Legion34
Registered User
- Jan 24, 2006
- 18,097
- 8,220
I don’t get why you are coming at me with this.
The issue is not with a 5-year deal or an 8-year deal for Matthews. Both have their pros and cons. If you sign him for 5 years, you get a discount on the AAV in exchange for allowing him to hit UFA at 25. If you sign him for 8 years, you pay him with a high AAV in exchange for 4 UFA years.
On a 5-year term, you would be looking at comparables like Stamkos (11.66%) and Malkin (15.34%). Based on Matthews’ accomplishments relative to Stamkos/Malkin’s and the factors that historically drive pay, he should definitely not be closer to Malkin than Stamkos at 14.63% at the time of signing.
On an 8-year term, you would be looking at comparables like Eichel (13.33%) and McDavid (16.67%). Based on Matthews’ accomplishments relative to Eichel/McDavid’s and the factors that historically drive pay, he would probably be slightly closer to Eichel. At that point, 14.63% at the time of signing on an 8-year term would be reasonable, even though Eichel was overpaid.
The real issue is that people are using the AAV on an 8-year contract (which everybody agrees was an overpayment) as justification that the AAV on a 5-year contract was not an overpayment.
If you agree that he was overpaid by $1M, then I’m not sure why you are arguing here. On a 5-year term, 13.38% of the cap at the time of signing and 13.05% in year 1, making Matthews the 7th highest player in year 1, would have been on the high side but not too crazy IMO. I certainly wouldn’t spend time arguing in these threads about that contract if that was what he got.
Except the whole nash. Kovalchuk. Etc thing. And the part where it has been proven that tax advantages make a clear and distinct difference in cap hit.