@CanucksPR: Vancouver Canucks General Manager Patrik Allvin announced today that the club has agreed to terms with forward Elias Pettersson on an eight-year contract.
@CanucksPR: Vancouver Canucks General Manager Patrik Allvin announced today that the club has agreed to terms with forward Elias Pettersson on an eight-year contract.
Wooo Petey! My RR Petey jersey gets to be a happy jersey and not a sad reminder
Calicoh_kid
WHAT DO I DO WITH MY HANDS
lerkerfan
8 MORE YEARS!
flacidtuna
Did I just hear 3 more cups after this years?
Gentlemanwhiskey
They also announce that they trade Elias Pettersson and that the defence prospect has moved to forward as part of his new deal
Moochie84
What a lovely way to wake up in the morning
No-Mastodon6734
I just jumped out of bed and my gf just doesn’t get it. Woooooo
travworld
Happy I just ignored all those insider articles and waited for the actual thing to happen.
Regardless of the price, Elias has been our superstar for years now. Clearly one of the best forwards in the league and can take over games. Not to mention has gelled with the core of this team. He has the values that the organization wants and really wants to win.
Twatts71
At the end of this deal he’ll have been a Canuck for 14 seasons. Nobody else will ever wear number 40 in Vancouver
jakobgies
11.6 m AAV GMJR MASTERCLASS
Ghostboy259
Perhaps the biggest news in Canucks history since Tanev Instagrammed “pug in a box”
Letsbeguin
My first thought was “fantastic news”. Second was “there’s no way Hronek is getting 8 for his new contract .
FarSightXR-20
Hopefully now he can just relax and play his game and not worry about doing too much so he can try and get a bigger contract. lol. Go win a fucking Stanley cup now!
FreonJunkie96
What threatening a trade to the Hurricanes does to a man
LiveLaughLoveRevenge
11.6…. I don’t view this as PA winning a negotiation as much as Petey making a commitment to this team.
Likely he sees the amazing turnaround they’ve had this season, and this is a vote in faith of management being able to build a contender and help him get his name on the cup!
Edit – I like that this also sends a message to the rest of the team. If the superstar is showing faith and commitment to winning over personal gain, that sets the expectation for all.
– NMC kicks in year 2 (2025-26) – I’m not 100% certain but I think this makes sense because the first year is an RFA year and I don’t believe you’re able to get trade protection in those years – the signing bonuses balloon for the first two years (12M + 10M), third year is all salary, but then it stays steady at $5M for the remainder of the contract. This makes it effectively buyout-proof for the first two years (which… if we’re buying out that early, someone really fucked up). It makes the last few years, if Petey DOES happen to drop off a cliff, palatable to buy out if needed – Mostly front-loaded to the first four years, and balanced year 5. The actual money paid in the last three years is $8.7M/year meaning if we really want to trade him to the Utah Coyotes at that point it may look attractive (NMC notwithstanding).
Congratulations Petey on getting paid. This is definitely a career contract and a solid piece of business. Getting him in under $12M and getting max term is a HUGE win for this front office, and getting almost $93M (almost $67M of which is guaranteed, even if we buy him out next year). Allvin has got to be a serious contender for GM of the year after this.
26 Comments
Most excellent
Ah thank god
Saturday morning 💣
wooooooo
LETS GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
YAAAAAAAAAAAAAAAAAA
HOOOOOOOOOOOOOOOO
Most excellent my Saturday is complete.
Allvin is a fucking god, I can’t believe him
Okay so what do we obsess over now?
Ladies and gentlemen. We got him.
Wooo Petey! My RR Petey jersey gets to be a happy jersey and not a sad reminder
WHAT DO I DO WITH MY HANDS
8 MORE YEARS!
Did I just hear 3 more cups after this years?
They also announce that they trade Elias Pettersson and that the defence prospect has moved to forward as part of his new deal
What a lovely way to wake up in the morning
I just jumped out of bed and my gf just doesn’t get it. Woooooo
Happy I just ignored all those insider articles and waited for the actual thing to happen.
Regardless of the price, Elias has been our superstar for years now. Clearly one of the best forwards in the league and can take over games. Not to mention has gelled with the core of this team. He has the values that the organization wants and really wants to win.
At the end of this deal he’ll have been a Canuck for 14 seasons. Nobody else will ever wear number 40 in Vancouver
11.6 m AAV GMJR MASTERCLASS
Perhaps the biggest news in Canucks history since Tanev Instagrammed “pug in a box”
My first thought was “fantastic news”. Second was “there’s no way Hronek is getting 8 for his new contract .
Hopefully now he can just relax and play his game and not worry about doing too much so he can try and get a bigger contract. lol. Go win a fucking Stanley cup now!
What threatening a trade to the Hurricanes does to a man
11.6…. I don’t view this as PA winning a negotiation as much as Petey making a commitment to this team.
Likely he sees the amazing turnaround they’ve had this season, and this is a vote in faith of management being able to build a contender and help him get his name on the cup!
Edit – I like that this also sends a message to the rest of the team. If the superstar is showing faith and commitment to winning over personal gain, that sets the expectation for all.
Well, Capfriendly has the [contract structure](https://www.capfriendly.com/players/elias-pettersson) now it seems. A couple of things to note:
– NMC kicks in year 2 (2025-26) – I’m not 100% certain but I think this makes sense because the first year is an RFA year and I don’t believe you’re able to get trade protection in those years
– the signing bonuses balloon for the first two years (12M + 10M), third year is all salary, but then it stays steady at $5M for the remainder of the contract. This makes it effectively buyout-proof for the first two years (which… if we’re buying out that early, someone really fucked up). It makes the last few years, if Petey DOES happen to drop off a cliff, palatable to buy out if needed
– Mostly front-loaded to the first four years, and balanced year 5. The actual money paid in the last three years is $8.7M/year meaning if we really want to trade him to the Utah Coyotes at that point it may look attractive (NMC notwithstanding).
Congratulations Petey on getting paid. This is definitely a career contract and a solid piece of business. Getting him in under $12M and getting max term is a HUGE win for this front office, and getting almost $93M (almost $67M of which is guaranteed, even if we buy him out next year). Allvin has got to be a serious contender for GM of the year after this.