Dreger: McDavid may cost 14 million

EdmFlyersfan

Registered User
Feb 20, 2007
4,968
3,316
Edmonton
That's because Giordano isn't the next Lidstrom; unlike McDavid who is the future face of the entire NHL.

Except Toronto, where Matthews == McDavid will make things challenging. :sarcasm:


That said, TSN had Giordano's expected contract at $72m over 8 years, $9m per season. Didn't come anywhere near that. Stamkos? Not anywhere near.

Click-bait.
 

victor

Registered User
Sep 6, 2003
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0
That's because Giordano isn't the next Lidstrom; unlike McDavid who is the future face of the entire NHL.

Won't it be awesome watching him winning cups wearing the jersey featured on the cover of NHL'18, playing for "his team?"

Something tells me you're going to be disappointed about McDavid's next contract - it won't be the cap killer you're hoping for.

Funny thing, about the Strome for Eberle deal. No one's talking about the McDavid and Strome family connection.
 

victor

Registered User
Sep 6, 2003
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LOL. You really don't understand why people want to earn a lot of money?

Yeah, because making an extra couple of million over a career when they're going to make 200 million is worth enough to handcuff their ability win championships?

Honestly - how much has McDavid made so far, and do you think that money is what is driving him?
 

Weast

Registered User
May 16, 2011
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Yeah, because making an extra couple of million over a career when they're going to make 200 million is worth enough to handcuff their ability win championships?

Honestly - how much has McDavid made so far, and do you think that money is what is driving him?

Lol
"an extra couple of million"
 

victor

Registered User
Sep 6, 2003
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0
Lol
"an extra couple of million"

Say the difference is 2 million per season over 8, 16 million, + gains for interest. Say 20 million over a career, which would be 10% of his career earnings (intentionally lowballing the number for his career, not including endorsements that would increase it, based on championships.)

Would a player like Iginla have given up 10% of his career earnings for a cup?
 

Cubs2024wildcard

America F YEAH!!!
Apr 29, 2015
8,100
2,629
Why would McDavid handcuff his own team?
Why wouldn't he?

All he has to do is read this thread with many proclaiming him the "face of the NHL" when many in the states have no clue who he is.

Pay up, he says. I am the face of the NHL

(Crickets)
 

BlueBaron

Registered User
May 29, 2006
15,752
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Sarnia, On
Say the difference is 2 million per season over 8, 16 million, + gains for interest. Say 20 million over a career, which would be 10% of his career earnings (intentionally lowballing the number for his career, not including endorsements that would increase it, based on championships.)

Would a player like Iginla have given up 10% of his career earnings for a cup?

Fact is after a certain point the money can no longer really improve your life. These guys are generally motivated by winning far more than money.
 

VainGretzky

Registered User
Jun 4, 2015
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Bobby Orr his agent knows about career ending injuries and may want his client to maximize on his contract; also it helps line Orr's pockets.
Yea why Hall only signed for 6 million 7 years at 8.5% of the cap hit so he could maximize the screw job on the Oilers. His agent Orr advised him.
 

WestCoastLeafs

I beleaf
Jun 10, 2013
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He could probably get a max deal, but it's going to hurt his chances of winning the cup. Do the math and see how much it costs to pay 4 good d-men, some more high-end forwards, and still have enough money left over to put together a quality supporting core.

McDavid does not seem like me to be someone who would hold out for the absolute maximum deal he can get.
 

Weast

Registered User
May 16, 2011
3,150
1,454
Say the difference is 2 million per season over 8, 16 million, + gains for interest. Say 20 million over a career, which would be 10% of his career earnings (intentionally lowballing the number for his career, not including endorsements that would increase it, based on championships.)

Would a player like Iginla have given up 10% of his career earnings for a cup?

If he takes a 2 million dollar discount, he still is signing for 12 million according to the article, I don't think that that 2 million can get more than an average bottom pair defenceman. McDavid will probably win cups with or without taking a discount
 

Soundwave

Registered User
Mar 1, 2007
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Fact is after a certain point the money can no longer really improve your life. These guys are generally motivated by winning far more than money.

Agreed. Ask Kane or Crosby if they'd give back any one of their Cups for $2 million that season and have it replaced by the memory of a loss for that season.

The answer would be hell no.

When you have $40-$45 million in the bank, your lifestyle is not any different from $50-$55 million. You should be living very, very, very comfortably just off the dividend income from your stock/bond portfolio without even touching your principal.

Meaning if you manage your money correctly, you should never even spend the actual pay you take home after tax and still live like a king (other than maybe the downpayment on your home purchases).
 

victor

Registered User
Sep 6, 2003
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If he takes a 2 million dollar discount, he still is signing for 12 million according to the article, I don't think that that 2 million can get more than an average bottom pair defenceman. McDavid will probably win cups with or without taking a discount

Well, it's up to him if he wants to spend those dollars on a defender.

I agree that he'll likely win cups with or without the discount. Listening to him last night while accepting awards, he sounds like he's committed to Edmonton, and wants to win with them.
 

Oilwings

Registered User
Jan 23, 2006
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Agreed. Ask Kane or Crosby if they'd give back any one of their Cups for $2 million that season and have it replaced by the memory of a loss for that season.

The answer would be hell no.

When you have $35-$40 million in the bank, your lifestyle is not any different from $50-$55 million. You should be living very, very, very comfortably just off the dividend income from your stock/bond portfolio without even touching your principal.

Meaning if you manage your money correctly, you should never even spend the actual pay you take home and still live like a king (other than maybe the downpayment on your home purchase).

No everyone invest in bonds/stock. They just leave the money in their bank account and live off of it.
 

Soundwave

Registered User
Mar 1, 2007
74,165
30,357
No everyone invest in bonds/stock. They just leave the money in their bank account and live off of it.

Anyone who has a net worth past $2 million would be extremely foolish to do that.

You don't invest in stocks/bonds individually either, you just hire an investment manager or it's easy simply to have a low fee index fund to put the money into.

If you're putting your money in the bank like a 12-year-old does, that's crazy as an NHL player. You badly need to go spend 30 minutes even researching how to better manage your money.

An NBA player like Shaquille O' Neal for example has said he never spent a dime on the principal of the money he made (meaning the actual salary he took home after tax), and yet he lives a life of luxury few people could even dream of, several luxury mansions in different cities, a fleet of cars, etc. etc. etc.
 

LemmyUlanov55

4th line grinder
Apr 3, 2016
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The cap goes up every year and McD's worth the money. Don't think he'll want $14M (probably around $12M) but even if so, everything's fine.
 

aufheben

#Norris4Fox
Jan 31, 2013
53,866
27,721
New Jersey
Bobby Holik was making $9 million a year, 15 years ago, and people say McDavid isn't worth 14? I know it's cap era, but he can easily get that. Teams have no problem paying scrubs 3-4 million, they can pay him 14.
You say that like it worked out so well lol
 

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