The one positive from this contract extension is that is basically helps set the standard for what a top-tier player should be receiving; it would be a sliding scale from there.
That said, I should hope that this contract hasn't just inflated contracts with an artificial spike rather than a natural inflation rate.
"We tried to get McJesus....I mean Connor....I mean McDavid, to accept a lower salary to help the team and we succeeded in doing so, he has agreed to an 8-Year, $14M per year deal. And my soul. Oh! And an MTC....a 'Must Trade Clause.' When he wants to get traded we have to do it."
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Brian Wilde @BWildeTBD
Oilers have called a major news conference for 3 pm eastern. It is likely McDavid long term deal. Whisper number is 12.5 per now. #OnVerra
Not sure how reliable.
TSN confirming the news conference at 1:00. Seems a little rushed for the biggest contract in the NHL, but Oilers...
If he and his agent decided to take less than the 13.25M that was initially reported, It's likely gonna mean one of two things:
1. He'll be signing less than an 8yr contract.
2. It'll be heavily bonus structured.
Leave it to the Oilers to mess around with the face of their franchise.
If he and his agent decided to take less than the 13.25M that was initially reported, It's likely gonna mean one of two things:
1. He'll be signing less than an 8yr contract.
2. It'll be heavily bonus structured.
Leave it to the Oilers to mess around with the face of their franchise.
No. The only bonuses a RFA is eligible for are signing bonuses, and these count against the cap.
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One would have to think that if his cap number is coming down, then so is the term.
Or it could have to do with upfront bonus money.
I can see the negotiation - take the $750K haircut ($6 mil over term) and we will pay "x" upfront, so when there is a lockout, instead of you losing $13.25 mil, you will only lose "x" million
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who knows, maybe Chia say across from McDavid and cried real tears about how they wanted to keep him and Drai. So McDavid said, sure man, take 750 grr off. I'm sure Drai will take less cause we're building something special.
So they'll announce the 12.5 for McDavid, then Drai will enter the press conference to
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