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01-07-2013, 11:02 PM
On a Soma Holiday
cyris's Avatar
Join Date: Dec 2008
Location: 3rd Planet From Sun.
Country: Canada
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Originally Posted by kack zassian View Post
What happens if Luongo is traded again, say 5 years from now?
(To say Carolina for random sake).

Is T-O off the hook if he retires, or does it just adjust the formula I wonder.
As I understand it anyteam that benefits from the cap circumvention portion of his contract must pay that back in a cap penalty averaged out over the remaining part of his deal after he retires. But I'm certainly no expert.

So you guys will already have a penalty around 2m a season if he retires with 3 years left on his deal. And that will only go up if you keep him into or through next season.

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