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If Luongo Does Not Get Traded And Decides To Retire..is Hi Cap Hit Hit Off The Books.

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#31 gurn


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Posted 01 May 2012 - 01:13 PM

"If a player officially retires, he is no longer under contract. No contract = no cap hit.
Question - Why would Luongo retire?"

Not true-check out the 35+ rule.
Cap geek probably explains it best.

#32 kingfreako


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Posted 01 May 2012 - 01:17 PM

Why would he retire???????

stop sniffing glue
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#33 d.joh91


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Posted 01 May 2012 - 01:21 PM


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#19 Markus Näslund

Forever a Canuck

#34 Guest_BuckFoston_*

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Posted 01 May 2012 - 04:06 PM

Completely off-topic....I love your new sig! It is so very true.

You can always count on Duchovny to express any range of emotions you may have. He's gold.

#35 grumpworsley


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Posted 01 May 2012 - 04:40 PM

Maybe he will.... resign




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Posted 01 May 2012 - 05:08 PM

There is always a way... you don't always have to go through proper channels and lawyers. One could offer Lu 5 or 10 mil. to retire, then because you still own his rights you can trade him for a real bonified player. But on the condition that he rip up his existing contract sign a new deal with this other team. Or some version of a buy-out scenario.

Some might say why would he do this when he already has this very lucrative contract. well it ends up being about the same money in the long run given the fact that he is also signing a new contract for say maybe only 4 mil a year.

This type of scenario is a win-win situation for everyone involved.

Canucks get
- out of this contract with lu
- free up cap space
- potentially a bonified star in return because we aren't dumping salary anymore.
- a player that is easier to trade

Lu gets
- out of Vancouver
- out from under this terribly burdensome contract
- ends up on a team that isn't a media frenzy
- potentially closer to his family

New team gets
- a great goalie that needs a fresh start
- potentially are retooling and need to free up cap space and need to dump salary in the form of a real sniper/goal scorer

formerly......puck n icehole

#37 nucksnavsfan


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Posted 01 May 2012 - 05:20 PM

Why on earth would you even consider that a successful 33yr old goalie would think of retiring when all he ever talks about is being a competetor and wanting to win the Cup.
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I should change my name now that Sakic has retired but I'm too lazy ..... he was the only reason for the avs part .... goodbye and good luck Burnaby Joe !

#38 Danthecanucksfan


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Posted 01 May 2012 - 06:38 PM

hahahaah this is the biggest joke ever

#39 resdog


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Posted 01 May 2012 - 08:04 PM

"If a player officially retires, he is no longer under contract. No contract = no cap hit.
Question - Why would Luongo retire?"

Not true-check out the 35+ rule.
Cap geek probably explains it best.

That rule applies to players who are 35 (or over) when they sign the contract. It is not a clause that simply kicks in when a player turns 35.
Perception is 9/10ths of the flaw

#40 dura_mater


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Posted 02 May 2012 - 04:37 AM

This comment and the awesome pluses has put me on the plus side!!!

Dec 22nd 2011 I was a -593, now I'm a +1. :frantic:

Sweet! ::D

Sorry to burst your bubble but +1 is the new -593.

Apollo is not a real person but a post-bot built by the Aquilini's to create hype.

You mean the ntcs that all got waived or the ntcs that led us to back to back president trophies and a Stanley Cup?

#41 erkayloomeh


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Posted 02 May 2012 - 08:45 AM

He will only retire if the NHL decides to make the nets bigger.

Article from '07: http://www.theglobea...ticle784410.ece

i bet bettman makes the nets bigger for about 30 mil over the next ten years

#42 lateralus


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Posted 02 May 2012 - 09:10 AM

Sorry to burst your bubble but +1 is the new -593.

I just can't win around here :P
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