- Jul 27, 2021
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I don't think it's illegal or against the rules to 'talk' to the player about an extension before July 1st but I believe you just can't publicly announce that you've reached a deal. Like when we got Landeskog signed before UFA started - that was negotiated technically before July 1st.
I know that players that are on a 1 year deal can negotiate an extension as soon as January 1st of the expiring year of that contract. Players on multi-year contracts have to wait until there is exactly 1 year left on their deals (July 1st) until the officially announce the extension. However, teams would be doing themselves a disservice if they didn't talk to the agent and get a feel for what's happening at least a couple of weeks before the draft, so that they can make decisions on the future of their team.
As far as Matthews goes, the leafs need to get this done - ASAP - because he has a NMC that's kicking in with 1 year left on his deal. So, IF they do not reach an agreement on a long-term contract, Matthews can just play out his last year in Toronto and then 'consider his options' -> AKA sign in Arizona as a UFA and the leafs get NOTHING.
Landeskog's situation was different. He was in the last year of his contract. The Avs maintained exclusive negotiating rights with Landeskog up until the free agent window (which started on July 28, 2021 due to COVID). They could have signed him to an extension as early as October 2020 (or whenever the free agent window started after the bubble playoffs), but the front office and player decided not to and we had another Stastny "will he or won't he" situation.
Since Matthews is on a multi-year deal with slightly more than 1 year left on the deal, the Leafs cannot legally sign up before the NMC is up. I think the sides are technically not even allowed to talk extension before July 1st, but I might wrong and besides I'm sure they cheat on this rule all the time.
So, the Leafs will have to make a decision without a signed contract in hand, only based on the feeling they get from communication with the agent. Calgary chose this path with Gaudreau, based on the vibes they thought it was worth the risk to keep him and they would re-sign him between the end of the season and the free agent window (the same bet we made with Landeskog).
Unless the Leafs made some kind of wild offer like $14 or $15 million/year to Matthews, I don't see any motivation for Matthews to have a wink-wink handshake deal to sign the extension on July 1st. The player holds all the leverage heading into UFA status both in terms of being able to play teams against each other (for more salary, larger percentage signing bonus, whatever) and also choose where to play (tax free state, lower stress market, warmer climate, nearby a River, etc.). Why would Matthews give that up just to make the Leafs' front office's job easier?
The Leafs have overpaid Marner and Tavares in their latest deals, and it's hurt their ability to fill out their roster with depth (if it weren't for the Ontario factor and so many veterans are willing to play for their childhood team for cheap, they would be in even more trouble). They really can't afford to give Matthews an extra $1.5 or $2 million per year over 8 years just to mitigate the risk that he walks for nothing.
Regarding the NMC clause—the Leafs have until July 1 to trade Matthews to any location in the league without his permission. But if negotiations go south in July, the Leafs could still trade Matthews in a blockbuster deal as long as he's willing to waive his NMC.