View Single Post
Old
01-08-2013, 01:28 AM
  #666
TheLeastOfTheBunch
Matthews or Laine?
 
TheLeastOfTheBunch's Avatar
 
Join Date: Jun 2007
Location: Toronto
Country: Canada
Posts: 35,485
vCash: 500
From Pierre LeBrun:

Quote:
To wit, part 2: If Luongo were to play the next seven years of his deal in Toronto before retiring, the Leafs would be paying him $43.666 million in salary but only counting $37.31 million against the cap over those seven years, a cap savings of $6.356 million. So if Luongo retires with three years left on his deal (because his salary falls to $1.618 million in the 10th year and then $1 million in the last two years of the deal), the Leafs would get charged that $6.356 million on their cap spread evenly over the remaining three years of his deal.
http://espn.go.com/blog/nhl/post/_/i...re-cba-details

TheLeastOfTheBunch is offline