Prosaic
Registered User
- Sep 11, 2020
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Honest question and not trying to intrude. But why is it better for him to defer money? The quicker you get money, the better you can make that money grow for you through investment vehicles even if you are using extremely conservative investment vehicles like AAA-rated bonds. Deferring money makes little sense unless you are getting interest on that deferred money (which isn't the case here).Sorry, I should have been more clear. I meant that the tweets are meaningless because they aren’t accurate of what we already know. Cam was talking about what JR and Strickland reported, but they were reporting that the Blues wanted him to accept 8x8 without knowing the structure. Not that it was just a flat 8x8. The other tweets were someone not knowing that LeBrun was speculating on a sign-and-trade, not trading his rights.
Signing bonuses and NMC are important. Huge money in the first two years is unlikely to be important and the structure of those Leafs contracts would not be beneficial to Pietrangelo. It’s better for him to defer money to years 3-6.
Honest question and not trying to intrude. But why is it better for him to defer money? The quicker you get money, the better you can make that money grow for you through investment vehicles even if you are using extremely conservative investment vehicles like AAA-rated bonds. Deferring money makes little sense unless you are getting interest on that deferred money (which isn't the case here).
It’s been noted somewhere on the Blues board, but the gist of it is tied to the way escrow works and the impact of the flat cap on escrow. That all impacts the payout on contracts. The return rate on getting less money now versus more money later outweighs the return on investing less money now.Honest question and not trying to intrude. But why is it better for him to defer money? The quicker you get money, the better you can make that money grow for you through investment vehicles even if you are using extremely conservative investment vehicles like AAA-rated bonds. Deferring money makes little sense unless you are getting interest on that deferred money (which isn't the case here).
He's using it as a form of no tradeHonest question and not trying to intrude. But why is it better for him to defer money? The quicker you get money, the better you can make that money grow for you through investment vehicles even if you are using extremely conservative investment vehicles like AAA-rated bonds. Deferring money makes little sense unless you are getting interest on that deferred money (which isn't the case here).
Next season escrow is capped at 20% and it's difficult seeing how it isn't at the maximum 20%. There is also a 10% deferral owed. So if his stated salary (including signing bonuses) is $10m in 20/21, then he's only seeing $7m of that.Honest question and not trying to intrude. But why is it better for him to defer money? The quicker you get money, the better you can make that money grow for you through investment vehicles even if you are using extremely conservative investment vehicles like AAA-rated bonds. Deferring money makes little sense unless you are getting interest on that deferred money (which isn't the case here).
However, if indeed things can’t be repaired, and the Blues captain is on the move, I do believe St. Louis would be open to trading his rights. But not for a pittance.
In other words, a third-round pick isn’t going to cut it.
If I had to guess, the Blues would ask for a first-round pick. I’m not sure there’s a team out there willing to pay that price. Would a second-round pick cut it? Or, given the salary cap constraints some clubs have, is there a roster player who could entice the Blues?
I get it and theres nothing unreasonable about it imo.Good article here on TSN. Petro needs a big signing bonus and back end money to avoid the covid squeeze happening now.
The lesson remains true: Expect longer-term deals, those in the six, seven or eight-year range, to have a pronounced ‘hump’ in earning years in the middle. The key for agents will be to protect later-year earnings with signing bonus in order to lessen the blow of a potential buyout.
I just heard on NHL Radio while driving to work that the belief around the league is Petro has waived his No Trade Rights and several teams have already contacted the Blues about Petro's rights i can't believe this is even happening.
We aren't even offering Pietrangelo a deal consistent with our top past deal, so that argument carries no weight.I can.
Look, DA has been clear...death by a 1000 cuts is the team strategy. We will pay for very good players. If you want superstar deals look elsewhere.
I hope Alex stays, but if he wants too much, he can find that elsewhere. We protect the finances so that we can pay for and develop the next generation of talent.
What message this put out rest of our team? What about FA if they look how is handled their captain who bring their franchise 1st Stanley Cup? Does it look attractive?I don’t know if this works out or not, but there’s no real concern about bad blood poisoning the relationship. Armstrong has been respectful toward Pietro at every turn. Not talking to the media about this is one of the ways the Blues’ management team respects the players in negotiations.
Remember, Pietro held out last contract. But as soon as he rejoined the team there was no hint of any breach in the relationship.
If we can get a solid sign and trade then take it!!! I don’t want to pay Petro 8x8 or more. Especially in this uncertain covid situation.I just heard on NHL Radio while driving to work that the belief around the league is Petro has waived his No Trade Rights and several teams have already contacted the Blues about Petro's rights i can't believe this is even happening.
It also helped that his uncle coached da G team tooLeaf fan here and Pietro fan too (I have his signed junior stick when in Mississauga) ... always was and still is an all round top tier player ... he will resign in STL ... but unfortunately it has to go down ugly and to last minute before an 8 year deal is reached .. this is not a JT situation where JT was leaning Leafs but did not make his call until the day before ... Pietro, unlike JT, did not dream Leafs, his wife and family are not from Toronto and he only played in G to play against better players (but even then he did not chose da Marlies) ... he is a great kid and was always very mature ... my guess 8 years at 8.25M with some back end bonus money after COVID escrow is cleaned up
I disagree. When was the last time a Stanley Cup winning team captain walked in free agency?? There never has been oneI can.
Look, DA has been clear...death by a 1000 cuts is the team strategy. We will pay for very good players. If you want superstar deals look elsewhere.
I hope Alex stays, but if he wants too much, he can find that elsewhere. We protect the finances so that we can pay for and develop the next generation of talent.