally Posted by
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:
Just to make that clear, the number in the far right column would be the annual cap hit for every subsequent season.
Example 1: if Luongo retired prior to the 2017-2018 season, his cap-hit for the following five seasons would be 2.59m (12.96m divided by five seasons).
Example 2: If he retired prior to the 2020-2021 season, his cap hit would be 4.34m (8.67m divided by two seasons).
The cap hit would not change for each individual season after he retired.
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