for negotiations purposes, yes, but in reality, it's really not. 6 yrs at $5.33 cap hit. No way he plays once his money drops to $3.3M, then below $2M.

it's a 6 yr contract. Hell if he doesn't retire the buyour is like $400K a year...
- Big_Lightnin

Exactly or waive him after 6 and he would retire so he can't go to minors. Or trade him to a team hoping to get to the cap floor. 5.33 cap hit and a what 1.5 annual payout?

For schneider the canucks could get any of the young talent in Edmonton and probably more. Elite young goalies are the biggest commodity especially when signed to a low cap hit. I still can't believe schneider signed for so little.
- Bluechip23

Its a fair contract, nice but not huge discount nice.

He would still have to agree to it...he has an NHL contract.
- Iggysbff

if they say Sweden or the Moose, where do you think he goes

I know it won't happen, but funny as hell if it did.

let em ask you something, did you think the asking price of howson for Nash was ridiculous? If so, guess what, Luongo is the same situation, only with a worse contract.
- Isles_since_6

No. A GM must get the best deal possible. You ask for the moon and negotiate from there. What did you expect Howson to do? Start the bidding at a 2nd round pick?

Leafs would of course do it...but doubt Vancouver would. Connolly is pure garbage.
- Juice

Connolly was a ppg player in Buffalo.........he has 1 year left, perhaps he helps van on the 3rd line where they need help this year. perhaps he is injured for most of the year........either way his deal expires this year.......you are essentialy trading 10 bad contract years for 1, and you get a decent prospect in Percy (25th overall 1st rounder).......with the depth that Toronto has with young puck movers, they could afford to let Percy go......if you need to throw in a 3rd-4th rounder fine......but it seems like a fair deal to me

This is more fun than the Anson Carter sweepstakes.


I predict several bans today.
- Marwood

Is Burn still banned from sunday

Exactly or waive him after 6 and he would retire so he can't go to minors. Or trade him to a team hoping to get to the cap floor. 5.33 cap hit and a what 1.5 annual payout?
- Bieksa#3

last 4 yrs are $3.3M, $1.6M, $1M, $1M.

How the (frank) did they get away with that anyway. Circumvented that cap right up the ass with that one.

This is more fun than the Anson Carter sweepstakes.


I predict several bans today.
- Marwood

pretty civil so far...

No. A GM must get the best deal possible. You ask for the moon and negotiate from there. What did you expect Howson to do? Start the bidding at a 2nd round pick?
- bloatedmosquito

of course not, but any blue jacket fans thinking they're going to get the return he was asking for would have been told they were delusional...kinda like...this situation, dontcha think?

for negotiations purposes, yes, but in reality, it's really not. 6 yrs at $5.33 cap hit. No way he plays once his money drops to $3.3M, then below $2M.

it's a 6 yr contract. Hell if he doesn't retire the buyour is like $400K a year...
- Big_Lightnin

If bought out in 2018 (6 years from now), this is the cap hit:

Roberto Luongo buyout from CapGeek.com

2018-19: $2,534,667
2019-20: $4,298,667
2020-21: $4,916,667
2021-22: $4,916,667
2022-23: $583,333
2023-24: $583,333
2024-25: $583,333
2025-26: $583,333

If bought out in 2019 when he is making less tha 2M per:

Roberto Luongo buyout from CapGeek.com

2019-20: $4,117,333
2020-21: $4,735,333
2021-22: $4,735,333
2022-23: $402,000
2023-24: $402,000
2024-25: $402,000

better off waiving him at that point. less than $2M cash payout and zero cap hit.

Its a fair contract, nice but not huge discount nice.
- Bieksa#3

Tukka raskk signed a 1 year deal for 3.5. If he has a good year this year and I predict that he will be a top 10 goalie as an UFA next year he will get a massive contract bigger than Schneider's. Schneider I think definitely took a home town discount to stay with Van. If he was greedy he would have just went to arbitration took a 1 year deal and then just signed a massive 6mil a year contract in 2013.

last 4 yrs are $3.3M, $1.6M, $1M, $1M.

How the (frank) did they get away with that anyway. Circumvented that cap right up the ass with that one.
- Big_Lightnin

So to summerize the deal we are sending to Gillis and Burke is:
To leafs : Luongo and Raymond
To canucks: Bozak, Ashton and Percy

So to summerize the deal we are sending to Gillis and Burke is:
To leafs : Luongo and Raymond
To canucks: Bozak, Ashton and Percy
- Bieksa#3

I think both teams would have to consider this, Toronto gets a good goalie, something they need and a replacement for Bozak in Raymond, Vancouver gets almost 6M in cap space (which has value in this league), a possible upgrade to Raymond, and 2 solid former late 1st round picks in Ashton and Percy.

If bought out in 2018 (6 years from now), this is the cap hit:

Roberto Luongo buyout from CapGeek.com

2018-19: $2,534,667
2019-20: $4,298,667
2020-21: $4,916,667
2021-22: $4,916,667
2022-23: $583,333
2023-24: $583,333
2024-25: $583,333
2025-26: $583,333

If bought out in 2019 when he is making less tha 2M per:

Roberto Luongo buyout from CapGeek.com

2019-20: $4,117,333
2020-21: $4,735,333
2021-22: $4,735,333
2022-23: $402,000
2023-24: $402,000
2024-25: $402,000

better off waiving him at that point. less than $2M cash payout and zero cap hit.
- Steven_Dean

that doens't make any sense. Wouldn't fluctuate that much. Their calculator is (frank)ed.

Sure as hell wouldn't go up the 2nd year...

For schneider the canucks could get any of the young talent in Edmonton and probably more. Elite young goalies are the biggest commodity especially when signed to a low cap hit. I still can't believe schneider signed for so little.
- Bluechip23

Perhaps and perhaps not. He is signed for a good contract but has little NHL Experience. The risk if he is not sheltered and plays 50+ Games, will he be as successful and consistent? You don't actually know. I think Schneider is capable of anything at this point, but remember what Montreal got for Halak? He could get a deal like that, or he could a Varly deal (A Bunch of good draft picks) who knows. I doubt Edmonton will give away their young talent for Schneider. Regardless of circumstance. It's not good business, and They are comfortable taking their time, so they won't go out and replace Dubnyk or Khabi anytime soon. They'll see what develops and make informed decisions.

So to summerize the deal we are sending to Gillis and Burke is:
To leafs : Luongo and Raymond
To canucks: Bozak, Ashton and Percy
- Bieksa#3

Nope my offer was Connolly, Bozak, D'Amigo and a 2nd and I don't want Raymond. Percy could be instead of D'amigo and the 2nd

I think both teams would have to consider this, Toronto gets a good goalie, something they need and a replacement for Bozak in Raymond, Vancouver gets almost 6M in cap space (which has value in this league), a possible upgrade to Raymond, and 2 solid former late 1st round picks in Ashton and Percy.
- Steven_Dean

Exactly. I'll have my people FAX the paper work over

Nope my offer was Connolly, Bozak, D'Amigo and a 2nd and I don't want Raymond. Percy could be instead of D'amigo and the 2nd
- Big_Lightnin

No deal. Switch D'amigo for Percy.

The problem with Gillis is the 1st round pick.


He's trying to dump his now backup goalie with a 10 (more like 6) year contract for a player and a first round pick


Why would Toronto,Columbus or Florida...All teams that are rebuilding give up their most important asset for a 33 year old stop-gap goaltender.


I'm okay with acquiring Luongo, we know he is the best option at improving the position, but as Burke says "at a reasonable price." Theres no way in hell a 1st round pick is involved in any deal for Luongo

No deal. Switch D'amigo for Percy.
- Bieksa#3

To VAN: Connolly, Bozak, Percy + 2nd

To TO: Luongo + 2nd


gotta keep a pick in every round cause we're still "building"

Why do we want Komi at any price? I say leave Lu on the roster until a team realizes they are missing the playoffs and then we don't need any bad contracts.

Dealing with the Leafs never works out so why start a war Ian?
- VANTEL

Your forgetting about the bad one your trying to get rid of with a limited trading field.

It's an interesting concept, the buyout would make what 3? if the cap goes down that could put us in a bit of trouble quickly, as wolftos said 3 buyouts would be 3.2 a year for 2 years than 1.4 for 2 more which wouldn't be bad, just all 3 for 2 years

that doens't make any sense. Wouldn't fluctuate that much. Their calculator is (frank)ed.

Sure as hell wouldn't go up the 2nd year...
- Big_Lightnin

trust me it works that way. It goes up because Luongo gets paid more cash in that one year than in the next...

Here is the calculation for the buyout cap hit each year:

buyout cap hit = cap hit - savings

savings = salary - buyout

buyout = 2/3 * Sum(salary)

or:

buyout cap hit = cap hit - (salary - (2/3 * Sum(salary))

I know it is complicated but that is how it works, heck go back one more year and Luongo's buyout will have a credit for year 1 (extra cap space or negative cap hit)

Send us two 1sts and a second and we will take Komi.
- VANTEL

send us 3 1sts and 2 seconds and we will take ballard

trust me it works that way. It goes up because Luongo gets paid more cash in that one year than in the next...

Here is the calculation for the buyout cap hit each year:

buyout cap hit = cap hit - savings

savings = salary - buyout

buyout = 2/3 * Sum(salary)

or:

buyout cap hit = cap hit - (salary - (2/3 * Sum(salary))

I know it is complicated but that is how it works, heck go back one more year and Luongo's buyout will have a credit for year 1 (extra cap space or negative cap hit)
- Steven_Dean

ya initially I was just thinking about he actually buyout amount which is either $560K or $400K depending on year. That Cap formula is (frank)ing retarded, but I guess that's the penalty on these deals.

I believe there is another window for buyouts coming before the season starts.
- IanEsplen

Do you mean another window as in because they are renegotiating the new cba deal? Or am I wrong and how does that work?