Quote:
Originally Posted by Roof-Daddy
If they trade Hossa or he is taken in an expansion draft, and he retires early, they and the the team that acquires him would be subjected to the recapture penalties.
Pretty much makes him unmoveable IMO, but the Panthers did trade for Luongo despite the potential of cap recapture penalties with his contract.
|
Given the structure of Luongo's contract, the recapture penalties for the Panthers are relatively minimal. Really they are looking at Luongo retiring in the 2019 off-season, which would come with a 1.3M cap hit for 3 years. If Luongo retires after that, the Panthers effectively receive no penalty.
The Canucks on the other hand will receive a 2.4M cap hit for 3 years if Luongo retires in the 2019 off-season, a 4.3M cap hit for 2 year if Luongo retires in the 2020 off-season or a remarkably 8.5M cap hit for a year if he retires in the 2021 off-season which would just be hysterical.