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Old 03-04-2014, 03:55 PM   #324
Voodooman
Scoring Winger
 
Join Date: Aug 2011
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Quote:
Originally Posted by 19Yzerman19 View Post
Where do you get that math from? His cap hit is 5.3, 15% of that is $795k.

Also it sounded like they'd done this season by season, so they retain more in the first four years? Basically to offset some of the recapture penalty if he retires later, I would guess.
Actual salary is $6.714 for next 4 years, 15% of which is just over $1M. As well, Bob McKenzie confirmed that the retained salary averages $1M for the first 4 years.

I agree that it should go down substantially after that, by which time Lou will have retired anyways.

Let's not lose sight of the bigger picture by haggling over the details. The Canucks are a train wreck, and Gillis is either the 29th or 30th best GM in the league right now.
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