Luongo Talk: The Final Countdown...?
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01-07-2013, 09:38 PM
Join Date: Aug 2003
Originally Posted by
Friedman breaks down "cap-recapture system" or penalties involved if Luongo retires before his current contract expires. So it looks like the new CBA doesn't help or hurt his trade value. Am i reading that correctly? Or he goes on LTIR and no one pays any penalties. hah.
Everyone is worried about Lu cap hit after retirement...
Question: Regular buyout options still exist...so seeing as most NHL goalies can keep up a quality game until age 37/39...say Lu plays 6 years in TO until age 39
Why can't TO buy Lu out at the regular 2/3 cap hit at that point??? By then the cap should be at about $73M...Lu buyout hit would be nothing or they could trade him to a team which needs to meet cap floor. Bottom line Burke needs TODAY not to worry about anything else!
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