Vincent Lecavalier

Report: NHL nixes trade-buyout-re-sign plan amidst rumors of Leafs-Lecavalier deal

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The NHL has deemed that trading a player, having the acquiring team buy him out and then re-signing him is a form of CBA/salary cap circumvention, according to the New York Post.

As per The Post’s Larry Brooks, the league notified general managers on Monday it was closing the potential loophole, two days before the NHL’s compliance buyout window was set to open (Wednesday, 11 p.m. ET.)

What’s more, Brooks reports one such deal was already on the table:

It is believed the Lightning and Maple Leafs had discussed such a maneuver regarding Vincent Lecavalier, who has seven years and $45 million remaining on his contract, with the buyout thus worth slightly more than $30 million.

The clubs theoretically would have concocted a swap in which Tampa Bay would have sent an asset — perhaps a draft pick — to rolling-in-dough Toronto along with Lecavalier, who would have re-signed a more modest deal with the Lightning after being bought out by the Leafs.

Such a scheme would have saved Tampa Bay’s ownership a substantial sum while easing a cap squeeze for general manager Steve Yzerman, whose club currently faces a charge of $7.727 million per for Lecavalier through 2019-20 and the danger of significant cap-recapture penalties should No. 4 retire while still under contract.

The Leafs would have received an asset while the 33-year-old Lecavalier would at least have been made whole.

Lecavalier has been the subject of buyout talk for a while.

“We understand this is a difficult contract in a difficult cap environment,” Lecavalier’s agent, Kent Hughes, told the Tampa Bay Times of his client’s current deal. “We recognize (a buyout) is within the club’s right. One way or another there will be clarity in the next seven to nine days.”

Earlier this month, the Bolts captain admitted he’s contemplated being bought out.

“It’s obviously something you think about,” he told the Tampa Bay Times. “At the same time, there’s nothing I can do about it.”

It should be noted teams are still allowed to trade players for the sole purpose of the acquiring team buying them out, so long as there’s no plan to re-sign the bought-out player.

The best example of this would be the New York Islanders and Rick DiPietro.

According to CBC’s Elliotte Friedman, Isles GM Garth Snow will reportedly “try to make it worthwhile” for teams to stomach DiPietro’s contract (the buyout would put him on the books until 2029) by possibly taking a bad contract in return, or sending picks and/or prospects.

The Las Vegas Desert Knights? Maybe . . .

LAS VEGAS, NV - JUNE 22:  New Las Vegas NHL franchise owner Bill Foley addresses the media during the Board Of Governors Press Conference prior to the 2016 NHL Awards at Encore Las Vegas on June 22, 2016 in Las Vegas, Nevada. The NHL's board of governors approved expanding to Las Vegas, making the franchise the 31st team in the league. The team will start play during the 2017-18 season and play at the newly built T-Mobile Arena.  (Photo by Bruce Bennett/Getty Images)
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There’s been another possible development in the search for a team name for the Las Vegas NHL franchise.

The Las Vegas ‘Desert Knights’ could perhaps be a thing.

Maybe.

From the Las Vegas Review-Journal:

Last week domain names were registered that might be an indicator that the NHL team scheduled to begin play in 2017 could be called the Las Vegas Desert Knights.

Last week the domains lasvegasdesertknights.com, vegasdesertknights.com and desertknightshockey.com were privately registered to Moniker Privacy Services, which is the same company that procured the domain name to NHL.com.

DetroitHockey.net first reported the new domain name Thursday morning.

Foley said via text message he had no comment regarding the process when reached by the Review-Journal.

As the Las Vegas franchise continues to hire key members for its hockey operations department, there is growing intrigue when it comes to the search for a new name.

What will this new franchise be called?

The wait continues, and there has been a lot of space dedicated to speculating and discussing the possibilities.

It’s been reported that the expansion franchise could use one of at least three ‘Hawks’-orientated names. Owner Bill Foley also said this summer that Las Vegas can’t use a ‘Knights’ nickname is Canada, because London’s OHL franchise was also named the Knights.

Stay tuned . . .

Las Vegas hires former Panthers director of player personnel Scott Luce

ST PAUL, MN - JUNE 24:  Director of scouting Scott Luce of the Florida Panthers smiles before day one of the 2011 NHL Entry Draft at Xcel Energy Center on June 24, 2011 in St Paul, Minnesota.  (Photo by Bruce Bennett/Getty Images)
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Scott Luce has gone from the Florida Panthers to the Las Vegas expansion franchise.

The new NHL organization — still searching for a team name — announced Thursday that it has hired Luce as its new director of amateur scouting.

Luce spent the last 14 years in Florida, as a scout and as director of player personnel.

Luce was let go earlier in the offseason, as the Panthers underwent massive change within their front office, with the promotion of Dale Tallon to president of hockey operations and Tom Rowe to GM, and more attention to analytics.

Report: Avalanche bring Rene Bourque in for a PTO

NEWARK, NJ - OCTOBER 27: Rene Bourque #18 of the Columbus Blue Jackets skates against the New Jersey Devils at the Prudential Center on October 27, 2015 in Newark, New Jersey.  (Photo by Bruce Bennett/Getty Images)
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After announcing the hiring of Jared Bednar as their next head coach, the Colorado Avalanche have brought in forward Rene Bourque on a professional tryout, according to James Mirtle of the Globe and Mail.

Bourque became an unrestricted free agent at the beginning of July, after his six-year contract worth a total value of $20 million expired. The annual cap hit on his previous deal was $3.333 million.

He spent last season with the Columbus Blue Jackets, scoring three goals and eight points in 49 games. He was placed on waivers at the end of February.

During the 2014-15 campaign, he spent time with the Montreal Canadiens, Anaheim Ducks and the Blue Jackets, before a back injury sidelined him for the remainder of that season.

Panthers need to keep Luongo rested and refreshed after offseason hip surgery

Florida Panthers goalie Roberto Luongo (1) reacts after New York Islanders Thomas Hickey scored the game-winning goal during overtime in Game 3 of an NHL hockey first-round Stanley Cup playoff series, Sunday, April 17, 2016, in New York. The Islanders won 4-3. (AP Photo/Adam Hunger)
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This post is part of Florida Panthers day at PHT…

Florida Panthers goalie Roberto Luongo has provided an encouraging update on his comeback from offseason surgery.

At the age of 37 and with 926 regular season games under his belt, Luongo had hip surgery earlier this summer. There was discussion at the time that he might not be ready for the beginning of the regular season in October, but it appears there is reason for optimism with his rehab.

The Panthers open the season at home against the New Jersey Devils on Oct. 13.

“I started skating Aug. 5 and there has been slow progression but we’ve ramped it up here the past week or so and it has been good,” Luongo told George Richards of the Miami Herald.

“I’m not 100 percent; it’s a five month rehab. But I’m feeling better than I thought I would. I thought it would be a slower progression, especially on the ice. It has gone fairly quickly and I’m happy about that. If the season were to start tomorrow, I probably wouldn’t be able to go. But I feel good where I’m at and I’m excited about it.”

Because of Luongo’s age — he’ll celebrate his 38th birthday next April, just before the playoffs begin — the Panthers made a prudent move in free agency by signing James Reimer to a five-year deal, worth a total value of $17 million.

To add further depth at the goalie position, the Panthers also brought in Reto Berra.

The Panthers, at least based on what GM Tom Rowe has said, are in no rush to bring Luongo back until he’s ready.

“Everything will be determined by how Lou gets through the offseason with his rehabilitation. Right now, it’s going really well. We’ll take it one day at a time. We don’t want to rush him back. We want him to come back on his schedule and just make sure we’re doing everything the right way,” said Rowe in July.

Signing Reimer is a move for the future, both long and short term.

He could, this season, take a considerable amount of games as a reliable No. 2, which could help keep Luongo’s energy levels up. And that should be very beneficial for the Panthers, considering Luongo still had a very good season as one of the oldest starters in the league.

Last season, Luongo appeared in 62 regular season games for the Panthers. He posted strong numbers, with a .922 save percentage. He followed that up in the post-season with a .934 save percentage in six games.

He saw plenty of playing time, more than 3,600 minutes. He faced more than 1,800 shots. It all took a toll, as he expressed fatigue in the playoffs.

The expectation is the Panthers make it back to the post-season, perhaps do some damage, too.

Having a rested and refreshed Luongo in goal would certainly help their cause.