Only thing to Lucic is that his base salary is lower, and more dependent on bonuses as the seasons go on. Neal has straight-across no bonus clauses, just base salary. Calgary may be looking to save some money in the later years, but still take the cap hit (generally the same) and open up more bucks to commit down the line.
Of course, there would have to be incentive to do so. Neal is still the better player at this point, I can't see Treliving doing one for one unless something else comes back to us. Neal may also be the only player available who could be a top-six guy (if he can recover) who will actually play for the Oilers. Lucic certainly isn't that anymore.
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