[Rumour] Giordano Extension. Kypreos: Starting point is $72 million over 8 years

[ricardodw]

Originally Posted by TOfan

9 million for the first 2-3 years seems a bit high, but it's reasonable. Gio's been underpaid for 3-4 years now. paying him highly for the first few years goes a long way in keeping him happy and works for the salary structure till the big money kicks in for Monahan, Brodie, Gaudreau, Bennett....

in 2012-2013 Gio had 15 pts in 47 games and was a -7... he was paid just over 4m for that season... Wideman had 22 pts in 46 games and was -9 getting 5.2M. After that season it was widely opined on CP that Wideman was untradeable and had one of the worst contracts in Flames history. Gio was definitely not overpaid at 4M in 2012-13


for the 2014 Olympic team he was talked about as a possibility if there were injuries... He was behind Jay Bouwmeester who had just extended with the Blues at 5.4 M Gio's 4 million in 2013-14 might have been 500k light but not enough to call it a huge bargain for the Flames.

Gio was underpaid last season 2014-15 but prior to his play last year nobody had him in the list of top 10 d-men in the league.

[BigTuna]

Originally Posted by DJones

How do you figure that?

The minute PK Subban got 9 million, Gio was going to ask that.

All top D-Men wil ask for that as a starting point. Just like Stamkos' starting point will be 10.5 million per.

[Dr. Doom]

Hahahahaha

If this rumor is indeed true, see ya later buddy!

There's no way we sign him to anything above 8 at his age and even then I'm more inclined to say 7-7.5.

It's not like he's proven himself year after year and he's getting older.

I hope this is false otherwise dangle him out there asap.

[DJones]

Chara is the only other mid 30's big contract Defense I can find and he got a little under 7.

That should be the comparison used. His contract isn't looking great right now either.

[Aarongavey]

Originally Posted by shermanator

Man, how good does Duncan Keith's deal look right now (13 years $72 mil)? 5.5 per will be a little rough near the end of the deal, when he's 39 years, but right now it's an absolute steal.

I doubt that contract will ever hurt, in the last year it will be around 6 percent of the cap limit in all likelihood (assuming around a 3 percent bump in the cap per year). It will be like paying a dman 4 million a year in today's dollars

[BrownDrake]

For 2017-18 Assume the following:
Gio - 8.5
Brodie - 4.65
The Trio (Gaudreau/Bennett/Monahan) - 18.0
4th Forward - 5.0
3rd Defenseman - 4.0

Total - 40.15 on 7 players

Would be third behind only Chicago/Minnesota for highest cap hit on top 7 skaters and they are in cap trouble trying to unload big contracts.

Cap isn't going up forever.

[Tacopuck]

Originally Posted by skudr248

#### that's a lot of cheese burgers, 9 Million Cheeseburgers in fact at Mcdonalds in the states.



Whos hungry? I am

Calling Mr. Kessel

[lifetime_flamesfan]

I seem to recall that not only 2 years ago, there was a lot people on CP ready to trade Gio. Now it seems he is indispensable somehow. Don't get me wrong I think he's done a great job for the team this last year and a half and has been a great captain as well.

I don't think he'll end up with $9 mill/year, but I would dare venture to say that anything over AAV $7 mill/year is an overpayment for a guy that has played great for such a short period of time.

What happens if Gio signs for AAV $8.5/year for 4 years and then hovers around the 40 point mark for the length of that contract (which according to the last 3 or 4 full regular seasons would put him anywhere between 20th to 30th in defenseman scoring)? there are a lot of defensemen in that range that make considerably less than an AAV $8.5 mill. I think people will start to talk trade again.

or is the higher salary more for leadership than scoring?

[Buck Murdock]

His stock couldn't be higher right now...if he wants that amount lets get OEL and the 3rd overall for hudler, Gio and #15.

[BigTuna]

Originally Posted by DJones

Chara is the only other mid 30's big contract Defense I can find and he got a little under 7.

That should be the comparison used. His contract isn't looking great right now either.

No. That's too long ago.

[DJones]

Originally Posted by BigTuna

No. That's too long ago.

Only 3 years ago. Even add 3% a year. Still only 7.55

[skudr248]

Honestly though, that is way to much.

[Imported_Aussie]

9M per - maybe on a 2 year deal...

I would say 7.5-8M per on 4 years, higher cap hit for a shorter term

[Parallex]

Originally Posted by BigTuna

The minute PK Subban got 9 million, Gio was going to ask that.

... and if Mark Giordano was a 25y.o. already-won-a-Norris defenseman I'd have no problem giving it to him. But he ain't so I do.

[Hack&Lube]

Do a Kipper-like contract and front-load the thing while he is still capable. Have smaller amounts for future years.

[CalgaryFan1988]

The dollar amount doesn't mean much, it all comes down to term.

[Vinny01]

Huge no to that asking price. He hasn't even been nominated for a Norris. He has played like a Norris contender 2 years in a row but couldn't get in the top 3 by missing a quarter of the season both years.

Long term 5 years $6M or 2 years $7.5M. We could get a ton for him in a trade that is an option if he wants term and cash like this

[JohnnyT]

Also have to remember that Gio's injury this year was a freak accident that rarely every happens in hockey, its not like he got hit by a routine check and shattered a bone.

[TOfan]

Originally Posted by ricardodw

in 2012-2013 Gio had 15 pts in 47 games and was a -7... he was paid just over 4m for that season... Wideman had 22 pts in 46 games and was -9 getting 5.2M. After that season it was widely opined on CP that Wideman was untradeable and had one of the worst contracts in Flames history. Gio was definitely not overpaid at 4M in 2012-13


for the 2014 Olympic team he was talked about as a possibility if there were injuries... He was behind Jay Bouwmeester who had just extended with the Blues at 5.4 M Gio's 4 million in 2013-14 might have been 500k light but not enough to call it a huge bargain for the Flames.

Gio was underpaid last season 2014-15 but prior to his play last year nobody had him in the list of top 10 d-men in the league.

I would take that with some context in mind. the shortened season you still had a lot of guys from the previous regime(s) lingering around. The flames were not a good team. different dynamic/different time.

Since then Gio has emerged as 'the guy' on and off the ice. if he were 3 years younger, 9 per is a lot easier to swallow. Gio-Brodie are an elite tandem, and that shouldn't change over the short term.

Gio is an important piece, personally I see them settling in the 8-8.5 range for the first few years of the deal, and maybe it is only a 3 year 24-27 million dollar deal, but he's earned it and he's worth it to this team.

If it is 9 for the short term, I won't be complaining. Further, it sends a message to the league that the Flames aren't afraid to reward their players.

[Finger Cookin]

Originally Posted by lifetime_flamesfan

I seem to recall that not only 2 years ago, there was a lot people on CP ready to trade Gio. Now it seems he is indispensable somehow. Don't get me wrong I think he's done a great job for the team this last year and a half and has been a great captain as well.

I don't think he'll end up with $9 mill/year, but I would dare venture to say that anything over AAV $7 mill/year is an overpayment for a guy that has played great for such a short period of time.

What happens if Gio signs for AAV $8.5/year for 4 years and then hovers around the 40 point mark for the length of that contract (which according to the last 3 or 4 full regular seasons would put him anywhere between 20th to 30th in defenseman scoring)? there are a lot of defensemen in that range that make considerably less than an AAV $8.5 mill. I think people will start to talk trade again.

or is the higher salary more for leadership than scoring?

There's no question the team's performance with Giordano as captain is a big part of Giordano's popularity. That popularity is going to take a hit the instant this extension is signed, regardless of term. You can see it starting to happen already in this discussion.