Confirmed with Link: Seth Jarvis signs 8 year, $63.2m extension ($7.5m aav, 9th year deferred salary and $30m signing bonus)

[Svechhammer]

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[A Star is Burns]

But why oh why did we piss him off so? He'll never want to stick around long term now.

Super thrilled to have this talented goofball here for a while.

 

[Identity404]

Jarvis is probably ok with the amount of deferred money because he knows he lacks the brain cells to invest wisely and wants something left at the end of the deal.

 

[Svechhammer]

But why oh why did we piss him off so? He'll never want to stick around long term now.

Super thrilled to have this talented goofball here for a while.

Got to sit next to his family during the playoffs.

We are fortunate to have all those goofballs with us for the long haul. His brother is exactly like him

 

[Blueline Bomber]

I love the fact that Tulsky apparently already successfully included this type of deal in the Slavin contract and waited to see if anyone (the league, other GMs, etc) would raise a fuss about it. And now included a bigger portion in this contract.

 

[To Be Determined]

Okey dokey.


(Play it cool, maybe no one will notice the erection...)

 

[A Star is Burns]

I love the fact that Tulsky apparently already successfully included this type of deal in the Slavin contract and waited to see if anyone (the league, other GMs, etc) would raise a fuss about it. And now included a bigger portion in this contract.

It's definitely interesting to seemingly be at the forefront of something like this. And go figure, aside from looking at other roster options, there was a perfectly logical reason this might have taken a while. Folks just need to relax sometimes.

 

[CandyCanes]

Wonder what 30 year old Seth Jarvis will be like. Gonna be funny to watch this kid turn into a 30 year old over the next 8 years.

 

[the halleJOKEL]

i like this, this is good

 

[Blueline Bomber]

Wonder what 30 year old Seth Jarvis will be like. Gonna be funny to watch this kid turn into a 30 year old over the next 8 years.

Look at Martinook. Guys with that kind of personality rarely lose it as they age.

 

[Svechhammer]

Okey dokey.


(Play it cool, maybe no one will notice the erection...)

 

[A Star is Burns]

Now the big question. Did they try this with Guentzel and was that part of why it took so long and ultimately didn't land?

 

[Svechhammer]

 

[Svechhammer]

Oh trade board is bigly mad over the deferred 9th year that doesn't carry a cap hit

 

[Nikishin Go Boom]

Masterful cap work here

 

[Anton Dubinchuk]

So… more than Svech even without the deferred payment. Wow. Nice deal, and only highlights even more how nice the Svech contract is lol.

 

[HisIceness]

Huh, for a second there I thought perhaps Jarvis was going to play for free.

 

[Wolfpuck]

Oh trade board is bigly mad over the deferred 9th year that doesn't carry a cap hit

They’re just salty that Tulsky is smarter than all the other GMs combined.

 

[A Star is Burns]

I haven't looked at the main board but I see folks on Twitter with blown minds. And I think many of them will be more upset their GMs couldn't get this type of thing done before.

 

[To Be Determined]

is the deferred payment just the difference in the normally calculated over 8 years cap hit and the actual cap hit? so, 7.9. - 7.5 = 400k per year? 3.2 million total paid day one of year 9?

given where the cap should to be in 9 years, insert sam adams "drink beer from a bottle? BRILLIANT!" guys here.

edit - allegedly the deferred money never hits the cap? wow

 

[TheReelChuckFletcher]

I never thought I would see the day that the Hurricanes franchise would be one of those "evil", big-money teams that do salary tricks to pay guys more than their cap hit, but that's what happen when Karmanos leaves, Dundon comes in, and six straight post-seasons occur. It's an exciting time to be a Canes fan!

 

[Chrispy]

is the deferred payment just the difference in the normally calculated over 8 years cap hit and the actual cap hit? so, 7.9. - 7.5 = 400k per year? 3.2 million total paid day one of year 9?

given where the cap should to be in 9 years, insert sam adams "drink beer from a bottle? BRILLIANT!" guys here.

edit - allegedly the deferred money never hits the cap? wow

That last part will be the obvious fix: the last signing bonus will count on that years cap whether the player is still there or not. Similar to how you have to pay a player the signing bonuses when you buy him out.

But even with that it’s a brilliant move to work around the cap and the fact Tulsky took it to the league first shows it’s at least by the letter of the law.

 

[cptjeff]

Oh trade board is bigly mad over the deferred 9th year that doesn't carry a cap hit

I mean, that's kinda reasonable, because it's very, very circumventiony. We found ourselves a loophole that nobody else has exploited yet, to the point I'm quite surprised the league allowed it.

Anyhow, glad he's back!

 

[Anton Dubinchuk]

It’s cool but I’m also concerned about the precedent it sets.

Not that I think it’s wrong or bad at all. But like… we might’ve just showed the league a gamechanging loophole that apparently only we knew about, and we showed our cards and made that big reveal to save only $400k/yr on the cap (<1% of cap ceiling).

Not much of a first mover’s advantage. Edmonton thanks us.

 

[TheReelChuckFletcher]

I have never had an issue with teams finding any sort of way to get an edge competitively. I admire, rather than hate, FO groups like Vegas's team who will use any trick in the book to maximize their competitive window and acquire fresh talent. It's cool to see that Carolina is now on those lists of teams rather than the miserly, sad-sack clubs who prefer to complain rather than put the effort to bring a quality product every year.