[Signing] Chicago signs Toews and Kane to 8 yr contract extensions ($10.5 mil AAV EACH)

[Huntingwhale]

Crazy amount of money, but they bring it every night and have the cups to prove it. I will gladly take 2 contracts like that on the Flames, even if it hurts us down the road, if it means going to 2 Stanley Cup parades.

[PeteMoss]

Originally Posted by thefoss1957

Local endorsement money in Chicago is also considerable...they both pitch Chevys and do commercials for Ferrara-Pan Candy Company (Lemonheads...a lemon drop hard candy)...and God/Allah/Elvis/Buddah knows how much they make from personal appearances. These opportunities are more limited in smaller markets...there is some incentive to take a million or two less to stay in big markets, it can be made up with supplemental monies, and for big enough names, the endorsements keep rolling in well into retirement.

I think this more depends on the particular market rather than market size. Miami is a much bigger market than Winnipeg but I'm sure there is much more endorsement money in Winnipeg because no one cares about hockey in Miami.

[saillias]

Seems doubtful they will ever repeat as SC champs now. Not sure why neither took even a drop of a discount. Same team, same group, except now their top 2 players are taking a huge chunk of their salary cap.

[Jacks]

Originally Posted by saillias

Seems doubtful they will ever repeat as SC champs now. Not sure why neither took even a drop of a discount. Same team, same group, except now their top 2 players are taking a huge chunk of their salary cap.

While they didn't take a big discount both of them probably left about 1M/year x 8 years on the table. If they hadn't re-signed there are plenty of teams that would have cleared cap room next year to make one or both of them an offer.

Edit: I suppose other offers would have been 7 years max not 8.

[EldrickOnIce]

The Hawks will certainly be one of the odds on favourites to win next season.
Speculation beyond that at this time is, well, simply speculation...

[Northendzone]

i am assuming that toews will use some of his new found wealth to get himself a hotter girlfriend and perhaps buy some land to go along with the lake in manitoba that is named after him......

[Parallex]

Originally Posted by saillias

Not sure why neither took even a drop of a discount.

Versus what both of them likely would have gotten in unrestricted free agency they did take a discount in terms of AAV.

[EldrickOnIce]

Originally Posted by Northendzone

i am assuming that toews will use some of his new found wealth to get himself a hotter girlfriend and perhaps buy some land to go along with the lake in manitoba that is named after him......

Haha - will take some doing

[thefoss1957]

Originally Posted by PeteMoss

I think this more depends on the particular market rather than market size. Miami is a much bigger market than Winnipeg but I'm sure there is much more endorsement money in Winnipeg because no one cares about hockey in Miami.

Pete...No Doubt...but Chicago is largely a Bears/Blackhawk's town...the endorsement opportunities are huge, locally, PLUS, being recognizable in a top 5 US market, hockey or otherwise, means National possibilities for endorsement bucks...Slap a Blackhawk jersey on Kane, and even an old lady in S. Florida might have a clue who he is. A guy who played his whole career in Winnepeg, just wouldn't have the same Q rating in the US market.

[thefoss1957]

Originally Posted by saillias

Seems doubtful they will ever repeat as SC champs now. Not sure why neither took even a drop of a discount. Same team, same group, except now their top 2 players are taking a huge chunk of their salary cap.

IDK...Saillias...a couple of 50/50 calls go the 'Hawks way, like an offside or a goal disallowed for a high stick (three of these kind of calls went the Kings way on GTG or GWG plays), and the 'Hawks advance instead, this passed season. The 'Hawk top line guys are still pretty darn good, Crawford does have a SC Championship on his resume, and losing the likes of Versteeg or Bickell would only be a positive, in the minds of many 'Hawk fans. (And to the Flame fans that want to see Vesteeg in Calgary are INSANE! The guy has NOT recovered, IMO, from his knee problems, and seems to have not progressed in "Hockey Smarts")

[jesters91]

By the way, did you notice that Jonathan Toews and Patrick Kane both structured their respective eight-year, $84 million extensions that kick in with 2015-16 — at $10.5 million cap hits per — so they are both due only $2 million in salary for 2020-21 (plus $5 million in signing bonuses), by far the lowest base of the contracts?
That is because 2020-21 is set to become the next lockout season.

http://nypost.com/2014/07/12/rick-na...ng-the-garden/

[neo45]

^smart of them

[mister__big]

Originally Posted by neo45

^smart of them

Smart of their agent(s), actually. Players usually don't pay attention to the nitty-gritty details like this, that's why they have agents to do this kind of deal structuring work for them.

[Vulcan]

I think Conroy got payed during the 04/05 lockout when he signed with the Kings.

[Textcritic]

Originally Posted by Vulcan

I think Conroy got payed during the 04/05 lockout when he signed with the Kings.

How was that even possible?

[Arya Stark]

Being injured before the lockout is one way to still get paid. Another way is if you were bought out. Not familiar with the Conroy situation in 04 but I'm assuming he was injured?

[FireGilbert]

Conroy got paid for the same reason Toews and Kane would get paid if there is a lockout in 2021. The lockout didn't officially start until September 16, 2004 so anyone who was owed a signing bonus that season received it before the lockout took place.

I believe Conroy would have re-signed in Calgary but Sutter refused to sign any new contracts until there was a new CBA. You can't really blame him for taking the guaranteed money in LA.