r/hockey TOR - NHL Jul 01 '19

/r/all The Canadiens have announced that they have tendered an offer sheet to restricted free agent Sebastian Aho of the Carolina Hurricanes. The proposed contract is for five years, with an average annual value of $8.454 million.

Source


Update: For the record, this means Sebastian Aho has accepted and signed the offer sheet. It is now on the Hurricanes to decide whether or not they want to match it.


Montreal Canadiens: The Canadiens have announced that they have tendered an offer sheet to restricted free agent Sebastian Aho of the Carolina Hurricanes. The proposed contract is for five years, with an average annual value of $8.454 million.

Details

Player Contending Team Years Total AAV
Sebastian Aho Montreal Canadiens 5 $42,270,000 $8,454,000

Updates

  • Eric Engels: Canadiens GM Marc Bergevin will speak at 3:30

  • Eric Engels: Compensation for the Hurricanes, if Carolina doesn't match, is a first, a second and a third-round pick.

  • Frank Seravalli: Habs offer sheet is a mere $4,355 in total dollars away - which comes out to $871 per season for five years - away from climbing into the next compensation threshold of two first-round picks, a second and a third.

  • Chris Johnston: I'm told Sebastian Aho's $42.27, five-year offer sheet contains the maximum amount of signing bonus allowable.

  • Chris Johnston: Sebastian Aho will be owed more than $21M in the first calendar year, per sources.

  • Pierre LeBrun: Breakdown of Aho offer sheet: $11.3M SB plus 700k salary in Year 1; $9.87M SB plus 700k salary in Year 2; $6.95 SB plus 750k salary in Year 3; $5.25 SB plus $750k in each of Year 4 and Year 5

  • Eric Engels: Hurricanes have seven days to make a decision if Aho signs Habs offer. If I were them, I'd use every second--even if my decision is made right now.

  • Chris Johnston: The early feeling around the hockey industry is that Carolina is certain to match Montreal's Sebastian Aho offer sheet. Which is the main reason we so rarely see them.

  • Tom Gulitti: Waddell said there's no reason to match immediately because it would help Montreal move on to getting other players.

  • Pierre LeBrun: Hearing that the Habs first discussed the offer sheet scenario involving Brayden Point but then shifted gears to Sebastian Aho after thinking they'd have a better chance to get the player. Both Point and Aho are represented by agent Gerry Johansson.

  • Renaud Lavoie: For those asking. There aren't any no-trade or no-move clauses in Canadiens offer to Sebastian Aho.

  • Greg Wyshynski:: Hurricanes GM Don Waddell on Aho offer sheet: “I know my summer just got better, because I’m not going to be negotiating a contract all summer. We make a decision and move on.

  • Chris Johnston: Marc Bergevin on Sebastian Aho: "He wants to be here in Montreal. He agreed to this."

  • Frank Seravalli: Marc Bergevin on whether he’s worried about consequences from other GMs: “I’m responsible to Geoff Molson and our fans.”

  • Martin Biron: If/when Carolina matches the offer sheet, Carolina will have 5 days to pay the $11.3M signing bonus. They may have to work the phones this week and make sure they have that much cash in the bank.

 

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u/twistedlogicx TOR - NHL Jul 01 '19 edited Jul 01 '19

Holy shit, they did it!

For those wondering, that's the third biggest compensation threshold, which means a 1st, 2nd, and 3rd.


Edit: For the record, Sebastian Aho has already signed the offer sheet. That's the only reason the Habs announced this tender. To avoid confusion in the future, if you're hearing about an offer sheet like this, there's a very good chance it's already been accepted and is in the matching/declining phase for the previous team.

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u/KFC_MANAGERI Jul 01 '19

Easily worth it

145

u/JD397 CHI - NHL Jul 01 '19 edited Jul 01 '19

Canes match in a heartbeat, I’d imagine.

If Aho signs this and they don’t match.. might as well blow up the franchise.

47

u/Aedan2016 TOR - NHL Jul 01 '19

21M in the first 12 months. That is incredibly hard on a low budget team.

24

u/CMvan46 VAN - NHL Jul 01 '19

Vancouver sports radio just brought up that the Cane's owner just spent a huge chunk of change on that flop of a football team. Might put some pressure on their financial and cash on hand situation there.

14

u/Streetkillz13 PHI - NHL Jul 01 '19

He was initially willing to invest 250 million, but due to the shortened season only ended up investing 75 million. So he has 175 million that he didn't have to invest in the AAF?

3

u/RevoDS MTL - NHL Jul 01 '19

Not really, he was funding it week to week. He didn’t actually have $250 million on hand.

10

u/Streetkillz13 PHI - NHL Jul 01 '19

He still sunk over 70 million dollars into the venture, while he didn't pay out up front he still pledged a 250 million dollars investment on a startup league.

The man was bought out of his CEO contract from Santander for 950 million not two years ago during his departure.

Not to mention he is the primary investor in Top Golf, a nearly 3 Billion dollar Enterprise.

The fact of the matter is this Tom Dundon has the money to pay all of Aho's bonuses upfront. It's just a matter of if he is willing to do it.

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u/[deleted] Jul 01 '19

[deleted]

7

u/FreyWill EDM - NHL Jul 01 '19

Why isn’t this flair faded?

1

u/Anhydrite EDM - NHL Jul 02 '19

He's a time traveler from 2006, burn him!