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01-08-2013, 01:15 AM
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Originally Posted by GoLeafsGo96 View Post
If Luongo retires the year before his contract expires than the team that traded for him (and the Canucks) would have their shares of the penalty all in the one year. So saying a 2m per year penalty isn't that bad is fine, but thats assuming he doesn't decide he wants to continue to play. Theyre both what-if scenarios. The risk is there. Is it enough to seriously hurt Luongo's value? Probably not. But its obviously something to look at.
With one year left, the leafs would get a cap credit (having paid less in salary than the cap hit across those years), not the other way around.

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