Go Back   HFBoards > General Hockey Discussion > Free Agent Frenzy
Mobile Hockey's Future Become a Sponsor Site Rules Support Forum vBookie Page 2
Free Agent Frenzy Trade rumors, transactions, and free agent talk. Rumors must contain the word RUMOR in post title. Proposals must contain the word PROPOSAL in post title.

Lu's contract sucks, imagine he's a UFA

Closed Thread
Thread Tools
04-04-2013, 01:05 PM
HFBoards Sponsor
shipwreck's Avatar
Join Date: Sep 2011
Location: Texas
Country: United States
Posts: 1,665
vCash: 500
I apologize if this is elsewhere, but I just read this and didn't see it mentioned:

If Luongo is serious about escaping his contract, he can withhold services, which would allow the Canucks to terminate the deal. But the team would first have to place him on waivers, meaning Luongo would have no input on where he plays and could be claimed for a fee of $125.

shipwreck is offline  
04-04-2013, 01:17 PM
Marlo Stanfield
My Name Is My Name
Marlo Stanfield's Avatar
Join Date: Jun 2011
Location: Long Island, NY
Country: United States
Posts: 3,086
vCash: 50
Off topic; the NHL should have it like the NFL where you can restructure contracts.

On topic; I'd go 2-3 years at 5.5 mil to 6 per. Takes him up to 37.

Marlo Stanfield is offline  
04-04-2013, 01:18 PM
Join Date: Nov 2009
Location: All Over The Place
Country: Canada
Posts: 5,295
vCash: 500
At least one team would offer him 6M for a few years.

jmart21 is offline  
04-04-2013, 01:25 PM
Registered User
Join Date: Jun 2010
Posts: 1,167
vCash: 500
Originally Posted by shipwreck View Post
I apologize if this is elsewhere, but I just read this and didn't see it mentioned:


It would also allow the Canucks to suspend him, thereby dropping his cap hit, and not having to pay him. Or they could terminate his contract, send him through waivers losing him for nothing and eat the dead cap space from the cap reclaim clause in the new cba.


Ishad is offline  
04-04-2013, 01:26 PM
Tornado Warning
Blackhawkswincup's Avatar
Join Date: Jun 2007
Location: Chicagoland
Country: United States
Posts: 119,572
vCash: 302
Originally Posted by serge2k View Post
He would probably sign for 4-5 years at the same cap hit.

Canucks would also get signifigant value for him if his contract was expiring.
Doubt this very much

34 yrs old and not playing anywhere close to previous level

Probably would get a 3 yr deal at around 4M cap hit

Blackhawkswincup is offline  
04-04-2013, 01:37 PM
Registered User
DPyro's Avatar
Join Date: Jun 2010
Posts: 2,344
vCash: 500

DPyro is offline  
04-04-2013, 01:42 PM
Registered User
veedubn1's Avatar
Join Date: Jun 2010
Posts: 1,633
vCash: 500
Originally Posted by Marlo Stanfield View Post
Off topic; the NHL should have it like the NFL where you can restructure contracts.

On topic; I'd go 2-3 years at 5.5 mil to 6 per. Takes him up to 37.
That's more than fair and likely the sort of deal (maybe add two more years) he should have signed in the first place.

If Luongo was only signed until he's 37/38, he'd be on another team already.

Off topic - Are you the same Marlo from ISH? I stopped going on that site a long time ago (how many Kobe vs Jordan topics can one man stand?) but your name is familiar.

veedubn1 is offline  
04-04-2013, 01:45 PM
Fearful Symmetry
Rorschach's Avatar
Join Date: Oct 2006
Location: Los Angeles
Country: United States
Posts: 7,391
vCash: 500
1) Trade Luongo to where he would start, deal would involve Van keeping salary while new team paying a heavy penalty conditionally for it
2) New team and Luongo break the contract, forgoing the penalty paid to Vanc and sign a new reasonable deal
3) Three sides happy

Rorschach is offline  
04-04-2013, 03:19 PM
Registered User
604's Avatar
Join Date: Nov 2011
Posts: 5,120
vCash: 50
I think if Lu was a UFA he'd be bid up to $6.5M a season for 5-6 years.

I doubt two bad games this year had changed what GMs think about him.

604 is offline  
04-04-2013, 03:24 PM
Chandrashekhar Limit
Get a real GM
Join Date: Apr 2009
Location: Waterloo, ON
Country: Canada
Posts: 16,370
vCash: 283
5 years, 27.5 M is the most I'd do for him,

Chandrashekhar Limit is offline  
04-04-2013, 03:26 PM
Registered User
Hi-wayman's Avatar
Join Date: Feb 2002
Location: Calgary
Country: Canada
Posts: 4,727
vCash: 500
I do not see Luongo being bought out nor do I think it is necessary.

Few people disagree that Luongo is not a good number 1 goalie presently and a cap hit of $5.3 Mil is more than fair if his contract was only over the next 3 to 5 years.

The so called "bad contract" refers to the length of the contract (9 years left) and each individual's estimate as to how many years remain that Luongo will be playing at a #1 goalie level as well as how many years a team will be stuck paying a retired player and being charged $5.3 mil cap hit those years he is actually retired.

What hasn't been discussed is in the next 3 to 5 years will $5.3 mil per year be considered high, medium or low for a goalie's salary (#1 and backup) & how many years will Luongo possibly play as a backup after he is no longer skilled enough to play as a #1 (he may currently play as a backup to Schnieder, but he is still playing at a #1 skill level - the Canucks just happen to have two #1's).

Let's say he plays the next 4 years as a skilled #1. and another 2 years as a skilled backup. Based on how salaries have risen over the past few years, it is not unreasonable that backups could be earning in the $4.5 to $5.5 Mil range in 4 to 5 years time. Knowing the dedication and fitness of Luongo six more years of playing after this year is not out of the question. That leaves the last 3 years which he may be able to play, but could also retire.

If a team had to suffer a $5.3 cap hit in today's market for the next 3 years when a player had retired, it would hurt, but it may be sufferable at team salaries 7 to 9 years from now if there was additional insentive. Such insentive could be the Canucks taking some salary back even if it was down the road, but another insentive could be Vancouver offering a conditional third round pick as of the year Luongo retires if before his contract is up.

Last edited by Hi-wayman: 04-04-2013 at 03:31 PM.
Hi-wayman is offline  
04-04-2013, 05:50 PM
Mr Atoz*
I hid the Atavachron
Join Date: Apr 2010
Country: United States
Posts: 2,915
vCash: 500
Originally Posted by Curufinwe View Post
After he's bought out, I hope he considers coming to Philly.
Just give us enough warning to buy popcorn. The revolving door of Flyer bust savior goalies is the best show in town.

Mr Atoz* is offline  
04-04-2013, 06:30 PM
Sergei Shirokov
Registered User
Sergei Shirokov's Avatar
Join Date: Jul 2012
Location: British Columbia
Country: Canada
Posts: 8,231
vCash: 500
If hes on the market there are probably atleast 7-10 teams that express interest.

Although in the end he would most likely end up going to Tampa or Florida.

Sergei Shirokov is offline  
04-04-2013, 06:33 PM
Registered User
Join Date: Oct 2010
Posts: 6,032
vCash: 500
I think Luongo would pretty easily get $6M per year for 3-4 years.

deckercky is offline  
04-04-2013, 06:40 PM
Registered User
BoHorvatFan's Avatar
Join Date: Dec 2009
Location: Vancouver
Posts: 9,098
vCash: 500
He'll sign a cheap contract with the Oilers and stick it to the Canucks for a few years.

BoHorvatFan is offline  
04-04-2013, 06:46 PM
Mod Supervisor
Team ϶(o)ϵ
EastonBlues22's Avatar
Join Date: Nov 2003
Posts: 7,279
vCash: 500
There's already a thread extensively discussing Luongo's situation. Lets keep all the speculation surrounding Luongo in there.

EastonBlues22 is offline  
Closed Thread

Forum Jump


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

All times are GMT -5. The time now is 06:25 AM.

monitoring_string = "e4251c93e2ba248d29da988d93bf5144"
Contact Us - HFBoards - Archive - Privacy Statement - Terms of Use - Advertise - Top - AdChoices

vBulletin Copyright ©2000 - 2015, Jelsoft Enterprises Ltd.
HFBoards.com is a property of CraveOnline Media, LLC, an Evolve Media, LLC company. 2015 All Rights Reserved.