Great explanation by Lebrun using the Luongo contract if traded and he retires early.

http://espn.go.com/blog/n...eals-and-more-cba-details
- Symba007

"In the original formula, if a player like Roberto Luongo was traded and retired before the end of his deal, the Canucks (the team who signed him to the contract) would assume his remaining $5.33-million cap early hit in retirement. The new rule in this tentative agreement is different. Now, for any contract in excess of six years, both teams involved in a trade on a contract like Luongo’s would be penalized if he retired before the end of his deal".


Oh FK.....

"In the original formula, if a player like Roberto Luongo was traded and retired before the end of his deal, the Canucks (the team who signed him to the contract) would assume his remaining $5.33-million cap early hit in retirement. The new rule in this tentative agreement is different. Now, for any contract in excess of six years, both teams involved in a trade on a contract like Luongo’s would be penalized if he retired before the end of his deal".


Oh FK.....
- Fruitcakenipple

Won't stop Burke, he is a genius at completing the most complex puzzles

(frank) me, I had no idea Luongo's contract was so massive.

Luongo, Raymond and 3 first round picks

for

Kadri

Done!

(frank) me, I had no idea Luongo's contract was so massive.

Luongo, Raymond and 3 first round picks

for

Komi

Done!
- niedermayer27

I'll have my people fax the paper work over
- Bieksa#3

A fax? why don't you send it over on a dinosaur?

Won't stop Burke, he is a genius at completing the most complex puzzles
- Symba007

Won't stop Burke, he is a genius at completing the most complex puzzles
- Symba007

Well, he completed one that Murray had a good start on, then he got a good start on one himself, but left it for Gillis, who is trying to complete it, now he's working on one from scratch, since most of the pieces were completely missing when he started, and he had to go search for some.

Luongo for Ovie

A fax? why don't you send it over on a dinosaur?
- david22

Our dinosaurs are broken, can we borrow one.

Luongo for Ovie
- VANTEL

Luongo for Lecavalier = Stanley Cup

who (frank)in' cares about Loluongo
- Rayven

Seriously, (frank) u all, keep Luongo and Boycott hockey this year.

A fax? why don't you send it over on a dinosaur?
- david22

Burke is old school.

A fax? why don't you send it over on a dinosaur?
- david22

Seriously, (frank) u all, keep Luongo and Boycott hockey this year.
- MindFr3eak

U gonna fk'n undo that thing or what???

(frank) me, I had no idea Luongo's contract was so massive.

Luongo, Raymond and 3 first round picks

for

Kadri

Done!
- niedermayer27

we dont need Raymond....pass please

we dont need Raymond....pass please
- systemtool

We didn't do too bad with the last player we acquired who was recovering from a serious back injury, maybe we're trying to corner the market on them.

We could even get Gary Roberts to train them all for us.

We didn't do too bad with the last player we acquired who was recovering from a serious back injury, maybe we're trying to corner the market on them.

We could even get Gary Roberts to train them all for us.
- The Shrike

Ballard and Raymond are a package deal . Can't have just one.

U gonna fk'n undo that thing or what???
- Fruitcakenipple

Yep, so cool they greedy (frank)ers did this,lets encourage another strike by supporting the NHL as soon as they ratify.

I love hockey as much as any one else but this (frank)ing poop needs to (frank)ing stop.

- Sammy Van Hagar

Wow, Luongo really let himself go during the lockout.

Wow, Luongo really let himself go during the lockout.
- Wodanaz

I don't know . He still has a healthy Florida tan.

I don't know . He still has a healthy Florida tan.
- VANTEL

"In the original formula, if a player like Roberto Luongo was traded and retired before the end of his deal, the Canucks (the team who signed him to the contract) would assume his remaining $5.33-million cap early hit in retirement. The new rule in this tentative agreement is different. Now, for any contract in excess of six years, both teams involved in a trade on a contract like Luongo’s would be penalized if he retired before the end of his deal".


Oh FK.....
- Fruitcakenipple

Would they split the cap penalty? It would be bizarre if both teams had to endure his full cap hit, not to mention that it makes buying him out this summer or next summer seem like the safest option long-term of Aquillini is willing to pay the big bucks for the better of the franchise.

What a (frank)ing mess.

- Wodanaz

His new twitter account will be changed from Strombone 1 to Stawbone Done .

He is off to margarittaville to enjoy life with Jimmy Buffet.

Would they split the cap penalty? It would be bizarre if both teams had to endure his full cap hit, not to mention that it makes buying him out this summer or next summer seem like the safest option long-term of Aquillini is willing to pay the big bucks for the better of the franchise.

What a (frank)ing mess.
- Nucker101

It's split between both teams but it has to hurt his trade value big time...

The canucks are not currently over the cap, and with the given Ballard buy out they will have about about 9 under the cap next yr. Got anymore stories
- Bieksa#3

true. $9m. Except, that's with 11 players to sign, including Edler, and a top 6 forward.

Unless you're plunking in some near league min players in those spots, it can't be done. And if you are, the team is taking a major hit.