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pastarocket · 07-07-2022, 08:49 AM

I also think that Allvin and his staff are definitely at the team's salary cap situation and managing it the best they can besides looking at trade offers for Miller.

Dim Jim fucked up the team's salary cap structure so bad, that potential trades with other teams for Miller are gonna have to be looked at very closely in terms of salary.

We still have Lu's cap recapture penalty to pay off for one more season, the upcoming season.

https://puckpedia.com/LuongoRC

Vancouver

Luongo played all of the 2010-2011 to 2012-2013 seasons with Vancouver, so the Recapture Benefit (Total Paid less Total Cap Hit) during that period is 100% allocated to Vancouver ($7,430,001).

For the 2013-2014 season, his total recapture benefit (Total Paid less Cap Hit) is $1,380,667. He was traded on March 4, 2014 to Florida, with 15% of his contract retained by Vancouver.

Therefore, Vancouver's portion for the 2013-2014 season is 100% of the recapture benefit for 154 of 195 season days ($1,380,667 * 100% * 154/195 =$1,090,373) plus 15% of the recapture benefit for the remaining 41 days of the season he was with Florida ($1,380,667 * 15% * 41/195 =$43,544). The total recapture benefit incurred by Vancouver in 2013-2014 is $1,133,917.

The recapture benefit from 2014-2015 through 2018-2019 is $3,571,335. Since Vancouver retained 15% in the trade, their portion is $3,571,335 * 15% = $535,700.

Vancouver's total recapture benefit over the contract is $9,099,618 (the total of the amounts above). Since he has 3 years remaining on his contract, that total is divided by 3. Therefore, Vancouver's Cap Charge over the next 3 years is $3,033,206 per year

07-07-2022, 08:49 AM	#103
pastarocket Willing to sell body for a few minutes on RS Join Date: Feb 2010 Location: Vancouver Posts: 10,691 Thanked 4,484 Times in 2,232 Posts Failed 699 Times in 223 Posts Member's Picture Albums	I also think that Allvin and his staff are definitely at the team's salary cap situation and managing it the best they can besides looking at trade offers for Miller. Dim Jim fucked up the team's salary cap structure so bad, that potential trades with other teams for Miller are gonna have to be looked at very closely in terms of salary. We still have Lu's cap recapture penalty to pay off for one more season, the upcoming season. https://puckpedia.com/LuongoRC Vancouver Luongo played all of the 2010-2011 to 2012-2013 seasons with Vancouver, so the Recapture Benefit (Total Paid less Total Cap Hit) during that period is 100% allocated to Vancouver ($7,430,001). For the 2013-2014 season, his total recapture benefit (Total Paid less Cap Hit) is $1,380,667. He was traded on March 4, 2014 to Florida, with 15% of his contract retained by Vancouver. Therefore, Vancouver's portion for the 2013-2014 season is 100% of the recapture benefit for 154 of 195 season days ($1,380,667 * 100% * 154/195 =$1,090,373) plus 15% of the recapture benefit for the remaining 41 days of the season he was with Florida ($1,380,667 * 15% * 41/195 =$43,544). The total recapture benefit incurred by Vancouver in 2013-2014 is $1,133,917. The recapture benefit from 2014-2015 through 2018-2019 is $3,571,335. Since Vancouver retained 15% in the trade, their portion is $3,571,335 * 15% = $535,700. Vancouver's total recapture benefit over the contract is $9,099,618 (the total of the amounts above). Since he has 3 years remaining on his contract, that total is divided by 3. Therefore, Vancouver's Cap Charge over the next 3 years is $3,033,206 per year __________________ Go Canucks go! Last edited by pastarocket; 07-07-2022 at 08:55 AM.