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.
- NHL, Coyotes deny report that team is moving to Vegas 23
- Report: Richards’ border incident involved oxycodone 46
- Trade: Bieksa headed to California — but it’s Anaheim, not San Jose 20
- Trade: Jackets land Saad, Anisimov and Dano headed to Chicago 85
- Hamilton signs six-year deal with Flames 18
- Sharks get Jones from Bruins for first-round pick and unsigned prospect 42
- Hurricanes to buy out Semin 15
- Bruins are talking to teams about Savard, but not Rask 13
- Report: Richards part of police investigation 47
- UFA of the Day: Mike Green 5
- Trade: Flyers send Rinaldo to Bruins for 2017 third-rounder (105)
- Bypassing a buyout? Kings terminate Richards’ contract for ‘material breach’ (90)
- Trade: Jackets land Saad, Anisimov and Dano headed to Chicago (87)
- Trade: Flames land Dougie Hamilton for package of picks (75)
- Trade: Busy Bruins send Lucic to Kings (66)