Luongo

[Zee]

Yeah I think that's the move here, fire Gillis, get someone else in to clean up the mess.

It's not like Gillis is setting a high bar to reach here .. blowing crazy money on all kinds of long-term bad contracts with no way out of them..... Any dope can do that.

I mean, my wife can spend insane amounts of money on all kinds of useless junk is my wife a better GM candidate than Gillis ?? .....  ;D    8)

Brian Burke back to Vancouver???  8)

 

[Corn Flake]

Yeah I think that's the move here, fire Gillis, get someone else in to clean up the mess.

It's not like Gillis is setting a high bar to reach here .. blowing crazy money on all kinds of long-term bad contracts with no way out of them..... Any dope can do that.

I mean, my wife can spend insane amounts of money on all kinds of useless junk is my wife a better GM candidate than Gillis ?? .....  ;D    8)

Brian Burke back to Vancouver???  8)

Haha yeah.... well, Burkie signed some bad deals here but they pale in comparison. 

Canucks fans would go insane if Burke came back. I don't understand why they hate him so much.  He only brought in the core of their team and everything.

 

[cw]

I still don't understand completely why his contract was accepted by the NHL where others were not.

The NHL should just decide it's not valid, make the Canucks pay a penalty and then Luongo is freed!

The time to decide if the contract is valid is when the contract is submitted for league approval after the parties have signed it. The league has already decided that it was a valid contract.

If I owned the team, I'd instruct Gillis to trade Schneider this summer. 

Buyout Ballard and Booth, get a couple of nice assets back for Schneider, and have the cap space to ice a decent team over the next few years.

With the short window left on the Sedins, he should have done that this year in my opinion. He could have got a bunch of economic quality help in exchange for Schneider to try to push them over the top. Schneider is a UFA after two more seasons in 2015.

Imagine the help Schneider might have got for him from the Leafs - probably Kadri & Scrivens for starters and then something on top of that. With that alone, their PP wouldn't be in 29th. No need to trade for Roy - and they could have got more help with the other Leafs asset(s).

 

[bustaheims]

I still don't understand completely why his contract was accepted by the NHL where others were not.

To be fair, the only contract that the league has actually rejected for cap circumvention was Kovalchuk's initial contract with the Devils - and that was largely because they tacked on 5 or 6 seasons at the league minimum to the end of it. Any other contract that has been rejected has been because it violated things like that 50/100 rule or included bonuses for players that didn't qualify, etc. While it's clear that Luongo's contract was also meant to circumvent the cap, it wasn't as overt as Kovalchuk's, so the league didn't feel they had a strong enough case to reject it.

 

[Bates]

Do you seriously believe that Luongo as a free agent would get a best offer of 3 or 4 years for $3 or $4 million per year?  I think you should take a look at capgeek and see how much goalies are being paid these days. It isn't his present or short term contract that is an issue, it's the last 3 or 4 years. I would highly doubt he would get under $5 million per on a 3 or 4 year deal if he was a ufa. Maybe even as high as $6 million.




quote author=ensco link=topic=958.msg119471#msg119471 date=1365094405]

There's a couple reports out there are saying the asset cost was acceptable to the Leafs (Scrivens, 2nd, 3rd) but it was Gillis and the Canucks' refusal to retain any salary was the deal breaker.

I read the Leafs feel since there's no other suitors for Luongo that Vancouver should essentially be giving him up for free. I can't see his salary/caphit being a big problem. What's going to hurt are the potential cap penalties if he retires. But since they're clearly negotiating I assume the Leafs are willing to take the risk there. And there's nothing the Canucks can do to help us with that. Nonis just wants the asking price to drop to zero.

Seriously? If Luongo were a true free agent, he would get a 3-4 year deal for $3-4M. Total dollars approx $10-15M. But Luongo is owed $40M. So Vancouver has to take a $25-30M haircut here. Then you adjust for whatever other value is exchanged. That is what a Luongo trade looks like. Failing that, the Canucks can amnesty him (i.e. buy him out for $27M).

Or, I guess, in a world with no scruples, Gillis can conduct an abusive campaign to hope some sucker like the Leafs does something off market, but whose other objective is to wage psychological warfare on Luongo himself, so that he will quit, or somehow accept less than $27M in exchange for agreeing to a new, market based contract, that can be moved (While I'm not sure that's possible under the CBA, I suspect something like what is outlined above might be up Gillis' sleeve, along these lines).

Gillis' "offer" was the culmination (for now) of a sustained plot to coerce the Leafs into overpaying $25 million for Luongo. Or get Luongo to eat many millions. It'll start again in the summer.

The Canadian sports media have totally failed on this story. It's the job of the Dregers of the world to report this for what it is.

I think the league and especially the NHLPA may need to step in here. Conducting a targeted PR campaign like this is not right. The Canucks are abusing the unwillingness of other hockey people to go on the record to call out a blatant series of lies.

Burke's reaction to this would have been epic. Too bad we didn't get to see that!
[/quote]

 

[Corn Flake]

Seriously? If Luongo were a true free agent, he would get a 3-4 year deal for $3-4M. Total dollars approx $10-15M. But Luongo is owed $40M. So Vancouver has to take a $25-30M haircut here. Then you adjust for whatever other value is exchanged. That is what a Luongo trade looks like. Failing that, the Canucks can amnesty him (i.e. buy him out for $27M).

I could be wrong but it's my understandng that an amnesty buyout is for 100% of the owed salary, not a 2/3 situation. 

 

[Bullfrog]

I still don't understand completely why his contract was accepted by the NHL where others were not.

The NHL should just decide it's not valid, make the Canucks pay a penalty and then Luongo is freed!

The time to decide if the contract is valid is when the contract is submitted for league approval after the parties have signed it. The league has already decided that it was a valid contract.

Unless evidence surfaced that it was negotiated in bad faith.

Not suggesting that would happen.....

 

[nutman]

let it go boys... we did not get stupid and trade for the over priced clown, so give it up already.

 

[caver]

I get that his contract is ridiculous but as far as his play goes i would be happy to have him on the Leafs. And he has handled himself very well in the press. He is no clown.

 

[nutman]

I get that his contract is ridiculous but as far as his play goes i would be happy to have him on the Leafs. And he has handled himself very well in the press. He is no clown.

Not me I would take Reimer in a heartbeat.

 

[ensco]

link

Gillis now peddling to friendly scribes the obvious lie that his farcical asking price would have been met but for a feud with Nonis.

 

[CarltonTheBear]

link

Gillis now peddling to friendly scribes the obvious lie that his farcical asking price would have been met but for a feud with Nonis.

That whole toxic relationship part of the story just seemed like something they added in when the editor needed a headline.

 

[Joe S.]

So Luongo does have the power to "scrap" his contract. All he has to do is refuse to render his services. If he does, the Canucks can put him on waivers and if no one takes on the Luongo contract - which is unlikely in my opinion, he's out of his contract as are the Canucks.

I have to imagine, though, that there'd be some pretty serious pressure from the PA for him not to do that though. Otherwise teams could use the threat of permanent benchings to try and get out of contracts they didn't like.

Isn't that exactly what Montreal was going to do with Gomez?

 

[Kin]

So Luongo does have the power to "scrap" his contract. All he has to do is refuse to render his services. If he does, the Canucks can put him on waivers and if no one takes on the Luongo contract - which is unlikely in my opinion, he's out of his contract as are the Canucks.

I have to imagine, though, that there'd be some pretty serious pressure from the PA for him not to do that though. Otherwise teams could use the threat of permanent benchings to try and get out of contracts they didn't like.

Isn't that exactly what Montreal was going to do with Gomez?

I suppose although the buyout made that on the relative up and up. I meant more in the sense of trying to pressure a guy into walking away from the money he's owed.

 

[GhostofPotvin29]

This made me laugh.

This week?s depressing CapGeek page is Roberto Luongo?s contract because, as a wise man once said, it sucks.

It?s not the overall cap hit, since $5.3 million for a top-10 goalie is actually pretty reasonable. But the deal?s ridiculous length ? it lasts until Luongo is 43 years old ? seems to have made it untradable to any team that?s not in the middle of a full-blown goaltending crisis. Which, as of right now, would be ? nobody.

The bottom line here is that Mike Gillis tried to hold out for the perfect offer last summer, and it backfired. He may not be able to do much better this offseason, unless some franchise out there has a complete meltdown and decides to lose its collective mind when it comes to goaltending and ?

Hmm.

Enjoy Philadelphia, Roberto.

link

 

[Joe S.]

So Luongo does have the power to "scrap" his contract. All he has to do is refuse to render his services. If he does, the Canucks can put him on waivers and if no one takes on the Luongo contract - which is unlikely in my opinion, he's out of his contract as are the Canucks.

I have to imagine, though, that there'd be some pretty serious pressure from the PA for him not to do that though. Otherwise teams could use the threat of permanent benchings to try and get out of contracts they didn't like.

Isn't that exactly what Montreal was going to do with Gomez?

I suppose although the buyout made that on the relative up and up. I meant more in the sense of trying to pressure a guy into walking away from the money he's owed.

my timeline might be off, but I thought these amnesty buyouts came as a result of what Montreal was going to do to Gomez...

 

[Deebo]

So Luongo does have the power to "scrap" his contract. All he has to do is refuse to render his services. If he does, the Canucks can put him on waivers and if no one takes on the Luongo contract - which is unlikely in my opinion, he's out of his contract as are the Canucks.

I have to imagine, though, that there'd be some pretty serious pressure from the PA for him not to do that though. Otherwise teams could use the threat of permanent benchings to try and get out of contracts they didn't like.

Isn't that exactly what Montreal was going to do with Gomez?

I suppose although the buyout made that on the relative up and up. I meant more in the sense of trying to pressure a guy into walking away from the money he's owed.

my timeline might be off, but I thought these amnesty buyouts came as a result of what Montreal was going to do to Gomez...

The compliance buyouts were going to be allowed only after this season and after next season.

The habs were going to sit Gomez out all season while still paying him so he wouldn't risk injury so NHL and PA agreed to have a period before this season that you could use one of your compliance buyouts, it didn't remove the cap hit for this season though.

They never had the intention of forcing him out of his contract so he wouldn't get paid.

 

[lamajama]

link

Gillis now peddling to friendly scribes the obvious lie that his farcical asking price would have been met but for a feud with Nonis.

These ^&*(&^&***%$ media idiots in Vancouver have been bleating about this all morning. I have never seen any so-called grown adults act like such babies crying about everything and anything.

 

[Rebel_1812]

link

Gillis now peddling to friendly scribes the obvious lie that his farcical asking price would have been met but for a feud with Nonis.

These ^&*(&^&***%$ media idiots in Vancouver have been bleating about this all morning. I have never seen any so-called grown adults act like such babies crying about everything and anything.

If Nonis is so difficult to deal with why didn't Gillis just deal him somewhere else?  Oh wait, no one else wanted him.

 

[gilmourthegreat]

link

Gillis now peddling to friendly scribes the obvious lie that his farcical asking price would have been met but for a feud with Nonis.

These ^&*(&^&***%$ media idiots in Vancouver have been bleating about this all morning. I have never seen any so-called grown adults act like such babies crying about everything and anything.

If Nonis is so difficult to deal with why didn't Gillis just deal him somewhere else?  Oh wait, no one else wanted him.

That's one of the worst pieces of journalism I have ever read. No one else wants Luongo, yet this hack suggests that refusing to part with two 2nd rounders and a good goalie prospect is a sign of emotion getting in the way.

Ridiculous, awful writing. If Gillis planted that article, shame on him.