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.
- One more time, with feeling: Flames stage yet another comeback, eliminate Vancouver 11
- Keith conquers: Blackhawks come back, eliminate Predators 36
- Red Wings smother Lightning, take 3-2 series lead 17
- Going the distance: Isles edge Caps to force Game 7 29
- WATCH LIVE: Today’s Stanley Cup playoff action 6
- Lucic issues statement on father’s passing 10
- Hall caught off guard by Oilers’ front office shuffle 18
- Wild’s Dubnyk shakes off six-goal night, saves 36 as Blues pushed to brink 34
- WATCH LIVE: Tonight’s Stanley Cup Playoff action 5
- Malkin: ‘I want to say sorry to fans, to my teammates’ 58
- Too little, too late: Rangers stifle Penguins for 2-1 series lead (114)
- It’s Done: Rangers eliminate Penguins in overtime (108)
- Bettman under fire after saying ‘Katy Perry’ chant wasn’t sexist (92)
- Okposo blasts ‘idiot’ Wilson after physical outing versus Isles (82)
- Preds, Forsberg finally solve Darling, push series to Game 6 (76)