Player Discussion Claude Giroux

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By the end of this season, Ottawa will have a full year of a new system and culture under their belt, a Vezina caliber starter and potentially top flight backup goalie locked in, and have their young star players with another year of experience. A playoff spot is very realistic and they could give anyone a stiff test in the 1st round when on their game.

From a hockey perspective, why wouldn’t Giroux think that with the right additions and tweaks, this team could be a contender?

Personally, he has 3 young kids, 2 of which are now in school in Ottawa. His wife loves living close to her family and friends, and they’re firmly entrenched in the new home they built right after he signed here. There’s a front office job waiting for him as soon as he retires, should he want it.

So you’re right, it is a different situation than in Dallas. But it’s still a situation that *could* very well lead to a hometown discount.
I don't think it's reasonable to expect this team to be a contender by next season, and I don't think it's reasonable to expect Giroux to think we'll be cup contenders.

It's all well and good to hope he takes a discount, it's happened with other players so it's not completely impossible, but there's a lot going against us, we lost Alfie to Detroit trying to get a hometown discount,

Could it happen, sure. But should we expect it to happen? Absolutely not. If it does we should count our blessings
 
I don't think it's reasonable to expect this team to be a contender by next season, and I don't think it's reasonable to expect Giroux to think we'll be cup contenders.

It's all well and good to hope he takes a discount, it's happened with other players so it's not completely impossible, but there's a lot going against us, we lost Alfie to Detroit trying to get a hometown discount,

Could it happen, sure. But should we expect it to happen? Absolutely not. If it does we should count our blessings

We lost Alfredsson because Eugene Melnyk reneged on a handshake agreement that was made between Alfredsson and Murray when he signed his previous contract, and likely did so in a "Eugene Melnyk way" that pissed a lot of people off.

Nobody is suggesting we should *expect* a discount. But it's certainly a possibility, and it doesn't take a lot of imagination to reason why Giroux could consider it.

I mean, if Ottawa offers $3M and Anaheim offers $5M? You think he's packing his bags to go? Now if Florida offers 5, that's a different story. But chances are, if he wants to jump on board a true "contender", they'll need a discount too. It's not like those teams have tons of cap to spend on 38 year olds. So why not take one here instead? Try and finish what you started.

So in your fantasy world, how does the conversation go

Hey G, you know that treatment plan we agreed on in consultation with the doctor that allowed you to avoid surgery and return to play after xmas? Yeah, were going to need to change that to spinal surgery so we can go ahead and make a trade. Oh, you don't want surgery, ok well I guess you can just sit out extra long and pretend to be hurt...

Yeah, that's real plausible.

What I said was if he is hindered by his back after returning to the point that a buyout is actually a reasonable option to explore, he could then go the surgery route in the offseason and block a buyout, saving himself over a million dollars and dealing with the issue that hindered his olay, note the "if". The point was in order for a buyout to make sense, his recovery would have to see a set back an if that's the case he has a means to both block a buyout and deal with his health.

The difference here is I'm coming from the perspective of in the event something happens, then he could take reasonable actions, you're coming from the land of fantasy where we can just talk him into going on LTIR so we can acquire a player regardless of his actual medical situation.

It would go something like this: "Hey G, you know that back injury you have that's kept you out for a month and a half already? We think it's best to be extra cautious. We're serious about making a playoff run this season, and we think we have a great shot at getting there. So why don't we prioritize getting you 100% healthy and ready to go for when the puck drops in April? We don't want to hit any setbacks that jeopardize having you available then, or in an even worse scenario, have you jeopardize your summer of training and start of next year. You're an important vet that we'll need to count on when the stakes get high. Let's extend the rehab program by 8 weeks to really be sure we've got you at full strength and up to speed."

Of course, he could still say no. Maybe they had that conversation and he did indeed say no. Or maybe they don't think there's anything they could use the LTIR money on that's better than Perron returning so they didn't even broach the topic. That'd be a perfectly reasonable position to have.

And FYI, it's a month past Christmas. If he doesn't play this weekend, there'll be just 36 games left in the year. It's not November anymore.

Also, a buyout may be a route to explore even if he comes back with no back issues. He may just fall off a cliff. It happens to players his age. He had 0 points in 9 games with no back injury. We won't know what he is until he plays. He may be everything we wanted. Or he may be someone who we don't want back.
 
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I don't think it's reasonable to expect this team to be a contender by next season, and I don't think it's reasonable to expect Giroux to think we'll be cup contenders.

It's all well and good to hope he takes a discount, it's happened with other players so it's not completely impossible, but there's a lot going against us, we lost Alfie to Detroit trying to get a hometown discount,

Could it happen, sure. But should we expect it to happen? Absolutely not. If it does we should count our blessings
The difference here is that losing Giroux to some other team is not a PR disaster, and if he's not giving us a discount we might as well shop around for an upgrade. Granted, attracting FAs is difficult.
 
The difference here is that losing Giroux to some other team is not a PR disaster, and if he's not giving us a discount we might as well shop around for an upgrade. Granted, attracting FAs is difficult.
Sure, if you think you can get a better option via UFA or trade, go for it. That's pretty different than the idea that we should be able to sign Giroux for 2.5 mil.
 
The whole Alfredsson contract debate. Revisited. Again. Man I thought that subject was put to bed ages ago
 
Sure, if you think you can get a better option via UFA or trade, go for it. That's pretty different than the idea that we should be able to sign Giroux for 2.5 mil.
Lots of optimistic assumptions are made when it comes to player salaries/cap hits. Grieg was supposed to come in at $2m, but his new contract has a $3.25 m cap hit. My (spreadsheet) estimate of $3 m was even a little low, but I got lots of push back that it was too high.
 
Could and should according to who?

He could sign for any amount, but should? This isn't a team that is likely to be wining the cup next year, so why is he taking a haircut?

If he signs at 3 mil, it would likely be a multi year deal acknowledging he will overperform it at the start and underperform it by the end, problem is that is the opposite of what we need. We're better off doing 1 year deals that align with his current expections, so instead of 3m for 2 years, you'd look for a 1 year at 4 followed by a 1 yr at 2, that way when we are closer to being a cup contender, we have more flexibility.

His past earnings aren't really relevant. McDavid has earned over 100 mil, that won't stop him from signing for what he's worth when his current deal expires next year.

Expecting a hometown discount is a recipe for pissing off players and losing them.

The team is responsible for managing it's cap, not Giroux.
If Giroux wants anything more than $4 million on a one year deal next year he won't be playing for the Senators. Maybe you don't see him as a declining asset but he is.
And your comparison with McDavid is a poor one as their age gap is vastly different. Tavares is a more likely comparison.
 
Anything else with that?
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Lots of optimistic assumptions are made when it comes to player salaries/cap hits. Grieg was supposed to come in at $2m, but his new contract has a $3.25 m cap hit. My (spreadsheet) estimate of $3 m was even a little low, but I got lots of push back that it was too high.
I think in Greg's case we gave him more term than people expected and that pushed the aav up but to your point, yeah, people often underestimate what it takes to sign guys.
 
If Giroux wants anything more than $4 million on a one year deal next year he won't be playing for the Senators. Maybe you don't see him as a declining asset but he is.
And your comparison with McDavid is a poor one as their age gap is vastly different. Tavares is a more likely comparison.
Their age gap relates to what their market worth would be, not their willingness to accept less than what they are worth.

The point I am making is not that he isn't declining, of course he is, hence why nobody is talking about giving him the 6.5 he currently earns, my point is he still has a market value that we should expect to be close to, expecting him to extend at 2.5 or 3 mil is just out of touch the reality ilof what the market would pay.

We just had to pay 4 mil times 2 yrs for Perron, and now the cap is going up significantly. That should give you a hint at what the market values older players at.
 
I think in Greg's case we gave him more term than people expected and that pushed the aav up but to your point, yeah, people often underestimate what it takes to sign guys.
Sure, I’d agree with that. Having said that, when you build a spreadsheet to capture expenses that have a maximum limit (aka salary cap), it's probably a lot better to be on the safe side versus being too aggressive.

On the Giroux subject, some have made the point that he could get an over-35 years of age contract with performance bonuses, but that could have carry over cap implications the following year as well. It's another thing that can get swept under the rug.
 
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Their age gap relates to what their market worth would be, not their willingness to accept less than what they are worth.

The point I am making is not that he isn't declining, of course he is, hence why nobody is talking about giving him the 6.5 he currently earns, my point is he still has a market value that we should expect to be close to, expecting him to extend at 2.5 or 3 mil is just out of touch the reality ilof what the market would pay.

We just had to pay 4 mil times 2 yrs for Perron, and now the cap is going up significantly. That should give you a hint at what the market values older players at.

Giroux’ market won’t be all 32 teams. If he’s going to leave, it’s probably not going to be to Anaheim or Buffalo.

Perron signed with a bad team in Canada. That leads me to believe he was open to playing pretty much anywhere, and took the best offer. We were it.

Will Giroux take the best offer from a bad team? I doubt it.

It’s not a good comparison.

If he leaves it’ll be to a top contender, and guess what, he’ll have to take a discount there too.

It was reported that when he was a UFA, Florida was offering less than $3M. And that was 3 years ago. They did the same thing with Tarasenko, who ended up going to Detroit for one last pay day. Is Giroux willing to go to Detroit to “maximize” his worth one last time?

Giroux’ market will likely be 3-4 teams, including Ottawa. What are those teams willing to pay?

I don’t expect Staios to completely lowball him, but it won’t be “market value”. Not 2.5M, but I’d expect something like 2x4M or even 1x4M.
 
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Giroux’ market won’t be all 32 teams. If he’s going to leave, it’s probably not going to be to Anaheim or Buffalo.

Perron signed with a bad team in Canada. That leads me to believe he was open to playing pretty much anywhere, and took the best offer. We were it.

Will Giroux take the best offer from a bad team? I doubt it.

It’s not a good comparison.

If he leaves it’ll be to a top contender, and guess what, he’ll have to take a discount there too.

It was reported that when he was a UFA, Florida was offering less than $3M. And that was 3 years ago. They did the same thing with Tarasenko, who ended up going to Detroit for one last pay day. Is Giroux willing to go to Detroit to “maximize” his worth one last time?

Giroux’ market will likely be 3-4 teams, including Ottawa. What are those teams willing to pay?

I don’t expect Staios to completely lowball him, but it won’t be “market value”. Not 2.5M, but I’d expect something like 2x4M or even 1x4M.
4 mil is reasonable for a home team discount deal, I think he might get a bit more on a 1 year deal, but we're in the ballpark. It's the idea of 2.5 or 3 that's just not realistic expectations,

I'd also suggest that those saying anything over 4 and he won't be playing here is unrealistic as well, we'll pay up to what it costs to get a suitable replacement, or at least we should, and I don't think you can find someone as good as Giroux at 4 that's willing to come here as a UFA. That's why Perron is a good comparison, that's what it takes for us to replace him. He isn't Pavelski or Bergeron who spent their entire careers with one team, maybe his family settling in is enough to keep him anchored here, but his kids are young enough that a move for a year or two doesn't upend their lives, he could easily choose to finish his career chasing a cup in sunny Florida.
 

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