Nylander's is out of wack due to how few UFA years we bought. Only Larkin gave up one UFA year. Kyle Connor is pretty clearly a reasonable comaprable, yet even with lockout protection and frontloaded money, Nylander came in at only .2m less while giving up one less contract year, and 2 less UFA years. Ehlers got significantly less for 7 (again, giving up 3 ufa years). None of these got things which are supposed to bring down cap hits such as frontloading and some level of lockout protection.
Which comparables is Matthews in line with? Its a better contract than McDavid. His comparable was between Eichel and McDavid. So, cap hit is fine, but only if the contract is for 8. The only way these contracts are actually in-line on any level with their recent comprables is if we just ignore term given, how the contracts structure significantly benefits the player, and how many UFA years bought. Everyone wants to talk about the Malkin or Toews deals. Malkins contract was all in base salary, and he had no lockout protection costing him 4.5m in 2012/13. Toews contract has 1.5m signing bonus in year one, and no lockout protection (costing him around 2.5m in 2012/13). I get giving these guys lockout protection, but only if it helps bring down the cap #. That didn't happen in any single case. They are all on the very high-end of their comparables, in many ways, significantly ahead.