NHL Transactions 7/12-7/17

  • Carolina Hurricanes extended D Jaccob Slavin to a 7 year deal with an AAV of $5.3 million
    • Previous Contract: 3 years, $2,497,500 with an AAV of $925,000 signed with Carolina.
    • Thoughts: I think it was incredibly smart for the Hurricanes to sign Slavin to this extension.  They likely would have preferred to get an eighth year out of it, but they should be content with seven.  $5.3 million isn’t an outrageous number for him either, especially if they believe he is a future top three defenseman.  It also sets the Hurricanes up for having a top four similar to that of the Predators. It also gives the Hurricanes’ other young defensemen an idea of what they can expect in their next deals, although only Noah Hanifin is likely to get a contract with a similar AAV to that of Slavin.  I also think that this deal sets up the opportunity for the Hurricanes to possibly move Justin Faulk if they want to in hopes of getting a first line center.  Finally, I think this signing is a great show of faith in this roster by the front office and conveys to fans that they are on the verge of being a playoff team once again.
  • W Micheal Ferland re-signs with Calgary for 2 years with an AAV of $1.75 million.
    • Previous Contract: 2 years, $1.65 million with an AAV of $825,000 signed with Calgary.
    • Original Projection: I predicted that Ferland would re-sign with Calgary for 4 years with an AAV of $2.5 million.
    • Thoughts: I think this is a solid signing for the Flames even though it is shorter than they would probably like.  His salary is very reasonable for a player who netted 15 goals last season and has increased his goal and point totals each season in the league.  He is still just 25 years old and the two year deal will allow him to get a new deal at 27, when he can look to sign a long-term deal.
  • C Curtis Lazar re-signs with Calgary for 2 years with an AAV of $950,000
    • Previous Contract: 3 years, $3.855 million with an AAV of $1,254,167 signed with Ottawa.
  • LW Ondrej Palat re-signs with Tampa Bay for 5 years with an AAV of $5.3 million
    • Additional Details: Full no-trade clause years 2-4, modified no-trade clause in year 5; player submits a 20 team trade list.
    • Previous Contract: 3 years, $10 millino with an AAV of $3,333,333 signed with Tampa Bay.
    • Original Projection: I predicted that Palat would re-sign with Tampa Bay for 7 years with an AAV of $4.5 million.
    • Thoughts: I am really surprised that Tampa Bay was unable to re-sign Palat to the same deal they did with Tyler Johnson.  I do think that Palat is worth more money and brings more value to the ice than Johnson does, so this makes sense.  I am surprised by how high Palat’s AAV is but I wonder if his salary is partially the result of Connor McDavid’s contract and how his deal has reset the salary structure.  I am really intrigued by Palat’s deal because of the length.  I wonder if it was Palat or the Lightning who suggested seven years, or if the team wanted to go longer and Palat refused to. The issue I see with it is that he will be 31 when this deal expires which could hinder his ability to hit big on free agency again. I am also curious as to the salary structure itself and him not getting a signing bonus similar to those included in other deals this offseason.  This could be because his deal will expire in 2022, the same time a lockout could potentially take place instead of bridging the two CBAs similar to how McDavid’s will.  In conclusion, I think it was key for the Lightning to get this deal done because of the offense Palat brings to their lineup.
  • D Griffin Reinhart signs with Vegas for 2 years with an AAV of $800,000
    • Previous Contract: 3 years, $9.825 million with an AAV of $3,213,333 signed with the Islanders.
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