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ZCAPTAIN2013

Using the new CBA to trade Lou

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My understanding is that the new CBA allows a team to trade a player and retain salary and cap, if they so choose. It is also my understand that if a player on an extended contract retires after 35, half his remaining salary is charged to the team that signed him to that contract.

If that is the case, then trading Luongo, should not be that hard. His contract is this...........

2013-2014.....6,714,000.......................cap hit of 5,333,333 each year

2014-2015.....6,714,000

2015-2016.....6,714,000

2015-2017.....6,714,000

2017-2018.....6,714,000

2018-2019.....3,382,000

2019-2020.....1,618,000

2020-2021.....1,000,000

2021-2022.....1,000,000

Now, if we traded him and kept 1,000,000 each year for 9 years, his salary to the other team would be something like this....................

2013-2014.....5,714,000..........34 years old

2014-2015.....5,714,000..........35 years old

2015-2016.....5,714,000..........36 years old

2016-2017.....5,714,000..........37 years old

2017-2018.....5,714,000..........38 years old

2018-2019.....2,382,000

2019-2020........618,000

2020-2021......... NIL

2021-2022......... NIL

The cap hit could work the same, aka...keep 1,000,000 per year, if the other team, wanted it.....NYI and Florida might want all the cap hit, who knows?

I don't think that is as bad as people say, am I wrong? What do you think?

Not to mention the top 10-12 goaltenders are all around there and higher, and every ones will be going up, as their contracts come do, Lou's will not! Thoughts?

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Been our argument the entire time. It's the "experts" that keep using the word anchor. Smart people make it happen, foolish people...well they end up sports reporters

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thats still $9 million that the owners have to eat.. not sure they'd like the taste of that.

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You don't keep a set dollar amount, you keep a percentage. And if you do, you keep both cap and salary at the same percentage.

So, in your scenario you could keep 10% (just a nice easy number) of salary and cap. That'd stay the same each and every year remaining in the contract so it'd never get to a point where it'd be nothing in salary.

Also, the 'Luongo rule' about players on extended, back diving contracts retiring before their contract ends has nothing to do with an age (35 or otherwise). All that is is any cap advantage gained where the total cap so far is less than the total salary so far and that has to be repaid as a penalty based on the difference. We'd have that penalty for the time he was with us, and any team trading for him would have it for the time he played with them.

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You don't keep a set dollar amount, you keep a percentage. And if you do, you keep both cap and salary at the same percentage.

So, in your scenario you could keep 10% (just a nice easy number) of salary and cap. That'd stay the same each and every year remaining in the contract so it'd never get to a point where it'd be nothing in salary.

Also, the 'Luongo rule' about players on extended, back diving contracts retiring before their contract ends has nothing to do with an age (35 or otherwise). All that is is any cap advantage gained where the total cap so far is less than the total salary so far and that has to be repaid as a penalty based on the difference. We'd have that penalty for the time he was with us, and any team trading for him would have it for the time he played with them.

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thats still $9 million that the owners have to eat.. not sure they'd like the taste of that.

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Trading Lou to the Continental Basketball Association.

That's so devious it just might work.

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Actually, it is around 16% of salary and would be 16% of cap hit, while he played and 50% of both after he retired, but I was trying to make it simple (bad me) But the other part of this I didn't mention is that as the years pass, inflation and a raise in cap, actually lowers those numbers. IF he lasted 5 years, Goalie salaries would be up 30% (Maybe), inflation would eat away at the dollar by say15%, and the cap would move 25% (Maybe)......all this while Lou's salary and cap hit stays the same........and That is why Gillman and his accountant are there, cause they would be able to sell much better than I..............Just to keep this friendly, I realize those numbers are out of my butt, but they do illustrate the point......it really is a pretty good contract, there are teams out there that would want an above average goalie at that cost, and with that cap hit!....If we didn't have Schneider, we would want it!

And if we can't trade Luongo, you and I can drive Schneider to the airport.......you don't give up that kind of asset Luongo) for nothing....you just don't...............and that might have alot to do with this new young Swedish goalie (Erikson) we just signed????????

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