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Luongo Update

via Sportsnet,
It looks like top money will not be enough to keep Florida's top Cat in his cage. A source close to Roberto Luongo's arbitration case told Sportsnet the star goaltender, just minutes before this mornings hearing, turned down a five-year, $25 million deal with the Florida Panthers. Luongo opted to proceed with the club elected arbitration, which is expected to award him far less for next season. Under the new CBA, in two years Luongo will have the mandatory seven years experience needed to qualify for unrestricted status. Speculation is Luongo is attempting to persuade the Panthers to trade him.

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

Email Paul anytime at pk@kuklaskorner.com