never was going to happen...what was interesting though is that I had seen speculation that his contract value be $10M+ on the open market (Canes would never pay that of course).
I wasn't implying it was going to happen (Reinhardt to Carolina). Canes would have never paid that for him. I'm just pointing out that to have equivalent take home compensation, his $8.625x8 would need to have been $10Mx7 in Carolina.
He signed for far less....but of course when your aggregate contract value will approach $100M by the time this one ends, it's much easier to leave some $$$ on the table.
Somewhat. I'd say less, but probably not far less:
1) He gets an 8th year and he couldn't get that 8th year on the open market. As we all know, that's the way it usually works when teams utilize the 8th year. they get a lower AAV for that extra year. It's not often a guys signs for 8 years at the same AAV he could get on the open market so that's pretty typical.
2) the taxes in Florida amounts to a substantial difference in take home pay. Unless he went to another no-state tax team (TB, DAL, VGN, etc..) other teams would have had to pay him substantially more AAV to get the same take-home pay.
Thus most of the "open market" would have had to pay a much higher AAV at 7 years to come close to this number at 8 years. Some drunk GM might have though.
Still, this helps Florida's cap either way.
btw: That's why I thought Guentzel would stay because he struck me as a guy that $$$$ wasn't top priority and wanted a good place for his family.
I never felt that way from the start. $4M take home is a pretty big difference if it's $9.25x7. He already has his name on the cup.