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Detroit Red Wings signed Dylan Larkin (5 Years / $6,100,000 AAV)

Was this a good signing?
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Aug 10 at 11:12
#1
Dylan Larkin has signed a new contract with the Detroit Red Wings.
STANDARD CONTRACT
COMPARE THIS CONTRACT
LENGTH: 5 YEARS
EXPIRY STATUS: UFA
SIGNING TEAM: Detroit Red Wings
VALUE: $30,500,000
C.H.% : 7.67
SIGNING DATE: August 10, 2018
SEASONCLAUSECAP HIT AAV P. BONUSES S. BONUSES BASE SALARY TOTAL SALARY MINORS SALARY
2018-19$6,100,000$6,100,000$0$1,000,000$5,750,000$6,750,000$6,750,000
2019-20$6,100,000$6,100,000$0$0$7,000,000$7,000,000$7,000,000
2020-21$6,100,000$6,100,000$0$0$4,750,000$4,750,000$4,750,000
2021-22$6,100,000$6,100,000$0$0$6,750,000$6,750,000$6,750,000
2022-23NTC$6,100,000$6,100,000$0$0$5,250,000$5,250,000$5,250,000
TOTAL$30,500,000$30,500,000$0$1,000,000$29,500,000$30,500,000$30,500,000
CLAUSE SOURCE: CapFriendly
Aug 10 at 11:14
#2
Joined: Jul 2018
Posts: 238
Likes: 58
great contract and the contract will be just about over when Detroit starts to get good again
BardownHockey liked this.
Aug 10 at 11:14
#3
Ragsandboltsfan
Joined: Nov 2017
Posts: 3,920
Likes: 510
Great contract, looks like their future 1C
Aug 10 at 11:15
#4
Oilers, Bruins, Jets
Joined: Jul 2018
Posts: 118
Likes: 31
yes finally he agrees.
Aug 10 at 11:21
#5
bhavikp27
Joined: Jun 2016
Posts: 149
Likes: 30
KEN HOLLAND NOT OVERPAYING SOMEONE...This is incredible
rangersandislesfan, exo2769, Random2152 and 4 others liked this.
Aug 10 at 11:24
#6
rangersandislesfan
Joined: Mar 2017
Posts: 22,853
Likes: 1,577
They have to make a trade now ... they're over the cap, aren't they?
Aug 10 at 11:29
#7
Habs/Pens fan
Joined: Oct 2017
Posts: 567
Likes: 121
Quoting: rangersandislesfan
They have to make a trade now ... they're over the cap, aren't they?


Yep, the cap space is -3,000,000

On the other hand Larkin is a very good 2C and 6 million is prefect for him. Has potential to be the next captain of the Wings.
Aug 10 at 11:31
#8
bhavikp27
Joined: Jun 2016
Posts: 149
Likes: 30
Quoting: Hockeylover360
Yep, the cap space is -3,000,000

On the other hand Larkin is a very good 2C and 6 million is prefect for him. Has potential to be the next captain of the Wings.


Place Franzen on LTIR...and you can exceed salary cap by 10% during off season
ForeverDED, ConnorMcHellebucyk, ProfessorFuzzymuffins and 1 other person liked this.
Aug 10 at 11:35
#9
Failed the Eye Test
Joined: Nov 2015
Posts: 1,021
Likes: 810
Quoting: rangersandislesfan
They have to make a trade now ... they're over the cap, aren't they?


Franzen will go on LTIR, which will give them some wiggle room.
ForeverDED, ConnorMcHellebucyk, ProfessorFuzzymuffins and 1 other person liked this.
Aug 10 at 11:45
#10
Sensible Commentary
Joined: Jul 2016
Posts: 588
Likes: 153
surprised Larkin only got 5 years; for what appears to be their franchise 1C, he shoulda gotten at least 6.
DDoverChucky liked this.
Aug 10 at 11:50
#11
We can.. and we will
Joined: May 2017
Posts: 5,261
Likes: 1,027
Quoting: DragonRaptorHybrid
surprised Larkin only got 5 years; for what appears to be their franchise 1C, he shoulda gotten at least 6.


He probably wanted shorter term for two reasons:

1. To cash in on a big contract by the end of this one.
2. If Detroit is a still a wreck he can pull a JT and jump ship to a contender.
Aug 10 at 12:17
#12
Joined: Feb 2018
Posts: 82
Likes: 12
Didn't realize the Wings were in cap hell... it's definitely not fun. Good signing, though.
Aug 10 at 1:19
#13
Joined: Apr 2018
Posts: 54
Likes: 13
I think it's a bad contract. They gain no team controlled years with this deal.
Aug 10 at 1:21
#14
Joined: Jul 2017
Posts: 66
Likes: 12
Pretty good Nylander comparable
Same Numbers as him
And Larkin ain't playing with Matthews
Aug 10 at 1:21
#15
Joined: Jul 2017
Posts: 66
Likes: 12
Quoting: DDoverChucky
I think it's a bad contract. They gain no team controlled years with this deal.


Quoting: DDoverChucky
I think it's a bad contract. They gain no team controlled years with this deal.


If they did the AAV would be higher
Aug 10 at 1:36
#16
LongtimeLeafsufferer
Joined: Jul 2015
Posts: 20,112
Likes: 2,605
Quoting: DragonRaptorHybrid
surprised Larkin only got 5 years; for what appears to be their franchise 1C, he shoulda gotten at least 6.


I think it was Larkin's idea to sign for five years. As a potential # 1 C he probably wants 7 m X 8 years. Wings wouldn't go for that 7m deal so Larkin signed for less but now is a UFA after five years.
This might be the new norm. We are used to either eight year contracts or two years bridge. A five year deal is best/worse scenario for both parties.
This might set the bar for Nylander for Leafs.
Aug 10 at 1:50
#17
Joined: Aug 2017
Posts: 556
Likes: 101
.
Nylander will get one of the following:

- $6,750,000 x 8
- $6,500,000 x 7
- $6,250,000 x 6
- $6,000,000 x 5 (100K off for tha boys)
- $5,750,000 x 4 (NOT happening)
- $5,500,000 x 3 (RFA expiry)
- $5,250,000 x 2 (RFA expiry)

That is all.
buxvet liked this.
Aug 10 at 2:15
#18
Joined: Jun 2017
Posts: 109
Likes: 116
Great number, but if I was Holland I probably would have sought to buy up some more of his UFA years.
Aug 10 at 2:21
#19
4th Line Centre
Joined: Apr 2018
Posts: 145
Likes: 75
Good AAV, was hoping for at least 1 more year but this is a good contract.

Classic Ken Holland with a NTC during Larkin's UFA year Sticking Out Tongue
Aug 10 at 2:59
#20
J.L.
Joined: Jul 2018
Posts: 94
Likes: 15
I'm doubtful for Zetterberg playing this season so this is a very good signing for their 1C. If he finds chemistry with Zadina Detroit could surprise many.
Aug 10 at 5:10
#21
Joined: Apr 2017
Posts: 90
Likes: 36
While the salary cap excess (3.3M) this salary induces in the Wings balance sheet can be offset by Franzen’s LTIR, that leaves roughly $600k to complete their roster. The Wings are functionally AT the Cap with just 21 players + Franzen under contract at the NHL level. Will they carry just 12 forwards, 6 defencemen, 2 goalies & 1 Witkowski? If not then either:
1) trade is coming
2) someone else may be going on LTIR
3) someone is getting buried in the AHL (freeing up just over $1M if Cap Space but also taking away a body at the NHL level
4) the Wings will just play short-handed
Aug 10 at 6:15
#22
Joined: May 2018
Posts: 430
Likes: 48
Nylander should get 6 million per.
buxvet liked this.
Aug 10 at 7:22
#23
Steve
Joined: Jul 2017
Posts: 193
Likes: 29
I hope the pressure of this contract and the possible captaincy doesn’t crush this kid
Aug 10 at 9:23
#24
Sensible Commentary
Joined: Jul 2016
Posts: 588
Likes: 153
Quoting: rebecca
While the salary cap excess (3.3M) this salary induces in the Wings balance sheet can be offset by Franzen’s LTIR, that leaves roughly $600k to complete their roster. The Wings are functionally AT the Cap with just 21 players + Franzen under contract at the NHL level. Will they carry just 12 forwards, 6 defencemen, 2 goalies & 1 Witkowski? If not then either:
1) trade is coming
2) someone else may be going on LTIR
3) someone is getting buried in the AHL (freeing up just over $1M if Cap Space but also taking away a body at the NHL level
4) the Wings will just play short-handed
"1 Witkowski" lololol I love it

They have ~$682K in cap space (after subtracting out Franzén), so that's enough for one of their $650K contracts (and Joe Hicketts, who's technically $635K against the cap). I say maybe they give Hicketts a shot at the NHL level.
rebecca liked this.
Aug 11 at 1:46
#25
J.L.
Joined: Jul 2018
Posts: 94
Likes: 15
Quoting: rebecca
While the salary cap excess (3.3M) this salary induces in the Wings balance sheet can be offset by Franzen’s LTIR, that leaves roughly $600k to complete their roster. The Wings are functionally AT the Cap with just 21 players + Franzen under contract at the NHL level. Will they carry just 12 forwards, 6 defencemen, 2 goalies & 1 Witkowski? If not then either:
1) trade is coming
2) someone else may be going on LTIR
3) someone is getting buried in the AHL (freeing up just over $1M if Cap Space but also taking away a body at the NHL level
4) the Wings will just play short-handed


I believe it's going to be option 2. Henrik Zetterberg has serious back issues and he hasn't been training. There's Filip Zadina who will likely take a spot on the roster and be an impact player.
 
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