anyone think luongo gets bought out if this deal is accepted?

my tune might change if the leafs could get him as a FA on a contract with a reasonable term

then again.. thats a huge chunk of money for the nucks to pay out

i'm curious as to what would happen there.... if the nucks try to hang onto him because potential trading partners lowball deals because of the buyout option it would be interesting to see if if nucks management pushes gillis to "take what he can get" just to avoid the mess of deciding to buy him out or not.
- Dozzer

I doubt it.

Aquilini, Gillis and Canucks organization take a 7th rounder for Luongo before giving him the $40M+ remaining on his contract.

If Luongo did hit the open market, he wouldn't come cheap given that 4-8 teams could be bidding for him.

You don't know that though.....there was a buyout period after last lockout, and I don't believe teams were allowed to resign their bought out players.

As it stands now it's not allowed, and I'm not sure it would be allowed.
- burn

i really wouldnt see why either the PA or NHL would be against it tho

for the PA, it allows one of their members to take the buyout and resign at a more cap friendly price without having to uproot his family

for the NHL it allows teams to become cap compliant without costing them an asset, only money.

it will be interesting to see if this amnesty buyout is covered under the same buyout rules.

if so, there is going to be some tough decisions to be made by some NHL teams.

You don't know that though.....there was a buyout period after last lockout, and I don't believe teams were allowed to resign their bought out players.

As it stands now it's not allowed, and I'm not sure it would be allowed.
- burn

If Luongo is bought out, he now most likely won't be a Leaf since he'll have control now where he goes and he already said he doesn't want to come here.

That was previously true, but because of the "transition period" required and compliance, the new CBA would likely allow this to happen in order for teams to get onside wit their caps.

The bottom line is that teams shouldn't lose their players or player's lives shouldn't be completely over turned in order to meet the new CBA cap requirements.
- As_I_See_It

BOOM!!!

SUMMER 2005
How long does a Club have to exercise a compliance buyout?
There will be a six-day period commencing on July 23, 2005 and ending at 5:00 p.m. ET on July 29, 2005 during which Clubs may terminate and buy out player contracts.
Can such a player, who is bought out pursuant to this procedure, be re-signed by the Club that bought him out?
A player that has been bought out during the compliance buy-out period cannot rejoin his old Club during the 2005-06 season.
When does the period for free agency begin?
The free agency period will begin on August 1, 2005.

http://www.nhl.com/ice/page.htm?id=26366


History shows that it likely wont happen. Will they change it this time around?? Maybe, but doubt it.

I doubt it.

Aquilini, Gillis and Canucks organization take a 7th rounder for Luongo before giving him the $40M+ remaining on his contract.

If Luongo did hit the open market, he wouldn't come cheap given that 4-8 teams could be bidding for him.
- As_I_See_It

I cant see there being that many teams in the market, and out bidding each other, to take on that term/salary.

NO...$40 million still left on his salary after next season, not gonna happen!
- LeftCoaster

yeah i agree.. thats alot of dough

however it does create leverage for potential trading partners.. effectively lowering his value

needless to say, it will be interesting to see how some teams deal with becoming cap compliant

The Flyers in 2013/14 will be at 57.5 million with still 8 spots to fill.

They are (frank)ed.

Teams lose players all the time, and players lives are over turned all the time VIA trades.

Players, player jobs and players switching teams are impacted by the new CBA whether they allow a team to buy out and resign their own players.
- systemtool

Agreed. Posted 2005 rules on this subject. Cannot resign bought out player.

yeah i agree.. thats alot of dough

however it does create leverage for potential trading partners.. effectively lowering his value

needless to say, it will be interesting to see how some teams deal with becoming cap compliant
- Dozzer

What teams??

there always was only one and still is only one team that Luongo is being traded to

I doubt it.

Aquilini, Gillis and Canucks organization take a 7th rounder for Luongo before giving him the $40M+ remaining on his contract.

If Luongo did hit the open market, he wouldn't come cheap given that 4-8 teams could be bidding for him.
- As_I_See_It

4 to 8?

i think thats a bit over estimated.. out of curiousity.. who has the need and the resources to take on that contract? couple it with the fact that luongo would have to agree to wherever he was going.

i think it limits gillis more than he would like to admit.

BOOM!!!

SUMMER 2005
How long does a Club have to exercise a compliance buyout?
There will be a six-day period commencing on July 23, 2005 and ending at 5:00 p.m. ET on July 29, 2005 during which Clubs may terminate and buy out player contracts.
Can such a player, who is bought out pursuant to this procedure, be re-signed by the Club that bought him out?
A player that has been bought out during the compliance buy-out period cannot rejoin his old Club during the 2005-06 season.
When does the period for free agency begin?
The free agency period will begin on August 1, 2005.

http://www.nhl.com/ice/page.htm?id=26366


History shows that it likely wont happen. Will they change it this time around?? Maybe, but doubt it.
- burn

nice find.

thanks

I doubt it.

Aquilini, Gillis and Canucks organization take a 7th rounder for Luongo before giving him the $40M+ remaining on his contract.

If Luongo did hit the open market, he wouldn't come cheap given that 4-8 teams could be bidding for him.
- As_I_See_It

Who?? Who's looking for a goalie and has that kind of capspace?? Not many.

If Luongo is bought out, he now most likely won't be a Leaf since he'll have control now where he goes and he already said he doesn't want to come here.
- Tee-Dot

when did he actually say that?

i've heard hearsay but nothing tangible

The Flyers in 2013/14 will be at 57.5 million with still 8 spots to fill.

They are (frank)ed.
- faceto27

I would be happier if this was Boston's problem.

The Flyers in 2013/14 will be at 57.5 million with still 8 spots to fill.

They are (frank)ed.
- faceto27

Boston as well. VAn has 5mil to get 10 players. SJS has 5mil to get 7 players.

It's going to be tough for some to figure this out.

I would be happier if this was Boston's problem.
- Tee-Dot

Boston Bruins, $57 million in 2013-14 with no goalie signed and need to fill out 7 other spots.

The Flyers in 2013/14 will be at 57.5 million with still 8 spots to fill.

They are (frank)ed.
- faceto27

They dont have 8 spots to fill. They can go as little as 6, but 7 is the most they need. The max roster size is 23, 8 spots would put them at 24.

Then you factor in they have a free buy out option, with the cap possibly rising, and they shouldnt be as bad as youre making it seem. Bury one guy in the minors, or have Pronger retire and they're good to go.

I would be happier if this was Boston's problem.
- Tee-Dot

They are in the same boat.

Boston as well. VAn has 5mil to get 10 players. SJS has 5mil to get 7 players.

It's going to be tough for some to figure this out.
- burn

Burkie has the Leafs set up nicely going forward

Boston Bruins, $57 million in 2013-14 with no goalie signed and need to fill out 7 other spots.



- faceto27

Soooo... Rask back to Toronto?

Boston as well. VAn has 5mil to get 10 players. SJS has 5mil to get 7 players.

It's going to be tough for some to figure this out.
- burn

Its not going to be as bad as most think. We're not including buyouts, demotions and trades.

For example, when you look at Bostons figures it includes Savard. Its misleading. Most of these teams will be fine.

Burkie has the Leafs set up nicely going forward
- faceto27

Yup. Agree there.

Boston Bruins, $57 million in 2013-14 with no goalie signed and need to fill out 7 other spots.



- faceto27

safe to say savard's 4mill wont be counting against the cap tho

prolly have to let horton and ference walk and augment the roster with guys from their own system..

with the extra 4mill savard's contract buys them its possible.. not pretty.. but possible

BOOM!!!

SUMMER 2005
How long does a Club have to exercise a compliance buyout?
There will be a six-day period commencing on July 23, 2005 and ending at 5:00 p.m. ET on July 29, 2005 during which Clubs may terminate and buy out player contracts.
Can such a player, who is bought out pursuant to this procedure, be re-signed by the Club that bought him out?
A player that has been bought out during the compliance buy-out period cannot rejoin his old Club during the 2005-06 season.
When does the period for free agency begin?
The free agency period will begin on August 1, 2005.

http://www.nhl.com/ice/page.htm?id=26366


History shows that it likely wont happen. Will they change it this time around?? Maybe, but doubt it.
- burn

"BOOM" nothing. I read that too.

This CBA is completely different from any other, so "history" doesn't necessarily apply. Remember what the term "amnesty" means.

One thing that history has shown is that this lockout has been the most ridiculously (frank)in' embarrassing event in any major sport, EVER!

They dont have 8 spots to fill. They can go as little as 6, but 7 is the most they need. The max roster size is 23, 8 spots would put them at 24.

Then you factor in they have a free buy out option, with the cap possibly rising, and they shouldnt be as bad as youre making it seem. Bury one guy in the minors, or have Pronger retire and they're good to go.
- systemtool

The cap can't rise next year. They are setting it at 60mil for 2013-13 (Assuming they agree to it).

Pronger retiring doesn't help. He's a 35+ signee, meaning he counts regrardless. If he's active, but on IR they save though.