Thread: Value of: Cory Schneider
View Single Post
04-03-2013, 10:36 PM
Registered User
detredWINgs's Avatar
Join Date: Jan 2004
Location: Michigan
Posts: 15,572
vCash: 500
Originally Posted by palindrom View Post
it doesnt work.

Vancouver cant buys out Luongo after trading him to Florida. They need to buys him out while is is still under contract with Vancouver.
Then they cant trade him, because he is no longer with Vancouver.

They need to Buy him out first, and if it happen, i doubt Luongo would sign a new contract with Vancouver just to allow them to get some value out of a trade.

Why didnt Vancouver sign Sutter and Parise last summer then trade them to Minesota? Isnt it a loophole in the CBA?

Why didnt Gomez sign with Montreal after they bought him out, so they can trade Gomez to SJ?

You're completely misunderstanding the premise.

Vancouver allows Florida (which, again, is just an example) to speak with Luongo in order to see if they can come to an agreement as though Luongo were an impending free agent when in fact, he is still under contract with Vancouver.

Florida and Luongo come to a handshake agreement (i.e. an informal agreement) wherein Luongo agrees to sign with Florida to the agreed upon contract if/when Vancouver buys him out.

Gillis is then informed of the potential agreement and thereafter Florida would trade X assets to Vancouver for, formally, "future considerations," when in practice, Florida is actually trading X assets to Vancouver in exchange for Vancouver agreeing to buy out Luongo.

After Vancouver receives X assets from Florida, they buy out Luongo, and Luongo then promptly signs with Florida to the agreed upon deal.

Conceptually, it is akin to trading picks for negotiating rights, a la Ehrhoff, Wisniewski, etc, except that Vancouver has more leverage in that, if they don't get a reasonable return, they don't have to buy out Luongo.

detredWINgs is offline   Reply With Quote