After signing Roberto Luongo to a 12-year/$64 million deal, Mike Gillis went on a few sports shows, including the FAN 590 where he revealed this little nugget about Lui’s no-trade clause: There is a point in time where Roberto can, if we’re not on track in a number of years, he can ask and we would accommodate a move for him. And there’s another one that’s reciprocal for us. Gillis wasn’t specific on the date, but I’d dare guess that Lui’s out clause is around the time period the Sedins’ contracts expire and the Canucks’ is around the time he...Click here to read more.
As a Canucks fan, I can’t help but feel giddy about the news today that Roberto Luongo has signed a 12-year contract extension. His annual salary breaks down as follows: 2010-2011 $10 million 2011-2012 $6.716 million 2012-2013 $6.714 million 2013-2014 $6.714 million 2014-2015 $6.714 million 2015-2016 $6.714 million 2016-2017 $6.714 million 2017-2018 $6.714 million 2018-2019 $3.382 million 2019-2020 $1.618 million 2020-2021 $1 million 2021-2022 $1 million I agree the term is long – and no doubt it is a risk – but the resulting cap hit is a very respectable $5.3 million. Think of what signal this signing sends to...Click here to read more.
And I couldn’t be happier. Terrible game against Chicago aside, the man is bad ass. He’s committed, the Sedins are on board, and Gillis is doing whatever he can. The defence is re-stacked (I think I just made that word up), our baybee prospect cupboard is now respectable, I have a newly declared Canucks boyfren, and Welly lost 18 pounds and will henceforth be known as Kate Moss. The Canucks are ready to ROCK YOUR WORLD, bishes!!!1 Now go have a drink in Luongo’s honour. Make sure it tastes like delicious kick saves.Click here to read more.
It broke early, but was a nice thing to wake to. The Canucks are now justifying the rumours that ravaged Twitter thanks to the fake Luongo account and reporting that the superstar netminder has inked a 12 year contract extension. As club policy the terms of the deal were not disclosed, but it’s obviously front loaded, and rumoured to be 64 million dollars. That would work out to 5.33 million dollars against the cap which for a star goaltender like that is all you can ask. Luongo had this to say on the signing. I love playing in a passionate...Click here to read more.
Unlike Richard, I don’t believe that Gillis is spending too much money on too few key pieces. (Hey, just because we write on the same site doesn’t mean we can’t have different opinions.) While I agree that the Sedins and Luongo (current contract and any future contract extension) take up more than one-third of the Canucks’ cap room, I don’t think this necessarily means that he has handcuffed himself financially, and a quick trip down the salary cap era memory lane proves this. In the 2006/2007 season when the salary cap was at $44 million, the Anaheim Ducks won the...Click here to read more.
Gillis made clear upon his arrival to the franchise that he was a mover and a shaker, while I got the impression some of the things he said were almost a show for the media, other things he said, he’s stuck by. Gillis has struggled to put his mark on the team, to make that one move that marks the Canucks as Gillis’ Canucks – yet. After suggesting to the media and the fans that he was coming in with a revolving door policy, he’s stayed quiet relative to what we’d come to expect, and now facing the restructuring of...Click here to read more.
With the NHL Entry draft only a few hours away, the rumor mill is running rampant. Have the Canucks re-signed Roberto Luongo to a long-term extension? According to John Buccigross, he has; according to others, not quite but close. Have the Canucks acquired the negotiating rights to Jay Bouwmeester? As much as they’d like to, Mike Gillis isn’t too keen at the price. Are the Canucks moving up to draft Team Canada defenseman, Ryan Ellis? Talk is that they’re interested. Are the Canucks close to acquiring Dany Heatley? Well, the Canucks may be on Heatley’s wish list but the latest...Click here to read more.
– It appears I’m jumping on the Penguins bandwagon for the rest of the playoffs. The Wings don’t need another Cup. As much as like a bunch of their players, as a whole team I just can’t get behind them. I’ve tried embracing this crush on the Blackhawks that the NHL keeps pimpin, but I can’t do it. They’re kind of whiney and I find I giggle too much when they do badly. The Canes are pretty cool actually. But I’m chillin with the Penguins because of two things 1) MALKIN. His hat trick last night, especially the third goal,...Click here to read more.
I disagree with Ed Willes’ (Vancouver Province) and Cam Cole’s (Vancouver Sun) pieces that the Canucks must deal Roberto Luongo. From Willes: This might be the ultimate example of burying the lead, but let’s pause for a moment and consider the goalies who were still alive in the playoffs before Tuesday’s games. In the Detroit-Anaheim series, you had a showdown between Chris Osgood, the man who’s widely considered to be the single greatest impediment between the Wings and a second straight Cup win, and Jonas Hiller, a 27-year-old NHL sophomore late of the Swiss league. Back east in the Boston-Carolina...Click here to read more.
Ohlund classy to the end (Jim Jamieson, Vancouver Province) Sedin contract talks to move from back to front burner (Brad Ziemer, Vancouver Sun) Why would they trade me? Luongo asks (Iain MacIntyre, Vancouver Sun) Players pause to reflect on past, future (Matthew Sekeres, Globe and Mail) Sundin sits on fence again (Matthew Sekeres, Globe and Mail) How did it go so very wrong for the Canucks? (Jeff Patterson, Georgia Straight) Canucks’ exit should inspire Moose (Randy Turner, Winnipeg Free Press) Will layoff hurt and can Cody help? (Gary Lawless, Winnipeg Free Press)Click here to read more.