Confirmed with Link: Avs Sign LOC to 6-Year Extension (6 x $2.5M AAV)

[The Merchant]

https://x.com/i/web/status/1838343899418333581

https://x.com/i/web/status/1838345173723680787

Click to read more...

 

[Muffin]

Probably a lower AAV for longer terms.

 

[BobRossColton]

6x2?

 

[The Abusement Park]

That is.... risky. But if the AAV is low could be good.

 

[sethro109]

Whoa. I wanna see some numbers damnit!

 

[ASmileyFace]

Six year!?! Holy moly. Better be a low aav

 

[EdAVSfan]

I don’t think a single poster here envisioned a scenario where we were keeping LOC past this season

 

[Colorado Avalanche]

It's a gamble, but let's hope for the best.

Deal has some upside to it too though

 

[avalanche_country]

I don’t think a single poster here envisioned a scenario where we were keeping LOC past this season

I sure didn’t

 

[SirLoinOfCloth]

LOC was/is more important to this team than some people realize. We sorely missed him after he opted for surgery. Hoping for a reasonable AAV given the term, but I am happy to have him stick around.

 

[Bill Peckerskull]

 

[henchman21]

The Wood deal

 

[The Merchant]

No-brainer with the cap about to explode. LOC is a glue guy, through and through.

 

[Balthazar]

He still has another year though...so that's 7 more years.

Hopefully he's the same player as he was before his surgery else that's a long ass contract.

 

[Foppa2118]

I don’t think a single poster here envisioned a scenario where we were keeping LOC past this season

I mentioned a few times I thought they may keep LOC. I even thought he may get the Wood deal, which it looks like he did. Mainly because Wood and Colton are locked up long term too, and that line has been much less effective without LOC.

I also thought the team may have some potential big plans to clear cap space anyway for Mikko, and that could have opened up room for guys like LOC and Drouin long term.

It's interesting they did this before he played a game after his hip surgery though. They must feel comfortable with how he's been skating in camp.

 

[sethro109]

2.5? I'll f***ing take it! For our #1 PKer and 3rd line staple, I like this a lot.

So our 3rd line is:

$2.5 - $4.0 - $2.5

 

[ASmileyFace]

I don’t think a single poster here envisioned a scenario where we were keeping LOC past this season

I sure didn't. I really thought he would take a gamble on this season and make bank in UFA. He must really like colorado

 

[Colorado Avalanche]

I sure didn't. I really thought he would take a gamble on this season and make bank in UFA. He must really like colorado

I don't know. There's a chance things go bad too. He is at least save for life with this deal.

 

[Balthazar]

This team is getting a lot of looooooooong term contracts...they are gonna grow old together. Real old.

 

[Toothless Legend]

It's interesting they did this before he played a game after his hip surgery though. They must feel comfortable with how he's been skating in camp.

That was my first reaction. This couldn't have waited 10-15 games in?

 

[Foppa2118]

Have to keep LOC at $2.5M.

Feels like the plan is to move Colton next year when his NTC becomes a M-NTC, and then replace him with Ritchie, or Mitts if Ritchie outplays him.

A 3rd line of Wood-Ritchie-LOC at about $6M total (about $6.2M after Ritchie's bonuses) is about as good a cap hit as you can hope for on a contender.

 

[the_fan]

Nice!

 

[hockeyfish]

Sweet

 

[MonsterMack]

Very happy about this

 

[dahrougem2]

This is shocking. He must REALLY love it here because I honestly think if he had a good year he could give himself a 4x4 or at least 4x3.5 contract as a UFA.