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How much would Luongo be worth on the trade market?

Apr 19, 2012, 8:47 AM EDT

Roberto Luongo, Cory Schneider Getty Images

Regardless of how the playoffs end for the Canucks, things could get messy in Vancouver. With a big win in Game 4 on Wednesday, Cory Schneider has once again proved that he’s ready to be a starting goaltender – and he will probably get that chance in 2012-13.

Schneider will be a restricted free agent this summer and he deserves a big raise from his current $900,000 salary.

That means Vancouver’s cap hit spent on goaltenders is about to get ridiculous unless they part ways with one of their goaltenders.

At this point, it seems far more likely that Vancouver will attempt to trade Roberto Luongo, but obviously that comes with a few problems. His $5,333,333 annual cap hit is on the high-end for an aging goaltender, especially one that is signed through 2021-22.

He also has a no-trade clause, and while he’s probably not going to force the Canucks to keep him, he might tie their hands by limiting the number of teams he’s willing to go to. Add that to the fact that, as good as Luongo is, the number of teams in the market for a starting goaltender is usually shallow these days – as Tomas Vokoun and Evgeni Nabokov found out when they tried to find work as unrestricted free agents in recent summers.

Even the younger, much more affordable, Jaroslav Halak, coming off a year where he led the eighth place Montreal Canadiens all the way to the Eastern Conference finals only netted his team Lars Eller and Ian Schultz when Montreal shopped him that summer.

That all said, Luongo is still a good, established starter and he’s likely to attract some attention. You look at a team like the Toronto Maple Leafs or Tampa Bay Lightning and have to think there’s potential there.

So yes, Luongo is tradable, but if Vancouver decides to go that route, will they get a king’s ransom for him? Probably not.

  1. charlutes - Apr 19, 2012 at 8:58 AM

    And a one and a two and a….Told u so Canucks fans! hahaha way to waste half a decade of dominance on headcase Luongo.

    • micasa81 - Apr 19, 2012 at 9:51 AM

      Luongo was a big reason they’ve been so dominant the last few years. Has he been a playoff headcase? Yup, sometimes, but he also got two shutouts in last year’s SCF. Have the players in front of him been resilient enough to claw their way back into a game when he gets ventilated? Almost never.

      All things considered, it’s probably the right move to keep Schneider and move Lu. I’ll miss him though, and I hope he wins a cup somewhere before he’s through.

    • bloggersarenotjournalists - Apr 19, 2012 at 1:54 PM

      It’s not just Roberto its the Fembots. They are not built for playoff hockey and are useless without the puck.

      I’d take Giroux and Hartnell over them both.
      Crosby Malkin
      Datsyuk and Zetterburg
      Hell even Brad Richards and Ryan Callahan

      Regular season heroes who are not even close to as effective when it counts.

      The average what? .66 points per game in the playoffs compared to what in the regular season?
      yet Canucks fans are in love with these 2.

  2. triplepropalm - Apr 19, 2012 at 9:00 AM

    The big question with Luongo is will he be willing to waive his NTC if the Canucks do agree to a trade for him?

    • gbiscottagecheesefatties - Apr 19, 2012 at 5:54 PM

      10 year deal with a NTC. I don’t see any team dumb enough to trade him for anything. His contract alone in my opinion makes him impossible to trade.

      I mean who would honestly trade anything for a guy that will be with your team for a very long time, he is aging and will soon be declining in productivity in a few years. He is a very good goalie, but too much of a risk


  3. phillyphever - Apr 19, 2012 at 9:02 AM

    At this point, just getting rid of his cap hit would be a major win for the Canucks. A prospect and a 2nd should be their target.

  4. philly4lyfe - Apr 19, 2012 at 9:21 AM

    A bag of pucks.

  5. hockeyflow33 - Apr 19, 2012 at 9:24 AM

    He’s still a near-Vezina candidate every year so it isn’t like you’re getting nothing in return

  6. odj810 - Apr 19, 2012 at 9:27 AM

    first round pick and mid level prospect.

  7. comeonnowguys - Apr 19, 2012 at 9:31 AM

    If all you care about is being a regular-season powerhouse, he’s your man.

  8. pone27 - Apr 19, 2012 at 9:44 AM

    No team is giving up anymore than a 2nd rounder for him…

    Luongo’s NTC makes its certain he will want to go to a team who could win a cup now. First team that comes to mind, and if they get somewhat farther in the playoffs, would be a return to Florida. Well under the cap, and would still have room to re-sign players. Being a Hawks fan, I saw how much cash Tallon tossed at Khabibulin, Huet, etc…. Seems like a possibility to me.

  9. bigbadbruins1968 - Apr 19, 2012 at 10:48 AM

    A 2d or 3d round pick is about all you’ll get for a team to suck down that $5.3 million cap hit due to the Canucks stupidity in signing Lebrongo to such a ridiculous long term deal.

  10. barkar942 - Apr 19, 2012 at 10:53 AM

    Lu for Rick Nash (and a bag of pucks- and maybe 10 rolls of tape).

  11. rwmilli - Apr 19, 2012 at 11:02 AM

    Look at these sports reporters up top ^^^ ” Hahahaha told you Canucks fans so ” yes, you were the first to tell the world, anyone else sick of people chiming in with completely irrelevant comments.

  12. geostrophically - Apr 19, 2012 at 11:05 AM

    Funny how Rinne is paid more and is actually worth his price tag. Luongo however…

    • cableguymike - Apr 19, 2012 at 11:28 AM

      Seriously? This is the first really good playoffs he’s had. I’d be surprised if Rinne’s contract doesn’t also looks like a noose around their neck down the line.

      • rca26 - Apr 19, 2012 at 2:36 PM

        I don’t disagree with the sentiment of your comment, but if you think this is Rinne’s first really good playoffs, you’ve never watched Rinne in the playoffs before.

      • cableguymike - Apr 19, 2012 at 4:54 PM

        I watched the Canucks knock him out last year. His numbers have been Loungo-esque which makes the statement almost ironic.

    • WeWantTheCup - Apr 19, 2012 at 2:13 PM

      RInne is worth the price tag hey dumbass. So what would you pay for a goalie that could make it past the second round???? You bash luongo and compare him to a goalie that has never made it past the second round, also a goalie who roberto beat head to head last year in 6 games. Thanks for posting a comment that makes people dumber just by reading it.

      • geostrophically - Apr 19, 2012 at 2:47 PM

        That was then, this is now.

        Luongo’s gaffes in first round and finals last year are laughable. Meanwhile Rinne is younger, played more games and have better stats than Luongo’s stats in the regular season.

        Kid’s got a lot of potential and I was shocked to see the $7M/year at first. But as long as he’s consistent and have a Vezina Trophy within grasp. I don’t see why not. But only time can tell.

  13. jaybaileys - Apr 19, 2012 at 11:23 AM

    He’s about as hot a commodity as Paul Martin is. He has no trade value whatsoever.

  14. jason9696 - Apr 19, 2012 at 11:33 AM

    I’d trade him for some Corona beer.

  15. bcisleman - Apr 19, 2012 at 11:47 AM

    Luongo is still a good goalie, but apparently not good enough to help a team contend for the Cup. Its not just the length of his contract. Its also the fact that he will be 43 when it expires. If he is already no better than 14th in GAA with one of the NHL’s elite squads in front of him, what will he be like in 5, much less 10, years? Any GM who deals for him should be fired. If the Canucks want to shed his contract, they will likely have to hope the new CBA has an amnesty provision as has been suggested.

  16. mgp1219 - Apr 19, 2012 at 12:17 PM

    Perhaps Vancouver could get a set of tires for him then they would have something worth pumping up.

  17. davebabychreturns - Apr 19, 2012 at 12:18 PM

    Maybe we should look at Lou’s trade value in comparison with other franchise goaltenders recently that lost their starting jobs in the playoffs and were subsequently dealt. You know, like Tim Thomas, Carey Price, etc..

    • habsflop - Apr 19, 2012 at 2:48 PM

      I trying to remember where Tim Thomas lost his job in the playoffs and was dealt? 2 years ago he had an injured hip that required surgery in the offseason, and that regular season Tuukka played most of games and 2 rounds in playoffs. Timmy only came back to win Vezina, Cup and Conn Smythe following year

      • davebabychreturns - Apr 19, 2012 at 3:44 PM

        Lou’s “lost his job” (ie. they gave two – probably three now – straight starts to the backup) to about the same extent Tim did that year. You don’t recall the rampant trade speculation?

  18. east96st - Apr 19, 2012 at 12:51 PM

    Too bad he has a NTC. He’s SOOOO much better than Steve Mason and Howson is stupid enough to trade away the second pick in the draft. No way he approves going to Columbus, though. If goalies have their own special hell, it’s inside Nationwide Arena.

  19. esracerx46 - Apr 19, 2012 at 1:27 PM

    3rd round pick, a rusty zambonie, and a new washer and dryer. Heard Vancouvers just crapped out. Didnt someone in the WHL actually get traded for a bus?

  20. kitshky - Apr 19, 2012 at 1:40 PM

    He has 4 years guaranteed at 5.3 million cap hit, a cap hit that’s not only more than acceptable now but will only seem smaller and smaller with each passing year.

    Lou’s been a great goaltender who’s had very few (albiet extremely public) playoff meltdowns playing under the most extreme pressure I have ever seen in my entire life. The bar of excellence that is set for him is perfection or nothing else. This reputation that he chokes in big games is ridiculous, he’s lost big games and won big games.

    He’s still in his prime years and still one of the premier goaltenders in the world, any contending team would be lucky to get him.

    • habsflop - Apr 19, 2012 at 2:41 PM

      see games 3,4,6 & 7 from Finals last year. He is shaky in big games, everyone can see that, he was extremely lucky to win Gold at the olympics, he can thank a stacked Canadian team for that.

      • kitshky - Apr 19, 2012 at 4:07 PM

        So, you take a list of losses and pin them completely on Luongo, well that seems balanced. Ok well lets take a look at some other points in his career…

        As far as the Olympic Gold medal he singlehandedly saved Team Canada from having to go into OT when he stopped Demitra in the dying seconds, and he saved that “stacked Canadian teams” a** again when Neidermeyer coughed the puck up in OT. You want to discredit Luongo’s Gold Medal because of team he was on discredit them all.

        You also fail to mention Luongo backstopping and calming a rattled team to win Game 7 against Chicago (including obviously the pointblank stop on Sharp) as well as him posting 2 shutouts in the Stanley Cup Final.

        I’m not stating these few stats to prove he’s infallable or the best goalie in the world, I’m stating them to back up what I actually said which was he’s won huge games and lost huge games. His career stats and resume speak for themselves.

      • joeyjojoshabadoo - Apr 19, 2012 at 4:24 PM

        Yea any team could have won that tournament with Team Canada, right? Except Martin Brodeur, apparently. Lu played extremely well in the Olympics and was a big part of the win. He doesn’t get credit for it because people love a predetermined narrative and are too stupid to objectively appraise performance, they just go on whether someone has been labelled a “choker” or a “clutch hero”.

  21. thehighcountrybear - Apr 19, 2012 at 5:19 PM

    Roberto’s found his game again: far less flopping, posturing and stronger positional play with a deadly trapper recalling his younger years. Take him away from the circus in Vancouver which itself, has diminished though evident on random nights, put him on a team with a rational coach and honorable team ethic that has Cup potential year in and year out and he’d be good as gold! Unfortunately, the Red Wings have a maturing Jimmy Howard so that option is gone :-) As stated previously, his cap hit is diminishing against climbing cap limits so Luongo is a potential bargain for any team getting close to a serious look at the Cup…say, Edmonton or Toronto?

  22. thehighcountrybear - Apr 19, 2012 at 10:50 PM

    Have to think Luongo’s value went up after watching Cory Crawford tonight…talk about useless?

    • chojamaru304 - Apr 20, 2012 at 10:23 AM

      cory crawford, what a joke. 2 weak overtime goals. Hawks could be up 3-1, not down 3-1.

      Or the combined 10 goals that brzy and bob gave up…..

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