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

[Unsustainable]

The deffered payment doesn't count against the cap after year 8 either.

 

[Identity404]

I’m guessing how this actually went down. Jarvis camp was at 8x8 and team was at 7.5x8. The deferred payments was how they met in the middle. Seems like a win-win to me.

 

[To Be Determined]

Now that the details are released, how long until the league announces our penalty for the clear (cba approved) cap circumvention?

one of you talented people need to mock up a fake statement/tweet announcing carolina will lose a 1st in 2025, however the penalty will be deferred to 2032 and will be lowered one round per year.

(For the lazing on labor day folks - it would be a 2032 8th rounder)

 

[Tryamw]

Now that the details are released, how long until the league announces our penalty for the clear (cba approved) cap circumvention?

one of you talented people need to mock up a fake statement/tweet announcing carolina will lose a 1st in 2025, however the penalty will be deferred to 2032 and will be lowered one round per year.

(For the lazing on labor day folks - it would be a 2032 8th rounder)

Thank you I didn't want to math today

 

[HisIceness]

Thank you I didn't want to math today

Isn't this why we have calculators?

 

[Tryamw]

Isn't this why we have calculators?

Still easier to have others do it for you

 

[Bub]

That headline...

Winnipeg's Seth Jarvis Signs Monster Eight-Year, $63.2 Million Contract

The Carolina Hurricanes have re-signed Seth Jarvis to an eight-year, max extension worth north of $63 million.

sports.yahoo.com

 

[DaveG]

That headline...

Winnipeg's Seth Jarvis Signs Monster Eight-Year, $63.2 Million Contract

The Carolina Hurricanes have re-signed Seth Jarvis to an eight-year, max extension worth north of $63 million.

sports.yahoo.com

that headline is technically correct... the best kind of correct.

 

[Bub]

that headline is technically correct... the best kind of correct.

Well, it's certainly eye-catching!

 

[Stickpucker]

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

I kinda hope this puts a mini chip on Svech's shoulder.

"Oh that little hobbit think he better at hockey than ME! I'll show him by scoring 45 goals!!!"

 

[tarheelhockey]

It looks like someone deliberately smudged the nipple out of this image…

 

[chaz4hockey]

Today's Press conference: Jarvis has certainly matured:

Watch: Seth Jarvis New Contract Press Conference | Carolina Hurricanes

Hear what the Canes forward and GM Eric Tulsky have to say after agreeing to a long-term extension

www.nhl.com

 

[Nikishin Go Boom]

He is using that money to tint the windows and get new rims on his Tiquan. Lol

 

[Stickpucker]

I think that's called a "tip". Guess you are new at being a waiter huh?

Oh he know the tip really well

 

[Unhinged Finn]

Today's Press conference: Jarvis has certainly matured:

Watch: Seth Jarvis New Contract Press Conference | Carolina Hurricanes

Hear what the Canes forward and GM Eric Tulsky have to say after agreeing to a long-term extension

www.nhl.com

He is a hoot and a half

 

[Nikishin Go Boom]

Im still trying to get the math to work on this LIBOR + 1.25% deal on the deferred money.

When i get the difference of the year 1 deferred money of 4.95 million then is 3.233 today. That gives a factor of 1.531. Getting ready of the whole and dividing by the number of years deferred (8), i get a rate of .06638. 6.638% is close to the LIBOR + 1.25%. I do that for year 2 and get a factor .064. That is close enough, 2 tenths of a percentage. But I do the same for year 7 and end up getting .056. So obviously im not mathing right.

Any interest loving people tell me what i am doing wrong to get the correct LIBOR + 1.25% factor.

 

[chaz4hockey]

Im still trying to get the math to work on this LIBOR + 1.25% deal on the deferred money.

When i get the difference of the year 1 deferred money of 4.95 million then is 3.233 today. That gives a factor of 1.531. Getting ready of the whole and dividing by the number of years deferred (8), i get a rate of .06638. 6.638% is close to the LIBOR + 1.25%. I do that for year 2 and get a factor .064. That is close enough, 2 tenths of a percentage. But I do the same for year 7 and end up getting .056. So obviously im not mathing right.

Any interest loving people tell me what i am doing wrong to get the correct LIBOR + 1.25% factor.

Libor rates varies by term and so does SOFR. Maybe the term you are using versus the contract is off.

 

[Lempo]

Yes, I should think that as they specifically have tied it to a benchmark interest rate, the idea is that the quotation of the applicable future date will be used when it is relevant.