[News] Mark Giordano Extension Done! 6 years, $40.5 million ($6.75 million AAV)

[Jason14h]

Waiting until UFA to sign could've been disastrous if he were to suffer a massive injury or see his play dip... or both

This is the biggest overlooked factor in 'hometown discounts'

He is getting this guaranteed money NOW, with 1 year remaining on his deal

[hockey.modern]

Touchdown! Mark Giordano landed in YYC

per, @NHLFlames

"Honestly, today, I feel like I did at the start of last season." - #TheCaptain on his recovery

"As a captain, you don't want that to be a distraction." - #TheCaptain on getting his contract extended before the start of the season

"If you would have told me 10 years that I would be where I am today, I would have laughed. It's been a fun ride." - #TheCaptain

[CroFlames]

Let's play some Norris caliber hockey Mark. Lead these young guys to a Cup before their ELCs run out

I Can't wait.

[DionTheDman]

Originally Posted by hockey.modern

When did Gary Roberts de-age by 20 years and become a reporter?

[foshizzle11]

I was thinking Stifler with a comb over.

[GGG]

Originally Posted by Fire of the Phoenix

The bolded is basically the reason it looks like a discount. I look at it as the player loves the city and the team and wants to stay more than he wants to move and uproot his family, even if it costs him a few million. Having the deal signed a year before his current deal expires was also a significant advantage. Waiting until UFA to sign could've been disastrous if he were to suffer a massive injury or see his play dip... or both.

The elimination of risk is a better explanation then a home town discount. He paid 7 million dollars to take away the risk of injury or an off season next year and transfer that risk to the flames.

And he eliminated the risk of going to a situation where he was unhappy. I don't see it so much as a home down discount so much as him knowing he's happy here and removing any risk of jeopardizing it.

[Enoch Root]

Originally Posted by GGG

The elimination of risk is a better explanation then a home town discount. He paid 7 million dollars to take away the risk of injury or an off season next year and transfer that risk to the flames.

And he eliminated the risk of going to a situation where he was unhappy. I don't see it so much as a home down discount so much as him knowing he's happy here and removing any risk of jeopardizing it.

He also removed the risk of making more money

[Five-hole]

Originally Posted by Enoch Root

He also removed the risk of making more money

Keep in mind here we're not talking about an extra 10% or 20% helping a family afford to pay off a mortgage or something. We're talking about the difference between an extremely comfortable lifestyle for the rest of your life vs a marginally more extremely comfortable lifestyle.

That is, the risks of injury and moving to a less enjoyable situation are actually more important given the relatively small impact of excess $ on lifestyle.

[GGG]

Originally Posted by Enoch Root

He also removed the risk of making more money

That's why I said he paid 7 million dollars to eliminate the risk.

[TX_Flame]

Originally Posted by Finger Cookin

Already discussed, the consideration is whether HRR goes up by more than the average club HRR when the league expands from 30 to 32. This wasn't about the expansion fee.

Well, the post I responded to was about the expansion fee. Reread it.

[Huntingwhale]

[Da_Chief]

That's a big hog.

[Bandwagon In Flames]

Originally Posted by Huntingwhale

An Italian putting with a french loaf. There's a joke to be had here, I'm sure of it..

[Poe969]

His new contract is great. He left so much dough on the table they don't know what to do with it!