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

[Street Pharmacist]

Originally Posted by Finger Cookin

There's no question the team's performance with Giordano as captain is a big part of Giordano's popularity. That popularity is going to take a hit the instant this extension is signed, regardless of term. You can see it starting to happen already in this discussion.

Great point in terms of the fans vote of Gio. I would point out however, that his play is levels of altitude above where he was only 3 years ago. His leadership is not invaluable when instilling a winning culture in a young team no matter how many Corsi bloggers may argue otherwise

[Macho0978]

You have to way out the options here. What is better for the Flames now and long term? I can't see Gio taking $9 mil for 3 years over $8 for 5 years or $7.5 mil for 6/7 years. So when the asking price is 9 per year I assume he wants 4-5 years as well. Maybe he comes down on that price but if he doesn't the Flames have to look at what they can get for him in a trade. If we can get the cap hit below 8 on a 5 year deal or below 7.5 for a 6 year deal we should consider keeping him. If not I think we should trade him while his value is at an all time high. $4 mil for a norris type dmen would have teams lining up to get him especially in a tight cap world. Throw in we could easily take on a bad contract back we could get a ton for him. Gio is unreal but teams really have to start to look at making bold moves to get rid of guys that are over paid. Anyone that is way over paid no matter how good they are hurts your team. Gio has every right to ask for 9 as that is what the market is going to be for guys like him moving forward. But that doesn't mean we should give it to him. Especially when we aren't a for sure contender in the next 2-3 years

[Flash Walken]

Originally Posted by JohnnyT

Also have to remember that Gio's injury this year was a freak accident that rarely every happens in hockey, its not like he got hit by a routine check and shattered a bone.

It's the second freak tendon injury that's caused him to miss significant time in the last 3 years.

In the last 4 seasons he's been eligible to play 294 games.


He's played in 233 of them.

That's an average of only 80% of the games.

[Caged Great]

I wouldn't sign Gio until after the season starts (preseason at least)

Who knows how much his arm may affect him. He is 100%, but I would be leery to throw major dollars until he plays again. A large part of his contract will come from his ability to generate offense in addition to being great defensively. If he is not as good at the one, that will impact his value.

[transplant99]

Originally Posted by Dr. Doom

Hahahahaha

If this rumor is indeed true, see ya later buddy!

There's no way we sign him to anything above 8 at his age and even then I'm more inclined to say 7-7.5.

It's not like he's proven himself year after year and he's getting older.

I hope this is false otherwise dangle him out there asap.

he will get AT LEAST that on a 5 year deal....probably more.

[Flash Walken]

I honestly don't see how you can build a competitive hockey club paying giordano eve 7 million a year at age 37.

It might be time to move him.

[_Q_]

Pay him whatever he wants but only for 3 years.

[Bandwagon In Flames]

Somewhat relevant, but there's currently an HF poll of who the better defenseman is between Gio and Subban. Gio has been winning the poll from the start. Over the past 2 seasons there's a good argument that Giordano is all round a better player including intangibles.

Does that mean he's worth Subban money or was the Subban deal just too high priced in the first place?

[The Yen Man]

Some people need to relax a little. Gio's agent comes in at 9M, Treliving probably comes in at 6M, and they meet somewhere in the middle. Not too worried. Still think it will end up being $7.5M per year. I'm more interested in how long the term will be, TBQH.

[DJones]

Originally Posted by Bandwagon In Flames

Somewhat relevant, but there's currently an HF poll of who the better defenseman is between Gio and Subban. Gio has been winning the poll from the start. Over the past 2 seasons there's a good argument that Giordano is all round a better player including intangibles.

Does that mean he's worth Subban money or was the Subban deal just too high priced in the first place?

Subban is 25 and still getting better. I don't remember him being ever injured either.

Plus he has a Norris. A 24 year old Norris winner is not comparable to Gio

[SofaProfessor]

Term will be what makes this a great deal or a terrible deal. Norris calibre Gio at $9M is fine if it's only for a few seasons. There's simply no way he stays at his current level until he's 40, though. And by time he's in the twilight of his career the Flames will be looking at having to hand out huge contracts to young guys.

[ForeverFlameFan]

5 years, 40m (8m AAV).

9
9
8
7
7

[killer_carlson]

Originally Posted by transplant99

he will get AT LEAST that on a 5 year deal....probably more.

if he's getting 8 million at 38 years old, then i'm listening to offers for him.

i'm not looking to trade, but i'm not hanging up the phone either.

[JohnnySkittles]

Not surprising. This is how it works player asks for 9M, team asked for 7M, settles at ~8M.

[ricardodw]

Subban has been a warrior in the playoffs 55 playoff games and 38 pts. He also plays incredibly tough on a relatively small team.

Gio does not have a playoff resume at all. 4 career playoff games a total of 49 minutes in his career.

Subban is being counted on to carry his team to the next round of the playoffs as are all the 7+M d-men Chara, Doughty, Weber and Suter.

[btimbit]

I'd expect something between 7.5 and 8.5, depending on term

[Jason14h]

If gio wants a 5 or 6 year deal the team will probably throw a couple extra low years to bring hit down.

10-10-8-6-4-2

50 million for 7 years and finishes his career here.

In 6 years he wont be worth a 7 million cap hit, but the cap will probably be ~85 million so not crippling.

[Flash Walken]

If it's true the Flames are looking at giving monahan a 3 year deal, it would make sense to have Giordano and Monahan's deals coincide.

If 4 years is a sticking point with Giordano and his agent, I think you have to trade him.

[Finger Cookin]

Originally Posted by Jason14h

If gio wants a 5 or 6 year deal the team will probably throw a couple extra low years to bring hit down.

10-10-8-6-4-2

50 million for 7 years and finishes his career here.

In 6 years he wont be worth a 7 million cap hit, but the cap will probably be ~85 million so not crippling.

The new CBA prevents any single year of a contract being worth less than 50% of the highest year in the contract. Salary can also only vary by 35% from one season to the next. If Giordano earns $10M in any season of this extension, his salary cannot go below $5M in any other season.

You could go 9/9/9/7/6/5.5/4.5 to do $50M over 7 seasons.

Your example is also $40M over 6 years, not $50M over 7.

[kehatch]

Originally Posted by BigTuna

No. That's too long ago.

It's more accurate then comparing a 30 plus year old who missed 40+ games to injury in the last two seasons to a 25 year old coming off a Norris win.