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PDO
6-29-06, 2:01 PM
Goaltender Roberto Luongo finally has the long-term deal he's always wanted, signing a four-year, $27 million US contract with the Vancouver Canucks.

According to CKNW Radio in Vancouver, the new deal will pay Luongo $6 million US in the first year, $6.5 million US in the second year, $7 million US in the third year, and $7.5 million US in the final year. The contract also contains a no-trade clause for the final three years.

Sources close to the recently traded netminder suggested on Wednesday that Luongo was close to finalizing a long-term agreement, but Canucks General Manager Dave Nonis said reports of a new contract were premature at the time.

The Canucks and Florida Panthers completed a multi-player trade involving Luongo last week, with Vancouver sending Todd Bertuzzi, Bryan Allen and Alexander Auld to Florida for Luongo, Lukas Krajicek and a 2006 sixth round pick.

The Canucks qualified Luongo at $3.2 million US earlier this week, which gave the club his rights for the 2006-07 season, but Luongo's agent Gilles Lupien also met with his client in Montreal this week to discuss the prospects of a long term deal.



Luongo, 27, played 75 games with the Florida Panthers in 2005-06, posting a record of 35-30-9 with a 2.97 GAA and a .914 save percentage. Over his five-year NHL career, Luongo has played a total of 341 games, with a record of 115-168-41, a 2.72 GAA and a .919 save percentage.

More to follow.

http://www.tsn.ca/nhl/news_story/?ID=170025&hubname=

Bah humbug.

MadDevil
6-29-06, 4:24 PM
That's an awful lot of money for a guy who has done jack **** in his career so far, but I guess you're paying for potential. I'd be worried about the last two years of that contract, especially if it doesn't work out. What happens if he pulls a Turco the next couple of seasons and blows up in the playoffs (not saying it will happen, but it's possible)? Good luck trying to move him at $7-7.5 million a year. That being said, the potential payoff is huge.

KB in Kelowna
6-29-06, 5:22 PM
That's an awful lot of money for a guy who has done jack **** in his career so far, but I guess you're paying for potential. I'd be worried about the last two years of that contract, especially if it doesn't work out. What happens if he pulls a Turco the next couple of seasons and blows up in the playoffs (not saying it will happen, but it's possible)? Good luck trying to move him at $7-7.5 million a year. That being said, the potential payoff is huge.

The Brind'Amour signing was faulted for giving a guy a reward for what he had done and now Luongo's contract is faulted because it is based on what he might do. Sheesh some people are never satisfied.:laughing:






Just kidding MD!

MadDevil
6-29-06, 5:27 PM
The Brind'Amour signing was faulted for giving a guy a reward for what he had done and now Luongo's contract is faulted because it is based on what he might do. Sheesh some people are never satisfied.:laughing:






Just kidding MD!

:laughing:

And I really shouldn't be talking. The Canucks are tying up 1/7 of their payroll in a franchise goalie, while the Devils are tying up 1/7 of their payroll on a retired player and a guy who played in the AHL last year.:doh:

Amoroq
8-22-06, 11:48 PM
From KB's favorite blogger

Nonis: Just sign here and we're all set.

Luongo: *signs contract* Alright! I'm looking forward to this!

Nonis: And don't you worry. We'll be doing everything in our power to make you feel comfortable.


Luongo: Well... I heard it rains a lot in Vancouver during the fall and winter.

Nonis: Yup.

Luongo: And, I heard the women are really snotty and high-maintenance.

Nonis: True...

Luongo: And, the media is vicious and there will be a lot of pressure for me to perform miracles.

Nonis: Well, yeah...

Luongo: So, how are you going to make me feel comfortable?

Nonis: Simple! We're going to load up on crappy AHL-calibre players so that you'll get the 50 shots a night that you're accustomed to!

Luongo: *facepalm*


Got a chuckle out of that one :)

KB in Kelowna
8-23-06, 11:37 AM
From KB's favorite blogger



Got a chuckle out of that one :)

2 points, now you see why I like him, and that conversation may not be far from the truth.:eek: