Reports Shane Doan has signed four-year $21.5 million extension with Coyotes

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The Canucks were hoping a gold-medal winning veteran with a cap hit of about $5 million would be reporting to training camp this month.

And it’s true, one is planning to. But he’s the wrong one.

Roberto Luongo may be in Vancouver next week and prepared to report to camp, if camp ever happens. So he’s in. For now. But Shane Doan appears to be out, according to reports which have him agreeing to a four-year, $21.5 million extension with the Phoenix Coyotes, pending the completed sale of the club to Greg Jamison.

The Canucks had tabled a similar offer, though the money wasn’t quite as much, and still believe they have the best chance to be Doan’s Plan B. But that Plan B is disappearing faster than those polar bears on Lost.

Doan represented an opportunity to significantly and instantly improve the Canucks, which explains why they were pursuing him with a courtship which included a dinner at the city’s Italian Kitchen.

Doan kept saying it wasn’t about the money, and it hasn’t been as the Phoenix deal is significantly less than the $30-million contract he was offered.