Nylander signs 6-year contract

[Zee]

I love that Dubas can see the humor in it all. What other GM would do this? Lol

Lou would have straight up had that kid murdered.

Everyone here at the Marlies game is celebrating. When the news broke we were all yelling to each other the details of the contract. There's a sense of euphoria here.

Oh it's 4-2 Marlies going into the 3rd

 

[princedpw]

This is essentianlly a 6 year contract at 7M in terms of how much money he takes home.

He takes home 41.83M over the life of the contract and the cap hit in years 2-6 reflect this.

There is no "cap savings" by signing late.

Mirtle predicted right around $7million or slightly more for 6 years based on comparables ranging from Ehlers to Draisatl plus the cap increase.  I was hoping for slightly less. This seems like a market price.

 

[Arn]

I love that Dubas can see the humor in it all. What other GM would do this? Lol

Lou would have straight up had that kid murdered.

Everyone here at the Marlies game is celebrating. When the news broke we were all yelling to each other the details of the contract. There's a sense of euphoria here.

Oh it's 4-2 Marlies going into the 3rd

I look forward to Nylanders conditioning stint with the Marlies

 

[princedpw]

With 10.2 million on the cap, can we absorb our max player bonuses (eg: Matthews) and not have money spill to next year?

 

[Bender]

So what does it mean in regards to out years? I kinda wonder why this contract took so long. Like what was done seems reasonable for all involved.

 

[bustaheims]

With 10.2 million on the cap, can we absorb our max player bonuses (eg: Matthews) and not have money spill to next year?

That $10.2m will be prorated, so, effectively, it?s $7m on the cap. Really, it just means the Leafs end up paying the full ~$42m against the cap over 6 years instead of a prorated amount of the $7m per it would average out to be.

 

[Deebo]

With 10.2 million on the cap, can we absorb our max player bonuses (eg: Matthews) and not have money spill to next year?

That $10.2m will be prorated, so, effectively, it?s $7m on the cap.

Pro rated, it will be the same amount as years 2-6.

 

[bustaheims]

Pro rated, it will be the same amount as years 2-6.

Yup, which comes in just under $7m.

 

[lc9]

Win all of the contracts. 

 

[CarltonTheBear]

With 10.2 million on the cap, can we absorb our max player bonuses (eg: Matthews) and not have money spill to next year?

That $10.2m will be prorated, so, effectively, it?s $7m on the cap. Really, it just means the Leafs end up paying the full ~$42m against the cap over 6 years instead of a prorated amount of the $7m per it would average out to be.

Are you missing the whole thing about how contracts are handled differently for RFAs who sign late? Nylander's AAV THIS season will be $10.2mil.

 

[mr grieves]

This is essentianlly a 6 year contract at 7M in terms of how much money he takes home.

He takes home 41.83M over the life of the contract and the cap hit in years 2-6 reflect this.

There is no "cap savings" by signing late.

If he had signed this contract in July, I would've thought it's a really fair deal for Nylander. It's what his comprables signed for, inflated with the cap. I would've been a bit disappointed that Dubas didn't squeeze him to get an AAV that'd allow us a chance of keeping Gardiner or adding.

Four months on, and I find myself focusing more on that disappointment. Why drag this to deadline if we're ending up right where other similar contracts indicate it should've been in the first place? Was it Nylander's side that was being unreasonable? Or the Leafs? -- My guess, informed only by media reports that might not be right, is that it was the Leafs that were trying to get to beat the market. We've got a good player on a perfectly fine contract and no extra room to keep the team more generally competitive -- Big Three 1, Boy Genius GM 0.

 

[Strangelove]

So I haven't been following this religiously. Do we think that Nylander's ask came down or Dubas' offer went up? Because this seems like the sort of deal that should have been available 6 months ago.

 

[Deebo]

Pro rated, it will be the same amount as years 2-6.

Yup, which comes in just under $7m.

So the final cap hit for each year is still the total amount paid divided by the number of seasons.

If he signed for 6 years 42M on day one, the cap hit would be essentially the same and the money paid to him would be essentially the same, 30k per year difference.

I thought the rule seemed wierd but it really just is a mechanism to even out the cap hit over the term of the deal.

 

[CarltonTheBear]

So I haven't been following this religiously. Do we think that Nylander's ask came down or Dubas' offer went up? Because this seems like the sort of deal that should have been available 6 months ago.

I think that they met roughly in the middle. In terms of cap hit Dubas gets a small advantage, in terms of actual money paid Nylander gets a small advantage.

 

[Kin]

So I haven't been following this religiously. Do we think that Nylander's ask came down or Dubas' offer went up? Because this seems like the sort of deal that should have been available 6 months ago.

I think that may be the wrong way to look at things. I think it's pretty clear now that both sides were using the deadline as a way to get the best deal possible. If Dubas had offered this in July, that might have just been the starting point for what Nylander was negotiating against and vice-versa.

 

[CarltonTheBear]

Again just repeating that THESE are the actual AAV's for Nylander's contract:

https://twitter.com/LeafsPR/status/1068989542840049664

$10.2mil for year 1. $6.9mil (actually $6.969mil) for years 2-6.

If you're wondering why, well it's been explained a bunch of times. But you can read about it at capfriendly here: https://www.capfriendly.com/faq#rfa-caphit

 

[CarltonTheBear]

With 10.2 million on the cap, can we absorb our max player bonuses (eg: Matthews) and not have money spill to next year?

Capfriendly has us at about $5mil in cap space right now, not including any bonuses. They say that translates to roughly $24mil at the deadline. So yeah we shouldn't expect any carryover for next season.

 

[bustaheims]

With 10.2 million on the cap, can we absorb our max player bonuses (eg: Matthews) and not have money spill to next year?

That $10.2m will be prorated, so, effectively, it?s $7m on the cap. Really, it just means the Leafs end up paying the full ~$42m against the cap over 6 years instead of a prorated amount of the $7m per it would average out to be.

Are you missing the whole thing about how contracts are handled differently for RFAs who sign late? Nylander's AAV THIS season will be $10.2mil.

I did not. What goes against the cap is the prorated amount of $10.2m - as if the leafs acquired it mid-season, which they did. Capfriendly has his remaining cap hit this season at just under $7m. What the RFA stuff means us the leafs don?t get a prorated amount of the actual AAV. They the full amount of what it would have been had Nylander signed in the summer.

 

[princedpw]

With 10.2 million on the cap, can we absorb our max player bonuses (eg: Matthews) and not have money spill to next year?

Capfriendly has us at about $5mil in cap space right now, not including any bonuses. They say that translates to roughly $24mil at the deadline. So yeah we shouldn't expect any carryover for next season.

I?m not sure what all their numbers mean exactly but it looks like our max bonuses are 5.4mil and we have 5.195 in expected space. So maybe a max of .205 mil carry over? Pocket change?

 

[princedpw]

This is essentianlly a 6 year contract at 7M in terms of how much money he takes home.

He takes home 41.83M over the life of the contract and the cap hit in years 2-6 reflect this.

There is no "cap savings" by signing late.

If he had signed this contract in July, I would've thought it's a really fair deal for Nylander. It's what his comprables signed for, inflated with the cap. I would've been a bit disappointed that Dubas didn't squeeze him to get an AAV that'd allow us a chance of keeping Gardiner or adding.

Four months on, and I find myself focusing more on that disappointment. Why drag this to deadline if we're ending up right where other similar contracts indicate it should've been in the first place? Was it Nylander's side that was being unreasonable? Or the Leafs? -- My guess, informed only by media reports that might not be right, is that it was the Leafs that were trying to get to beat the market. We've got a good player on a perfectly fine contract and no extra room to keep the team more generally competitive -- Big Three 1, Boy Genius GM 0.

Without knowing what the offers were, and when they were made, it is impossible to tell.  If the rumors are right (and I have no idea whether they are) then if Dubas had signed him in in July, he would have paid 8-8.5/year so by waiting, he saved 1-1.5.