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Old 07-09-2015, 05:59 PM   #621
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It would be interesting to see if a team would make a stupid offer for Gio if he did hit the market. I think GMS are starting to smarten up and realize how much these deals can hurt you and how difficult they are to move. Guys like Tarasenko and O'Reilly got paid but they are still very young. We all thought Glencross would get a dumb deal but now it looks like he will have to take whatever is there. Obviously Gio is a bit different since he is a stud dman but it wouldn't overly surprise me if no team was willing to shell out a huge deal that paid him big bucks in to his late 30s and early 40s. Unfortunately there wasn't a similar comparable this off season to test things. All we can do is hope Gio is reasonable.
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Old 07-09-2015, 07:49 PM   #622
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One thing that is almost certain. The weight of a big contract ruins some players (clarkson). Gio is kind of guy that seems like he could handle the contract and live up to the expectations that come with it.
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Old 07-09-2015, 08:39 PM   #623
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One thing that is almost certain. The weight of a big contract ruins some players (clarkson). Gio is kind of guy that seems like he could handle the contract and live up to the expectations that come with it.
This is true, I would never wonder if Gio would change as a player for the worse due to financial security, but with him it's his body and age that will end up making any long term, big money contract hurt.
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Old 07-09-2015, 08:48 PM   #624
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I say give him a max length 50M dollar contract. 6.25 cap hit for 8 years.

I think at Gios age, that's probably the most he'll be offered.

It fits the Flames internal cap structure too considering what Brodie and Hamilton make.
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Old 07-09-2015, 09:27 PM   #625
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I say give him a max length 50M dollar contract. 6.25 cap hit for 8 years.

I think at Gios age, that's probably the most he'll be offered.

It fits the Flames internal cap structure too considering what Brodie and Hamilton make.
No thanks,
Let's not pretend he won't be 33 when this contract kicks in.
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Old 07-09-2015, 09:47 PM   #626
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I would like to see a 5 year deal which would take him until he is about 38.

Average cap hit of about 6.5 That is realistic.

A 8-9 million per year deal for 5 or more years is insane, and will tie the hands of the hockey club.

Gio is a beauty and a big part of the team. Calgary needs him, but theres a price for everyone, and a price too high for every team to pay to keep someone. I would hate to see the average hit over 6.5
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Old 07-09-2015, 11:04 PM   #627
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I can't see a Norris candidate getting less than 7
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Old 07-10-2015, 09:29 AM   #628
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I would like to see a 5 year deal which would take him until he is about 38.

Average cap hit of about 6.5 That is realistic.

A 8-9 million per year deal for 5 or more years is insane, and will tie the hands of the hockey club.

Gio is a beauty and a big part of the team. Calgary needs him, but theres a price for everyone, and a price too high for every team to pay to keep someone. I would hate to see the average hit over 6.5
Same with me. 7 at the absolute most, but even then that might cause us problems. And for those saying that anything under 7 is unreasonable, remember that is in USD. Gio lives in Canada and with how the dollar is now, 6.5 suddenly becomes 8.2 Canadian. That's more then fair for a guy his age.
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Old 07-10-2015, 09:32 AM   #629
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I can't see a Norris candidate getting less than 7
Good thing he's never been nominated then.
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Old 07-10-2015, 11:02 AM   #630
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How about a 4 year contract $6 million AAV, $24 million total.

But structure it as a $20 million signing bonus and 4 years at $1 million per.

Short term, reasonable AAV, but Gio gets $20 million today before the contract even kicks in. Time value of money might make this an acceptable deal for Gio.

Win-win?
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Old 07-10-2015, 11:07 AM   #631
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How about a 4 year contract $6 million AAV, $24 million total.

But structure it as a $20 million signing bonus and 4 years at $1 million per.

Short term, reasonable AAV, but Gio gets $20 million today before the contract even kicks in. Time value of money might make this an acceptable deal for Gio.

Win-win?
You can't structure a contract like that. Signing bonuses are applied in the year they're paid, so that would be $21 million for the first year and $1 million for the next three. That would violate both the single player-single season limit and would also exceed the allowed season-to-season decline and the maximum-minimum decline for the contract.
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Old 07-10-2015, 11:11 AM   #632
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Good thing he's never been nominated then.
He hasn't been a finalist, but he's been nominated
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Old 07-10-2015, 11:12 AM   #633
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You're probably right, but didn't someone just sign a contract like that?

Maybe I heard wrong, or it was misreported.
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Old 07-10-2015, 11:12 AM   #634
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Technically, because of the way award voting is done, Chris Butler has been "nominated" for the Norris.
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Old 07-10-2015, 11:21 AM   #635
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You're probably right, but didn't someone just sign a contract like that?

Maybe I heard wrong, or it was misreported.
The O'Reilly contract is structured so that most of the annual salary is paid in the form of signing bonuses, and his actual playing salary is only $1 million per year. The total money is still spread out over the course of the contract to fit within the confines of the CBA.

For 2016-17, O'Reilly gets paid $11 million. That takes the form of a $10 million signing bonus and $1 million in salary. It works out nicely for the player because he gets paid one big lump sum every July 1, instead of getting it paid out over the course of the season. From a cap perspective, it's works out the same either way.
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Old 07-10-2015, 11:22 AM   #636
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nvm
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Old 07-13-2015, 12:59 PM   #637
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I'd let him choose the term

3 year, 24M AAV 8M
9
8
7

4 year, 30M AAV 7.5M
9
8
7
6

5 year, 35M AAV 7M
9
8
7
6
5
I like these options (I think his agent maybe could negotiate a little more money each year).

You could even go 8 year, 40M AAV 5M (less front loaded, but $40M is a lot of money to turn down)
6.5
6.5
6.5
6.5
3.5
3.5
3.5
3.5

The question is whether the $5M cap hit in years 6,7 and 8 is too much burden (what will the cap be at then?), but of course the first 5 yrs at $5M cap hit is a steal and might be exactly what you need to make a cup run (or two) in the next 3 to 5 years.

I think on the open market he could make $9M x 3 for $27M, but I'm not sure how much money other teams would risk on the latter years 4,5 and onwards. At least Calgary has the advantage of adding extra years to lower cap hit.
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Old 07-13-2015, 01:01 PM   #638
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It will be 8x8 and this site will have a meltdown.

Probably.
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Old 07-13-2015, 01:03 PM   #639
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I can't see him getting more than 6 years of term.

4 would be most preferred
5 is realistic
6 is favourable to Giordano.

If it's 4 years, Gio is getting $8 million.
5 years, $7.5 million.
6 years, less than $7 million.

I think that's fair.
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Old 07-13-2015, 01:25 PM   #640
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I can't see him getting more than 6 years of term.

4 would be most preferred
5 is realistic
6 is favourable to Giordano.

If it's 4 years, Gio is getting $8 million.
5 years, $7.5 million.
6 years, less than $7 million.

I think that's fair.
I agree with your numbers and years, but do you think the flames should be aggressive in the short term by spreading money over 8 years? It obviously catches up to you eventually.

I don't know, but I am thinking about 5 years from now, and our core will be 25 to 27 years old, and some of them will be looking for big dollars with UFA coming up. Probably won't re-sign them all to big dollars and term into their mid thirties. You'd have to let a few of them go and replace them with young talent. 27 years old is probably the right age to trade away an asset for maximum prospects/picks.

So do you establish a 5 or 6 year "prime" window for this group? Should you maximize cap space during that window by spreading Gio's contract over 8 years?
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