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Schenn's Next deal

Leafs, Schenn set to begin talks on new contract
http://www.thestar.com/sports/hockey/nhl/mapleleafs/article/1026977--leafs-schenn-set-to-begin-talks-on-new-contract
Luke Schenn is the last significant Maple Leaf without a contract.

But finally comes word Schenn?s agent and the Maple Leafs are getting ready to meet.

?I would expect that we will be having discussions with the Leafs concerning Luke in the very near future,? Don Meehan, Schenn?s agent, said in an email.

If there?s one thing the Leafs like when it comes to deals like this, it?s secrecy.

?We don?t comment on contract negotiations as they progress,? GM Brian Burke said when asked for a comment.


Headline might be a bit misleading on the timing but he's their only RFA/UFA left from their roster last season that they said they were going to sign so I'm sure it will get underway pretty soon.
 
cw said:
Leafs, Schenn set to begin talks on new contract
http://www.thestar.com/sports/hockey/nhl/mapleleafs/article/1026977--leafs-schenn-set-to-begin-talks-on-new-contract
Luke Schenn is the last significant Maple Leaf without a contract.

But finally comes word Schenn?s agent and the Maple Leafs are getting ready to meet.

?I would expect that we will be having discussions with the Leafs concerning Luke in the very near future,? Don Meehan, Schenn?s agent, said in an email.

If there?s one thing the Leafs like when it comes to deals like this, it?s secrecy.

?We don?t comment on contract negotiations as they progress,? GM Brian Burke said when asked for a comment.


Headline might be a bit misleading on the timing but he's their only RFA/UFA left from their roster last season that they said they were going to sign so I'm sure it will get underway pretty soon.

I figure that Schenn can't be "offer Sheeted" and the longer he is left off the 50 contract limit the more creative that Nonis and Burke can be if they want to some crazy multi player trade so why hurry the deal?
 
Britishbulldog said:
cw said:
Leafs, Schenn set to begin talks on new contract
http://www.thestar.com/sports/hockey/nhl/mapleleafs/article/1026977--leafs-schenn-set-to-begin-talks-on-new-contract
Luke Schenn is the last significant Maple Leaf without a contract.

But finally comes word Schenn?s agent and the Maple Leafs are getting ready to meet.

?I would expect that we will be having discussions with the Leafs concerning Luke in the very near future,? Don Meehan, Schenn?s agent, said in an email.

If there?s one thing the Leafs like when it comes to deals like this, it?s secrecy.

?We don?t comment on contract negotiations as they progress,? GM Brian Burke said when asked for a comment.


Headline might be a bit misleading on the timing but he's their only RFA/UFA left from their roster last season that they said they were going to sign so I'm sure it will get underway pretty soon.

I figure that Schenn can't be "offer Sheeted" and the longer he is left off the 50 contract limit the more creative that Nonis and Burke can be if they want to some crazy multi player trade so why hurry the deal?

I think Schenn could have been offer-sheeted in a way that would have been extremely detrimental to Burke's attempt to build a team.  There is a lot of room for a team to offer Schenn much more than he will get as an RFA, but not so much that draft pick compensation is worth as much as Schenn himself.  For example, another team could offer Schenn a deal for 4.5 million per year until the exact year that he becomes a UFA (I forget when that is).  The leafs would either then have to pay Schenn much more than he would get through regular RFA negotiations and would suffer from the fact that he immediately becomes a UFA at the end of the contract, OR they would have give Schenn up for a 1st and a 3rd.  If the team acquiring him was a playoff team it's extremely unlikely you'd get a Schenn-level talent with a 15+ overall pick.  And even if you get lucky and the picks turn out well, they almost certainly take at least 4 years to get to the level Schenn is at now.

In other the value ladder goes like this:

-- Schenn at 3-3.5 million signing as an RFA with the leafs for some duration (highest value) 

-- Schenn at 4.5 milllion exactly until UFA age because Burke matches

-- 1st round pick and 3rd round pick (perhaps lowest value)

It would be a lot like the Vanek situation.  The Sabres were completely hosed when the Oilers offer-sheeted him for $7 million per year.  $7 million per year was a massive overpayment that he would never have received as a regular RFA.  However, even worse for the Sabres would be giving up what appeared to be their best player.  The Oilers completely screwed the Sabres turning a great asset into what almost might be considered a non-asset in the cap world.

Fortunately, if Schenn was going to be offer-sheeted, he probably already would have been.  Fingers crossed.
 
Offer sheets aren't really a big concern unless we suspect that Schenn will accept an offer sheet thrown his way.

Would he? From everything we've seen of him, it doesn't match his personality or character at all. At the very least, his agent would inform TML management and present them with the contract that it would take to keep him from accepting the offer sheet.
 
Bubba Kush said:
Offer sheets aren't really a big concern unless we suspect that Schenn will accept an offer sheet thrown his way.

Would he? From everything we've seen of him, it doesn't match his personality or character at all. At the very least, his agent would inform TML management and present them with the contract that it would take to keep him from accepting the offer sheet.

I get the same feeling.  Offer sheets are fine and dandy, but the player actually has to ACCEPT the offer sheet from another team.  Schenn doesn't seem like he's looking to leave Toronto, he went to Afghanistan with Burke on July 1st, so I'm thinking he's fairly happy to be a Leaf.
 
Zee said:
I get the same feeling.  Offer sheets are fine and dandy, but the player actually has to ACCEPT the offer sheet from another team.  Schenn doesn't seem like he's looking to leave Toronto, he went to Afghanistan with Burke on July 1st, so I'm thinking he's fairly happy to be a Leaf.

A lot of people seem to forget that. I mean, if that wasn't true, we'd probably see dozens of offer sheet situations every summer.
 
Busta Reims said:
Zee said:
I get the same feeling.  Offer sheets are fine and dandy, but the player actually has to ACCEPT the offer sheet from another team.  Schenn doesn't seem like he's looking to leave Toronto, he went to Afghanistan with Burke on July 1st, so I'm thinking he's fairly happy to be a Leaf.

A lot of people seem to forget that. I mean, if that wasn't true, we'd probably see dozens of offer sheet situations every summer.

It is not something I have forgotten ... Note that if you look at the UFA market, a huge percentage of players basically follow the money and go to a new team based on the fact that that new team was willing to pay them a lot of cash.  If RFAs were frequently given outsized offer sheets, I'm sure the same thing would happen.
 
I can't attest to how accurate this history of offer sheets is:
http://en.wikipedia.org/wiki/List_of_NHL_players_who_have_signed_offer_sheets

In recent history, most of the time, they get matched. Ignoring the Penner transaction as to who came out ahead on that deal because we may need more time for the picks to develop to conclude anything, you might have to go back to 1991 and the Adam Graves deal before you can find a transaction where the team getting the player via offer sheet came out ahead.

In terms of price performance under this CBA, you're certainly less likely to get a "deal" because you have to throw a boatload of dough at the player to get him to sign the offer sheet.

I think that track record for offer sheets and the dollars associated is a significant part of the reason we don't see much player movement using this option. Maybe they'll spice it up to make it a little more attractive in the new CBA.
 
As stupid as they have a propensity to be, it behooves them to explode the salary structure completely with ridiculous offer sheets. I mean they already went stoopid with UFA contracts this year just to reach the floor. Its all their own doing.
 
I think that Schenn is very happy being a Maple Leaf as well and couldn't see him leaving that way. I know money is important for athletes, but Schenn, I'm sure he knows he will make a great deal of money either way, certainly with the Leafs organization as well. He doesn't strike me as someone that would jump ship in search of greener pastures anyway, but that is just a feeling about his character.
 
BlueWhiteBlood said:
I think that Schenn is very happy being a Maple Leaf as well and couldn't see him leaving that way. I know money is important for athletes, but Schenn, I'm sure he knows he will make a great deal of money either way, certainly with the Leafs organization as well. He doesn't strike me as someone that would jump ship in search of greener pastures anyway, but that is just a feeling about his character.

Even if money is important to Schenn, he probably knows he can make a killing off endorsements by being a Leaf.  He seems like a good guy, so sponsors would probably be knocking down his door to have him endorse products.  Being a Leafs player would open up way more sponsorship opportunities for him as opposed to being in some smaller market.
 
Zee said:
Even if money is important to Schenn, he probably knows he can make a killing off endorsements by being a Leaf.  He seems like a good guy, so sponsors would probably be knocking down his door to have him endorse products.  Being a Leafs player would open up way more sponsorship opportunities for him as opposed to being in some smaller market.

I guess, I see the point about the Leafs players being more recognizable, however I think great players everywhere get endorsements. I could believe that Leafs players do have a slight edge, but Star players everywhere get deals on their talent as well.
 
BlueWhiteBlood said:
Zee said:
Even if money is important to Schenn, he probably knows he can make a killing off endorsements by being a Leaf.  He seems like a good guy, so sponsors would probably be knocking down his door to have him endorse products.  Being a Leafs player would open up way more sponsorship opportunities for him as opposed to being in some smaller market.

I guess, I see the point about the Leafs players being more recognizable, however I think great players everywhere get endorsements. I could believe that Leafs players do have a slight edge, but Star players everywhere get deals on their talent as well.

This is true, but star players usually fall into the category of
a) high scoring forwards
b) goalies
c) high scoring offensive defenseman


all of which Schenn is not.  I can't see a "shut-down" type D-man getting very popular in small market teams where they barely appreciate hockey.
 
Sorry to bump this as I've been waiting to see this at the top and I'd
assume it would contain detail's of Luke's signing if I seen it bumped too. It's just weird that there has been no talk or even whispers getting out. Anyone in TO heard anything?
 

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