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Guest Dasein

Two Amnesty Buyouts Over The Next Two Summers

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Each team gets two amnesty buyouts over the next two summers. This obviously brings our attention to Luongo and his mammoth deal. I think there are two possible outcomes from this new CBA agreement: both involve Luongo being bought out by the Canucks.

1. Canucks buy Luongo out and re-sign him to a reasonable deal in a sign-and-trade deal with a trade partner in the summer. Why? Because we have Cory Schneider. And because the Canucks are rich enough to take the hit of a buyout while our trade partner may not have the revenue to take that hit. Because this will increase Luongo's trade value if we buy him out - saving the other team a buy out.

2. Canucks buy Luongo out and re-sign him to a reasonable deal in the summer, but keep him and trade Schneider at the trade deadline instead. Why?

For the first time since Luongo's first couple seasons, there is a question mark next to the starting role for his team instead of his name. Still, that is not a fault of Luongo, but rather the meteoric rise of Schneider. We still have two great goaltenders - one younger and one older. Two starters that can lead us to the Stanley Cup - goaltending is not our problem. It never has been since Luongo came to Vancouver, and it never will be so long as we have one of the two.

Then, if we want supreme goaltending for a longer period of time, it's Schneider. But, if we want to win now, it's Luongo. This is not because Luongo is the better goaltender - I won't make that judgment until they battle it out for the starting role this season. But rather it is because Schneider has a much higher trade value due to his age. We can grab some seriously needed missing pieces to fortify our team in front of Roberto. Learn from our mistakes from 2011 and 2012. The point is, goaltending will be solid with either one so long as the team in front is not depleted like it was in 2011 or lacking pieces like in 2012.

Both times, we were short a top 6 forward, and a top 4 defenseman (at the least - would prefer a bonafide #1 defenseman, but those are hard to come by). With Schneider, we could get both - with Luongo, we'd probably get less.

So do we buy out and re-sign to trade Luongo, or to keep him?

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There's a 102-post thread on this topic already ...

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I don't think you can buyout a player and still sign them. If you could it would be a bit of a cap loophole, we would see teams signing high contracts for 8 years buying out the player then resigning them for peanuts and another long contracts. Just picture Crosby and malkin on the cap for a 8 year deal for 900k per year, think of the team they could build.

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IF it was allowed, which it's most likely not but, why would Luongo do a sign and trade deal with the Canucks after being bought out? IF bought out Luongo would be UFA and sign with team of his choice. FLD?

In any event, Luongo will not be bought out. He's a premiere goalie in the NHL and his buy out would cost Aquilini $31 million. No way he signs off on that. It would be stupid. He would be traded instead, to a team that could afford him.

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Luongo would not sign with us if he was bought out just to be traded. He can just walk and go find the best deal himself.

Schneider will bring back more in return, and improve the team, because Luongo is still a great goaltender.

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