[Signing] Flames re-sign Mangiapane (2 yrs, $2.425 mil AAV)

[Textcritic]

Originally Posted by Jaybo

Not specifically about Mangiapane and apologies if this has been discussed but do we know what happens to contracts if the NHL has to continue when the next season starts (January?) with no (or limited) crowds.

I assume most contracts are based on teams having revenues of ~40 games with ~20,000 fans paying ~$100 per ticket. If that revenue (plus all ancillary revenue from concessions to parking to game day merchandise sales) is gone, how to teams honour their contracts with players which are all staying (roughly) where'd you'd expect them to be B.C. (Before Covid).

Escrow has been set @ 20% in anticipation of much lower revenues, and in the event that players take home +50% of HRR, this will be corrected gradually over subsequent years when revenues reestablish until the owners are made whole.

Sent from my SM-G960W using Tapatalk

[Strange Brew]

There is zero doubt that players will be taking home in excess of 50% of HRR this year. IMO it’s a question of how many years of 20% escrow and a flat cap before it balances out.

If the season is shortened, you’d think there would be some discussion of prorating salaries. A 40 game season with arenas at say 20% capacity would be maybe a 75% hit to HRR? You could probably ball park this knowing the TV money.

If owners are paying out salaries at 80% of pre covid levels, will a team in the league be cash flow positive? Probably not even close. Presumably some owners wouldn’t want to play under that scenario.

[ricardodw]

By the numbers: Grading every NHL team’s contract efficiency, 2020 edition

By By Dom Luszczyszyn Nov 6, 2020 has Maniapane's contract as the very best value contract for the Flames.

He looks like a legitimate top-six player and that’s a steal at his price point.

Team friendly agent working for Mangiapane?

The Flames rank 10th in the league in overall value contracts up from 12th in 2019.

[Bingo]

Originally Posted by ricardodw

By the numbers: Grading every NHL team’s contract efficiency, 2020 edition

By By Dom Luszczyszyn Nov 6, 2020 has Maniapane's contract as the very best value contract for the Flames.



Team friendly agent working for Mangiapane?

The Flames rank 10th in the league in overall value contracts up from 12th in 2019.

Why do you look for things that just don't exist?

The Flames and Managiapane couldn't fit a longer term contract into the cap, so they went shorter term. That puts the risk on both sides, but given his trajectory more on the team since two more good seasons means a bigger contract.

No conspiracy theory here.

[ricardodw]

Originally Posted by Bingo

Why do you look for things that just don't exist?

The Flames and Managiapane couldn't fit a longer term contract into the cap, so they went shorter term. That puts the risk on both sides, but given his trajectory more on the team since two more good seasons means a bigger contract.

No conspiracy theory here.

Whatever the motivation it turns out to be a fantastic contract for the Flames.

Flames 2 Managiapane 0

[Bingo]

Originally Posted by ricardodw

Whatever the motivation it turns out to be a fantastic contract for the Flames.

Flames 2 Managiapane 0

Any time you go shorter term on a deal with a young player it has the potential to be a huge win for the player.

Both sides understand this.

Not only is there no fire here ... there's no smoke.

[GioforPM]

Originally Posted by Bingo

Any time you go shorter term on a deal with a young player it has the potential to be a huge win for the player.

Both sides understand this.

Not only is there no fire here ... there's no smoke.

Right - that analysis seems to ignore the next step on a lot of these contracts. Which is the next contract.