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Canucks-Luongo Have Reached Deal On Extension - In Principal *UPDATED*

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According to Sportsnet, the Canucks and Roberto Luongo will agree to a deal before the September 13 deadline set by Roberto himself. There's just some minor tweaks that they are working out. If Sportsnet is correct we can expect an announcement soon. Excuse my cautiousness, but I'm not going to jump up and down until it is officially done.

*Update* The Vancouver Sun has contacted Mike Gillis, who is fishing on the Queen Charlotte Islands, and Gillis refused to confirm the story.

"I'm not confirming and I'm not commenting on that but I remain confident we'll have an agreement in place before training camp," he said.

Gillis then closed his cell phone and was attacked by a bunch of naked hippies.

*Update* Sept. 1: Luongo, who is still in Montreal told the French CBC site: "I can not confirm anything for now, but I can tell you it's going very well in the negotiations," Luongo called the 10-12 year length "possible". More on that here.

Is this really news? M'eh, not really. I don't care if it is or isn't. I'm getting excited about the potential deal! I hope Gillis goes the 10-year route with the front-loaded contract and an overall cushion on the average yearly cap hit.