Rumor: Canucks on the verge of signing Elias Pettersson for eight years!

[Bobby9]

12M per is BRUTAL.

Great skill, but we need him to gain weight and strength big time. He's a 10M dollar player. More to winning a series than just points.

Worried he isn't built for a playoff grind

 

[Canucks LB]

12M per is BRUTAL.

Great skill, but we need him to gain weight and strength big time. He's a 10M dollar player. More to winning a series than just points.

Worried he isn't built for a playoff grind

The cap is skyrocketing, in a few years years 12 million is going to be basically a standard first line forward contract

 

[theguardianII]

Hmmm, pressure on?

What a surprise, not a contract, a trade.

It is the team deciding which direction to go.

They reached the point where they have to build either way.

The team's deadline is coming.

 

[Vector]

That was Gord Miller.

"Just keep doing what they’re doing. That’s a good young team that is only going to get better. I think some Canucks fans owe Jim Benning an apology. "

Still, TSN has unlikeable clowns.

At least Miller asked for a mulligan on this one. He's deleted his twitter account so all that's left is the replies, though.

 

[Canucker]

$12M is not a bargain today, but it is about where his market value is...it would take him to 33 years old and if he keeps elevating his game it will likely be a bargain towards the end of his deal. Wouldn't be upset at it, but wouldn't be overly happy either. It would just be nice to have the finality of having to listen to the "will he/won't he" signing discussions.

 

[Vector]

 

[HairyKneel]

Young? Who? What is "young"? Everyone under 40 yrs old? 30? 25?
Benning an apology? For becoming the worst GM in NHL hockey history? Leading failures in every level?

Get outside and get some fresh air.

 

[PavelBure10]

If the contract starts with 12 "Which I don't mind but" then I am hoping that Pettersson takes a page out of Miller's book and takes his game to another level. Yes I know Petey is on the verge of having back to back 100 point seasons, that is indeed amazing. I just want to see a more engaged Pettersson after the contract is signed and out of mind. This year's Pettersson is quite a bit different from last year's, Petey seems more of a passenger this season rather than a play driver. I would like to see him put in the full effort on a nightly basis, rather than once every third game. Pettersson is easily one of the most talented players in the game no doubt about it, I just find myself questioning his intensity this season. Hopefully when everything is signed and done Petey can focus on just playing hockey. Overall I am just excited to hear this debacle coming to an end, and extremely happy and honored to be watching Pettersson as a Canuck. Especially if it's for a other 8 years.

Let's get er done baby.

 

[theguardianII]

Not news. Been at the table all along.

The only thing that has changed is the team deadline so they can move forward with the other 9 contracts and before the TDL.

Could very well see a EP trade like Rutherford hinted at in January

 

[LemonSauceD]

Not news. Been at the table all along.

The only thing that has changed is the team deadline so they can move forward with the other 9 contracts and before the TDL.

Could very well see a EP trade like Rutherford hinted at in January

Rutherford did not hint at trading Pettersson in January

 

[PavelBure10]

That was Gord Miller.

"Just keep doing what they’re doing. That’s a good young team that is only going to get better. I think some Canucks fans owe Jim Benning an apology. "

Still, TSN has unlikeable clowns.

I will personally shake Benning's hand for drafting Hughes.

Then I'd punch him in the face for the long list of f*** ups that he put us fans through for over 10 years. Tanev, Toffolli, Ekman Larsson....

Blah, Gord Miller is a moron. Benning cannot even be credited for drafting Pettersson, since we all know that was Delorme/Gradin. If Benning had his way we would of had Cody Glass.

Benning deserve no recognition or apology. Patrick Allvin on the other hand should win general manager of the year this year

 

[StreetHawk]

$12M is not a bargain today, but it is about where his market value is...it would take him to 33 years old and if he keeps elevating his game it will likely be a bargain towards the end of his deal. Wouldn't be upset at it, but wouldn't be overly happy either. It would just be nice to have the finality of having to listen to the "will he/won't he" signing discussions.

It's market value for a 25-33 year old's time under contract. Mack & Pasta are under contract from 28-36.

Every contract does not have to be considered an overpay or bargain. It's probably right where it should land.

 

[bossram]

$12M is beyond fair for a top-10 center. The cap is going up rapidly and people are going to have to get used to seeing some big AAVs coming up on star players. William Nylander got $11.5. On what Earth should Petey accept less than that?

Cost-certainty in a cap-inflating era, and throughout all of his prime years, would be a very good deal at almost any AAV.

 

[StickShift]

12M per is BRUTAL.

Great skill, but we need him to gain weight and strength big time. He's a 10M dollar player. More to winning a series than just points.

Worried he isn't built for a playoff grind

The cap is going to go up significantly in years to come. And we already have Hughes, Miller, and Demko signed to bargain contracts compared to their market value for several of those years.

Very rarely are the big contracts given to top-of-the-line players ever the issue with roster construction. It's usually the bloated contracts in your bottom-six and bottom-pair that become poisonous.

 

[Bourne Endeavor]

That was Gord Miller.

"Just keep doing what they’re doing. That’s a good young team that is only going to get better. I think some Canucks fans owe Jim Benning an apology. "

Still, TSN has unlikeable clowns.

I loathe when analysts like this try to give that clown credit. Hughes all but fell into his lap because Holland's a moron. While he didn't even Pettersson and had to be talked out of drafting Cody Glass. Normally, I wouldn't necessarily considering that as damning but he was specifically brought in for his drafting expertise.

They always like to conveniently ignore the idiocy of who we skipped on. Which is ironic considering they're in Toronto and said guy just signed for 11.5M

 

[Pure West]

A 25 year old centre about to have back to back 100 point seasons, entering an increasing cap environment. 12 million or around 100 million over 8 years sounds about right. Not a discount, not an overpayment.

If you think that's an overpayment, just wait until you see the other contracts that get signed this summer.

 

[Mr. Canucklehead]

A 25 year old centre about to have back to back 100 point seasons, entering an increasing cap environment. 12 million or around 100 million over 8 years sounds about right. Not a discount, not an overpayment.

If you think that's an overpayment, just wait until you see the other contracts that get signed this summer.

This for me. I don't bat an eye at $12M a year for that sort of pedigree.

I think for a long time, people have had unrealistic expectations with regards to players giving teams discounts. IIRC, even at the peak of the Canucks' success in the 2011 era with the team as close as brothers, players usually gave somewhere between $100K and $500K off an AAV. Not terribly significant in the overall scheme of things, but when five or six guys were doing it, it freed up a fair bit.

 

[theguardianII]

For the Canucks IF EP does sign a 8 year deal, it would be a steal for the Canucks.
Even if the grand total is 100 million EP is leaving 25 million or more on the table.
He could easily do 3 contracts at max. 25 to 28 for 44 million 28 to 31 for 64 million and 31 to ? for 80 million.
The cap goes up each year in the future and if he does a 14% each year then that is substantial.

IF there is a contract I still think it will be very short term, 5 years at the longest.

 

[I am toxic]

That was Gord Miller.

"Just keep doing what they’re doing. That’s a good young team that is only going to get better. I think some Canucks fans owe Jim Benning an apology. "

Still, TSN has unlikeable clowns.

Well eff me, now I am the one who owes apologies.

Thanks for ruining my morning.

 

[Spectrefire]

lmao, John Tavares signed for 11m AAV 6 years ago, and people think 12m for a much better player is overpay?

 

[JanBulisPiggyBack]

12 million is the bar

anything less and I'm living my life to its fullest, loving harder than ever before, everybody around me will be impacted by my positivity
anything more and I'm so incredible disappointed I will lose focus and my life will take a direct hit and I will prolly end up on east Hastings

 

[timw33]

A 25 year old centre about to have back to back 100 point seasons, entering an increasing cap environment. 12 million or around 100 million over 8 years sounds about right. Not a discount, not an overpayment.

If you think that's an overpayment, just wait until you see the other contracts that get signed this summer.

I think it just goes to show how some of our fan base have taken this player for granted and have a myopic view of what 100-point players cost in this day and age—especially when they've reached that level twice (if pace keeps up) before age 26.

This is just the table stakes cost for star producers, and the only way we were not going to pay him 10-12MM was if Jim Benning didn't completely blunder the last contract by filling out the rest of the cap structure before getting to Pettersson and Hughes—that was our one chance at having surplus value generated from that contract.

Good luck replacing 100 points of production out on the UFA market on 28/29/30 year olds for less money.

 

[Regress2TheMeme]

12 million might seem high in today's market but we're talking about an 8 year deal, not a 3 year deal. The contract will look great as soon as the cap starts to climb. Pettersson's best years could be in the back half of this deal which is the reverse of deals like Miller got.

 

[BenningHurtsMySoul]

I'm going $100M/8yrs. $12.5M AAV.

This is likely correct.

It's a looooooooot of money. The richest contract in team history. And it requires him to up his game even more in order to fully justify that cost.

But he's the single greatest all-around forward we've ever drafted, and if he can continue to sustain his level of play, his jersey will rightfully hang in the rafters of Rogers Arena some day.

I hope to see his consistency return to last year's form once this is done.

I think it just goes to show how some of our fan base have taken this player for granted and have a myopic view of what 100-point players cost in this day and age—especially when they've reached that level twice (if pace keeps up) before age 26.

This is just the table stakes cost for star producers, and the only way we were not going to pay him 10-12MM was if Jim Benning didn't completely blunder the last contract by filling out the rest of the cap structure before getting to Pettersson and Hughes—that was our one chance at having surplus value generated from that contract.

Good luck replacing 100 points of production out on the UFA market on 28/29/30 year olds for less money.

We're currently getting insane surplus value out of the Miller and Hughes contracts. Both of those guys should rightfully be well into double digits. We can afford to pay the other guy market rate.

 

[SeawaterOnIce]

How to make 12 mil seem fair.

There's a certain defenseman that's in year 2 of a 9,250,000 x 8 year contract.

Hint: He absolutely sucks.