So what exactly do you think a new team would need to pay?

He plays for, lets just say St. Louis. for the next three years at 5.3**. You have three very good years for 15.9 million... a good contract which includes playoff revenue which is, in St Louis, about 1.5 million in owner profit. That means a minimum of 2 home dates a year for 6 games at 1.5 which equals 9 million.


(** That is the cap hit, the actual payout per year is over 6)

You then buy out the remainder, which would be 20.3 million and do so at the rate of 50% which means you buy himout at just over 10 million. You have made million in playoff revenue and you are pretty much even.

Now this obviously takes a few things for granted.... would the team make the playoffs... all history and stats say yes.

And also rememeber, the Canucks motivation for trading his is not financial, but Lou needs to be #1 and he has been replaced by CS in that regard

Feel free to tear this apart but do so with facts.

By the way, St Louis was a poor example as they are really not in this. Philly on the other hand makes close to 3 million per playoff home game. At the minimum of 6 games over three years, they would make a profit on the buyout.

Why would anyone do this.... easy.... your team has instant credibly.
- Beatle_john

Here are some of your problems.

First, it is not a good contract. Please don't pretend that it is, that is just non-sense.

Second, you are putting it out there for another team to buy him out instead of Vancouver. Not happening, especially in St Louis.

Third, a buyout is 2/3 of the remaining salary, not 1/2, over twice the remaining length. So your calculation is also off. That is a lot more money to pay.

Teams can wait it out instead of trading for him and try and get him for a better, shorter, deal. (both actual salary & cap) They won't have to worry about buyout penalties down the road (compliance buyouts with no cap hit are this year and next year only), as well as not having to worry about recapture penalties if he retires early, as he will not have the terrible contract he currently does.

It doesn't make sense for anyone to take on that contract. So if it really isn't financial as you stated, then Vancouver's best option right now is to buy him out as they won't be getting a taker for that contract.

Why did Ek remove the Luongo E4 from the main page?

- FLflames34

Removed from the headline but he still says in the dialogue that he is sticking with the e4 on Lou to Philly...

Hey thanks for that #1 pick.
- whipper334

No problem. JBo was/is worth it.

You're right, nobody cares.
- Dieselhead

I dont even care Bryz is right. Philly is such a f-u-ck-i-n-g s-h-i-t team. Such poor management honestly. Sign richards and carter, then ship them. cut briere the only guy with integrity on philly. You guys have no respect for your players. Bryz is right.
- Burkefection

Holmgren/Snider are basically running a team like how a fan would, constantly making moves for the sake of making them and hoping something works out.
- Nucker101

That's how Calgary was until 4 months ago. I am thinking you can blame Snider more than Holmgren, just like King/Edwards are to blame.

I think Lu should get bought out and play in the KHL.

Removed from the headline but he still says in the dialogue that he is sticking with the e4 on Lou to Philly...
- Iggysbff

Yes, by "definition"

Line of the day: "Some GMs do lie, but Holmgren does not." Can Ek get anymore kissassy in Philly?

In what universe does Paul Holmgren not lie?

Not that anyone cares, but per Andy Strickland:

"Sources confirm the St. Louis Blues have agreed in principle on a one-year contract with center Patrik Berglund."

http://truehockey.com/art...gree-to-Deal-in-Principle
- carcus

Reported that it is a one year deal for $3.25M.

Still, nobody cares.

So I stick with my Luongo to Flyers as an (e4) by definition. E4 is a rumor that comes from 2 or more Imaginary people that are no way connected to anybody close to the NHL

Good work

Hey!

How you doin today princess?
- Iggysbff

Nice try troll

Here are some of your problems.

First, it is not a good contract. Please don't pretend that it is, that is just non-sense.

Second, you are putting it out there for another team to buy him out instead of Vancouver. Not happening, especially in St Louis.

Third, a buyout is 2/3 of the remaining salary, not 1/2, over twice the remaining length. So your calculation is also off. That is a lot more money to pay.

Teams can wait it out instead of trading for him and try and get him for a better, shorter, deal. (both actual salary & cap) They won't have to worry about buyout penalties down the road (compliance buyouts with no cap hit are this year and next year only), as well as not having to worry about recapture penalties if he retires early, as he will not have the terrible contract he currently does.

It doesn't make sense for anyone to take on that contract. So if it really isn't financial as you stated, then Vancouver's best option right now is to buy him out as they won't be getting a taker for that contract.
- carcus

That scenario is just out of the blue. I did think it was 50% and not 2/3s but when so the final 3 or 4 years are :

3.3
1.6
1
1

When I said it was "a good contract" I meant for a starting goalie per year.

St. Louis was also just a team, not ever would I suggest they would even be interested.


One last thing...... hats off to you for some actual real hockey talk. We may disagree but I appreciate the conversation.

Reported that it is a one year deal for $3.25M.

Still, nobody cares.


- carcus

Looks like they convinced him to take one for the team for one year. Then get his long term payday next year when there is more cap room. Good for them. Just hope he doesn't get a career ending injury or something stupid like that.

So I stick with my Luongo to Flyers as an (e4) by definition. E4 is a rumor that comes from 2 or more Imaginary people that are no way connected to anybody close to the NHL

Good work
- Vukota

There is no justifiable reason to remove it from the front page and still 'stick by it' unless there is a user error preventing its removal from the hyperlink as well.

I am demoting it to E0. On the simple pretense of them likely rolling with Mason, and well...the above.

No problem. JBo was/is worth it.
- carcus

hell yes he was. the guy was fantastic for you. he was the jaybo of old. brilliant player

In what universe does Paul Holmgren not lie?
- orangecrush8

Hey! How dare you! That's not ice he is walking across, it is water. And I understand he poops golden eggs too. (e4) more to come.

Looks like they convinced him to take one for the team for one year. Then get his long term payday next year when there is more cap room. Good for them. Just hope he doesn't get a career ending injury or something stupid like that.
- Iggysbff

Yeah I was thinking the same, the cap should go back up next year. Great deal for the Blues IMO, also gives him extra motivation to breakout next season.

There is no justifiable reason to remove it from the front page and still 'stick by it' unless there is a user error preventing its removal from the hyperlink as well.

I am demoting it to E0. On the simple pretense of them likely rolling with Mason, and well...the above.
- FLflames34

Wow, mark this date down... I am 100% agreeing with a Calgary fan. I need to sit.

This "story" lost all credibility by him doing that.

That scenario is just out of the blue. I did think it was 50% and not 2/3s but when so the final 3 or 4 years are :

3.3
1.6
1
1

When I said it was "a good contract" I meant for a starting goalie per year.

St. Louis was also just a team, not ever would I suggest they would even be interested.


One last thing...... hats off to you for some actual real hockey talk. We may disagree but I appreciate the conversation.
- Beatle_john

It is still pushing the buyout to another team, when there will be a cap hit that will be assessed as it will not be a compliance buyout.

Luongo's contract is not a problem when you talk about cap hit. The problem is how long it is, and for how old he is going to be.

There will be penalties for any team that holds his current contract at some point. Why take that on, when Vancouver will almost certainly have to buy him out if you don't take the contract from them? Why not get the player to a good deal/cap hit without the term?

It is Vancouver's problem, not some other NHL team/GM's.

I will be AMAZED if they are able to dump it on someone else. And by amazed, I mean completely shocked that a GM is THAT dumb.

Looks like they convinced him to take one for the team for one year. Then get his long term payday next year when there is more cap room. Good for them. Just hope he doesn't get a career ending injury or something stupid like that.
- Iggysbff

He knows that he has a good situation here in St Louis. He is likely banking on having a great year and getting paid big money. I hope it happens. That would mean the Blues likely had a very good year.

You are very petty. Anyone ever told you that. Seek help.

What should have Gillis come out and said?

Not every team can win every year.... but could the amount of Playoffs games the Canucks played .... just the home dates... those where its all profit... and the individual awards and team awards.... I think he did just fine. How did your team do over the same period?
- Beatle_john

I'm petty? Most canucks fans base success on being better than Toronto. Anyway, I'm not trying to start another Toronto/Vancouver pissing match. I just don't like Mike Gillis. Over the past decade the canucks have been far better team. As for what my team has done over the same period, I have no control over that. I have always been a leafs fan and I always will be. Sticking with your team through thick and thin is what being a fan is about. I assume the same goes for you with Vancouver

This is a bizarre discussion.

Luongo has lost some of his foot speed. He does not move as well from post to post as he did earlier in his career. Bryzgalov is a better goalie.

Yeah I was thinking the same, the cap should go back up next year. Great deal for the Blues IMO, also gives him extra motivation to breakout next season.
- Nucker101

Man, Lou and Bryz are gonna be filthy rich mother (frank)ers when the dust settles...

Man, Lou and Bryz are gonna be filthy rich mother (frank)ers when the dust settles...
- Flyfreaky

so is holmgren gonna get fired for gutting his core to sign bryz and then buying him out, or...?