The Magician Posted July 19, 2013 Share Posted July 19, 2013 I don't see how Luongo's contract is considered bad, other than the NTC limiting the teams he could go to. His cap hit is @ $5.33 million per year for the rest of his contract. Some comparable goalies skill/stat wise are: Henrik Lundqvist: $6.87 million/season Jonathon Quick: $5.88 millon/season Tuuka Rask: $7 million/season Mikka Kiprusoff: $5.88 million/season Pekka Rinne: $7 million/season Mike Smith: $5.66 million/season Ryan Miller: $6.25 million/season Jimmy Howard: $5.29 million/season Cam Ward: $6.33 million/season Carey Price: $6.5 million/season Some of these guys have never made it past the first round never mind to Game 7 of the SCF Final. Tuuka Rask has 1 good year, is still unproven, but gets a 7 mill per year contract. Every year Luongo puts up the same numbers or better than most of the guys and he is cheaper than all of them but 1. Why do people consider Luongo's contract "un-movable/terrible?" Link to comment Share on other sites More sharing options...
Apples Posted July 19, 2013 Share Posted July 19, 2013 Contract length. Link to comment Share on other sites More sharing options...
мeтpо Posted July 19, 2013 Share Posted July 19, 2013 I'll agree that his contract is looking better and better as more goalies are over payed but the term on it is pretty crazy. Link to comment Share on other sites More sharing options...
Lancaster Posted July 19, 2013 Share Posted July 19, 2013 If you remove the extra 4 years tagged onto Luongo contract, his cap hit would be $7.11 million per year. He receive this contract before he got the Olympic Gold and before the SCF. Link to comment Share on other sites More sharing options...
King Heffy Posted July 19, 2013 Share Posted July 19, 2013 Term and he's dreadful in the playoffs. Link to comment Share on other sites More sharing options...
The Magician Posted July 19, 2013 Author Share Posted July 19, 2013 Contract length. Link to comment Share on other sites More sharing options...
The Bookie Posted July 19, 2013 Share Posted July 19, 2013 I wouldn't call it bad, I'd call it risky. A lot rides on whether the cap rises to its projected limit towards the end. I mentioned this the other day but the new CBA happens to expire along with Luongo's contract. Link to comment Share on other sites More sharing options...
Apples Posted July 19, 2013 Share Posted July 19, 2013 Sure but Rinne is locked up for 7 more, Rask for 8 more, and Lundqvist for 6 which will make him 37 in his last year Link to comment Share on other sites More sharing options...
Miss Korea Bob.Loblaw Posted July 19, 2013 Share Posted July 19, 2013 When a guy admits his contract sucks, when a team openly shops him around and can't trade him, THAT'S when you know it's a bad contract. Link to comment Share on other sites More sharing options...
hudson bay rules Posted July 19, 2013 Share Posted July 19, 2013 His NTC is a joke as well. At some point he is allowed to name 5 teams he's willing to go to. Now, if he was a power forward all 5 teams might be interested but since he's a number one goalie a lot of teams he might be willing to go to would have no need for his services. Think LA, NYR, Montreal etc. Link to comment Share on other sites More sharing options...
Danthecanucksfan Posted July 19, 2013 Share Posted July 19, 2013 Length. Link to comment Share on other sites More sharing options...
Watermelon Posted July 19, 2013 Share Posted July 19, 2013 But the good thing is by the time his contract is a few years from ending the cap will be what, 90 million maybe more and LUongo will have only a 5.3 mill a season which will look like a absolute steal then Link to comment Share on other sites More sharing options...
King Heffy Posted July 19, 2013 Share Posted July 19, 2013 But the good thing is by the time his contract is a few years from ending the cap will be what, 90 million maybe more and LUongo will have only a 5.3 mill a season which will look like a absolute steal then Link to comment Share on other sites More sharing options...
Watermelon Posted July 19, 2013 Share Posted July 19, 2013 Not if he continues his decline at the current pace. Link to comment Share on other sites More sharing options...
uber_pwnzor Posted July 19, 2013 Share Posted July 19, 2013 What do you mean decline? Last season was one of the worst seasons he has ever had statistically and the year before that he had a 9.19 sv percentage which is his career average. Link to comment Share on other sites More sharing options...
Vapourstreak Posted July 19, 2013 Share Posted July 19, 2013 I didn't see him get nominated for the Vezina last year... Link to comment Share on other sites More sharing options...
Mookie Wilson Posted July 19, 2013 Share Posted July 19, 2013 The new CBA makes it bad: the 'cap recapture penalty', as I believe it's called, means his team will incur a huge cap penalty if Luongo retires before his contract is over, which is likely. Link to comment Share on other sites More sharing options...
slappipappi Posted July 19, 2013 Share Posted July 19, 2013 But the good thing is by the time his contract is a few years from ending the cap will be what, 90 million maybe more and LUongo will have only a 5.3 mill a season which will look like a absolute steal then Link to comment Share on other sites More sharing options...
Drouin Posted July 19, 2013 Share Posted July 19, 2013 Honestly, it isn't bad. Only reason people say that is cause we were unable to trade him. The bad part is the length though. 12 years. Link to comment Share on other sites More sharing options...
Drouin Posted July 19, 2013 Share Posted July 19, 2013 Not for a back up. Link to comment Share on other sites More sharing options...
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