Hoss Posted July 3, 2015 Report Posted July 3, 2015 Sabres PR @SabresPR Ryan O'Reilly has signed a seven-year contract extension with the Sabres. Press release: sabresdigitalpressbox.com/2015/07/03/ore… Quote
spndnchz Posted July 3, 2015 Report Posted July 3, 2015 @john_wawrow: @sabretoof @BulldogWGR Sorry. Been busy focusing on World Cup. Just filed: O'Reilly agrees to 7-year extension with #Sabres, per AP source. @(null): O'Reilly will receive 8 million in Sabres per year. Congratulations to your agent, a lot of competence. From an ESPN Brazil Soccer Reporter??? Sabres have reported 7 yr extension, not sure of $ yet. Quote
qwksndmonster Posted July 3, 2015 Report Posted July 3, 2015 7 years 8 million per? I'm cool with that. Quote
Hoss Posted July 3, 2015 Report Posted July 3, 2015 (edited) Elliotte Friedman @FriedgeHNIC O'Reilly AAV is $7.5M Elliotte Friedman @FriedgeHNIC ROR contract very interesting. Salary is $1M per year. Rest is signing bonus: 10, 8, 7.5, 5, 5, 5 and 5. Edited July 3, 2015 by Hoss Quote
Trettioåtta Posted July 3, 2015 Report Posted July 3, 2015 Elliotte Friedman @FriedgeHNIC[background=rgb(252,252,252) O'Reilly AAV is $7.5M[/background] Yes!! I wanted less than 8 :) Quote
LGR4GM Posted July 3, 2015 Author Report Posted July 3, 2015 so it took an extra couple days to confirm but with ROR locked up for the next 8 seasons, I would say Tim Murray did well to acquire him and sign him all in the same week. Elliotte Friedman @FriedgeHNIC 3m3 minutes ago ROR contract very interesting. Salary is $1M per year. Rest is signing bonus: 10, 8, 7.5, 5, 5, 5 and 5. Quote
Derrico Posted July 3, 2015 Report Posted July 3, 2015 Wow, the pieces in the trade and the cost of the player were right in line with what many were predicting a month ago in the ROR thread. Nice job SS. Quote
TrueBlueGED Posted July 3, 2015 Report Posted July 3, 2015 You're wrong. In the ROR thread we ran the numbers. Paying him 7.5 will bump him a little lower but at 8mil per season it would make him one of the top 20 paid players in the NHL, that isn't closer to middling at all. Again, it's all relative. Relative to some existing deals, sure, it's upper tier. But relative to the next round of contracts under this CBA? Not so much. Toews new deal, if we use that as the benchmark for what top-end deals will look like, is $10.5 million. O'Reilly's deal puts him at 71% of that. Maybe the high end of the mid level, but it's clearly not superstar pay. Quote
LGR4GM Posted July 3, 2015 Author Report Posted July 3, 2015 (edited) Again, it's all relative. Relative to some existing deals, sure, it's upper tier. But relative to the next round of contracts under this CBA? Not so much. Toews new deal, if we use that as the benchmark for what top-end deals will look like, is $10.5 million. O'Reilly's deal puts him at 71% of that. Maybe the high end of the mid level, but it's clearly not superstar pay. but we can't say that yet until the cap goes up more. What happens if we see another year where it is a 1-2mil increase? Or several years of that? I am not arguing paying him what we did just that he is not being paid as a middle tier player. He is being paid as top player for his team, which is fine. Edited July 3, 2015 by LGR4GM Quote
qwksndmonster Posted July 3, 2015 Report Posted July 3, 2015 7.5, even better. Why does the contract being signing bonus heavy matter? How is it functionally different than other contracts? I'm assuming 7.5 will be the cap # Quote
LGR4GM Posted July 3, 2015 Author Report Posted July 3, 2015 7.5, even better. Why does the contract being signing bonus heavy matter? How is it functionally different than other contracts? I'm assuming 7.5 will be the cap # by paying him more in signing bonus, it protects his salary from escrow payments from what I can gather. Quote
Weave Posted July 3, 2015 Report Posted July 3, 2015 Elliotte Friedman @FriedgeHNIC O'Reilly AAV is $7.5M Elliotte Friedman @FriedgeHNIC ROR contract very interesting. Salary is $1M per year. Rest is signing bonus: 10, 8, 7.5, 5, 5, 5 and 5. What is the strategic benefit to a $1M salary and huge signing bonuses? Quote
Johnny DangerFace Posted July 3, 2015 Report Posted July 3, 2015 It means he is the most buyout proof player in the league Quote
Weave Posted July 3, 2015 Report Posted July 3, 2015 by paying him more in signing bonus, it protects his salary from escrow payments from what I can gather. Huh. Quote
LGR4GM Posted July 3, 2015 Author Report Posted July 3, 2015 Huh. Chris Johnston tweeted it was done for escrow protection. Not sure exactly how all that works. Quote
Trettioåtta Posted July 3, 2015 Report Posted July 3, 2015 What is the strategic benefit to a $1M salary and huge signing bonuses? Buyout protection? Quote
Johnny DangerFace Posted July 3, 2015 Report Posted July 3, 2015 Signing bonuses get paid out in full even if bought out I believe Quote
TrueBlueGED Posted July 3, 2015 Report Posted July 3, 2015 but we can't say that yet until the cap goes up more. What happens if we see another year where it is a 1-2mil increase? Or several years of that? I am not arguing paying him what we did just that he is not being paid as a middle tier player. He is being paid as top player for his team, which is fine. Cap increases don't matter for this conversation. With the elimination of phantom years at the end of contracts, annual values for the best players are going to be higher regardless of what happens with the cap. Just like how Malkin makes more than Crosby, lesser players under this CBA will have higher cap hits than players signed under the last CBA. People have to adjust perceptions going forward. Again, Toews making $10.5 million next year has nothing to do with the cap ceiling and everything to do with being unable to artificially reduce that figure with three $1 million years at the end. Quote
LGR4GM Posted July 3, 2015 Author Report Posted July 3, 2015 This is fun for ROR Chris Johnston @reporterchris 54s55 seconds ago On Ryan O'Reilly contract: He'll paid a total of $45.5M over seven one-time payments. July 1 is now his favourite day of the year. Quote
darksabre Posted July 3, 2015 Report Posted July 3, 2015 This is fun for ROR Chris Johnston @reporterchris 54s55 seconds ago On Ryan O'Reilly contract: He'll paid a total of $45.5M over seven one-time payments. July 1 is now his favourite day of the year. That's actually kind of awesome. Quote
Hoss Posted July 3, 2015 Report Posted July 3, 2015 Chris Johnston tweeted it was done for escrow protection. Not sure exactly how all that works. I saw that too. I know that it protects him against buyouts (like David Clarkson's deal). Quote
LGR4GM Posted July 3, 2015 Author Report Posted July 3, 2015 Cap increases don't matter for this conversation. With the elimination of phantom years at the end of contracts, annual values for the best players are going to be higher regardless of what happens with the cap. Just like how Malkin makes more than Crosby, lesser players under this CBA will have higher cap hits than players signed under the last CBA. People have to adjust perceptions going forward. Again, Toews making $10.5 million next year has nothing to do with the cap ceiling and everything to do with being unable to artificially reduce that figure with three $1 million years at the end. I understand there will be a bump in player salary because of the elimination of back diving deals but ROR is still being paid as one of the top players in the league. How long that will last because of the new CBA is uncertain. Quote
TrueBlueGED Posted July 3, 2015 Report Posted July 3, 2015 I understand there will be a bump in player salary because of the elimination of back diving deals but ROR is still being paid as one of the top players in the league. How long that will last because of the new CBA is uncertain. It's only uncertain because we're lazy. It not hard to look at when the next wave of stars need new UFA contracts, just a lot of work :p Quote
Drunkard Posted July 3, 2015 Report Posted July 3, 2015 Glad it was under the $8 million average I was expecting and I'm also happy his contract is front loaded within the CBA guidelines. Earning just $6 million in each of the last 4 years should make his contract more attractive to budget teams should we ever have to move him in the future when we no longer need him to play center in the top 6 because Eichel and Reinhart grow into those positions. Quote
TrueBlueGED Posted July 3, 2015 Report Posted July 3, 2015 I saw that too. I know that it protects him against buyouts (like David Clarkson's deal). Way I see it is if we have to buy him out in the middle of his prime were pretty F'd anyway :lol: Quote
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