Ducks extend Frank Vatrano (3 years, $4.57M AAV) - includes deferred salary

[Sendhelp2Anaheim]

Cool, I think Vatrano will be a good middle 6 guy, and great bottom 6 guy.

Plays with a lot of energy, can score goals and is a bit fiesty

 

[Goose of Reason]

Honestly that AAV is totally fine, what an interesting way to structure the contract.

 

[MMC]

“Frank is an important member of our team and is committed to the organization moving forward,” said Ducks General Manager Pat Verbeek. “He is a hard-nosed, competitive player with a gift for scoring goals. We couldn’t be happier for Frank to sign for three more years.”

 

[MMC]

“I see how bright our future is and we are making turns in the right direction to ultimately bring a Stanley Cup to Anaheim,” said Vatrano. “I couldn’t be happier to sign a three-year extension, and I am excited to help this team grow and be a big part of our future.”

 

[ADHB]

Wow thats a great deal. He gets his $18m with less of a tax hit and we get only a $4.57m cap hit for 3 years

He has to be open to it, since $9 million 10 years from now is worth less than $9 million now (which is accounted for in the cap hit, which reflects the contract’s present day value). But that shows he wants to be here.

 

[Hamilton Bulldogs]

Good to see it, love Frank!

 

[Dryish]

I was glad when Frank was brought in, I am glad now that he's extended and will be here for longer. This is nice.

 

[anezthes]

...which is accounted for in the cap hit, which reflects the contract’s present day value...

How does the $900k per year for 10 years, starting in '35, affect the cap? Explain it to me like I'm @Arthuros.

 

[Static]

How does the $900k per year for 10 years, starting in '35, affect the cap? Explain it to me like I'm @Arthuros.

It doesnt, since frank will be retired.

 

[TheStuntman]

I thought he'd be gone by the deadline. Great extension!

 

[Sendhelp2Anaheim]

I thought he'd be gone by the deadline. Great extension!

Yep I’m expecting a move for top 6 help at some point now.

Bringing Vatrano back to me means PV thinks team is on right track

 

[Wheatens]

Good contract honestly. Clever to use contract negotiations that have happened in MLB to circumvent issues, ends up being good for both the team and player. Vatrano plays a very flexible style of hockey, and should continue to be a positive presence!

 

[lwvs84]

4.57M hit, no cap hit during the deferred years

That's really good. Great move by Vatrano too, it sets him up to have a steady income after he's retired too through his 40's

 

[WhatTheDuck]

Love this honestly. I was concerned about giving him a big long term deal but also didn't want to trade him for next to nothing as a rental. 3 years at that cap hit is basically a no brainer. The deffered money is an interesting twist but kept the term and cap hit where we needed them - so I'm in favor.

Overall I'm quite happy for Frank, and with how this situation was resolved.

 

[anezthes]

It doesnt, since frank will be retired.

How did they arrive at a cap hit of $4.57M?

 

[MMC]

How did they arrive at a cap hit of $4.57M?

 

[MMC]

Crazy to think he’s going to be receiving less cash over the 3 years of this extension than his first 3 year deal here

 

[Gliff]

God I hope they do away with deferred money, or at least make it not change the cap hit.

This is going to get crazy.

 

[Static]

How did they arrive at a cap hit of $4.57M?

I have no idea

 

[All Mighty]

I don’t like the idea of deferred money to circumvent the cap, but since it’s allowed, I’m glad the Ducks are taking advantage of it.

 

[Leonardo87]

Frank the Tank!

Feels good starting to re-sign pending UFA’s and not selling everyone off.

Time to turn this ship. Tired of lottery crap.

 

[Static]

Interesting take

 

[Hockey Duckie]

Hmmmm... Players pay taxes where they play, which kinda means the payment form is through the NHL? And is that how Vatrano can avoid CA's high taxes? What a great selling point for the Ducks' CPA!

 

[robbieboy3686]

Props to Verbeek on this one. Really creative and good deal. Cap hit of 4.5ish for Vatrano is a no brainer

And only 3 years too! We were all worried about giving a 5th year

 

[Big Fat Rebound]

I know they’re worth gazillions so the money is pocket change to them, but I still give credit to the Samuelis for greenlighting the deferred salary, especially since a certain other owner in this city who’s not exactly crying poor would never do something like it