Confirmed Signing with Link: [SJS] Kevin Labanc re-signs with the Sharks (4 years, $4.725M AAV)

[Pinkfloyd]

Think of it as he signed a 5yr $20mil deal in 2019.

No. Think of it what it actually is. 4 years for 4.725 mil because that's the contract they're having to deal with.

 

[Grub]

Shark fans right now. Not sure to be happy or disappointed. If he can go back to his form then I think this is a good deal.

 

[Pavelski2112]

Shark fans right now. Not sure to be happy or disappointed. If he can go back to his form then I think this is a good deal.

Pretty much. If he can reach his potential, it's worth it, but if it's more 2020 and less 2019, it's a bad deal.

 

[BruinsBtn]

The fact that it took this long disproves all of the crazy conspiracy theories that he had a back door cap circumvention deal already lined up. It was clear at the time that his agent was just a massive dumbass and this contract will likely prove that once again.

Spoke too soon

 

[Patty Ice]

Shark fans right now. Not sure to be happy or disappointed. If he can go back to his form then I think this is a good deal.

I'm happy as a clam. Love Bancer and think he will more than live up his end of the deal.

 

[Crazy Joe Divola]

If he’s 56+ point LaBanc it’s good. If he’s 40 point LaBanc it’s gonna suck. I’m optimistic that he is closer to the 56 point player that we saw before this last year.

 

[PAZ]

This is 100% part of the deal from last year, happy for both parties.

My guess is it took longer to figure out because they were talking about what would be fair compensation in light of COVID, i'm sure they had a verbal agreement at the end of last year but obviously things changed. It still has potential to be a fair contract, but as of now it's an overpay.

 

[themelkman]

How much worse can they really be?

Not much. But normally you seek to improve your roster rather than make it worse

 

[tmunnuch]

So the deal was going to be Labanc at 5 years x $4 mil, but DW convinced Labanc to take 1 mil, some deal fell through for DW so the cap space was wasted, and thats now going to cost .75 mil in cap space for the next 4 years? Tough. And Labanc's abhorrent season played no role in the pricing of the new contract? Again, tough. I guess pretending that last season didn't happen is DWs big ovevrarching plan for 2020-2021

 

[Uncle Scrooge]

So the deal was going to be Labanc at 5 years x $4 mil, but DW convinced Labanc to take 1 mil, some deal fell through for DW so the cap space was wasted, and thats now going to cost .75 mil in cap space for the next 4 years? Tough. And Labanc's abhorrent season played no role in the pricing of the new contract? Again, tough. I guess pretending that last season didn't happen is DWs big ovevrarching plan for 2020-2021

I doubt they had a specific number in mind, Wilson wouldn't be stupid enough to promise an exact number without knowing what was going to happen in a year.

He probably only promised that Labanc would get fairly compensated this year for what he's worth + extra for the money he lost last year.

If Labanc had another 50 point season this past year, we would likely be looking at 6M/yr now.

 

[Spearmint Rhino]

Nice way to sign a 5 yr $20MM deal to get around the cap but leave it $20k short/yr to not draw too much suspicion, anyone think anything different happened here is in denial

 

[Quid Pro Clowe]

Nice way to sign a 5 yr $20MM deal to get around the cap but leave it $20k short/yr to not draw too much suspicion, anyone think anything different happened here is in denial

Dirty bastards should have to give up multiple 1sts.

 

[PatrikBerglund]

A lot of money for a 3rd liner.