Nick Foligno has signed a new contract with the Chicago Blackhawks.

Overpay, but Chicago can afford it and it was probably the only way to interest Foligno in staying in Chicago. Good leader which Chicago can use, and a bodyguard for Bedard, Reichel, possibly Korchinski, etc.

i would also do this

Another necessary overpay to get to the cap floor with some cushion. Hawks now sit at 13F 6D 2G while still roughly $1.2 million under the cap floor. Still need to resign Kurashev and maybe C. Jones and that fills the roster. Guessing the cap dump market wasn't as great as they hoped or they just really preferred Hall's higher cap hit and pedigree.

I would've given him 8 years

Nick's agent needs a pay raise

This would be a bad signing for 31/32 teams, but Chicago is about to bring in the next generational player and doesn't have a veteran presence. Whether or not Foligno has the C, this is a guy who can be their captain this year.

You need veterans or else you end up as the 2014 Oilers. Chicago stripped their roster so bare that they have no one in transition they can rely on, so they had to overpay.

“If into the CapFriendly Recent Signings you look, only pain will you find”
-Master Yoda

$4 million to be the adult in the room. Not bad.

(Does this mean Captain serious is done?)

Question now is can agents successfully play dumb when the UFA market opens and use this and AA's contract to set market prices despite them being obvious cap floor outliers.

Still waiting for KD to have a good signing

”hmm…without Kane, must have Pain”

Done with the Hawks for sure. Hawks told him and Kane they wouldn't be resigning them and they gave Toews a nice farewell at the end of the season. Done altogether is TBD, depends on his health/long Covid.

Makes sense for CHI so they can hit the cap floor but I don't think his contract will be movable to any team during the season

Unfortunately he can only sign for 7. This is a glaring L for Davidson not locking him down into his prime years.

Not a good contract objectively, but it makes sense for CHI

Good signing: you have to be careful with who you chose to play with your upcoming young talent. Sure you could leverage a 2nd out of the islanders to take on Bailey (and they still might) but having a solid veteran leadership core to usher in Bedard/Reichel/the next core is important to get right.

Rumor is he is going to sign Bedard to a 3yr $950,000/yr contract. That's a steal!

The Domi and AA contracts of 1 yr $3M were great. Lafferty at $1.15M per year x 2 years was a good signing. Almost all of his other signings were sub-$1M for AHL or ELC guys. He hasn't signed anyone longer than 2 years (other than ELC).

Can’t say I saw Nicky Fligs getting a raise; but, Gotta hit the floor somehow, I guess.

^This

CHI and ARI are the only two clubs this would make sense for.

Agreed.

Good for CHI because

1) They need to hit the cap floor
2) Good leadership for the new guys
3) Someone established for the fans to cheer for as Kane and Toews are gone.

We already know Toews won’t sign with the Hawks again, he might play more but it won’t be in Chicago

WHAT? Foligno is not worth anywhere near 4mil, I’d give him like 2mil max though Chicago is like the only team that can pay him 4mil and not suffer the consequences

This is just to get closer to the cap floor. Well, not just to reach the cap floor. But they deliberately overpaid him because it's only for one season, and there's no big name FAs that'll be out there who could reasonably be headed to Chicago.

Good for Foligno. There shouldnt be any complaints here, it's just good business.