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Montreal Canadiens signed Jeff Petry (4 Years / $6,250,000 AAV)

Was this a good signing?
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Sep. 25, 2020 at 2:15 p.m.
#1
Jeff Petry has signed a new contract with the Montreal Canadiens.
Standard Contract (Extension)
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Marc Bergevin
Length: 4 years
Value: $25,000,000
Expiry Status: UFA
Cap % Tooltip: 7.67
Signing Team: Logo of the Montreal CanadiensMontreal Canadiens
Signing Date: Sep. 25, 2020
Source: CapFriendly

Jeff Petry signed a 4 year, $25,000,000 contract with the Montreal Canadiens on Sep. 25, 2020. The contract has a cap hit of $6,250,000.

SEASONClauseCap HitTooltipAAV TooltipP. BonusesTooltipS. BonusesTooltipBase SalaryTooltipTotal SalaryTooltipMinors SalTooltip
2021-22M-NTC, NMC$6,250,000$6,250,000$0$0$5,000,000$5,000,000$5,000,000
2022-23M-NTC, NMC$6,250,000$6,250,000$0$3,000,000$4,500,000$7,500,000$7,500,000
2023-24M-NTC, NMC$6,250,000$6,250,000$0$3,000,000$4,500,000$7,500,000$7,500,000
2024-25M-NTC, NMC$6,250,000$6,250,000$0$2,000,000$3,000,000$5,000,000$5,000,000
TOTAL$25,000,000$25,000,000$0$8,000,000$17,000,000$25,000,000$25,000,000
CLAUSE DETAILS: Player submits a 15 team no trade list.
CLAUSE SOURCE: CapFriendly
This contract was involved in a retained salary transaction
Sep. 25, 2020 at 2:17 p.m.
#2
Hop on the Slaftrain
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Fair AAV, too much term. I would have preferred 3 years as he'll be 34 when it kicks in
mhockey91, habs_fan123, ConnorMcHellebucyk and 7 others liked this.
Sep. 25, 2020 at 2:17 p.m.
#3
Molson beer is meh
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Awesome extension! I think everyone was expecting an aav of $7Mil+.
Boubou79, Kotkaniemi15, gm_jeanguy and 1 other person liked this.
Sep. 25, 2020 at 2:18 p.m.
#4
Dom6Yotes
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Edited Sep. 25, 2020 at 2:42 p.m.
6.25M until he’s 37 this contract extension ToTaLiY doesn’t have the potential to backfire
bhavikp27, PraVin26, KN31 and 12 others liked this.
Sep. 25, 2020 at 2:18 p.m.
#5
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Little high AAV for that term, but that's the price you have to pay to keep big UFAs. Decent move by Bergevin.

Fun fact: Nobody saw that coming - it wasn't in any rumours
Boubou79, capfriendlyaccount, Djenthallman and 3 others liked this.
Sep. 25, 2020 at 2:19 p.m.
#6
torontos finest
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not bad
RomanovTheAnswer liked this.
Sep. 25, 2020 at 2:20 p.m.
#7
Kyle from Chicago
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Old
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Sep. 25, 2020 at 2:20 p.m.
#8
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Thought he would get 7+ Million regardless of term. Adjusted for cap, he actually took less than his previous contract. Might be a little dicey in the last 2 years but I think it's a good deal.
Boubou79, Kotkaniemi15, Djenthallman and 2 others liked this.
Sep. 25, 2020 at 2:21 p.m.
#9
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He's 32. I really don't like the term at that age.
KN31, JeyCH22, Wqrrior and 1 other person liked this.
Sep. 25, 2020 at 2:24 p.m.
#10
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This will look good in three years when Price, Weber, Petry, Edmundson make $28M...
KN31, mhockey91, arab05 and 3 others liked this.
Sep. 25, 2020 at 2:25 p.m.
#11
PLZ FIRE BERGEVIN
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Horrible deal. We might as well say bye to one KK, Suzuki, Romanov,Poehling, or Primeau when their ELC runs out.
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Sep. 25, 2020 at 2:25 p.m.
#12
PLZ FIRE BERGEVIN
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Quoting: kaljakori
He's 32. I really don't like the term at that age.


ya by the end of the contract hes gonna be a bottom pair/7th dman
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Sep. 25, 2020 at 2:27 p.m.
#13
You know nothing JS
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Edited Sep. 25, 2020 at 2:36 p.m.
Partypoopers will call him old when he is a on a 3 years - 40pts streak.

Until he looses all his speed, and his skate is as good as it gets, that AAV is a cheap deal.

A 750,000$ raise, come on guys🙄
HabsForEver, gm_jeanguy, OldmanWebber and 6 others liked this.
Sep. 25, 2020 at 2:27 p.m.
#14
MTL
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Fantastic contract, glad we locked him up. 5 more years of petry. Hab for life, i love it
Sep. 25, 2020 at 2:28 p.m.
#15
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I guess everyone saying Petro shouldn’t get 7 years should know that Petry will also be signed till 37.
Boubou79 liked this.
Sep. 25, 2020 at 2:29 p.m.
#16
You know nothing JS
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Quoting: KN31
Horrible deal. We might as well say bye to one KK, Suzuki, Romanov,Poehling, or Primeau when their ELC runs out.


You dont seem to grasp the RFA concept.
Juraj_Cauzuki, Guseg6 and SevenLeg liked this.
Sep. 25, 2020 at 2:30 p.m.
#17
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Quoting: mhockey91
I guess everyone saying Petro shouldn’t get 7 years should know that Petry will also be signed till 37.


Difference is Petry got 6.25 and Pietragelo will get 9+. Petry can become a #4 and still be worth his contract. Pietrangelo has to be a #1 to be worth his.
habs_fan123 liked this.
Sep. 25, 2020 at 2:32 p.m.
#18
habs_fan
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Great aav 1 year or 2 to much term
Sep. 25, 2020 at 2:32 p.m.
#19
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Best years of Petry were when he was +30 years old. He's like wine, better with age. Bouwmeester was reliable even if old, I think Petry has the same qualities that can help him stay reliable

Even if it seems risky, the extra year doesn't scare me that much. The AAV is low for the quality he'll bring in 21 & 22
jpsnow13, Boubou79, gm_jeanguy and 1 other person liked this.
Sep. 25, 2020 at 2:32 p.m.
#20
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Quoting: SevenLeg
Fair AAV, too much term. I would have preferred 3 years as he'll be 34 when it kicks in


Defenceman age well in this league. He’ll still be worth it at 34.

Y’all wanted to give Markov $3M at 40.
Boubou79 liked this.
Sep. 25, 2020 at 2:32 p.m.
#21
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Good signing, but Montreal is spending a lot of money on some older defensemen. We'll see if this comes back to haunt them when their younger prospects and players need real contracts
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Sep. 25, 2020 at 2:34 p.m.
#22
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Quoting: willdog37
Good signing, but Montreal is spending a lot of money on some older defensemen. We'll see if this comes back to haunt them when their younger prospects and players need real contracts


When that time comes we can trade them.
Sep. 25, 2020 at 2:35 p.m.
#23
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Quoting: KN31
Horrible deal. We might as well say bye to one KK, Suzuki, Romanov,Poehling, or Primeau when their ELC runs out.


Way to over value prospects. Only KK and Suzuki are poised to get decent bucks at the end of their ELC. Poehling is a bubble player and Primeau has many years behind Carey before we see if he’s an NHL goaltender.

If the Habs end up in cap hell, it won’t be because they signed Jeff Petry for fair value.
jpsnow13 and pinslack liked this.
Sep. 25, 2020 at 2:38 p.m.
#24
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AAV is fine but the term worries me due to his age. His 100% worth that much right now but who knows if he will still be worth that much a year or two into his deal
Sep. 25, 2020 at 2:38 p.m.
#25
Kyle from Chicago
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Quoting: mhockey91
I guess everyone saying Petro shouldn’t get 7 years should know that Petry will also be signed till 37.


Whoever signs AP is signing a long term deal to keep the AAV low for the present. A team like toronto won’t care if he’s a cap dump at 35 or 36 I’d they sign him and win a cup when he’s 30-33.
mhockey91, pinslack and Remus liked this.
 
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