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

[driveway]

I'm not surprised at Gio's ask and his desire for a 'retirement contract' but I'm hopeful the Flames can do something short term. My original idea for him was a $30 million, 3-year contract, followed by a lower-dollar, long-term retirement deal.

Regardless, do whatever it takes to keep Giordano. Whether or not he remains the best defenceman in the NHL, his attitude and leadership alone would be worth 4.5 million a season if he lost both his feet.

[jemjey]

Originally Posted by nik-

Also, the recent use of "ask" as a noun is ####ing annoying.

I wouldn't call it recent... verbs are often used as nouns in this way. It's called nominalization.

[scotty2hotty]

Originally Posted by jemjey

I wouldn't call it recent... verbs are often used as nouns in this way. It's called nominalization.

I'll give you the agree on that one.

[Erick Estrada]

The Flames have him under contract for the coming season and it's very probable that he's going to start to decline at the expiry of the deal due to age and the fact that he hasn't exactly been a durable guy. When I see fans saying he's going to get 5 or more years in a deal I get really worried. I love the guy but I never get emotionally attached and I would think Treliving isn't either as you can't fall in love with your guys and blindly open the check book as there's a bigger picture. I think they will get a deal done and it's probably going to be somewhere in the middle of the term and money being thrown around.

[Schultzie]

Go back to Russia.

[browna]

Nice to see the agents earning their pay, leaking this info to the insiders who are hungry to be first to the post with a story....you can certainly tell that this wasn't coming from the Flames side.

And, using the NHL awards as their forum to get the most play. Not sure if Flames are too thrilled with Winter publicly bringing them into negotiations; especially as its the captain, the fact that its very early in the process and the player and the team want to get a deal done (not as if they are trying to force the Flames hand yet), and its $9m a year, so you're not going to get a lot of sympathy (if that's what the aim is from the agent)...

[Nehkara]

5 Year contract

$9 million (33 years old)
$8 million
$7 million
$6 million
$5 million (37 years old)

AAV: $7.0 million

Just my thoughts.

[Flash Walken]

Originally Posted by Nehkara

5 Year contract

$9 million
$8 million
$7 million
$6 million
$5 million

AAV: $7.0 million

Just my thoughts.

Honest question:

Are there any 38 year old players in the NHL making 7 million?

I guess there are a couple making 6 (St. Louis, Dan Boyle).

Anyone else?

[browna]

Originally Posted by Flash Walken

Honest question:

Are there any 38 year old players in the NHL making 7 million?

I guess there are a couple making 6 (St. Louis, Dan Boyle).

Anyone else?

Also have to think of it as relative to the cap at the time of signing.

So are there any 38 year olds who make 10% of the team's cap at the time of signing?

So when the cap was $59m 5 years ago, was anyone going to be making $5.9m when they were then to be 38?

[MrMastodonFarm]

Originally Posted by Flash Walken

Honest question:

Are there any 38 year old players in the NHL making 7 million?

I guess there are a couple making 6 (St. Louis, Dan Boyle).

Anyone else?

Probably not but you missed a couple things.

A) He'd be 37 when that 5 year contract ended.
B)He'd be making 5 million in the last season. Cap Hit ≠ Season Salary

[Flash Walken]

Originally Posted by browna

Also have to think of it as relative to the cap at the time of signing.

So are there any 38 year olds who make 10% of the team's cap at the time of signing?

So when the cap was $59m 5 years ago, was anyone going to be making $5.9m when they were then to be 38?

Elias?

[browna]

Originally Posted by Flash Walken

Elias?

Richards the next year for sure (and Flames offered more than what he got).

And my guess for Gio? $7.5 average for 5 or 6 years.

[OldDutch]

Great player, lovable guy, the captian of the team. Bottom line we made the playoffs without him at the hardest part of the season. Yes he was the team's motivation, but really these guys should know they can win with what they have.

I hope he signs a reasonable deal here, but if he starts playing hardball I am all for a trade. We'll get good assests back for a guy who will be on the decline a few years out. Hope the Flames remind Winter of that.

[Drury18]

Originally Posted by Flash Walken

Honest question:

Are there any 38 year old players in the NHL making 7 million?

I guess there are a couple making 6 (St. Louis, Dan Boyle).

Anyone else?

Zdeno Chara

[VladtheImpaler]

You win by paying guys for what they are going to do, not what they've done. There is a reason you can't build winners with UFA's - only one guy (Chara) has been worth the money. An 8 million Giordano for 5+ years starting at age 33 is (far more likely than not, given human physiology) not a good idea for this team. Sure, he "deserves" it and he would get it as UFA, but that doesn't mean we have to pay it. If you want to get on top and stay on top in the cap era, you have to be the Patriots - ruthless when it comes to bang for the buck. We already f'ed up the Iginla situation because of sentiment - can't let sentiment force you to devote 8 million to a 38 year-old (who is injury prone to boot. I would much sooner give 8 years to Monahan...

[MrMastodonFarm]

Originally Posted by Drury18

Zdeno Chara

There aren't a lot of 38+ year old players in the NHL but the ones that are tend to make decent coin.

Elias (39) - 5.5
Gonchar(41) - 5
St. Louis(40) - 5
Chara(38) - 7
Vishnovsky(38) - 6

Other guys at 38 hovering just below 5 million a season like Doan 4.55, Boyle 4.5, and Mitchell at 4.25

[MrMastodonFarm]

Originally Posted by VladtheImpaler

You win by paying guys for what they are going to do, not what they've done. There is a reason you can't build winners with UFA's - only one guy (Chara) has been worth the money. An 8 million Giordano for 5+ years starting at age 33 is (far more likely than not, given human physiology) not a good idea for this team. Sure, he "deserves" it and he would get it as UFA, but that doesn't mean we have to pay it. If you want to get on top and stay on top in the cap era, you have to be the Patriots - ruthless when it comes to bang for the buck. We already f'ed up the Iginla situation because of sentiment - can't let sentiment force you to devote 8 million to a 38 year-old (who is injury prone to boot. I would much sooner give 8 years to Monahan...

It's easy to be ruthless in the NFL when you can cut a player lose at any moment during the contract.

Think the Flames are fine signing Gio to a be deal for 4-5 years. Monahan, Bennett, Gaudreau will all need new deals in that time frame(obviously) but signing them won't eat up any UFA years yet. Signing Gio to that deal won't cripple us, it will only add 2-3 million on top of the 4 million cap hit he already eats up.

Big money coming off the books at 36-37 is fine for Gio.

[dammage79]

I don't like the opening salvo of 9m a year. Term isn't being made mention of yet.

I was hoping for a good retirement contract around 6y x 6.5m or 7m and it may pan out that way in the end too but I'd be worried if the years or dollars went any higher.

Heck, 6 years is stretching it a bit too far for my liking. Would love for it to be around 4 years. If you have to bump up to 8m a year to keep the term low, sure.

I just hope this doesn't turn sour.

[Frank MetaMusil]

Giordano has one career playoff point. Will 9 million help improve that?

[CaptainYooh]

I always question the validity of these rumours. How the heck can anyone know the true "ask" (I hate the use of this word as a noun too) other than a player, an agent and a GM? Them three are all supposedly doing the negotiation in strict confidence. There is a certain level of professional trust involved. GM would not leak it, it's not in his favour. That leaves an agent and/or a player. A player would not leak it to the media, it's unprofessional. That leaves an agent. Why would an agent purposely leak this information to the media? Say, they want to anchor the negotiations at a higher number to get to a lower target number by the end of the negotiations, which is perfectly fine. Leaking it does not advance their position one bit. If the GM says "sorry, no deal", they (player/agent combo) would totally lose credibility of their initial position in the next round of negotiations with another team.

I think Giordano will get around $7M/yr in Calgary for no more than a 4-year term.