A look at how the NHL’s latest proposal could affect the Canucks efforts to move Roberto Luongo after the lockout, plus speculation the Canucks already have a deal in place to move Luongo.

 

Could NHL’s new CBA proposal hamper Canucks efforts to trade Luongo?

VANCOUVER PROVINCE: Jason Botchford examined how a stipulation in the latest NHL CBA proposal regarding existing contracts over five years in length could affect the Canucks efforts to move Roberto Luongo following the lockout:

” Essentially, in deals longer than five years, the average cap hit will continue to count after the player retires for the length of the contract. By the way, Luongo is 33, and has 10 years left on his deal.

The proposal even has this kicker: If the player is traded, his cap hit when he retires will revert back to the original team that signed him to the back-diving contract. (Enjoy the new acronym BDC).
So, the Canucks deal Luongo, he hangs them up to go play professional poker, and it’s Vancouver which is on the hook for his $5.3 million cap hit until 2022.”
Botchford suggests this could provide the Canucks arch-rivals with more incentive to acquire Luongo, as “they’d get the goalie and get to watch the Canucks get screwed when the goalie retires”. He doubts this would change the Canucks plans to deal Luongo, or have any impact upon the dynamics of a trade. As Luongo could play another six or seven years, this moves this debate to the next CBA, as most players under contracts like Luongo’s won’t retire until then.
VANCOUVER SUN’s Brad Ziemer reported the following on Twitter: “Interesting to hear @JSportsnet say he believes #Canucks and #Leafs have Luongo trade all but done and are just waiting for CBA resolution.”
SPECTOR’S NOTE: Time will tell if John Shannon (@JSportsnet) is right. So far, that’s just speculation on his part, nor did he mention which players would head to Vancouver. As for the impact upon contracts like Luongo’s if his new CBA proposal were to  be implemented, I concur with Botchford’s take. I doubt it’ll have any impact upon the club’s efforts to move him. Still, if Luongo were to retire over the next six years, it would certainly put the screws to the Canucks payroll.
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6 Responses to Latest on Luongo – October 18, 2012.

  1. hillybilly says:

    Interesting, I guess we’ll wait and see if this is the foundation of a new deal or just another proposal with more to follow.

  2. Galactus says:

    If the entire contract will count against the cap, why limit the term? Wanna sign someone for the next 20 years? Go for it!

  3. Scott says:

    Rumors just people that have spare time who is John Shonnonn. Why isn’t this rumor posted or spoken about on TSN.

  4. Really?? says:

    I am surprised that this clause would be in the owners proposal. Guess the “little guys” in ownership are getting some say and are holding those owners that have signed those mega crazy deals accountable for ridiculous deals. They won’t be able to offload their mistakes. Good on them.

  5. Captain Ahab says:

    The NHLPA need to make this stipulation “go away” in their counter proposal. Any contracts in place should be honoured as they were sent to the league office rather than be open to reinterpretation.
    As for players coming to Vancouver if Luongo goes to Toronto one could well be Cadre as he seems to have fallen out of favour in Burkeland. I see a place for him in the best city in Canada and the less he sees of Hogtown the better for him.

  6. Lyle says:

    John Shannon is actually quite a well respected hockey guy with a lot of connections. He was a producer of HNIC for years before becoming a reporter.

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