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”

Rangers’ losing streak continues with OT defeat vs. Penguins

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The New York Rangers needed a win.

Their slow start is among the surprises early this season, as the Rangers have now lost four in a row with only one win to their record through seven games so far. They’ve had trouble scoring. Mistakes at inopportune moments have been costly.

Facing the Pittsburgh Penguins on Tuesday, the Rangers had a brutal start and a brutal finish in a 5-4 overtime loss to their Metropolitan Division foes.

Phil Kessel scored just 43 seconds into the game, utilizing that dangerous wrist shot off the rush to beat Henrik Lundqvist top corner. By the end of one period, it was 2-0 Pittsburgh.

Despite a second-period comeback, with three goals in under three minutes, and taking the lead in the third period, the Rangers couldn’t hang on and the Penguins won in overtime.

Sidney Crosby scored a crafty tying goal with only 56 seconds remaining in regulation, waiting for the Rangers defender to touch the puck negating what would’ve likely been called a hand pass on Pittsburgh before firing a no-look backhander toward the net from behind the red line. The puck deflected in off Lundqvist, helping send this one to overtime.

Evgeni Malkin capped off a four-point night with the overtime winner.

“Right now it’s a little bit challenging as far as putting a whole game together for us,” said Rangers coach Alain Vigneault following the game. “But this group is very accountable … and I’m very confident that if we keep doing a lot of the things we’re doing right now, we’re going to be on the right track.”

A trio of Rangers recorded their first goals of the season. That included David Desharnais, Michael Grabner and Pavel Buchnevich, although the latter played less than 10 minutes on Tuesday, despite nearly four minutes in power play time, and of course the goal.

The Rangers host the New York Islanders on Thursday.

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Cam Tucker is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @CamTucker_Sport.

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Kucherov joins elite company with hot start, but Devils defeat Bolts

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The Nikita Kucherov Show continues.

The Tampa Bay Lightning star forward maintained his torrid pace Tuesday against the New Jersey Devils, scoring his eighth goal of the season — in just his seventh game.

The Bolts took the lead in the second period on goals from Kucherov and Steven Stamkos, but couldn’t hang on and ultimately lost to the Devils (how about this start for New Jersey?) by a score of 5-4 in the shootout.

There is no denying, however, that this has been a special start for the 24-year-old Kucherov and he has joined elite company as a result.

That’s a perfect shot on Cory Schneider.

Read more: Kucherov’s star continues to rise

Kucherov also added an assist on Vladislav Namestnikov‘s beautiful first-period goal. The Devils, though, completed the comeback to continue their strong start to the season, both in wins and goals for. They entered Tuesday’s contest among the league leaders in scoring and surged out to an early lead following a wild five-goal first period.

Drew Stafford opened the scoring for New Jersey and then tied it late in the third period. Kyle Palmieri scored the winner in the shootout.

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Cam Tucker is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @CamTucker_Sport.

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WATCH LIVE: Canadiens at Sharks

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It’s been a difficult start to the season for both the San Jose Sharks and Montreal Canadiens, however both clubs have an opportunity to change that beginning tonight.

The Sharks host the Habs and you can catch the action on NBCSN (10:30 p.m. ET) or via the live stream.

CLICK HERE TO WATCH LIVE

Here are some links to check out for tonight’s game:

Rangers, Sharks need to wake up from early slumps

Canadiens looking to spark, not ‘bury’ Alex Galchenyuk after move to fourth line

It’s early but the Habs are struggling to find the back of the net

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Cam Tucker is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @CamTucker_Sport.

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Video: Nolan Patrick’s sweet drop pass sets up Dale Weise

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That was quite the second period for the Philadelphia Flyers against the Florida Panthers on Tuesday.

The Flyers scored four straight goals to take a commanding lead, but Nolan Patrick put the exclamation point on the frenzied frame with this sweet drop pass to set up Dale Weise for Philadelphia’s fourth goal.

That’s the second assist and third point of the season for the 19-year-old Patrick.

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Cam Tucker is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @CamTucker_Sport.

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