[7seven]

More details about Lu's new contract

http://www.nationalpost.com/sports/s...tml?id=1963084

The first comes five years into the extension. If Luongo isn't pleased with where the team is at, or where it's heading, he can then trigger a trade. The out clause is timed for what should be an organizational crossroads - one year after the Sedins' current long-term deal is up. The Canucks have agreed to accommodate the request by moving Luongo at that point.

Two years later, after the contract extension's seventh year, the Canucks have a reciprocal clause. If they want to go in another direction, they will have an opportunity to move Luongo despite his no-trade clause.