Inside the last 24 hours: Will the Blues re-sign Alex Pietrangelo or is he gone? – The Athletic
When talks broke down three weeks ago, Pietrangelo was
rather candid in an interview with
The Athletic, stating that he might be moving on. But shortly thereafter, his representation at Newport Sports Management Inc. and Blues general manager Doug Armstrong re-engaged.
The talks have been good, but sources say no real progress has been made.
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It’s not yet known if the Blues will increase the AAV, but from Pietrangelo’s perspective, it appears he’s more concerned about the other issues than the AAV. If the dollar amount was the priority, he’s probably going to get more elsewhere, so that he’s still seeking to hear the structure of the Blues’ pending offer is important to note.
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It’s believed there are takers for Blues center Tyler Bozak, and perhaps defenseman Justin Faulk, but it would require Armstrong giving up draft picks and retaining salary.
The GM has had to decide, for example, whether trading Bozak and perhaps a third-round pick, as well as retaining part of Bozak’s $5 million salary in 2020-21, makes sense. Similarly with Faulk, Armstrong might be able to find a taker for his new seven-year extension (with a $6.5 million AAV), but is he willing to surrender, let’s say, a second-round pick and retain salary?
Thus far, a source said, Armstrong hasn’t wanted to commit to those types of moves in order to sign Pietrangelo, who will turn 31 in January, to a long-term extension.
There’s also the possibility of a surprising trade, such as Jaden Schwartz, 28, who carries a $5.35 million AAV on the final year of his contract and could command $7 million-plus on his next deal. Or there could be plans to put Vladimir Tarasenko or Alexander Steen, or both, on long-term injured reserve (LTIR) to start the season. Also, the CBA does allow teams to go over the cap as much as 10 percent in the offseason, as long as they’re compliant by the start of the season, which is planned for Jan. 1.