Rumor: Kotkaniemi Extension - 8 x $4.25-$4.5

[Canadienna]

If Kotkaniemi ever figures it out this contract could be a steal. Or he could be an expensive 3rd liner for a long time. Personally I don't think he should sign for 8 years. There are greater odds that he ends up underpaid by 20 million than overpaid by 10 over the course of the deal.

I agree that it's more likely he's underpaid. I don't even know if a 4.5m 3rd line C will really be expensive especially in the second half of that contract if/when the cap goes up.

And considering his age and ability, seems like actually pretty low risk for high reward potential.

I guess you never know, so there's always some risk, but really - the kid is 21 and has 40+ career goals and nearly 100 points. He's not a scrub and in all likelihood he's not done developing.

 

[DearDiary]

I don't see the ceiling that someone of you see with KK. I don't think he's anything more than a 3rd line player now and in the future

 

[TheDoldrums]

I don't really understand Carolinas thinking here. Kotkaniemi has been extremely sheltered this year, why not actually give him a bigger role for a bit before committing 8 years to him?

 

[mikeyfan]

Reports surfaced Friday evening that forward Jesperi Kotkaniemi has reportedly been extended by the Hurricanes to an eight-year extension at a value of around $4.4 million per season. It’s an interesting deal coming off of an offer-sheet signing and it certainly shows the Hurricanes’ commitment to the player and his development. Andy Strickland is reporting that the terms of a deal are in place.

 

[mikeyfan]

I don't really understand Carolinas thinking here. Kotkaniemi has been extremely sheltered this year, why not actually give him a bigger role for a bit before committing 8 years to him?

Why, the cap at the end of the new contract will be in the neighborhood of 100 million. Even if played as a 4th line center 4.4 would be a good deal.

 

[mikeyfan]

Maybe this contract will get Necas to sign a similar contract

 

[Boom Boom Apathy]

Maybe this contract will get Necas to sign a similar contract

I'm skeptical. IMO, He'd be selling himself short to sign a contract like that. Sure, he's had a down year this year but he scored at a 63 point pace last year. If I was in his shoes, I'd sign a shorter term deal and bet on getting a bigger contract once the cap goes up.

 

[BB88]

I don't really understand Carolinas thinking here. Kotkaniemi has been extremely sheltered this year, why not actually give him a bigger role for a bit before committing 8 years to him?

What’s the big risk here?

 

[Poppy Whoa Sonnet]

I don't really understand Carolinas thinking here. Kotkaniemi has been extremely sheltered this year, why not actually give him a bigger role for a bit before committing 8 years to him?

Because after he shows well then he wouldn't commit to 8 years. Can't escape the feeling Carolina is trying to pull a bit of a fast one here on Kotkaniemi, giving him 4th line minutes then trying to get him to sign to 8 years before moving him up.

 

[bsu]

Great deal. Anyone hating on it has to have some type of vendetta. It's low risk, medium-high reward.

 

[Spearmint Rhino]

Great move by the Canes, everyone rips on KK but he’s 21 and his PTS/60 is very respectable so he will have better numbers when he’s not blocked from getting more ice time at his natural position, plus he’s been good in the playoffs. I think KK will end up leaving money on the table on this one if he signed a 4 yr deal

 

[Frank Drebin]

I would be happy with this deal as a Canes fan I think.

I would have thought Kotkaniemi and his agent would have wanted a 3-4 year deal at that amount

 

[expy]

Great contract. Another of Bergevin's blunders redeemed.

 

[Bruce Granville]

How dare you sign a cheap deal?! Shame on you.
For every Tavares, Nurse or Seabrook there is a Bergeron, Marchand or MacK.
I guess the latter were not attacked for their income like ever…
Maybe JK is still happy and grateful that he got out of Montreal…the team, not the city.
Maybe there was an agreement that he is overpaid by 200% atm?
If you take those 4m and add it to the next deal, 4.9m per year sounds reasonable…for both sides.

Money isn‘t everything.

 

[montreal]

good for KK and the Canes, he gets the long term contract and if it's the rumored 38.5M, that's 44.6M he's gotten from the Canes for 9 years, plenty of money and a place where it sounds like he's happy unlike with the Habs who had 2 coaches that didn't know how to develop him and a GM that rushed a known project to the NHL. But KK is one of the reasons MB is fired so at least some positive came out of it.

 

[Kudo Shinichi]

 

[WhiskeyYerTheDevils]

Great deal for the Canes. That offer sheet looks like it's really going to pay off.

 

[Kudo Shinichi]

Bigger salary than the original report

 

[Rob Sense]

Great deal for the Canes. That offer sheet looks like it's really going to pay off.

We'll see if it pays off.

 

[TheDoldrums]

Why, the cap at the end of the new contract will be in the neighborhood of 100 million. Even if played as a 4th line center 4.4 would be a good deal.

It's 4.8 and that would absolutely be a terrible deal for a 4th line centre. He's being paid every year not just 8 years from now.

I'm just not a fan of giving 8 year contracts to guys who aren't stars. I don't think Kotakaniemi was going to explode offensively and command a substantially higher AAV, just seems to limit the teams flexibility moving forward.

 

[Mr Positive]

Not only is this a great deal, but this was always to be expected. It was even said that the target number would be 1-2 million less than his offer sheet cap hit.

 

[AD Skinner]

4.82, wears number 82, must be the truth

 

[Bruce Granville]

It's 4.8 and that would absolutely be a terrible deal for a 4th line centre. He's being paid every year not just 8 years from now.

I'm just not a fan of giving 8 year contracts to guys who aren't stars. I don't think Kotakaniemi was going to explode offensively and command a substantially higher AAV, just seems to limit the teams flexibility moving forward.

It‘s 4.8, not 8.4

 

[Big Daddy Cane]

The variance in the rumored numbers is not insignificant.

I hope PuckPedia’s source is expecting based on convention (Kotkaniemi wears #82) rather than inside info.

 

[Grand Admiral Thrawn]

KK signs this deal and runs!
He knows he will never amount to more than what we've seen so far.

He got his 6 million this season.

Signing this deal would be like a 9 year deal at roughly 5 mill per.

He's the only winner here lol