Roberto Luongo Trade Update: Canucks Decide to Retain Star Goalie

Tyler Conway@jtylerconwayFeatured ColumnistApril 3, 2013

VANCOUVER, CANADA - MARCH 18: Goalie Roberto Luongo #1 of the Vancouver Canucks keeps an eye on the puck after making a save against the Minnesota Wild during the first period in NHL action on March 18, 2013 at Rogers Arena in Vancouver, British Columbia, Canada.  (Photo by Rich Lam/Getty Images)
Rich Lam/Getty Images

On a day when teams throughout the NHL have been in the headlines for swapping players at a torrid pace, the Vancouver Canucks are making waves for the move they decided against making.

According to TSN's Bob McKenzie, the Canucks decided against trading goalie Roberto Luongo and he will stay in Vancouver for at least the remainder of the 2012-13 season:

Luongo, who was once seen as a franchise goalkeeper by the Canucks, has fallen out of favor over the past couple of seasons.

The 33-year-old (who will be 34 on April 4) was benched for the final three games of Vancouver’s first-round matchup against the Kings last season in the playoffs and has struggled to supplant Cory Schneider as the favored man in net following the lockout.

Schneider and Luongo have essentially split the goaltending duties this season and have worked together as a top-tier duo.

Vancouver ranks ninth in the NHL in goals allowed at 2.4 per game, and much of that can be attributed to its ability to keep its goalies fresh.

Nevertheless, Schneider has been better for each of the past two seasons overall and is seen as the preferred option by the franchise—especially with Luongo's contract looming over like an albatross. Luongo is still early in his 12-year, $64 million contract that runs through the 2019-20 season, which places him as a rich man in an increasingly frugal sport.

Luongo even acknowledged his contract is a problem and indicated he would "scrap it" if he could, per Nick Cotsonika of Yahoo! Sports

With Vancouver desperately needing help scoring-wise and Luongo's long-term deal eating up Vancouver's cap, many viewed him being dealt as a foregone conclusion.

But the team's acquisition of Derek Roy freed up some of the scoring burden on the Canucks, and apparently they were unable to find an amenable trade prior to the deadline.

Nevertheless, this seems like a trade that has only been put on hold—not scrapped altogether. Luongo remains a part of the Canucks' present, but his future with the club after this season remains very much up in the air.