Explaining the “Luongo rule” in the new CBA

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In case you missed it, the CBC’s Elliotte Friedman and ESPN’s Pierre LeBrun have provided details of what some people are calling the “Roberto Luongo rule” (and others are calling the “punish the teams that made Gary Bettman look bad by signing long, back-diving deals that circumvented the salary cap” rule.)

The new rule applies for any contract in excess of six years, including ones that were signed under the last CBA.

LeBrun explains:

To wit: let’s say the Canucks trade Luongo soon. Luongo has played two years of his 12-year contract, the Canucks paying him $16.716 million in salary but only absorbing a $5.33 million cap hit each year. That’s a cap savings of $6.056 million over two years so far for Vancouver. Under this new rule, should the Canucks trade him now and he retires with three years left on his contract, Vancouver would be charged that $6.056 million in cap savings over the final three years left on his deal from 2019 to 2022. However, let’s say for argument’s sake Luongo gets traded to Toronto, the Maple Leafs also would be subject to cap penalties if Luongo retires before the end of his deal.

To wit, part 2: If Luongo were to play the next seven years of his deal in Toronto before retiring, the Leafs would be paying him $43.666 million in salary but only counting $37.31 million against the cap over those seven years, a cap savings of $6.356 million. So if Luongo retires with three years left on his deal (because his salary falls to $1.618 million in the 10th year and then $1 million in the last two years of the deal), the Leafs would get charged that $6.356 million on their cap spread evenly over the remaining three years of his deal.

Of course, this rule doesn’t just apply to players that are traded. If Luongo stays with the Canucks and retires three years early, they’d have to spread a $12.4 million cap hit over three years.

Now, one thing to keep in mind is that either the players or owners can opt out of the soon-to-be-ratified CBA after eight years, at which point Luongo would still have three years left on his contract and Bettman would likely no longer be commissioner. Translation: maybe they just scrap the rule as part of a new CBA and nobody gets punished.

Also, as Friedman points out…

…there may just be a loophole. From what I understand, Long-Term Injury Reserve still exists. (For example, it allows Chris Pronger to come off the Philadelphia cap while he recovers from concussions).

God forbid Luongo (or anyone else) goes through that. But he will be 40 in the summer of 2019. Who knows what happens to a goalie’s body by then? Maybe he’s had enough and is battling some nagging groin or hip or knee problem. He goes on LTIR, still gets paid and neither Toronto nor Vancouver gets any kind of penalty.

At any rate, neither team would have to pay a penalty until Luongo retires. And given the way some general managers have a habit of kicking the can down the road, we doubt this rule would be the only thing that stands in the way of a trade.

Plus, you never know – in 2020, $12 million might be the league minimum. (Or, if there’s hyperinflation, the price of a cup of coffee.)

Related: Luongo on possibility of playing in Toronto: “It’s something I can handle”

The West’s next round is now set (and wide-open)

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Saturday was a great day for fans of brevity and revenge.

Three of a possible three series ended on this day, with the Rangers dispatching the Canadiens, the Blues eliminating the “better” Wild, and the Oilers knocking off the Sharks in six.

The Rangers await either the Bruins or Senators and the Penguins face the winner of the Leafs – Capitals series out East, but we now know how the West shakes out.

St. Louis Blues vs. Nashville Predators

Both teams provided some of the upsets of this young postseason. Each features a red-hot goalie in Jake Allen and Pekka Rinne. Interesting.

Anaheim Ducks vs. Edmonton Oilers

There will be a lot of orange. We may also see a ton of goals with Ryan Getzlaf on fire, Oscar Klefbom headlining the list of unhealthy players and Connor McDavid possibly able to really take off against a Ducks defense that is beat up in its own right.

It’s already been a strange season out West, with the Kings missing the playoffs and first-round exits for the Sharks and Blackhawks. Get ready – and giddy – for things to get even weirder as the postseason goes along.

Oilers win first series since 2006 after Sharks fall crossbar short of overtime

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After making the playoffs for the first time since 2006, the Edmonton Oilers weren’t just “happy to be there.” They confirmed as much by eliminating the San Jose Sharks with a 3-1 victory in Game 6, winning the series 4-2.

Yes, those young Oilers just eliminated the team that represented the West in the 2016 Stanley Cup Final. Wow.

Ultimately, winning the breakaway battle in the second period indeed made the difference. Leon Draisaitl and Anton Slepyshev scored on their chances in the middle frame while Patrick Marleau could not; Slepyshev’s 2-0 goal ultimately became the series-clincher.

Now, that’s not to say that Marleau was a drag on San Jose. If this is it for one of the faces of the franchise, he had a great 2016-17, including generating the Sharks’ final goal of the postseason.

The Shark Tank was alive after Marleau reduced the Oilers’ lead to 2-1, and more than a few blood pressures rose – both in Edmonton and San Jose – after the Sharks got this close to tying things up.

Wow.

With this result, the West is set. The St. Louis Blues will take on the Nashville Predators while the Oilers face the Anaheim Ducks.

As much as people try to put the training wheels on Connor McDavid & Co., the West is wide-open enough that it’s not so outrageous to imagine a big run for Edmonton.

Beating the Sharks is a pretty nice way of adding an exclamation point to that statement win. And hey … they beat the Sharks last time around, too.

Canadiens sound a lot like Wild after playoff exit (without ‘better team’ talk)

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Much like the Minnesota Wild earlier on Saturday, the Montreal Canadiens are stunned to approach the golf courses so rapidly.

Many of the responses after the New York Rangers eliminated them in Game 6 sound a lot like what the Wild uttered, though there’s no potential bulletin board material like Bruce Boudreau’s line about the better team failing to win four games.

Max Pacioretty viewed this early exit as a “missed opportunity” and never really believed that an elimination was coming.

Claude Julien provided parallel comments to Bruce Boudreau, believing that Montreal generated chances but lacked “finish.”

Brendan Gallagher? He worries that this might have been the Canadiens’ best chance, something the Wild must also worry about with a difficult offseason ahead.

Now, it’s likely that most teams speak about being shocked and expecting better after being booted from the postseason.

Still, these reactions do shine a light on the staggering nature of some of these exits. Will the likes of the Blackhawks, Canadiens and Wild struggle to be in such prime positions in the future? With the Sharks needing a comeback against the Oilers, could the trend continue on Saturday?

The bottom line is that, instead of preparing for a Game 7 after winning the Atlantic Division, the Canadiens are packing up their stuff and worrying about re-signing Carey Price. That’s a pretty stunning turnaround, regardless of the soundbytes available.

Video: Draisaitl, Slepyshev score on breakaways, Talbot spurns Marleau

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Some playoff games or even series come down to something as stupidly simple as one team taking advantage of their opportunities while the other fails to capitalize on chances.

If Game 6 of the Oilers – Sharks series follows the story of the second period, then San Jose may join Saturday’s stream of eliminated teams.

It’s not fair to boil it down to three breakaways, but some might feel that way.

Leon Draisaitl looked like a gritty, strong veteran during his first career playoff goal, bulling his way to the net for 1-0 breakaway tally. About a minute later, Anton Slepyshev was even more alone against Martin Jones, and he scored his first postseason goal to make it 2-0.

That stings for the Sharks, and it doesn’t help that they had a similar chance not long after. This time around, Patrick Marleau couldn’t beat Cam Talbot, so it remained 2-0 for Edmonton.

That’s the same score as the game enters the third period, even with some dangerous late chances for the Sharks.

If the Sharks don’t score at least two goals in the third, their push to return to the Stanley Cup Final could end in the first round.