Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Luongo's Sweet Deal Turns Sour

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Luongo's Sweet Deal Turns Sour

Article excerpt

When is a contract too rich for a player's own good? It is an odd question that surfaces repeatedly in the strange case of Vancouver goaltender Roberto Luongo.

It seems as if the new collective bargaining agreement restricts the Canucks' ability to trade Luongo, in effect trapping him. He has long wanted to be traded, and the Canucks have long sought to trade him, but he is stuck in place.

At a news conference after the trade deadline passed Wednesday, Luongo rued the terms of his 12-year, $64 million contract, which runs through 2021-22, one of the best deals for an NHL goalie. He said it was the reason he remained with the Canucks.

"I'd scrap it if I could right now," said Luongo.

Some of the problem is his high salary in real dollars: he will make $6.7 million annually through 2017-18.

Some of the problem is the $5.33 million salary-cap hit, which looms larger next year when the cap drops about 9 percent. But the key likely is the Cap Advantage Recapture system in the new collective bargaining agreement. …

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