The Florida Panthers offered Roberto Luongo a five-year $30 million contract.
In turn, Roberto and his agent said no thanks, call us when the season is over.
I'm sure it didn't escape Luongo's notice that Devils goalie Martin Brodeur just signed a six-year $31 million contract extension, essentially setting the market rate for an elite goalie.
Which means the Panthers think Luongo is worth a little less than $1 million per season more than Brodeur, but Team Luongo thinks they can do better.
I think they have a good argument. Nobody in the NHL faces more shots (2nd place Olie Kolzig is 342 behind), and nobody in the NHL has more saves (2nd place Tomas Vokoun is 319 behind). Sure, he's only 7th in save percentage, but can anyone honestly believe that all but a handful of goalies would be shellshocked in short order behind Florida's pourous defense?
You'd have to say that Luongo has the Panthers over a barrel. So after getting stiffed, what should Florida GM Mike Keenan's next move be?
At anything more than $6 million per season, Luongo is going to consume a big chunk of any team's salary cap. So, though the argument can be made that Luongo is the best goalie in hockey, his salary is going to make building the rest of the team around him more than a little problematic.
Luongo can't become a free agent until the end of the 2006-07 season, and is scheduled to make $3.2 million next year. This helps Keenan, because if he lets it leak that he might want to move Luongo before the March 9 trade deadline, he won't have to settle for a fire sale price.
Anybody who acquires Luongo now gets the one of the best goalies in hockey to anchor a Stanley Cup run, and another season at an economically sensible $3.2 million. Sounds like a good deal to me.
As for Keenan, his Panthers are almost at the bottom of the Southeast Division, staring up at Carolina, Tampa Bay and Atlanta -- three teams that are on the upswing, and look to be there for a while. Sure, head coach Jacques Martin's team is only four points out of a playoff spot, but is the race for 8th and an opportunity to get crushed in 4 games by either Ottawa or Carolina really something to look forward to?
Here's how Sports Illustrated's Allen Muir saw it a few days ago:
More than anything, the Cats need to convince Roberto Luongo that the future is bright and nearer than he thinks. That means not moving a veteran presence like Joe Nieuwendyk or Gary Roberts unless the return is staggering and promises to improve the team immediately. If [Olli] Jokinen can't be signed to an extension, he must be moved before the deadline in order to get some sort of value out of this prime asset. There'll be plenty of suitors for his type of talent, so that return could be fairly lucrative.
Well, it certainly looks like Luongo has decided to wait to see what el jefe de las panteras has in store for the future before he signs another contract. But if there isn't any long term hope, and little chance of convincing Jokinen, who after all last time I looked was Florida's captain, why stop with just trading him?
Heck, if I were Keenan, I'd pack all four of those aforementioned players out of town in exchange for boatloads of young, cheap talent, and then get ready for the draft lottery. Then again, trading experience for youth isn't exactly SOP for Iron Mike.
Stay tuned.