Schenn's Next deal

[Number 5]

So I built this bomb shelter for nothing?

No! We can use it as "Parade Route Headquarters".

 

[Scot4bz]

If the numbers being reported are confirmed I think it's a fair deal. When the pen officially hits paper it will be good to get it done.

 

[Corn Flake]

So I built this bomb shelter for nothing?

Should come in handy for the first 3-game losing streak of the season.

 

[BlueWhiteBlood]

Nice! I think that is a good deal.

 

[Corn Flake]

So convoluted, front-loaded or bonus laden mega-term contracts are not mandatory for good young players?

Oh.  My mistake.

 

[Zee]

Kypreos is tweeting its 5 years 18M or 3.6 per.

 

[Kin]

Well, I guessed shorter term and more money so I'm pretty happy with the deal. It buys...2 years of UFA?

 

[leafsjunkie]

I didn't think a 5 year deal would get done, thought it would be less term. I think that buys 1 year of UFA, the $ amount is a little higher than I wanted but it's for 5 years so all around it's not horrible at all. Glad it's done. Wewt, training camp opens today! 

 

[Leafaholic99]

The amount is a bit more then I'd have liked, but if that means 2 more years to the contract, I am fine with it, it's nice to have him locked up long term.

 

[Bullfrog]

So 3+ if his deal keeps him a RFA and 4+ if it buys UFA years. That's pretty much what I gather that would make folks happy.

I'd be happy with him being re-signed. Don't really care what the salary is.

 

[Bullfrog]

Apparently i should read the whole thread before replying. he's been signed, so i guess I'm happy.  8)

 

[Zee]

And now we can focus on training camp and not worry about contracts.  Yay.

 

[BlueWhiteBlood]

Schenn's deal has a bonus up front but bottom line is that it's a $3.6-million yearly cap hit on 5-year deal

 

[Kessel Run]

So convoluted, front-loaded or bonus laden mega-term contracts are not mandatory for good young players?

Oh.  My mistake.

Really though. 10M signing bonus for Myers? Crazy.

 

[louisstamos]

We should play a guessing game for poops and chuckles. I'll start.

3 years, 3.75 per.

5 years, 3.55 per.

Looks like you win!

Hoo-rah!

 

[Kin]

Really though. 10M signing bonus for Myers? Crazy.

It's just a way to structure the deal. I don't get what's crazy about it.

 

[Deebo]

Well, I guessed shorter term and more money so I'm pretty happy with the deal. It buys...2 years of UFA?

Buys 1 year.

UFA after 7 seasons, has 3 under his belt.

 

[Corn Flake]

So convoluted, front-loaded or bonus laden mega-term contracts are not mandatory for good young players?

Oh.  My mistake.

Really though. 10M signing bonus for Myers? Crazy.

Its just one of those things that doesn't seen necessary.  When was the last time a player received a signing bonus even remotely close to that amount? This could certainly start a precedent, and while it might not really be a big deal over the life of the contract, handing $10 mil to a 21-22 year old kid can have negative consequences.  Plus, I'm sure the shallow pocketed teams winced on that one. 

 

[Damian]

Kypreos is tweeting its 5 years 18M or 3.6 per.

Nice reasonable deal, now lets get going .... jeeeeze

 

[Erndog]

So convoluted, front-loaded or bonus laden mega-term contracts are not mandatory for good young players?

Oh.  My mistake.

Really though. 10M signing bonus for Myers? Crazy.

Its just one of those things that doesn't seen necessary.  When was the last time a player received a signing bonus even remotely close to that amount? This could certainly start a precedent, and while it might not really be a big deal over the life of the contract, handing $10 mil to a 21-22 year old kid can have negative consequences.  Plus, I'm sure the shallow pocketed teams winced on that one.

Burke is the one GM who, for the most part, has really stuck to the traditional type contracts.  You know, no more than 5 years, not heavily front-loaded, no huge signing bonus, no restrictive NMC, etc.

I like that.  I really hate the free wheeling cowboy attitude that most GM's have seemed to have undertaken lately.