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UPDATE: Luongo signs 12 year/5.25 per year contract

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BigRig
SensFan71
davetherave
Amnesia021
beedub
SeawaySensFan
PKC
shabbs
PTFlea
13 posters

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Amnesia021


Rookie
Rookie

I'm waiting for the GMs to push the envelope even more and add another 10 years @ 1 mil to get the cap hit even lower! cheers

Can you imagine a 22 year contract Smile

SensFan71


All-Star
All-Star

Amnesia021 wrote:I'm waiting for the GMs to push the envelope even more and add another 10 years @ 1 mil to get the cap hit even lower! cheers

Can you imagine a 22 year contract Smile

I believe the closest was DiPietro's 15 year deal ( Facepalm ) or Ovie's 13 year deal, but wow, 22 years, that is an entire playing career right there.

PTFlea


Co-Founder
Co-Founder

RDS just changed it to 63 million - a 5.3 cap hit.

Unrealistically good now. Facepalm

SensFan71


All-Star
All-Star

SpezDispenser wrote:RDS just changed it to 63 million - a 5.3 cap hit.

Unrealistically good now. Facepalm

okay that makes more sense and doesn't make Gillis look like a bloomin idiot. what is going on with RDS? Facepalm

PTFlea

PTFlea
Co-Founder
Co-Founder

SensFan71 wrote:
SpezDispenser wrote:RDS just changed it to 63 million - a 5.3 cap hit.

Unrealistically good now. Facepalm

okay that makes more sense and doesn't make Gillis look like a bloomin idiot. what is going on with RDS? Facepalm

They suck?

SeawaySensFan

SeawaySensFan
Franchise Player
Franchise Player

SpezDispenser wrote:RDS just changed it to 63 million - a 5.3 cap hit.

Unrealistically good now. Facepalm

Don't tell Monkhouse. Sarcasm

BigRig

BigRig
Rookie
Rookie

shabbs wrote:The salary breakdown by year:

Length: 12 years
Cap hit: $7.250M/year
Total value: $87M

2010-2011: $10 million
2011-2012: $6.716 million
2012-2018: $6.714 million
2018-2019: $3.382 million
2019-2020: $1.618 million
2020-2021: $1 million
2021-2022: $1 million

WOW!

just watch here, with the league RIGHT about to come down hard on Chicago for the Hossa deal and the canucks just rushed this through before the statement ruling on the Hawks?

....the league is NOT going to like this "Cap hit avoidance" deal.

wprager

wprager
Administrator
Administrator

Nice contract. Now play lights out and make us (Canedians) proud.


_________________
Hey, I don't have all the answers. In life, to be honest, I've failed as much as I have succeeded. But I love my wife. I love my life. And I wish you my kind of success.
- Dicky Fox

Amnesia021

Amnesia021
Rookie
Rookie

SeawaySensFan wrote:
Amnesia021 wrote:

Yeah, but I could be adding wrong... I was educated in the California School System 🇬🇬

You must be fluent in Mexican then! BagoverHead

Ole! UPDATE: Luongo signs 12 year/5.25 per year contract - Page 3 Mexica11

PTFlea

PTFlea
Co-Founder
Co-Founder

We're adding that smiley in immediately. Very important.

SensFan71


All-Star
All-Star

Amnesia021 wrote:
SeawaySensFan wrote:
Amnesia021 wrote:

Yeah, but I could be adding wrong... I was educated in the California School System 🇬🇬

You must be fluent in Mexican then! BagoverHead

Ole! UPDATE: Luongo signs 12 year/5.25 per year contract - Page 3 Mexica11

lol priceless, makes me want a corona, oh wait, I wanted one before seeing it. Laughing3

PTFlea

PTFlea
Co-Founder
Co-Founder

Ole! Ole.

SeawaySensFan

SeawaySensFan
Franchise Player
Franchise Player

SpezDispenser wrote:We're adding that smiley in immediately. Very important.

I second that.

davetherave

davetherave
All-Star
All-Star

According to a report on Montreal radio station CKAC, the Canucks and Luongo have settled on a front-end loaded 12-year contract worth $64 million with only minor details to be finalized. If correct, the cap hit would be $5.33 million.

The 30-year-old netminder has one year remaining on his current contract. He will be paid $7.5 million although his cap hit is only $6.75 million, the average of the four-year deal he signed in 2006.
— Vancouver Sun

http://www.corussports.com/hockey/luongo_12_ans-20090902-1722211.html

Luongo : 12 ans, et une pluie de millions

Roberto Luongo aurait signé une prolongation de contrat d'une durée de 12 ans, d'une valeur de 63 millions $.

Tel que
Corus Sports vous l'annonçait, lundi, Luongo devient ainsi le gardien de but le mieux payé de l'histoire de la LNH.

L'entente devrait être confirmée mercredi.

Selon RDS, Luongo gagnerait 10 millions $ en 2010-2011, 6.715 millions $ pour les six saisons suivantes, 3,382 millions en 2018-2019, 1,618 million $ en 2019-2020 et un million $ à ses deux dernières saisons.

Plus de détails à venir.

Sébastien Goulet / Corus Sports

LeCaptain

LeCaptain
All-Star
All-Star

Time to erase the first 2 pages of this thread.

PKC

PKC
All-Star
All-Star

RDS has to have the dumbest, sad-sack group of quasi-journalists working for them in the history of modern media...

wprager

wprager
Administrator
Administrator

marakh wrote:Time to erase the first 2 pages of this thread.

Why? (note, I haven't read the first two pages)


_________________
Hey, I don't have all the answers. In life, to be honest, I've failed as much as I have succeeded. But I love my wife. I love my life. And I wish you my kind of success.
- Dicky Fox

SensFan71


All-Star
All-Star

PKC wrote:RDS has to have the dumbest, sad-sack group of quasi-journalists working for them in the history of modern media...

I thought that was the sport beat writers over at the Sun, a la Brennan and Garrioch. Laughing3 BagoverHead

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