Search...
Explore the RawNews Network
Follow Us

NHL Rumors: Will Leon Draisaitl's and Seth Jarvis' Contract Affect Future Contracts?

[original_title]
0 Likes
September 5, 2024

Sportsnet: Frank Seravalli discusses Leon Draisaitl and Seth Jarvis’ contract extensions, their respective deals’ structures and how these contracts could subsequently influence future NHL contracts. Draisalt’s contract included signing bonuses while Jarvis had money deferred over his term of the agreement.
** NHLRumors.com transcription JUSTIN CUTTHBER: “Leon has been discussed extensively over the last two months – this took two months – so what happened during these last two months with regards to Draisaitl, Draisaitl’s contract negotiation, hiring of a General Manager etc? What exactly occurred over these last two months Frank??”
Seravalli: “There wasn’t necessarily an extensive fact-finding mission. Beyond reaching game seven of the Stanley Cup final, getting as close as any team ever has but failing to achieve victory was evidence enough for me that something needed to change.”
Leon Draisaitl’s New Contract Demonstrates His Commitment to Edmonton and Winning
But this contract represents more than mere dollars: with $104 million guaranteed via signing bonuses over eight years (that equates to about one signing bonus payment each year for him from Edmonton), this agreement shows Draisaitl’s dedication both financially and to Edmonton itself as a winning franchise.
As this contract sets a record in terms of annualized acquisition value (AAV), no discounts could be expected here; instead, discussions probably mainly revolved around structure.
Over the weekend I wrote something regarding Seth Jarvis’ deferred salary contract with Edmonton Oilers and Leon Draisaitl; but, instead this agreement ended up featuring more lucrative signing bonuses for him than originally discussed during negotiation process.
Ailish Forfar: “While I won’t veer too far off-topic from Leon discussion, Seth Jarvis certainly got people talking – not necessarily at Shohei Ohtani level but more broadly about deferred money in NHL? Why hadn’t more capologists utilize deferred money?” Ailish Forfar asked. “Would deferred money be more often used going forward?”
Seravalli: “Yes. To achieve that goal will require shifting away from traditional player thinking – which has long been driven by agents – which often sees $1 today as not equaling that value three years from now; rather it should focus on getting as much done quickly.
Seth Jarvis signed an intriguing contract that offers more over time through time value money calculations that appear to work for him, yet when Leon Draisaitl signed his deal, one prominent NHL executive reminded me it takes both parties being comfortable with deferring money in order for any agreement to work smoothly and defer money in both directions.
People generally believe the sooner one invests, the greater will be their return; Seth Jarvis saw returns of around five and a quarter percent interest, which may not seem all that appetizing depending on how much money is involved.
Rumors in NHL: Leon Draisaitl Is Complete; Connor McDavid Will Play This Offseason
Reason I think it will take hold in the game is due to Draisaitl-style situations emerging across hockey. Players such as him are in positions similar to Draisaitl; under contract for three more seasons on teams that still stand a chance at victory where every dollar counts; having faith in your general manager and front office staff that they know how best to spend it wisely while providing additional ammunition in terms of deferred savings is something which I think could end up as being beneficial all around.”

Social Share
Thank you!
Your submission has been sent.
Get Newsletter
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus

Notice: ob_end_flush(): Failed to send buffer of zlib output compression (0) in /home3/n489qlsr/public_html/wp-includes/functions.php on line 5427