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01-08-2013, 02:41 PM
  #558
dave babych returns
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Quote:
Originally Posted by HamhuisHip View Post
More likely before this season starts. Why? An extra season of Luo in VAN means a higher cap hit when he retires early. Based on current media reports VAN would see an additional $3+M hit added to the cap over the last three 3yrs of his contract (assuming he retires when expected).
That's incorrect, the Canucks would save $1.4m on the cap this year (or rather, whoever has Luongo this year will) which works out to what, 0.466m against the cap spread across three years.

I really don't think Mike Gillis is going to fall all over himself to deal Luongo to avoid that problem nearly a decade down the line, especially when this current CBA (which might not even be in effect by then) would allow him to trade for players and leave some of their cap hit and salary behind - effectively getting him around any penalty.

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