Nevertheless it is the reality. You would think the existing management would be aware of the situation and planning for it with their cap management.
It's also a pain that's going to be increasingly shared around the league as those contracts get moved around. Nashville is on the hook now, I think a team or two I may be forgetting, and Chicago too if they trade Hossa.
Remember that the hit on us for Luongo retiring in the last year looks so bad because the rule, either intentionally or through ignorance, is simply flawed. The point of the recapture is to take away any cap hit gains a team got if/when the player retires early, but the rule is broken if the player is tradd. The reason we'd get hit with a 1 year $8M cap hit if Luongo retires the last year while the actual difference between salary/cap is only $4M is because the balance of cap hit vs salary from Florida's end, where they will have paid $4M more in cap hit than salary, doesn't get shared.
While all the teams that signed these contracts are on the hook in one way or another, this is a loophole that specifically punishes teams who traded their player to an extra degree. Where as the rule is intended to provide balance vs cap hit this part of it does the exact opposite, just going the other way. So like I said with more teams than just the Canucks on board there's no reason why the league can't retroactively close the loophole.
Or alternatively if the rule doesn't change, if we re-acquired Luongo for the 20-21 season and he retired after I believe would have no effect on Florida and cut our cap recapture penalty for the 21-22 season in half.
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