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Vancouver Canucks signed Thatcher Demko (5 Years / $5,000,000 AAV)

Was this a good signing?
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Mar 31 at 4:09
#1
Thatcher Demko has signed a new contract with the Vancouver Canucks.
STANDARD CONTRACT (EXTENSION)
Comparable ContractsCOMPARE THIS CONTRACT
LENGTH: 5 YEARS
EXPIRY STATUS: UFA
SIGNING TEAM: Vancouver CanucksVancouver Canucks
VALUE: $25,000,000
C.H.% : 6.14
SIGNING DATE: March 31, 2021
SOURCE: CapFriendly
SEASONCLAUSECAP HIT AAV P. BONUSES S. BONUSES BASE SALARY TOTAL SALARY MINORS SALARY
2021-22$5,000,000$5,000,000$0$0$2,500,000$2,500,000$2,500,000
2022-23$5,000,000$5,000,000$0$1,000,000$3,500,000$4,500,000$4,500,000
2023-24$5,000,000$5,000,000$0$1,000,000$6,000,000$7,000,000$7,000,000
2024-25$5,000,000$5,000,000$0$0$6,000,000$6,000,000$6,000,000
2025-26$5,000,000$5,000,000$0$0$5,000,000$5,000,000$5,000,000
TOTAL$25,000,000$25,000,000$0$2,000,000$23,000,000$25,000,000$25,000,000
Mar 31 at 4:10
#2
Joined: Jun 2017
Posts: 9,299
Likes: 5,564
Holy discount! This guy’s got a real bright future, and he’s been the Canucks’ best player by far this year. Demko sure took a lot less to help out the team. Now here’s hoping that they use their extra cap space wisely.
A_Habs_fan, Wqrrior, TheNorthStar and 8 others liked this.
Mar 31 at 4:10
#3
In need of a laugh
Joined: Oct 2017
Posts: 18,313
Likes: 9,626
Bit too much for a goalie with 60 game experience if you ask me, but for the sake of Nucks I hope he proves me wrong.

Could be a lot worse though.
Wqrrior, bhavikp27, TheNorthStar and 10 others liked this.
Mar 31 at 4:10
#4
Wqrrior
Joined: Feb 2019
Posts: 7,140
Likes: 2,353
Benning gets a lot of hate, but he is very competent in regards to RFA signings. This is a very reassuring start to a difficult contractual offseason. Continue to keep him away from July 1st and you have a good GM running this team.
capfriendlyaccount, ConnorMcHellebucyk, hosh and 2 others liked this.
Mar 31 at 4:11
#5
Joined: Aug 2020
Posts: 276
Likes: 103
Today shall be celebrated as the day Benning did something right for once
Mar 31 at 4:11
#6
Wqrrior
Joined: Feb 2019
Posts: 7,140
Likes: 2,353
Quoting: justaBoss
Bit too much for a goalie with 60 game experience if you ask me, but for the sake of Nucks I hope he proves me wrong.

Could be a lot worse though.


I'm confident given that he was highly touted for considerable time. He had a bright future years ago, and he is living up to it now. So far this is a win in the Markstrom department.
CEO and rollie1967 liked this.
Mar 31 at 4:11
#7
GM GameV4 Arizona GM
Joined: Oct 2020
Posts: 2,482
Likes: 1,703
Good deal, a bit high of an AAV for now but he’ll quickly be worth it
Mar 31 at 4:13
#8
Joined: Feb 2021
Posts: 1,034
Likes: 433
Great deal for the Nucks. Demko's been solid and he's got a bright future.
Mar 31 at 4:14
#9
In need of a laugh
Joined: Oct 2017
Posts: 18,313
Likes: 9,626
Quoting: Wqrrior
I'm confident given that he was highly touted for considerable time. He had a bright future years ago, and he is living up to it now. So far this is a win in the Markstrom department.


We shall see.
oilersguy liked this.
Mar 31 at 4:14
#10
Wqrrior
Joined: Feb 2019
Posts: 7,140
Likes: 2,353
Quoting: CEO
Today shall be celebrated as the day Benning did something right for once


He's done a lot of things right. It all just gets overlooked because the Benning meme rules superior.

Looking back at this offseason. Letting go of Markstrom was the right decision. Schmidt is finally starting to look like the upgrade needed on the blue line, Hoglander gets top 6 ice time and is a very promising spec, and most importantly, there's cap room to work with. Looking back, Only Toffoli over Jake is a regrettable choice. The others are Ws.

Team might have a year of down performance, but long term it all makes sense.
CEO and Joe_La_Garnotte liked this.
Mar 31 at 4:16
#11
Lupul x Phaneuf
Joined: Jan 2020
Posts: 684
Likes: 293
Quoting: Kotkaniemi15
Holy discount! This guy’s got a real bright future, and he’s been the Canucks’ best player by far this year. Demko sure took a lot less to help out the team. Now here’s hoping that they use their extra cap space wisely.


It's not really what I would call a discount but yeah. Demko will be a stud for VAN. Not a bad contract but not cheap. Love from MTL VAN fans Sticking Out Tongue
Mar 31 at 4:17
#12
Breadman likes Bread
Joined: Jul 2017
Posts: 2,849
Likes: 1,119
This is a good deal if he continues to play well, happy for Vancouver.
Mar 31 at 4:18
#13
best poster
Joined: Jul 2019
Posts: 5,192
Likes: 4,097
Pretty good.
Mar 31 at 4:18
#14
Joined: Jun 2020
Posts: 193
Likes: 196
This deal has a lot of upside, especially if he plays consistently like the goalie we saw in the playoffs.
rollie1967 liked this.
Mar 31 at 4:21
#15
Joined: Apr 2018
Posts: 823
Likes: 704
The most interesting thing for me moving forward: Vancouver's goalie coach Ian Clark's contract expires this year. Worked well with both Markstrom & now Demko. Will be very curious to see if he gets an extension.
oilersguy and Wqrrior liked this.
Mar 31 at 4:27
#16
stop weegar trades
Joined: Oct 2020
Posts: 1,042
Likes: 538
In true capfriendly fashion, demko is going to be bad because the general base here likes his deal, and binnington is going to be insane because the general base here hates his deal

See: Wilson + Skjei deals on the same day
Mar 31 at 4:28
#17
oilsince95
Joined: Jun 2016
Posts: 1,642
Likes: 735
Next to no doubt that the duration of this contract will deliver waaaay better value than Markstrom's. So a win there. Just too bad Holtby's contract will be on the books for a year coinciding, as it will take a lot to entice Seattle to take him.
Mar 31 at 4:30
#18
Joined: Apr 2018
Posts: 823
Likes: 704
Quoting: oilsince95
Next to no doubt that the duration of this contract will deliver waaaay better value than Markstrom's. So a win there. Just too bad Holtby's contract will be on the books for a while, as it will take a lot to entice Seattle to take him.


He's only signed for one more year
Wqrrior liked this.
Mar 31 at 4:31
#19
oilsince95
Joined: Jun 2016
Posts: 1,642
Likes: 735
Quoting: toque
He's only signed for one more year


My bad, edited, thought it was 2 more for some reason. Will still be a bit of a crunch again next season is all.
toque liked this.
Mar 31 at 4:31
#20
Wqrrior
Joined: Feb 2019
Posts: 7,140
Likes: 2,353
Quoting: toque
The most interesting thing for me moving forward: Vancouver's goalie coach Ian Clark's contract expires this year. Worked well with both Markstrom & now Demko. Will be very curious to see if he gets an extension.


Clark is probably just as important as the netminder himself. One of the best goalie coaches in the game.
rollie1967 liked this.
Mar 31 at 4:44
#21
Dumb trades are easy
Joined: Jan 2017
Posts: 2,735
Likes: 1,452
Hard to compare to Murray or Binnington because 2 of the 5 years are RFAs and the three others are autonomy.

The way I see it (unconfirmed) it's 2x4M, 1x5M and the 2 last ones at 6M.
Mar 31 at 5:02
#22
NHL Trade Inspector
Joined: Feb 2020
Posts: 6,869
Likes: 2,984
Quoting: justaBoss
Bit too much for a goalie with 60 game experience if you ask me, but for the sake of Nucks I hope he proves me wrong.

Could be a lot worse though.


agreed he could flop next season like Bobrosky did when he got his 10mill


still created some quality memes so im good
Trickster liked this.
Mar 31 at 5:09
#23
Joined: Dec 2017
Posts: 2,983
Likes: 1,359
Holtby wasn't great in WASH last 2 seasons but his career really spiraled after that mask fiasco in VAN. Talk about getting off on the wrong foot. Basically it'll be $9.3M next season for Demo in goal.
Mar 31 at 5:11
#24
Joined: May 2018
Posts: 103
Likes: 115
This is very very risky. Goalies are voodoo, could be next Gibson, could be next Murray.
moli92 and BCAPP liked this.
Mar 31 at 5:18
#25
Josh
Joined: Jun 2020
Posts: 189
Likes: 54
Definitely a steal, figured it was going to be a bit more.... now onto the other 2... Petty and Hughes.
 
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