Quote:
Originally Posted by Bar-Down
Buying out Booth and Ballard 4.2+4.2=8.4 mill
Luongo trade 5.3 mill
So they will free up 13.7 mill.
They are up against the cap right now and the cap is going down by 6 mill so that eats almost half of it.
In the Luongo trade with the cap going down they will most likely have to take salary back.
Also with the Higgins, Burrows, Edler extensions and higher cap hits kicking in next year, that eats an extra 5 mill. 2 mill more on Edler deal, 2.5 mill more on Burrows and 0.6 on Higgins.
So with the 13.7-6mill = 7.7 with cap going down. Then 7.7 - 5 mill in extensions = 2.7 mill left.
Then salary back in the Luongo deal, they will be right up to the cap. Of course they can let Raymond walk but with that money they will have to replace Booth, Ballard and Raymond and a backup goalie with very very cheap guys.
Ugly offseason for VAN.
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You realize that contracts expire, right? And that the Canucks have $15M in existing contracts that expire in a couple of months.
Not saying they'll have the money to go after a guy like Iginla, but your math is way off and you're approaching it from entirely the wrong direction. If you want to figure out how much room a team has you have to add up their committed salary for next year and then make moves from there.
By my estimate (and assuming a couple of prospects will make the team next year), if the Canucks can get rid of Booth, Ballard, and Luongo they'll have about $50M committed to a 14 man roster leaving them $14M for 9 guys. Definitely tight, but 8 of those spots are made up of the following, most of whom can be had fairly cheaply:
-three 4th liners
-13th forward
-one bottom pairing defenseman
-7th and 8th defensemen
-backup goalie