Nik? said:
But that's the contract Luongo has. I'm presenting it as a UFA contract rather than what's left on his existing deal to illustrate what you're actually acquiring with him. Trading for Luongo means taking on his 9 years/48 million dollars remaining in cap hit same as it would if you signed him to that deal. You said you probably wouldn't do that if there was no talent cost(as in, as a UFA). So by advocating trading for him, you're saying you wouldn't sign Luongo to a 9 year 48 million dollar deal and giving up nothing but you're comfortable trading away assets to land Roberto Luongo and having him on the books for 9 years and 48 million dollars? I hope you understand how I have a hard time reconciling that.
The problem is that comparing signing him to a UFA contract and trading for him is sort of an apples to oranges comparison. I mean, yes, gun to my head, sign Luongo to a 9 year, $48M contract with no asset cost or run with inferior goaltending, I sign Luongo. I'm not happy about it, but, I do it. Obviously, I try to negotiate down the length, even if it means more on the cap, but, given the choice between question marks in net or Luongo, odds are I do everything I can to suppress my gag reflex and I sign Luongo to a contract I'm less than happy with.
In a trade situation, I can't do anything about the contract. It's out there already. What I need to do, if I'm a GM, is find the right balance between the player's on ice value and the value of their contract, and, once I've determined where I believe that is, I have to figure out what sort of asset value I'm willing to part with to acquire that balanced value. For you, it's clearly nothing. For me, it's more than that, but not to the point where significant assets are involved.
Trading for him on that contract and signing him to it are not really the same thing, because, in a trade situation, there's a 3rd party that's directly involved in the process that, ultimately, has the final say as to whether or not I even have the opportunity to add Luongo. Presenting the situation as a UFA contract eliminates a major component that absolutely has to be considered.