Jul 19, 2012, 10:13 AM EDT
Kypreos reports the per-season breakdowns of the 14-year deal work like this:
First four seasons (2012-16): $1 million in salary, $13 million in signing bonuses
Seasons five and six (2016-18): $4 million in salary, $8 million in signing bonuses
Seasons seven to 10 (2018-22): $6 million in salary
Season 11 (2022-23): $3 million in salary
Seasons 12 to 14: (2023-26): $1 million in salary
Okay, what it means for you non-mathletes out there…
– It’s a $7.9 million annual cap hit.
– The deal will play $68 million in total signing bonuses.
– In the first six years, the deal will pay $80 million.
As Kypreos notes, the structure of the deal might make matching difficult for Nashville. The prospect of shelling out $80 million over the next six years might be too much for the organization (which, it should be noted, was sold in 2007 for $193 million.)
We’ll have more throughout the day.
- Gettin’ paid: Gardiner inks five-year, $20.25M extension with Leafs 8
- Report: Trottier to join Sabres’ coaching staff 8
- Blues sign former eighth overall pick Mueller 25
- Trotz plans to let Johansson, Kuznetsov, and Burakovsky compete for time at center 40
- Eric Staal has surgery to repair ‘core muscle injury’ 6
- After not seeing ‘eye-to-eye’ with Carlyle, Reimer will compete for No. 1 gig 16
- Two down, one to go: Wings ink Tatar to three-year, $8.25M deal 12
- Cashing in: Rangers sign Brassard to five-year, $25 million deal 63
- Subban not eager to discuss contract talks 34
- Leafs re-sign Reimer — two years, $4.6 million 22
- Cashing in: Rangers sign Brassard to five-year, $25 million deal (63)
- Avs and O’Reilly agree on two-year deal, but questions remain (45)
- New Caps regime plans to keep Ovechkin at RW (for now) (42)
- Trotz plans to let Johansson, Kuznetsov, and Burakovsky compete for time at center (40)
- Rangers and Kreider avoid arbitration, agree on two-year deal (39)