Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - [Trade] Luongo (15% retained salary) traded to Panthers for Jacob Markstrom & Shawn Matthias

sureLoss · 03-04-2014, 04:18 PM

Bob McKenzie @TSNBobMcKenzie
VAN is taking back money on Luongo's contract. It varies in amounts each year. Around $1M (ballpark) for each of first four years.

hmm I thought you couldn't vary the retained percentage

03-04-2014, 04:18 PM	#234
sureLoss Some kinda newsbreaker! Join Date: May 2004 Location: Learning Phaneufs skating style Exp:	Bob McKenzie @TSNBobMcKenzie VAN is taking back money on Luongo's contract. It varies in amounts each year. Around $1M (ballpark) for each of first four years. hmm I thought you couldn't vary the retained percentage