Derek Leung/Getty Images
Luongo is likely finished in Vancouver.
Salary Information: $5,333,333 through 2021-22
Roberto Luongo is ready to get traded.
Luongo admitted that his contract sucks when he met with the media after the trade deadline passed, and there are two ways that he could become available this summer.
The No. 1 option for general manager Mike Gillis will be via trade. The Canucks will hope to get as much as they can for Luongo, but with a terrible contract and a no-trade clause, Luongo holds all the cards.
This could complicate things, and if a deal is not made, the Canucks may simply have to take drastic action.
If the Canucks can't move him, they might have to use an amnesty buyout. The Canucks are going to enter salary cap hell this summer, and buying out Luongo would free a ton of salary cap space. it would not be a popular option, but if there are no takers for Luongo, it may be the only option.
Either way, it appears that Luongo will not be a Vancouver Canuck next season.