[Signing] CBJ signs Werenski (3 yrs, $5mil AAV)

[getbak]

Originally Posted by jayswin

The one year deal to sign a big deal next year to help this year's cap situation is mostly a fan invention that never happens with star players.

https://www.capfriendly.com/players/kevin-labanc

[Strange Brew]

Originally Posted by getbak

https://www.capfriendly.com/players/kevin-labanc

And Labanc is a fool for signing that contract.

[JackIsBack]

Originally Posted by Strange Brew

And Labanc is a fool for signing that contract.

Yep... anything could happen. I know that he is being loyal and wanted them to have room to sign Thornton and maybe even Marleau - for a cup run.... but that's too risky and too low... if he has a career ending injury or regresses during the season, he could just be screwing himself.

[jayswin]

Originally Posted by getbak

https://www.capfriendly.com/players/kevin-labanc

I said almost never happens with star players. Yes, that was one example of a player doing it and if anything it's an even weirder example as he didn't even take market value for the one year.

[Canada 02]

Originally Posted by The Fonz

Maybe we see something similar for Tkachuk:

$6.00M in years 1, 2, & 3
$9.00M in year 4

4 Years @ $6.75M AAV

Giordano's contract expires at the end of 2021/22.
Tkachuk becomes the highest paid Flame the following season, 2022/23, @ $9M.

What would his QO need to be at the end of the deal?

$6.75, $6.75, $11 for next 3 years

[bettercallbettman]

Originally Posted by CorsiHockeyLeague

lolwut?

Are you trying to convince us that you just picked up a copy of the CBA to work to confirm Tkachuk's RFA status?

Lmao. It’s 2019 mate.

[ricardodw]

Originally Posted by Canada 02

$6.75, $6.75, $11 for next 3 years

So that would be 24.5 over 3 years (8.16 cap hit) and a default of at least 11 M for the 4th year qualifying offer

35.5 over 4 8.875 per season

Say the qualifying offer was 2 x11 ... the least it could be which would make it 46.5 over 5 9.3 x 5


A much better deal than Aho 8.45 x 5 without an offer sheet!!


The only "advantage" for the Flames is that they could let Tkachuk become a UFA after 3 years if isn't worth 11M in year 4.

[SportsJunky]

Starting to see reports that Provorov could sign a similar 3 year deal.

[Enoch Root]

Originally Posted by Canada 02

$6.75, $6.75, $11 for next 3 years

That would be a horrible deal for the Flames. If I am Tkachuk, I sign that immediately.

$24.5M for 3 years, plus a qualifying deal of what? $12.1M? (are qualifying offers 10% more than the prior year?)

That means $35.5 - 36.6M over 4 years, and then Tkachuk is a free agent at 26.

If the Flames offered Tkachuk $9M over 4 years, he would not be able to sign it fast enough. Your deal is fundamentally the same thing.

Pinder presented a similar contract yesterday on Who Says No, but he failed to realize that if you have a high salary in year 3, as an enticement for the player, then all they have to do is take the 1-year qualifying offer to make it a very attractive 4-year deal with instant free agency.

[powderjunkie]

The player would still have plenty of reasons to consider a long term deal instead of the 1 year QO (though not very many reasons if the QO is $11M).

An interesting element to Tkachuk is that his dad earned ~$80M+, aka. generational wealth. In no way does it affect his desire to maximize every penny of career earnings, but his risk tolerance may be different than an individual of more modest means (also better ability to pay insure against probable future earnings if he opts for a shorter term this time). It might also mean that his priorities are a little different than most (preferring to control his destiny/location sooner instead of maximizing financial security).

The next CBA is another big element of uncertainty that could have big impacts to market conditions. Perhaps they will sort out a CBA extension this week, but otherwise a 2 year deal would put him an interesting position to either insulate himself against CBA changes, or to capitalize on a changing environment (TV deal).

[GioforPM]

Originally Posted by powderjunkie

The player would still have plenty of reasons to consider a long term deal instead of the 1 year QO (though not very many reasons if the QO is $11M).

An interesting element to Tkachuk is that his dad earned ~$80M+, aka. generational wealth. In no way does it affect his desire to maximize every penny of career earnings, but his risk tolerance may be different than an individual of more modest means (also better ability to pay insure against probable future earnings if he opts for a shorter term this time). It might also mean that his priorities are a little different than most (preferring to control his destiny/location sooner instead of maximizing financial security).

The next CBA is another big element of uncertainty that could have big impacts to market conditions. Perhaps they will sort out a CBA extension this week, but otherwise a 2 year deal would put him an interesting position to either insulate himself against CBA changes, or to capitalize on a changing environment (TV deal).

Tkachuk's dad also was a tough, and sometimes improper, contract negotiator. So that family history runs both ways.