I quickly did the calculations on Luongo. If he is traded this summer and retires in 2017:
Vancouver Canucks get a $1,486,000 penalty through 2021-22
Team he is traded to gets a $1,104,533 cap hit through 2021-22
Retires in 2018
Canucks $1,857,500
Team $1,725,833
That contract does suck
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