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

[kehatch]

Originally Posted by CalgaryFan1988

The dollar amount doesn't mean much, it all comes down to term.

Yes. But 3 years after contract start Giordano will be over 35. His next contract will be a 35+ contract. So he will certainly be looking for term.

[Kavvy]

Gio has worked himself into a position where he can ask for the world, and the GM won't balk and walk away from the negotiation table. I would assume this is rare in the NHL, but who knows.

He may not get the world, but good for him for making the most of the opporutnuity.

[getbak]

He'll likely get $9 million for the first couple of years and a cap hit down around $7-8 million on a long-term deal.

When he was interviewed on the Fan last week, Gio said he wants this to be his retirement contract, and he wants to retire in Calgary. I expect him to be looking for a 6 or 7 year deal.

[TOfan]

Originally Posted by Buck Murdock

His stock couldn't be higher right now...if he wants that amount lets get OEL and the 3rd overall for hudler, Gio and #15.

Do you really think Arizona would do that? Trade two of their best assets that they have control of for two players they could lose for nothing in a year & a mid round 1st?

We should probably ask them to throw in max domi just to be sure.

[transplant99]

Originally Posted by 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.

Why would Giordano ever sign 3 year deal?

He can just go to FA next summer and get gobs of money and term elsewhere if he doesn't get something worthwhile in Calgary.

I don't understand why so many are freaking about this thing.

Giordano just had a Norris trophy caliber season, he is the captain of one of the hardest working and cohesive dressing rooms in the league. He also has earned a home run contract for his work off the ice with the team and elsewhere.

He was ALWAYS going to get big dough this contract, and here we are.

8 million per over 5 with a full NMC (IMO) is the minimum he settles for here....and rightfully so as that is the cost of business in the NHL now.

[Jason14h]

8 million per over 5 with a full NMC (IMO) is the minimum he settles for here....and rightfully so as that is the cost of business in the NHL now.

Agreed, BUT if Gio wants 5 he is basically signing his last real $$ deal. So structuring it into a 6-7 year deal just gives Flames more cap.

Can always trade a 4 million real money 7 million cap hit to a team in the last deal if required.

[cannon7]

Wouldn't mind a front-loaded deal starting at $9M, but want a cap hit closer to $7M. Also don't want something too long term, five years maybe. $36-38M over five years.

[TOfan]

Originally Posted by BrownDrake

For 2017-18 Assume the following:
Gio - 8.5
Brodie - 4.65
The Trio (Gaudreau/Bennett/Monahan) - 18.0
4th Forward - 5.0
3rd Defenseman - 4.0

Total - 40.15 on 7 players

Would be third behind only Chicago/Minnesota for highest cap hit on top 7 skaters and they are in cap trouble trying to unload big contracts.

Cap isn't going up forever.

Bennett's played 12 nhl games & we already know he's getting that 6 million dollar deal eh?

One season at a time, k?

[Phanuthier]

Originally Posted by TOfan

Bennett's played 12 nhl games & we already know he's getting that 6 million dollar deal eh?

One season at a time, k?

I'm not sure how this is a surprise to you, but predicting what a future FA will cost in 3 years would involve making opinions of something that has not happened yet.

[CroFlames]

Originally Posted by TOfan

Bennett's played 12 nhl games & we already know he's getting that 6 million dollar deal eh?

One season at a time, k?

The guy is obviously doing a projection. I would project Sam to be a $6m player.

What would you project Bennett as?

[Resolute 14]

Originally Posted by sharkov

and I thought he would settle on a home town discount

Not if a clown like Ritch Winter is his agent.

[BigTuna]

Originally Posted by kehatch

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.

It's not though. It's about what the asking price is now. All the star D-Men will ask for 9 million to start until someone gets 10 million.

[kehatch]

Originally Posted by BigTuna

It's not though. It's about what the asking price is now. All the star D-Men will ask for 9 million to start until someone gets 10 million.

Yes. Age and injury history clearly don't have any authority.

[Flash Walken]

Originally Posted by transplant99

Why would Giordano ever sign 3 year deal?

He can just go to FA next summer and get gobs of money and term elsewhere if he doesn't get something worthwhile in Calgary.

I don't understand why so many are freaking about this thing.

Giordano just had a Norris trophy caliber season, he is the captain of one of the hardest working and cohesive dressing rooms in the league. He also has earned a home run contract for his work off the ice with the team and elsewhere.

He was ALWAYS going to get big dough this contract, and here we are.

8 million per over 5 with a full NMC (IMO) is the minimum he settles for here....and rightfully so as that is the cost of business in the NHL now.

But I don't think you can build a championship calibre team paying a 37 year old player 8 or 9 million dollars.

So which is it, do you build a championship team or give a guy a retirement contract?

I really don't see how it's possible in today's game to devote that much capspace to a likely second or third pairing player at that point.

[Enoch Root]

This thread is unbelievable. Clearly many of you are not -and should not be - involved in negotiations.

His agent has posted an opening number for discussion - one that is not outrageous, based on the current market.

And a good portion of you just instantly throw in the towel and want to trade him.

Thank God the GM position isn't a democracy.

Giordano is one of the Flames' most valuable assets. He will sign a deal that reflects that. And it's all good.

[Finger Cookin]

Originally Posted by Flash Walken

But I don't think you can build a championship calibre team paying a 37 year old player 8 or 9 million dollars.

So which is it, do you build a championship team or give a guy a retirement contract?

I really don't see how it's possible in today's game to devote that much capspace to a likely second or third pairing player at that point.

The cap is $71.4M. The max contract amount allowable under the CBA is now $14.28M. Star players are seeing cap hits of over $10M starting next season. This is just the reality of the economics of the league.

And also, Giordano isn't being paid 8 or 9 million dollars yet.

[FireGilbert]

Originally Posted by Finger Cookin

The cap is $71.4M. The max contract amount allowable under the CBA is now $14.28M. Star players are seeing cap hits of over $10M starting next season. This is just the reality of the economics of the league.

And also, Giordano isn't being paid 8 or 9 million dollars yet.

I was just about to post something like this. With the front loading loop hole closed salaries are going to push closer to the league maximum. Gio at 9 million is pretty fair when you consider what top line players will be getting in upcoming years.

I would also prefer a long term 6 or 7 year deal. The cap hit is risky over that many years however a short term contract is also risky. If they only sign Gio for 3 and he continues to dominate then he will be asking for 12 million on the next 3 year contract.

[Stay Golden]

Gio deserves it every cent.
Now lets see if Treliving responds accordingly or if he gets handcuffed internally.
Mark is going to get a huge contract and term either with the Flames where he wants to stay or elswhere.

[oldschoolcalgary]

Originally Posted by Enoch Root

This thread is unbelievable. Clearly many of you are not -and should not be - involved in negotiations.

His agent has posted an opening number for discussion - one that is not outrageous, based on the current market.

And a good portion of you just instantly throw in the towel and want to trade him.

Thank God the GM position isn't a democracy.

Giordano is one of the Flames' most valuable assets. He will sign a deal that reflects that. And it's all good.

i am pretty sure Duhat was already suggesting this number weeks ago, so I am surprised anyone is surprised... that said, i am almost certain that isn't what the avg will be...but again, anything less than 8 per season, and i would be shocked.

[SebC]

A 6-7 year "retirement contract" is a silly notion to me. How do you know which year it will be? How does the team know?

Do what Joe Sakic did. At the end, just take things year by year, and have some trust that neither side is out to screw the other.

I'm not saying Giordano needs a 1-year deal right now, but we don't know when he'll get to that point so I'd like a reasonable term.