I would offer Matthews a
3 year bridge deal at $11.634 mil to overlap the next 3 years of McDavid's $12.5 mil deal, to keep his contract in line with the
current market rates of the leagues best player.
- Everybody that understands contracts knows AM's current deal should have been
8 years at his current rate to start with, and that was already exceedingly generous based on rate of return to present, and should still have 4 years balance remaining at this point in time.
Also understanding but accepting,
IF McDavid's 63 goals/150 points is worth $12.5 mil cap usage vs Matthews 40 goals and 85 points for $11.634 mil it would be poor value on return at that current rate for Leafs.
As for a
current market reference point David Pastrnak is coming off a 2022-23 season of
61 goals 113 points (& runner up for Hart) just re-signed for 8 years at $11.25 mil. So adjusting for position from winger to center and based on Matthews previous year 2021-22 totals of
61 goals/ 106 points not 2022-23, then his current rate of $11.634 seems comparable and reasonable to extend him at now for 3 more years, Nathan MacKinnon also a #1OA pick like AM and franchise center coming off a
42 goals 111 point season and recent Stanley Cup begins year #1 of his 8 year $12.6 mil deal, so the playoff success allowing him to adjust the NHL ceiling marginally upwards as Connor can't claim that yet.
However when McDavid re-signs his next contact for say 5 years @ $15 mil setting the new NHL bar, I'd be comfortable coming in below that ceiling again, and it would be based on how Matthews performed statistically in comparison to McDavid during this same comparable years. Then if Matthews is still performing at a high level perhaps a 5 year $13.5 mil deal could be on the table but he would have to earn it based on current market prices and direct player comparison.
I'm all for giving Matthews a short 3-4 year deal but doing it to market correct.