Forums/NHL Signings

Los Angeles Kings signed Carl Grundström (2 Years / $725,000 AAV)

Was this a good signing?
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Sep 1, 2020 at 6:19
#1
Carl Grundström has signed a new contract with the Los Angeles Kings.
STANDARD CONTRACT (EXTENSION)
Comparable ContractsCOMPARE THIS CONTRACT
LENGTH: 2 YEARS
EXPIRY STATUS: RFA
SIGNING TEAM: Los Angeles KingsLos Angeles Kings
VALUE: $1,450,000
C.H.% : 0.89
SIGNING DATE: September 1, 2020
SOURCE: CapFriendly
SEASONCLAUSECAP HIT AAV P. BONUSES S. BONUSES BASE SALARY TOTAL SALARY MINORS SALARY
2020-21$725,000$725,000$0$0$700,000$700,000$70,000
2021-22$725,000$725,000$0$0$750,000$750,000$750,000
TOTAL$1,450,000$1,450,000$0$0$1,450,000$1,450,000$820,000
MINIMUM GUARANTEED SALARY: 2020-21: $110,000
European Union This contract includes a European Assignment Clause
Sep 1, 2020 at 6:26
#2
Joined: May 2016
Posts: 6,227
Likes: 2,930
Looks like he took the LaDue contract. Less money than his qualifying offer, but guaranteed NHL salary in the second year. Could have waited until November 1st and signed a 1-year two-way deal for $875k. This is better.
Sep 1, 2020 at 7:12
#3
the better zuki
Joined: Feb 2019
Posts: 8,835
Likes: 2,659
Quoting: tkecanuck341
Looks like he took the LaDue contract. Less money than his qualifying offer, but guaranteed NHL salary in the second year. Could have waited until November 1st and signed a 1-year two-way deal for $875k. This is better.


I thought you had to be paid more than your QO
Sep 1, 2020 at 7:34
#4
First NY Then LA
Joined: Jun 2018
Posts: 18,515
Likes: 9,324
This seems a little low to me. I had Grundstrom and Wagner both pegged at around 950; if one were to come in higher than the other, I figured it to be Grundstrom. I think he's got a higher upside than Wagner.
Remus liked this.
Sep 1, 2020 at 8:32
#5
GenericUsername489
Joined: Jun 2019
Posts: 557
Likes: 206
Quoting: MaxDomi13
I thought you had to be paid more than your QO


As far as I'm aware, the QO is what I would call a "soft minimum" because the player would be dumb to accept less than it for a single year but free agents can sign for any amount they want. Not 100% sure but pretty sure.
Zuki9797 liked this.
Sep 1, 2020 at 10:51
#6
AwesomeMatthews
Joined: May 2018
Posts: 1,381
Likes: 1,000
Hope he finally reaches his potential.
Sep 1, 2020 at 11:35
#7
Joined: Apr 2018
Posts: 881
Likes: 745
Quoting: MaxDomi13
I thought you had to be paid more than your QO


Quoting: GenericUsername489
As far as I'm aware, the QO is what I would call a "soft minimum" because the player would be dumb to accept less than it for a single year but free agents can sign for any amount they want. Not 100% sure but pretty sure.


Correct. The QO keeps a player's rights, but after that you can sign any contract. Something you see with fringe prospects is that they sign a one year deal for league minimum at the NHL level that's below their QO, but the AHL salary is higher than their QO would be.
pinslack, Zuki9797 and Wqrrior liked this.
Sep 3, 2020 at 9:10
#8
Joined: Apr 2017
Posts: 296
Likes: 193
Quoting: toque
Correct. The QO keeps a player's rights, but after that you can sign any contract. Something you see with fringe prospects is that they sign a one year deal for league minimum at the NHL level that's below their QO, but the AHL salary is higher than their QO would be.


Teams must offer a 1y QA (basically their salary last season) in order to stake claim to an RFA. A player can accept the QA or, if team is willing, negotiate for a higher amount for the one season, or negotiate a multi-year deal. You often see players accept less per season than their QA for 2 or 3 year deals Rather than a 1y deal.
Sep 4, 2020 at 12:38
#9
Joined: Apr 2018
Posts: 881
Likes: 745
Quoting: rebecca
Teams must offer a 1y QA (basically their salary last season) in order to stake claim to an RFA. A player can accept the QA or, if team is willing, negotiate for a higher amount for the one season, or negotiate a multi-year deal. You often see players accept less per season than their QA for 2 or 3 year deals Rather than a 1y deal.


You can renegotiate at a lower AAV at the NHL level on a 1 year deal too. For example, Nelson Nogier's 18/19 salary was 700k. His QO was 105% of that, but he signed for 700k at the NHL level for this past season because it got offered a higher AHL salary.
 
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