8 year terms have become more popular, but there is a lot more room to maximize term and cap hit percentage when the player hasn't really broken out yet, and/or the team isn't expected to be immediately competitive. That wasn't our situation. 5 years is still the most common high end post-ELC term. In fact, half of the top 20 post-ELC cap hit percentages ever given out have been 5 year terms. Of course there was media coverage. Media thrives on the drama, and this fanbase is huge and happily eats it up without any thought.