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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 p.m.
#1
Carl Grundström has signed a new contract with the Los Angeles Kings.
Standard Contract (Extension)
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Rob Blake
Length: 2 years
Value: $1,450,000
Expiry Status: RFA (Arb)
Cap % Tooltip: 0.89
Signing Team: Logo of the Los Angeles KingsLos Angeles Kings
Signing Date: Sep. 1, 2020
Source: CapFriendly

Carl Grundström signed a 2 year, $1,450,000 contract with the Los Angeles Kings on Sep. 1, 2020. The contract has a cap hit of $725,000.

SEASONClauseCap HitTooltipAAV TooltipP. BonusesTooltipS. BonusesTooltipBase SalaryTooltipTotal SalaryTooltipMinors SalTooltip
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
Qualifying OfferTooltip: $787,500
MINIMUM GUARANTEED SALARY: 2020-21: $110,000
European Union This contract includes a European Assignment Clause
Sep. 1, 2020 at 6:26 p.m.
#2
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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 p.m.
#3
v5 CBJ GM
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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 p.m.
#4
Once a Kings Fan Too
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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.
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Sep. 1, 2020 at 8:32 p.m.
#5
GenericUsername489
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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.
zk97 liked this.
Sep. 1, 2020 at 10:51 p.m.
#6
AwesomeMatthews
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Hope he finally reaches his potential.
Sep. 1, 2020 at 11:35 p.m.
#7
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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.
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Sep. 3, 2020 at 9:10 p.m.
#8
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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 a.m.
#9
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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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