If Luongo was a free agent it would cost more then 5.3 a year. Look at Bryz. I think most teams would take Lu over Bryz
- fiveandagame

And look at how everyone and their mother is taking shots at the Flyers for making that deal for Bryz..... They over paid for him

No I dont, but he was the starter...Now he is not.... what is that called.....
- sbroads24

You obviously didn't watch the first to games. Luongo was great but the rest of the team had no pulse. Schneider came in to try and shake things up and the team played better the next game so they stayed with him.

I actually liked the Canucks and their fans until the whole Hodgson thing. That really rubbed me the wrong way. I like Luongo. In free agency he is possibly the hottest commodity, but he is signed til he is 40 and was jut benched in the playoffs. That comes into play in trade talks dont you think???
- sbroads24

How so? Most Canucks fans think Hodgson is an extremely good player, and were unhappy to lose him. Is that what rubs you the wrong way?

It just wasn't going to work out here due to his past issues and recent demands. Hopefully the trade works out for both sides. Many still wish the team had Hodgson instead of Kassian.

And look at how everyone and their mother is taking shots at the Flyers for making that deal for Bryz..... They over paid for him
- sbroads24

So what? Teams were willing to spend that kind of money on him, and he's unproven compared to Luongo. Teams are willing to spend for good goalies.

And look at how everyone and their mother is taking shots at the Flyers for making that deal for Bryz..... They over paid for him
- sbroads24

That won't stop the next GM from offering a stupid contract to try an fill a hole. If it did we would have never seen a bad contract after Dipetro

What does it matter if they're going to regret it? The fact is there were teams willing to blow that type of money on an unproven goalie like Bryzgalov. Teams are willing to spend on good goalies.
- hankthetank

Of course they are...I'm not denying that.

There will always be a complete dumbass GM that will be willing to sign a 30yr goalie to a 10+yr contract. But we've seen how that's worked out empirically.

My main point was not to expect to much return for Luongo. Not because he's not a good goalie...but because his contract is ugly. And unlike the Bryz scenario...a GM would actually be asked to give up existing assets for him.

So what? Teams were willing to spend that kind of money on him, and he's unproven compared to Luongo. Teams are willing to spend for good goalies.
- hankthetank

Based on that theory, Luongo would actually be a discount at 5.3.

Of course they are...I'm not denying that.

There will always be a complete dumbass GM that will be willing to sign a 30yr goalie to a 10+yr contract. But we've seen how that's worked out empirically.

My main point was not to expect to much return for Luongo. Not because he's not a good goalie...but because his contract is ugly. And unlike the Bryz scenario...a GM would actually be asked to give up existing assets for him.
- Pen15

So dumbass GMs sign bad contracts all the time but they never make a bad trade to acquire an asset they are targeting? OK got it.

What's sad is that he actually played pretty well in the playoffs this year...it's the team in front of him that sucked.

Listen, I think Luongo is a great goalie...I don't think anyone on these threads is dumb enough to refute that. It's the contract that makes him undesirable.
- Pen15

I would say the contract is not overly ideal, but I wouldn't say it's undesirable. If you peel back the onion ( and this has been explained ad naseum, but let's try one more time) the contract pays Lu something like $40 mill for the next 6 years at a 5.3 cap hit, which is actually quite reasonable for a top 10. (if not top 5) goalie. No reason to suggest he won't perform until 39 (when he would likely retire and the real dollars paid are like 1.5 million per) History proves that goalies can be very effective into their late 30s. Brodeur, Roloson, Belfour, Hasek....I can keep going but id say that's a pretty good sample size

Ok...let's say you have more insight than Darren Dregger...I'll play.

Even if he doesn't have the list...do you ever think CBJ will be on it?
- Pen15

It was refuted by Gillis, I think I'll take his word over Darren Dregger, but I think it would depend on what CBJ gets for Nash and if it'll help make them competitive enough to make a run. I don't think it'd be his first choice, no, but I don't think he'd say no just because it's Columbus. I think if I was Luongo and I actually made a list, in order of preference it'd go:

FLA (Yes, they have Markstrom but this is based on preference, not need)
TB (Close to where his wife's family lives as well and they do need a goalie)
NYI (DiPetro is getting his trillion dollar contract paid by insurance, they can afford him)
WAS (This would depend on how Holtby does against the Rangers, but Luongo is an upgrade)
TOR (Canadian market, needs a goalie, for at least the first couple of years would be a king)
SJ (Neimi isn't getting it done and SJ is looking to change their core but is still a contender)
ANA (This is unlikely seeing as they have Hiller, but with his vertigo they might be in the hunt for him)
DAL (Upgrade over Lehtonen, but unlikely)
CBJ (Need a goalie DESPERATELY, but as they're 5 years away from contending who knows)
EDM (Divisional foe and probably the last place in the NHL he'd EVER want to go to)

I point this out, I think if the deal made sense to the Canucks and he was guaranteed to be the starter for 3-4 more years on a decent team with a shot at making the playoffs, I think he'd waive his NTC.

So dumbass GMs sign bad contracts all the time but they never make a bad trade to acquire an asset they are targeting? OK got it.
- fiveandagame

Correct. One is much more frequent than the other.

The out is a removal of the NTC...not the contract....that doesn't mean anything when he's 38 and not performing.
- Pen15

I will try to explain this so Leaf fans can understand.

Maple Leaf revenue over the last the last 9 years 0.000000 dollars

If you had Lu on your team this year you would have made the playoffs and guaranteed min 2 maybe 3 playoff games.Gate receits of average 1.5 mil per game so lets say 4.5 mil revenue.

LUs salary per year 5.3 mil - gate receit of 4.5 mil leaving a total cost of 800 000 per year

Repeat formula for next 4 to 5 years or continue on not having good enough team to qualify.

Your choice.

I would say the contract is not overly ideal, but I wouldn't say it's undesirable. If you peel back the onion ( and this has been explained ad naseum, but let's try one more time) the contract pays Lu something like $40 mill for the next 6 years at a 5.3 cap hit, which is actually quite reasonable for a top 10. (if not top 5) goalie. No reason to suggest he won't perform until 39 (when he would likely retire and the real dollars paid are like 1.5 million per) History proves that goalies can be very effective into their late 30s. Brodeur, Roloson, Belfour, Hasek....I can keep going but id say that's a pretty good sample size
- TLinden16

Do you think any of those guys were worth $5.3MM @ that age?

"Still, there are those who insist that Vancouver can’t expect much in return. Two other factors need to be noted here: one, the Canucks have already received six seasons of value from Luongo, so they don’t necessarily need much in return; and two, there is no one else currently available on the market with Luongo’s pedigree. If at least two clubs (and possibly as many as nine, including the Edmonton Oilers and the Columbus Blue Jackets) are after his services, and there isn’t anyone else who matches up with him, what is created? That’s right: demand.

To get Luongo, one team will have to supply the assets Gillis wants; given that there’s more than one GM out there interested in making the playoffs (or simply keeping his job), one of them will."

So dumbass GMs sign bad contracts all the time but they never make a bad trade to acquire an asset they are targeting? OK got it.
- fiveandagame

So u admit only a dumbass gm would make the deal?

This i can agree with.


I gotta go before u respond though bud. Homer canuck ref might ban me for having a different opinion. They say ignorance is bliss...

Correct. One is much more frequent than the other.
- Pen15

Maybe a desperate GM will trade 2 firsts and a second for him

None... But after next season there are guys like Jimmy Howard, Nik backstrom, and Kari Lehtonen scheduled to be Free agents, Vokoun is there this year.... Every year 2 or 3 guys suprise teams and become number 1 goalies. Luongo is not the only thing that is going to get TB or TO, or CBJ to the playoffs, so why take on the contract + give up a ton???
- sbroads24

Why spend the money in FA when the market's inflated beyond reason? A quality (notice I'm not saying star or superstar) goalie in FA is going to cost teams at least 4-4.5mil per season, maybe more seeing as Bryzgalov's deal skewed the comparables. It's why Schneider will cost us 3-3.5 for 3-4 years as a RFA to keep in Vancouver, quality starters cost significantly against the cap because there aren't many out there.

I will try to explain this so Leaf fans can understand.

Maple Leaf revenue over the last the last 9 years 0.000000 dollars

If you had Lu on your team this year you would have made the playoffs and guaranteed min 2 maybe 3 playoff games.Gate receits of average 1.5 mil per game so lets say 4.5 mil revenue.

LUs salary per year 5.3 mil - gate receit of 4.5 mil leaving a total cost of 800 000 per year

Repeat formula for next 4 to 5 years or continue on not having good enough team to qualify.

Your choice.
- VANTEL

You shouldn't start your post that way followed by something this asinine.

The last thing MLSE needs to worry about is REVENUE...the leafs can probably buy half the NHL teams twice from merchandise and broadcasting contracts alone...but thanks for clarifying it for me.

The ONLY reason Luongo is a no go for blue and white is the fact that his contract will limit the moves the franchise can make going into the future.

Maybe a desperate GM will trade 2 firsts and a second for him
- fiveandagame

And get the #6 scorer in the league....where do I sign...

You shouldn't start your post that way followed by something this asinine.

The last thing MLSE needs to worry about is REVENUE...the leafs can probably buy half the NHL teams twice from merchandise and broadcasting contracts alone...but thanks for clarifying it for me.

The ONLY reason Luongo is a no go for blue and white is the fact that his contract will limit the moves the franchise can make going into the future.
- Pen15

So you are telling me Burke won't even enquire about Luongo?

"Still, there are those who insist that Vancouver can’t expect much in return. Two other factors need to be noted here: one, the Canucks have already received six seasons of value from Luongo, so they don’t necessarily need much in return; and two, there is no one else currently available on the market with Luongo’s pedigree. If at least two clubs (and possibly as many as nine, including the Edmonton Oilers and the Columbus Blue Jackets) are after his services, and there isn’t anyone else who matches up with him, what is created? That’s right: demand.

To get Luongo, one team will have to supply the assets Gillis wants; given that there’s more than one GM out there interested in making the playoffs (or simply keeping his job), one of them will."
- hankthetank

The oilers already have there own anchor contract in horcoff.
Plus, they're gonna have sizable raises for ebs, nuge, hall and most likely yaks all in the next few years.
And
Dubs still deserves a shot, which i think could work out.
Regardless, the oil take a failed experiment at that price over lu's contract.

The oilers wont be interested

And get the #6 scorer in the league....where do I sign...
- Pen15

Or the #6 goaltender in the league

The oilers already have there own anchor contract in horcoff.
Plus, they're gonna have sizable raises for ebs, nuge, hall and most likely yaks all in the next few years.
And
Dubs still deserves a shot, which i think could work out.
Regardless, the oil take a failed experiment at that price over lu's contract.

The oilers wont be interested
- hugefemale dog77

Tambi is on the hockeybuzz boards!

And get the #6 scorer in the league....where do I sign...
- Pen15

And be handcuffed forever because you need a #1 center and I'm sorry, Bozak and Grabvoski ain't it.