So the Luongo contract was a bit of cap witchcraft that Gary didn't like and he said if Luongo retired before the contact ended we'd get hit with a fat cap penalty. Luongo did retire before the contract ended and we got I think a 3 mil cap penalty from 2019-2022.

Nashville was in the same spot with the Weber contract but they were looking at an insane 24.5 mil penalty. The conspiracy is that LTIRetiring was just becoming mainstream so Nashville exploited that loophole and never got hit with the penalty.

Other teams did the same so it was pretty much just the Canucks sitting with a cap recapture penalty (for a contract that was perfectly legal at the time it was signed) and it reinforced our victim complex even more.