If Carey Price is truly going to LTIRetire how does the money pay out work ?

Does he collect the full money from insurance?
Does he only collect a certain % from insurance?
Do the Habs only pay the full amount?
Do the Habs pay the full signing bonus payout and insurance pays the salary?
Do the Habs and insurance split the full amount cost?
Does Price only get a certain % only?

If Carey Price is truly going to LTIRetire how does the money pay out work ?

Does he collect the full money from insurance?
Does he only collect a certain % from insurance?
Do the Habs only pay the full amount?
Do the Habs pay the full signing bonus payout and insurance pays the salary?
Do the Habs and insurance split the full amount cost?
Does Price only get a certain % only?

Really there no such thing as LTIR retired, He's either eligible to go on LTIR or he retires. And going on LTIR now and for the season doesn't mean, the Has get off without possible cap implications, A player has to try to get medical fit in order to stay on LTIR and Price has four year contract......otherwise he retires.

Tell that to Joffery Lupul, who admittedly didn't even try to get back in Nhl shape.

If you remember the Leafs were more than hoping that he stayed on LTIR. His last summer he was deemed to not medically fit. No, LTIR is not a get out cap hell freebie.
Roberto Luengo retired because he didn't want to go on the strict get to back to health regiment. He retired and the Canucks were stuck with cap recapture penalties.