- Dec 9, 2004
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Great news, clearly it was going to get done. I wonder if it's "cheaper" then the 1st overall contracts that previous players got?
Great news, clearly it was going to get done. I wonder if it's "cheaper" then the 1st overall contracts that previous players got?
http://www.coppernblue.com/2014/8/12/5995081/draisaitl-contract-edmonton-oilers
"Some news from Oilers land this morning, the team and their newest first round selection, Leon Draisaitl have agreed to terms on a three-year entry-level contract. The dollars were not realeased but the last three players taken third overall - Jonathan Drouin, Alex Galchenyuk, and Jonathan Huberdeau - all signed identical deals with a base salary of $925k and bonuses of up to $2.3M, it's probably safe to assume Draisaitl's deal is in the same range."
http://www.coppernblue.com/2014/8/12/5995081/draisaitl-contract-edmonton-oilers
"Some news from Oilers land this morning, the team and their newest first round selection, Leon Draisaitl have agreed to terms on a three-year entry-level contract. The dollars were not realeased but the last three players taken third overall - Jonathan Drouin, Alex Galchenyuk, and Jonathan Huberdeau - all signed identical deals with a base salary of $925k and bonuses of up to $2.3M, it's probably safe to assume Draisaitl's deal is in the same range."
Strange, on capgeek both Huberdeau and Drouin's base salary is listed as $894,167, not that it matters significantly.
So I'm confused as to how these ELC's work. Does he get paid that amount even if he is sent back to the minors?
So I'm confused as to how these ELC's work. Does he get paid that amount even if he is sent back to the minors?
Both Huberdeau and Drouin were sent back to Junior so their contract slides and the signing bonus doesn't get included in the contract which is why the number changes. They signed for the same amount though.
Interesting, so that means if a player on an ELC gets sent back to junior initially, it lowers his cap hit for the rest of his ELC (not including the A/B performance bonuses)?
In any event, I am quite happy that Draisaitl is signed.
no, it doesn't change the cap hit, it just pushes when the 1st year of the contract actually starts... example: if leon got sent back to junior this year, but made the NHL next year, his ELC would start in the 2015-16 season and end in the 2017-18 season
From what the poster above says it actually does come down a little?
Strange, on capgeek both Huberdeau and Drouin's base salary is listed as $894,167, not that it matters significantly.