Yup. Nobody is going to want a 43 year-old Luongo with a $5M+ cap hit.
They'll likely have to trade something of significant value along with him, or take back a bad contract.
One alternative under the new CBA would be Vancouver being willing to keep salary in the trade....under that scenario if they would be willing to keep +20% of his salary.
The contract wouldn't look nearly as bad - it would still be too long, but the cap hit would be good value (4.3M).
@TSNBobMcKenzie
Oh, yeah, for conspiracy theorists, WSH isn't talking to VAN, has no plans to talk to VAN on any goalie. BTW, VAN isn't trading Schneider.
I personally don't like his contract, and would prefer more cap flexibility going forward.
However that is not to say that I don't prefer the idea of a veteran mentoring one of our young goaltenders longterm. I think either Holtby or Neuvirth would excel far more with a veteran keeper behind them to step in when needed. In Luo's case a very expensive veteran.
What becomes quite interesting though is that if we play with the thought that Schultz goes to Vancouver in any deal for Lou, regardless of what other pieces that may follow, we would still only have added roughly 2-2,5 million worth of cap hit, with Jeff's contract out the window. That actually leaves some room for thought.
Of course the real concern is what pieces Vancouver would demand for Lou. While Lou has been good and certainly seen his value increase, Vancouver are in a bit of a problem with the cap, which to some extent limits their options. Prospects and picks would most likely be the main pieces in any trade for Lou.
I stupidly voted before checking the results. Can someone who hasn't voted yet check how many of the yes votes are actually from Caps fans? I'm thinking not many.
I voted yes, but I realize the contract is probably too painful to absorb unless we're shedding some $$ elsewhere.
Even if he's as durable and his skills don't decline (like a Brodeur), he could play to 40, but that contract takes him to 43 if my math is right. That's 3 bogus years....
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George McPhee....The Teflon GM. 15 years of failure and counting....
6 - Number of playoff series the Capitals have won since George McPhee took over as General Manager in 1997 (which makes him the third-longest-tenured GM in the League), three of which came in McPhee's first season on the job.
I stupidly voted before checking the results. Can someone who hasn't voted yet check how many of the yes votes are actually from Caps fans? I'm thinking not many.
I made nicknames of those who vote not available for piblic. Just because some may have felt embarassment to vote for yes. But I probably should've not done that.
Whoa. I went and read the Vancouver board for fun and legitimately half of them are/were talking deals like Forsberg and our #1 for Luongo.
Crazy Canadians.
It's debatable when it comes to these boards as to which fan base, Toronto or Vancouver is the worst at overvaluing their team's assets and undervaluing other team's assets.