Luongo: Light at the end of the tunnel?
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01-08-2013, 02:08 PM
Join Date: Aug 2006
Originally Posted by
A reminder for anyone considering Lu's contract to be somewhat of a negative,
remember that his discounted cap hit is in fact
Most of his elite goalie peers sit between 6.25 and 7k per year. Lu would be at 6.7 but for the fact that the cap hit is discounted. The "penalty" just means you pay for this discount later.
The reminder is that he's legitimately worth his 6.7k paycheck - the 5.3k cap hit is a benefit to any team capable of making use of the discount.
This is an
reminder. One that has been glossed over by many fans here. The cap recapture essentially _balances_ the contract, it doesn't just add negative impact to a just "fair" contract. It levels out an "unfair" deal by making it fair, so to speak. I still think the benefit for 6~ years to the leafs/panthers/whomever outweighs the negative impact in the last 3-4 years, still making it good overall instead of just fair.
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