*ALL* Luongo Talk (News/Speculation/Rumors/Proposals)
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01-27-2013, 02:48 PM
Join Date: Oct 2012
Originally Posted by
The potential negative impacts of Luongo's contract do not come into play for at least another 8 years.
The average lifespan of an NHL general manager is considerably less than that and the current CBA has an opt out in 8 years, so we may be into another lockout before then. When a real NHL GM weighs having an elite goal tender with a $5.3M cap hit for the next 5-7 years years versus a potential cap liability 8 to 10 years from now the Cap Savings Recapture doesn't really come into play.
It's a non-issue.
Part of the problem is that many people disagree with how long his contract will be considered a 'non-issue'. You suggest that is it 8 years. I understand. I feel like 4 years with many years of penalty. Others will say 2 years and another group will say none at all. Since there is no way to truly measure that
aspect of his value, you will get vastly varying opinions.
Just out of curiosity, what are the numbers of the cap-recapture rule for Vancouver if say they never traded him and kept him? Are we talking 4M cap penalty for 4 years? Is that non issue?
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