Luongo Talk: The Final Countdown...?
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01-09-2013, 03:50 AM
Join Date: Jun 2002
Location: Broncos 8
Originally Posted by
Someone on the Canucks boards came up with the great idea that they just buy him out before he is about to retire, of course that depends when they do it as to how willing they would be to do it, if they bought him out at the end of 2017-18 when he would be 38 (So in 5 years) the cost of the buyout would be just under 7 Million, so really for a buyout like that it's not a huge lose.
That way both sides wouldn't have to hold onto his cap hit.
Interesting idea. I can see Wang doing that, cost him 660k in cash and he gets 3.5m off the cap. We eat a bad $1m contract.
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