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8 million per over 5 with a full NMC (IMO) is the minimum he settles for here....and rightfully so as that is the cost of business in the NHL now.
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Agreed, BUT if Gio wants 5 he is basically signing his last real $$ deal. So structuring it into a 6-7 year deal just gives Flames more cap.
Can always trade a 4 million real money 7 million cap hit to a team in the last deal if required.