Jul 19, 2012, 10:13 AM EST
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.
- Washington finally signs top prospect Kuznetsov 8
- Roberto Luongo records the shutout in first game back with Panthers 27
- Steve Moore remains shocked, disgusted about Todd Bertuzzi attack 63
- Canucks’ Kassian gets three games for boarding Dillon 27
- TGIF: Why Lightning fans can be upset with St. Louis 32
- Goalie nods: Luongo’s first game back with Panthers, Neuvirth makes Sabres debut 14
- Report: Kuznetsov terminated KHL deal, headed to Washington 21
- Canucks’ Bieksa: ‘If this isn’t rock bottom, I don’t know what is’ 34
- Luongo has Twitter fun at Canucks’ expense 36
- Sabres spoil Callahan’s Lightning debut, Stamkos’ return 7
- Canucks trade Luongo to Panthers (93)
- BLOCKBUSTER: Lightning trade St. Louis to Rangers for Callahan (82)
- Kings make splash, acquire Gaborik from Columbus (72)
- Report: Canucks want center, top prospect and first-rounder for Kesler (68)
- Sabres announce Pat LaFontaine resigns as president of hockey operations (66)