This
- AlexF

But is that what those charged with running the organization think?

I said it had to be by mutual consent.
- AlexF

Still won't be approved by NHLPA.

What would happen if Luongo retired after the Olympics and came back next year . Would Vancouver have penalties and would they have the option to give up his rights when he returns?

What would happen if Luongo retired after the Olympics and came back next year . Would Vancouver have penalties and would they have the option to give up his rights when he returns?
- VANTEL

Wow, I take it you watched the Luongo interview as well

What would happen if Luongo retired after the Olympics and came back next year . Would Vancouver have penalties and would they have the option to give up his rights when he returns?
- VANTEL

Yes, if Luongo retires then they have to pay back the cap savings (a little over $1m for the following 8 years) from the first few years. I think if he "un-retires" he still has a contract to honour, but I could be mistaken.

What would happen if Luongo retired after the Olympics and came back next year . Would Vancouver have penalties and would they have the option to give up his rights when he returns?
- VANTEL

I doubt it since the contract won't come off the books.

I doubt it since the contract won't come off the books.
- Yeti1181

If he wanted to be a Dyck he could use that as leverage to be bought out.

If he wanted to be a Dyck he could use that as leverage to be bought out.
- VANTEL

Except that if he retires he's not going to get another contract, so he'd be being a dyck to himself as well.

Yes, if Luongo retires then they have to pay back the cap savings (a little over $1m for the following 8 years) from the first few years. I think if he "un-retires" he still has a contract to honour, but I could be mistaken.
- 1970vintage

So if Kovy decided to return and the Devils were at Cap Max they would have to take him back? That doesn't seem fair.

So if Kovy decided to return and the Devils were at Cap Max they would have to take him back? That doesn't seem fair.
- VANTEL

Are you suggesting that it is "more fair" that he is allowed to come back as an UFA?

Still won't be approved by NHLPA.
- VANTEL

Agreed.

He is going to Team Canada gathering next week. It avoids all the media circus he would face there if he didn't speak prior.
- VANTEL

Agreed.

Are you suggesting that it is "more fair" that he is allowed to come back as an UFA?
- 1970vintage

It would be exciting. This way we could have the draft, TDL , Free agency before the start of the season and Retirement UFA day Jan 1 .

I doubt it since the contract won't come off the books.
- Yeti1181

For luongo to "retire" under the current circumstance he would need to sign papers. Meaning his contract would be terminated, Vancouver would have like a 900k cap hit for like a century and he could never play in the NHL again.
If luongo really wanted to terminate his contract with no cap hit, he could simply refuse to play. So he's full on shyt.

For luongo to "retire" under the current circumstance he would need to sign papers. Meaning his contract would be terminated, Vancouver would have like a 900k cap hit for like a century and he could never play in the NHL again.
If luongo really wanted to terminate his contract with no cap hit, he could simply refuse to play. So he's full on shyt.
- Bieksa#3

would he be able to sign a new contract after the Canucks void his contract ? I seem to remember Boston sold the rights to TT

My favorite part of this is how Dreger said at the draft Lu found out from the draft he was dealt and the aqunini went to his house after to smooth it over. Funny how luongo has a different story. Tells all young need to know about how gutless and pathetic dreger is. Should be working with NBC or CBC as disgraceful as he has become

would he be able to sign a new contract after the Canucks void his contract ? I seem to remember Boston sold the rights to TT
- VANTEL

No idea. However Thomas situation is different

For luongo to "retire" under the current circumstance he would need to sign papers. Meaning his contract would be terminated, Vancouver would have like a 900k cap hit for like a century and he could never play in the NHL again.
If luongo really wanted to terminate his contract with no cap hit, he could simply refuse to play. So he's full on shyt.
- Bieksa#3

To the KHL it is. I actually can't imagine how much he would get over there. First Canadian superstar to defect

No idea. However Thomas situation is different
- Bieksa#3

All this thinking hurts my brain.

My favorite part of this is how Dreger said at the draft Lu found out from the draft he was dealt and the aqunini went to his house after to smooth it over. Funny how luongo has a different story. Tells all young need to know about how gutless and pathetic dreger is. Should be working with NBC or CBC as disgraceful as he has become
- Bieksa#3

He was pretty close.luo almost did find out from the draft with in seconds. Good thing the owner didn't get stuck in traffic.

To the KHL it is. I actually can't imagine how much he would get over there. First Canadian superstar to defect
- Yeti1181

Did an Oiler fan just call Luongo a superstar

To the KHL it is. I actually can't imagine how much he would get over there. First Canadian superstar to defect
- Yeti1181

Agreed. But again, he is full of it.

He was pretty close.luo almost did find out from the draft with in seconds. Good thing the owner didn't get stuck in traffic.
- Yeti1181

It may have been close, but the fact it it is one or the other. Dreger has become Healy like

All this thinking hurts my brain.
- VANTEL

Thomas contract was 35+. Meaning his cap hit couldn't be terminated no matter what

Did an Oiler fan just call Luongo a superstar
- VANTEL

He's no oilers fan. To smart. I wonder who Morris cheers for actually.