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Florida Panthers signed Aleksander Barkov (8 Years / $10,000,000 AAV)

Was this a good signing?
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Oct. 8, 2021 at 10:35 a.m.
#1
Aleksander Barkov has signed a new contract with the Florida Panthers.
Standard Contract (Extension)
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Bill Zito
Length: 8 years
Value: $80,000,000
Expiry Status: UFA
Cap % Tooltip: 12.27
Signing Team: Logo of the Florida PanthersFlorida Panthers
Signing Date: Oct. 8, 2021
Source: CapFriendly

Aleksander Barkov signed a 8 year, $80,000,000 contract with the Florida Panthers on Oct. 8, 2021. The contract has a cap hit of $10,000,000.

SEASONClauseCap HitTooltipAAV TooltipP. BonusesTooltipS. BonusesTooltipBase SalaryTooltipTotal SalaryTooltipMinors SalTooltip
2022-23NMC$10,000,000$10,000,000$0$11,000,000$1,000,000$12,000,000$12,000,000
2023-24NMC$10,000,000$10,000,000$0$11,000,000$1,000,000$12,000,000$12,000,000
2024-25NMC$10,000,000$10,000,000$0$11,000,000$1,000,000$12,000,000$12,000,000
2025-26NMC$10,000,000$10,000,000$0$10,600,000$1,000,000$11,600,000$11,600,000
2026-27NMC$10,000,000$10,000,000$0$9,000,000$1,000,000$10,000,000$10,000,000
2027-28NMC$10,000,000$10,000,000$0$7,000,000$1,000,000$8,000,000$8,000,000
2028-29M-NTC$10,000,000$10,000,000$0$6,200,000$1,000,000$7,200,000$7,200,000
2029-30M-NTC$10,000,000$10,000,000$0$6,200,000$1,000,000$7,200,000$7,200,000
TOTAL$80,000,000$80,000,000$0$72,000,000$8,000,000$80,000,000$80,000,000
CLAUSE DETAILS: Player submits a 16 team trade list starting in 2028
Oct. 8, 2021 at 10:36 a.m.
#2
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good deal, though signing Weegar, Hubby and Knight 1 year after the extension kicks in will be a pain
EsoYeezus69, mauston_atthews, SydBarrett and 8 others liked this.
Oct. 8, 2021 at 10:37 a.m.
#3
Jinx god
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Huge deal, but expected, only 500k more than Point.

This is a major dub for Florida, now figuring the cap is their only question.
A_Habs_fan, Gmonwy, BigManColby and 3 others liked this.
Oct. 8, 2021 at 10:38 a.m.
#4
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Great deal for both sides.
Aero_Astro_Guy and SoFlaSooner liked this.
Oct. 8, 2021 at 10:38 a.m.
#5
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Quoting: MrDinkiee
Mitch Me-rner and John Pajamas making $11M


Toronto has higher taxes than Florida so they might be making around the same amount after taxes, also how tf does Marner and Tavares have to do with Barkov's extension
weirfanno1, aedoran, Trickster and 8 others liked this.
Oct. 8, 2021 at 10:39 a.m.
#6
Bo Horvat enjoyer
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No more Barkov to the rangers ACGM posts 🤩!
Aero_Astro_Guy, A_Habs_fan, SevenLeg and 17 others liked this.
Oct. 8, 2021 at 10:40 a.m.
#7
In Zito We Trust
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Rangers fans in shambles! Praise Jigga Boggy and Lord Zito for bestowing this fat W upon us today!
Oct. 8, 2021 at 10:42 a.m.
#8
Go Jets Go
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Good deal for an outstanding and in my opinion, underrated player!
OldNYIfan and SoFlaSooner liked this.
Oct. 8, 2021 at 10:47 a.m.
#9
Nah.
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Quoting: A_Habs_fan
good deal, though signing Weegar, Hubby and Knight 1 year after the extension kicks in will be a pain


So…how big is the Bobrovsky cap dump trade going to be?
CEO, CD282, BigManColby and 3 others liked this.
Oct. 8, 2021 at 10:51 a.m.
#10
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Worth every penny.
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Oct. 8, 2021 at 10:51 a.m.
#11
yippee
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Great deal, but I saw a report that there’s $70mil+ in signing bonuses, so this may be updated to reflect that if it’s true.

If that’s actually true, that means nearly 90% of the contract is signing bonuses, how does that even work?
CEO, BostonBeat97, CSStrowbridge and 1 other person liked this.
Oct. 8, 2021 at 10:52 a.m.
#12
suffering since 2010
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Age 27-34? Not bad
OldNYIfan and SoFlaSooner liked this.
Oct. 8, 2021 at 11:02 a.m.
#13
Bedard23
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I bet everyone in Sunrise is sing Hallelujah outside of BB&T Center
SoFlaSooner liked this.
Oct. 8, 2021 at 11:02 a.m.
#14
IamAlwaysRight
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Worth every penny IMO. Best two-way player in the game.
SoFlaSooner liked this.
Oct. 8, 2021 at 11:03 a.m.
#15
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Bob-Bro gets traded to the salary player cap dump city of Arizona.
A_Habs_fan liked this.
Oct. 8, 2021 at 11:11 a.m.
#16
Breadman likes Bread
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Great deal. This will be considered “team-friendly” around year 5.
SoFlaSooner liked this.
Oct. 8, 2021 at 11:12 a.m.
#17
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Quoting: A_Habs_fan
Toronto has higher taxes than Florida so they might be making around the same amount after taxes, also how tf does Marner and Tavares have to do with Barkov's extension


He's comparing the dollar amounts of Marner and Tavares' contracts to Barkov's?.. That's how.
Oct. 8, 2021 at 11:22 a.m.
#18
torontos finest
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Pretty good contract.
Oct. 8, 2021 at 11:31 a.m.
#19
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Florida's gonna be a really good team for the next little while
SoFlaSooner liked this.
Oct. 8, 2021 at 11:34 a.m.
#20
Bait Post Detector
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Quoting: A_Habs_fan
Toronto has higher taxes than Florida so they might be making around the same amount after taxes, also how tf does Marner and Tavares have to do with Barkov's extension


Everything is about the leafs
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Oct. 8, 2021 at 11:35 a.m.
#21
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Quoting: CEO
Florida's gonna be a really good team for the next little while


Knight/Bob will be the big clinch one way or the other
SoFlaSooner liked this.
Oct. 8, 2021 at 11:37 a.m.
#22
Hockey/Caps fan
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My old buddy Barkov, do you have a mil to spare?
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Oct. 8, 2021 at 11:47 a.m.
#23
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Edited Oct. 8, 2021 at 11:56 a.m.
Quoting: MrDinkiee
Mitch Me-rner and John Pajamas making $11M


Quoting: A_Habs_fan
Toronto has higher taxes than Florida so they might be making around the same amount after taxes.



Barkov's average annual net income will be roughly $6,336,000 after taxes. (tax rate = 36.64%)

Marner's average annual net income is currently $5,105,000 after taxes. (tax rate = 53.18%)


------------------------------------


An $8,000,000 cap-hit in Florida would give you about the same net-income as Mitch Marner.

Marner has a lower net-income than Kucherov + Stamkos + Point + Vasilevskiy + Barkov + Bobrovsky.

His after tax salary is closer to Hedman + Ekblad than anyone above (and his cap-hit is $3,000,000+ higher than theirs).


------------------------------------


More info is available here:

https://gavingroup.ca/nhl-tax-calculator/
RawDeal, Trickster and Brian2016 liked this.
Oct. 8, 2021 at 11:51 a.m.
#24
BostonBeat97
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Quoting: Roysboy72
Great deal, but I saw a report that there’s $70mil+ in signing bonuses, so this may be updated to reflect that if it’s true.

If that’s actually true, that means nearly 90% of the contract is signing bonuses, how does that even work?


If the contract is balanced, on July 1, Barkov is paid 9 million in a signing bonus. Then a 1 million base salary for the season for 8 years.
luckyguessiguess liked this.
Oct. 8, 2021 at 12:11 p.m.
#25
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Wow extremely good deal for Florida to lock up their elite #1C
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