Yah, it doesn't affect the cap right now. Canucks have approx 900k in cap space. But when there is a Luongo trade I think we will take back more than $5.3 mill in cap hit. I am confident there will be more than 1 player coming back. That remains to be seen. It doesn't have to be a Luongo trade. This team needs to get tougher in the tip 6. MG may have another potential trade in the works to bring in some size and grit.
When Canucks do make a trade they can't put Manny on LTIR a few mins before making the trade call. The optics wouldn't be good and the league would take issue. Manny hasn't been playing great besides from the face offs. He's got 2 shots on net this season. The fact is he wasn't earning his $2.5 mill cheque any more.
You don't play him 100 games and then decide he's not fit to play. Any chance of legal issues is mitigated by the fact doctors have cleared Manny to play. Most ppl take everything a team GM says at face value. I don't. Anyone who believes a lawyer word for word is naive IMO. MG is a lawyer and a pretty darn good one.
I too am a fan of Manny's character and was a fan of his play before he got injured. When he got injured I was one of only a hand full of ppl on CDC who believed in him and maintained Manny would return for the 4th and final round of playoffs. Took a lot of heat from other CDC members at the time, but I believed in him and made a judgement call.
I don't think he's at all happy about this decision by the organisation. Manny spent a lot of time and energy getting ready for the season, he didn't come in thinking he would be given 10 games to make his case. I'm pretty sure he's angry and frustrated, hence the media blackout from him.
They also aren't helped by putting him on LTI now, and in fact it's been stated already that they haven't. If it comes to it later, they might use the LTI relief, but as such it has no cap implications currently. Even then, unless we take on a cap dump for only this year in a trade, I don't see it being an issue with a Luongo deal or otherwise since we can't hope to bring back someone like O'Reilly, Kessel or Ovechkin and expect to fit under the cap next year without severe cuts elsewhere.
Besides, if the league didn't take issue with the Islanders trading nothing for Thomas' cap hit (assuming he doesn't play, the conditional pick never becomes a condition), then how could they take issue with us putting Manny on either IR or LTI? If they had any concern, or even if the NHLPA did, they'd ask for an independent medical evaluation and that'd come back that he has vision issues in his eye. He might pass the tests, but it's subjective from there whether or not it's safe for the player and there's no way to prove he absolutely should be safe to play with that as a concern.
It's speculative at this point whether or not he's happy with the decision, or happy with the organization for protecting his health. We know the organization is classy enough to move a player who has earned the right to play, and if Manny said he disagreed and would fight to play the team would have likely agree to a trade or at least let him go to waivers to see if someone would pick him up.
This seems like maybe it was the plan all along. Kes comes back, Manny is placed on LTIR for the remainder of the season. Impending cap issues addressed to a degree when Manny retires and serves the team at a different capacity.
And that's not meant in a cynical way. I think it absolutely the right thing to do to do right by Manny. It actually works out beautifully.
And as many have said, I hope that if they are able to win the cup that they petition to have his name engraved in it, too.
As mentioned, he hasn't been put on LTI and doing so now would gain us nothing as we're already under the cap. We can't bank LTI relief.