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Vegas Golden Knights signed William Karlsson (8 Years / $5,900,000 AAV)

Was this a good signing?
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Jun. 24, 2019 at 10:24 p.m.
#1
William Karlsson has signed a new contract with the Vegas Golden Knights.
Standard Contract (Extension)
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: George McPhee
Length: 8 years
Value: $47,200,000
Expiry Status: UFA
Cap % Tooltip: 7.24
Signing Team: Logo of the Vegas Golden KnightsVegas Golden Knights
Signing Date: Jun. 24, 2019

William Karlsson signed a 8 year, $47,200,000 contract with the Vegas Golden Knights on Jun. 24, 2019. The contract has a cap hit of $5,900,000.

SEASONClauseCap HitTooltipAAV TooltipP. BonusesTooltipS. BonusesTooltipBase SalaryTooltipTotal SalaryTooltipMinors SalTooltip
2019-20$5,900,000$5,900,000$0$2,000,000$3,900,000$5,900,000$5,900,000
2020-21M-NTC$5,900,000$5,900,000$0$0$5,900,000$5,900,000$5,900,000
2021-22M-NTC$5,900,000$5,900,000$0$0$7,100,000$7,100,000$7,100,000
2022-23M-NTC$5,900,000$5,900,000$0$0$5,900,000$5,900,000$5,900,000
2023-24M-NTC$5,900,000$5,900,000$0$0$5,600,000$5,600,000$5,600,000
2024-25M-NTC$5,900,000$5,900,000$0$0$5,600,000$5,600,000$5,600,000
2025-26M-NTC$5,900,000$5,900,000$0$0$5,600,000$5,600,000$5,600,000
2026-27M-NTC$5,900,000$5,900,000$0$0$5,600,000$5,600,000$5,600,000
TOTAL$47,200,000$47,200,000$0$2,000,000$45,200,000$47,200,000$47,200,000
CLAUSE DETAILS: Includes a 10-team no trade list that kicks in after the first season.
CLAUSE SOURCE: @JesseGranger_
Jun. 24, 2019 at 10:26 p.m.
#2
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I cannot wrap my head around him getting more than $1M less than Kevin Hayes.
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Jun. 24, 2019 at 10:26 p.m.
#3
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Awesome signing. Team friendly and it will help Vegas get out of cap hell.
Jun. 24, 2019 at 10:27 p.m.
#4
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On State income tax: Karlsson is bringing home the exact same money on a $5.9M deal in Vegas, as he would an $8M deal in Toronto.
campdemamp, Boubou79, Zubrowka and 5 others liked this.
Jun. 24, 2019 at 11:01 p.m.
#5
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Excellent job Wild Bill, way to set an example and benchmark. It looks like some kids are going out of their mind now a days, cough Hayes caugh...
Jun. 24, 2019 at 11:01 p.m.
#6
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He obviously accepted a lower AAV to stay in Vegas. Doesnt surprise me, seems like everyone wanna play there! Good signing
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Jun. 24, 2019 at 11:11 p.m.
#7
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Awesome signing for Vegas, the deepest team offensively in the West right now. Karlsson is far more valuable than Kevin Hayes both offensively and defensively. A+
darklightning8 liked this.
Jun. 24, 2019 at 11:16 p.m.
#8
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Love this signing as a fan and it just makes pure sense for the team. Probably one of the best top 6 defensive centers in the league right now at an amazing bargain. I'm so glad he loves playing here in Vegas.
Jun. 24, 2019 at 11:36 p.m.
#9
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Quoting: TheJonSnow
On State income tax: Karlsson is bringing home the exact same money on a $5.9M deal in Vegas, as he would an $8M deal in Toronto.


Numbers off .....
Jun. 24, 2019 at 11:55 p.m.
#10
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Quoting: Brian2016
Awesome signing for Vegas, the deepest team offensively in the West right now. Karlsson is far more valuable than Kevin Hayes both offensively and defensively. A+


We’ll see if they’re still the deepest when they have to clear 7.5 mil in salary and fill out the rest of their roster.
Jun. 25, 2019 at 12:14 a.m.
#11
CGM
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Quoting: TheJonSnow
On State income tax: Karlsson is bringing home the exact same money on a $5.9M deal in Vegas, as he would an $8M deal in Toronto.


This is a huge problem with the system, i think more people are realizing it, there should be a balanced tax.

There are a few options to achieve this. But great signing for LV.
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Jun. 25, 2019 at 12:37 a.m.
#12
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Quoting: CGM
This is a huge problem with the system, i think more people are realizing it, there should be a balanced tax.

There are a few options to achieve this. But great signing for LV.


TBL have exploited this loophole in signing Kucherov, Stamkos, and Hedman at massive discounts.
Jun. 25, 2019 at 1:25 a.m.
#13
Molson beer is meh
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Quoting: TheJonSnow
On State income tax: Karlsson is bringing home the exact same money on a $5.9M deal in Vegas, as he would an $8M deal in Toronto.


Quoting: Brian2016
TBL have exploited this loophole in signing Kucherov, Stamkos, and Hedman at massive discounts.


and yet some people *they know who they are* believe taxes being a factor doesn't exist.... only because it doesn't benefit their team...

tenor.gif?itemid=9339330
ChiHawk liked this.
Jun. 25, 2019 at 2:17 a.m.
#14
Emotionally in 2018
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Both sides are thrilled with this. Vegas gets a team friendly deal, and Karlsson can settle his family into a place that he loves to be for the next 8 years. This is a prime example of money not being everything to a player, which is nice to see nowadays (although I get why it's rare).
erikljunggren liked this.
Jun. 25, 2019 at 2:52 a.m.
#15
GM67
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BEST signing this off-season so far. Great for both the team and the player. Not ridiculous and totally in the right ball park.
RawDeal liked this.
Jun. 25, 2019 at 2:53 a.m.
#16
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This is why Swedes are so popular (Totally bias here) wink
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Jun. 25, 2019 at 2:55 a.m.
#17
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Quoting: erikljunggren
This is why Swedes are so popular (Totally bias here) wink


Exactly, our guys are 2M "cheaper" then their NA comparables
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Jun. 25, 2019 at 3:14 a.m.
#18
ComYog
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Quoting: Brian2016
TBL have exploited this loophole in signing Kucherov, Stamkos, and Hedman at massive discounts.


Okay but even if money were level teams would still not be. Some cities are nicer than others so will still hold a pretty key advantage.
Brian2016 liked this.
Jun. 25, 2019 at 5:06 a.m.
#19
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Quoting: ComYog
Okay but even if money were level teams would still not be. Some cities are nicer than others so will still hold a pretty key advantage.


Look no further than Tavares' final 5 teams: TOR, DAL, TBL, VGK, & SJS. These are probably 5 out of top 10 most desired cities for most players. TOR only b/c so many players are from the area. LOL. Smaller market teams are def. at a disadvantage when it comes to recruiting UFA's. As a NJD fan I remember well what it took to re-sign Ilya Kovalchuck (like a 15 year contract), and he still ended up leaving. And I don't even think NJ is a bad market. It's not NYC, but it's 10 miles away!
Jun. 25, 2019 at 6:30 a.m.
#20
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Quoting: CGM
This is a huge problem with the system, i think more people are realizing it, there should be a balanced tax.

There are a few options to achieve this. But great signing for LV.


Quoting: Brian2016
TBL have exploited this loophole in signing Kucherov, Stamkos, and Hedman at massive discounts.


Quoting: Blazingbat11
and yet some people *they know who they are* believe taxes being a factor doesn't exist.... only because it doesn't benefit their team...

tenor.gif?itemid=9339330


Here's the thing though, teams like Toronto can frontload contracts. Take NYR and Florida as alternatives for signing Panarin: While Florida has the lower tax, NYR can easily cough up 30-35m during the first 12 months of that deal which Florida can't. Money today is worth more than money two-three-and-four years from now because of inflation and pure investment. The small teams experiencing high taxes and relatively less wealthy owners are the ones in real trouble. Toronto is probably as attractive a FA spot as Vegas, it's Ottawa and Winnipeg that are really struggling
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Jun. 25, 2019 at 6:32 a.m.
#21
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Quoting: TheJonSnow
On State income tax: Karlsson is bringing home the exact same money on a $5.9M deal in Vegas, as he would an $8M deal in Toronto.


All depends on how the deal is structured. Look at Matthews, for instance - most of his pay comes in the form of off-season bonuses when he lives, presumably, in Arizona. Thus he pays Arizona tax rates on that income rather than Ontario tax rates.
MountRoyal514 liked this.
Jun. 25, 2019 at 7:18 a.m.
#22
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Will the real William Karlsson please stand up...
Jun. 25, 2019 at 7:26 a.m.
#23
Buljujarvi
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he took a pay cut to play all 8 years
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Jun. 25, 2019 at 7:28 a.m.
#24
AwesomeMatthews
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Quoting: tyrubin13
I cannot wrap my head around him getting more than $1M less than Kevin Hayes.


Ikr I'd take Karlsson over Hayes anyday
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Jun. 25, 2019 at 7:28 a.m.
#25
Go Flames Go!
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Great contract, no question.
 
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