tantalum wrote:Technically doesn't mean a whole hell of a lot when the league at their discretion can come down with the "circumventing the spirit of the salary cap" hammer. If Kovalchuk tried to come back next year and sign a cheap deal the league would be all over the Devils and the penalty they would see would be far beyond cap recapture. Ditto for Luongo.
This is what confuses me - apparently the Devils won't hold Kovy's rights once he turns 35, he is a full UFA
According to that article, it would take 30 teams' consent for Kovie to come back next year after terminating this current contract. After next year, it would require the Devils consent to release Kovie's rights. But once he turns 35, NJ has no rights and he can come back to sign whatever contract he pleases.
So Luongo turns 35 next April. If he "retires", according to Bill daly after 35 he's off the "Voluntary Retirement List" and can sign wherever he wants with no team's consent.
Is there some other rule I'm missing? if not, Lu could take next year off, sign a new UFA contract next off-season for whatever term/money the market will bear (it will probably be a lot), the Canucks don't have to use a buy-out...