Kukla's Korner Hockey
by Paul on 04/19/12 at 03:00 PM ET
from David Shoalts of the Globe and Mail,
... The only question now is can the Canucks trade Luongo, 33, and the 10 seasons left on his contract, with a salary-cap hit of $5.33-million (all currency U.S.) per year? The answer, surprisingly, is that it may not be impossible even though a new collective agreement is expected next season with the state of the salary cap and long-term contracts unknown.
A saving grace for Luongo’s contract is that, as pointed out in the Vancouver Province, there is an out clause eight years into the deal for his employer. Luongo will be in the third year of the deal this fall, so any team trading for him is taking on a six-year contract with a cap hit of $5.33-million instead of the monster deal in the books.
That is a much more manageable situation. Now the question is which team is desperate enough for goaltending to try it?
In Vancouver, the favourite is considered to be the Tampa Bay Lightning. Bolts general manager Steve Yzerman stuck with ancient Dwayne Roloson this season after getting unexpected dividends a year ago and took a kick in the slats for his trouble.
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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.
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