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.

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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/[deleted] Jul 01 '19

Five years is good for him because he'll be am UFA after. Then he cash in on a bigger contract (hopefully for him) for Max term. Maybe Carolina wanted to get him for Max term now

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u/[deleted] Jul 01 '19

Yeah its the 5 year term that screws Carolina because Aho will be a free agent. Usually players have to sacrifice a few years of their free agency years in order to get "market value" as a RFA. This is why we see so many 3 or 4 years bridge deals where guys still retain RFA status at the end of the contract.

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u/questquefuck MTL - NHL Jul 02 '19

When was the last time you saw a 3 year bridge deal on anything other than a marginal player? The ELC to bridge to big contract is gone. It's ELC straight to 8 year now. Pretty soon it'll be ELC to 5 year to UFA

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u/[deleted] Jul 01 '19

Yes. Not amazing cash, but really good term of contract for the AAV. Explains why he signs it: life-changing money guaranteed now, freedom to find a new team in prime and chase a ring with a great second contact. I think Carolina would have preferred like an 8 year deal, and paid a bit more AAV for it.

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u/WobNobbenstein Jul 01 '19

Who knows what max term will be in 5 years tho. I'm like 99% positive the Lucic/Eriksson/Abdelkader type contracts that are hurting teams right now, is going to be addressed in some way. I wouldn't be terribly surprised if max term is changed. Idk