Chia working on Iginla extension?

[The Napkin]

What's a reasonable number to expect in regards to Iginla? Would he take something like 3/18 to stay here?

 

Great question, I highly doubt it would even take that much. I would love to see him here for 2/10. I think a lot depends on how the playoffs go this year too, but he definitely has plenty of gas left in the tank.

 
The above conversation happened in the game thread on Sat. Then this morning on T&R they tossed out that Chia is working on an extension. Haggs jumped in and said it wouldn't get done until after the season if at all which of course means a deal is probably imminent.
 
So what say you, SoSH. Does a deal get done? How much and for how long do you want/think it will be?

 

[Smiling Joe Hesketh]

I would love if an extension was worked out for him. He's quickly become one of my favorite players on the club.
 
He'll be 37 in July, but he's still as productive as could possibly be hoped for. Leading the team in goals, second in point, +- is fantastic, getting plenty of ice time and using it well. I'd probably offer him 2/12 and hope that he'd be happy with 2 years given his age at the end of that deal. Give him a little more in exchange for just the two years.

 

[TSC]

I'm with SJH. I think a 2/12 deal would be perfect for Iginla and for the Bruins.
 
I feel like Iginla has brought out the best in Lucic this year - and is a player Lucic should really model himself after. Lucic has always had issues with consistency in his game, and it would appear that Iginla's leadership and example have forced Lucic into playing hard every shift, every game.
 
And it's not as if the Bruins have some stud waiting in the wings (ha, get it?) who Iginla is blocking from moving up. He's a great placeholder while some of the Bruins younger talent develops.

 

 

[Ed Hillel]

First, the Bruins are going to have plenty of money available next year. With Johnson, Potter, Meszaros, Thornton, and Iginla coming off the books, plus the 7 million dollar cap increase, the Bruins should have about 15 million dollars in cap space to work with. Their big needs will be a first line scorer, bringing on a D-man or two (Krug?), extending Smith, and figuring out the backup goalie situation. Something like 2/11 should hopefully make both sides happy and leave the Bruins with enough resources to get most, if not all, of the other things done. 2016 will be quite a bit trickier (Krejci, Sorderberg, Boychuck, McQuad, Paille, Campbell, Hamilton RFA) but next year the team is pretty well set already.
 
As for the 3/18 I suggested before, I thought Iginla was 35, not 36. I'd definitely prefer the two years myself, but if he's standing firm with something like 3/15, I'm not sure I'd say no. While it's a risk, top line forwards won't be getting any cheaper in the coming years.

 

[Reardon's Beard]

I'd say 2 for 10 with a third year option at 5 or 6.
 
Question is do you make it a club or player option?

 

[FL4WL3SS]

Iginla signed for 1.8M this year, there is no way he's getting that big of a raise. I'd lock him up for another 3 years easily because even if he productive for only the next 2 years, he'll have trade value in his 3rd year and his cap hit should be reasonable.

I think the B's could lock him up for something between 3/10 and 3/12.

 

[TFP]

Iginla's bonuses/incenctives this year will easily push him close to $5mill (if he hits all of them he makes $6 mill). They only signed him this way to creatively get under the cap for this year. Any bonuses he attains will count against next year's cap....I think. 

 

[PedroSpecialK]

His contract is really 1/$6m due to easily attainable bonuses. He wasn't going to fit under the cap with that money guaranteed, so any bonus achieved that takes the B's above this year's cap max goes against next year's (and limits their flexibility).
 
Anything less than 3 years and $6m AAV and I'm thrilled.

 

[TFP]

SUCK IT PSK

 

[FL4WL3SS]

Forgot about the bonuses being that big.

I still dont' see him getting an AAV of 5 or 6 million. I think he'll get somewhere around 4-4.5

 

[cshea]

As far as I know, NHL contracts can't have option years. His base salary is $1.8 million but he had $4 million (or somewhere in that neighborhood) on an easily achievable games played bonus (10 games triggered it). Then he had a few hundred thousand in team and player bonuses, so the total amount is basically 1/$6 million. Tying the money up in bonuses allowed them to roll over the cap charge if needed.

I'd be fine with 2/11 or thereabouts. He's been pretty much as advertised and has fit in perfectly on the Krejci line. With no in-house option available, it seems like a no-brainer to extend him.

 

[BigMike]

Can they build a 3 year deal with bonuses each year?
 
Seems to me they have to basically have a deal with him that pays him substantially in bonuses much like this year's contract does.
 
The raises to Smith and Krug are going to quickly take a huge bite out of any cap space the bruins may have for next year

 

[PedroSpecialK]

The bonus structure of his current deal AFAIK can only be on a one-year basis on 35+ contracts, so his full cap hit would have to be guaranteed to be a >1 year deal.

 

[TSC]

Unless I'm reading CapGeek wrong, the Bruins should have close to 13 million in cap space (if you include Savard's LTIR) next season.
 
Krug, Smith, Bartkowski, Johnson, and Caron are all RFA's. Potter, Meszaros, Thornton, and Iginla are UFA's.
 
So long Caron, Potter, Meszaros, and honestly - probably Thornton too.
 
That leaves the Bruins with the following:
 
Lucic/Krejci/xxx
Marchand/Bergeron/xxx
Kelly/Soderberg/Eriksson
Paille/Campbell/xxx
 
Chara/Seids
Boychuk/Hamilton
McQuaid/Millar
 
Smith and Krug should definitely be back. And even though he had a hot start - Smith has slowed down considerably. I'd imagine the Bruins could keep him for 2-2.5 million. Krug is going to get quite a bump. I'd imagine probably close to 4 million. 
 
Unless the Bruins trade a D, that fills out the back end with only 2 F spots, and a backup goalie remaining.
I don't think the Bruins will want Subban riding shotgun with Tuukka just yet - so you can probably bring Johnson back (who's been great) on a similar deal.
 
That leaves 2 F spots, with close to 7 million in cap space.
 
You can easily fit Iginla on a 5/6 million dollar deal - and bring up a Robbins or Camera for the 4th line and still have space for any trades during the season.

 

[TFP]

Couple things:

• Svedberg is also an RFA and I could see him as the backup next year instead of Johnson at <$1mill, but wouldn't be surprised either way. This rewards Svedberg for all his work, gives us a capable backup again (who I would be ok with taking over full time in case of Tuukka injury) and allows Subban to be #1 guy in the AHL.
• I don't see Krug getting anywhere close to $4million, he's an RFA with one good season under his belt, I would see it being much lower around $2 mill or so.
• I think ~$2 million for Smith sounds about right.

 

[TSC]

 
Couple things:

• Svedberg is also an RFA and I could see him as the backup next year instead of Johnson at <$1mill, but wouldn't be surprised either way. This rewards Svedberg for all his work, gives us a capable backup again (who I would be ok with taking over full time in case of Tuukka injury) and allows Subban to be #1 guy in the AHL.
• I don't see Krug getting anywhere close to $4million, he's an RFA with one good season under his belt, I would see it being much lower around $2 mill or so.
• I think ~$2 million for Smith sounds about right.

 

 
I considered Svedberg - but he's already making 1 million a year. With Johnson's performance this year, I could see Chia trying to save $400,000-$500,000 there.
 
And I hope you're right on Krug - but he's probably going to be a top 5 Calder candidate. He's probably going to make close to $1.7 million this year if he reaches his bonuses. I can't see him getting less than $3, 3.5. I figured saying $4 million would be safe for projection purposes.
 
edit: Actually - Subban only got 2 years $5.75 when he was an RFA. I guess my valuation of offensive Dmen is way off. With that being a baseline - Krug probably gets less than than.
 
I was WAY off.

 

[Ed Hillel]

His contract is really 1/$6m due to easily attainable bonuses. He wasn't going to fit under the cap with that money guaranteed, so any bonus achieved that takes the B's above this year's cap max goes against next year's (and limits their flexibility).
 
Anything less than 3 years and $6m AAV and I'm thrilled.

 
Well, they are about 2.7 million left under the cap now, right? Can't they use 2.7 million of any bonuses Iginla achieves and slap it against this year's up until that point? So, if he hits, say 3.7 million in bonuses, 2.7 would go towards what's left this year, and only a million would carry over? It still limits their flexibility somewhat next year, just not as significantly.

 

[Chris21]

nm

 

[TSC]

Where was it mentioned that they are looking to extend him?  Love it.  He has been a terrific fit. 

 
Read the first post in the thread.

 

[Chris21]

 
Read the first post in the thread.

 
Saw it right after.  My bad. 

 

[Manzivino]

 
Well, they are about 2.7 million left under the cap now, right? Can't they use 2.7 million of any bonuses Iginla achieves and slap it against this year's up until that point? So, if he hits, say 3.7 million in bonuses, 2.7 would go towards what's left this year, and only a million would carry over? It still limits their flexibility somewhat next year, just not as significantly.

 
They are $2.7 million OVER the cap right now, which is allowed because they have Savard and Seidenberg on LTIR. That space can't be used for bonuses because the team is technically over the cap using just salaries. If Iginla, Hamilton, and Krug all max out all of their bonuses they'll have a $5.5875 million overage on next year's cap; that's unlikely to happen, but it will probably be $4.5-5.
 
Edit: Capgeek explains it here, but not in detail.

 

[BigMike]

Unless I'm reading CapGeek wrong, the Bruins should have close to 13 million in cap space (if you include Savard's LTIR) next season.
 

 
The problem is the Savard money can't help you until October.   So you have to be under the cap when the season starts.   So unless you are going to do something like they did with Iginla this year,   they are not going to be able to use that.  And remember, the only people who can get bonuses are over 35 and entry level.
 
Basically the Bruins are in tough shape and will have to make tough decisions this offseason

 

[TSC]

 
The problem is the Savard money can't help you until October.   So you have to be under the cap when the season starts.   So unless you are going to do something like they did with Iginla this year,   they are not going to be able to use that.  And remember, the only people who can get bonuses are over 35 and entry level.
 
Basically the Bruins are in tough shape and will have to make tough decisions this offseason

 
Not really. The Bruins can just have a couple of guys on two way deals on paper assigned to Providence to start the season. The second the season begins, you LTIR Savard and "call them up." They did it with Seguin a couple of years ago. 
 
Also - with the depth of the defense, I wouldn't be surprised to see someone like McQuaid or Boychuk being traded freeing up even more space.

 

[McDrew]

 
The problem is the Savard money can't help you until October.   So you have to be under the cap when the season starts.   So unless you are going to do something like they did with Iginla this year,   they are not going to be able to use that.  And remember, the only people who can get bonuses are over 35 and entry level.
 
Basically the Bruins are in tough shape and will have to make tough decisions this offseason

 

 
Not really. The Bruins can just have a couple of guys on two way deals on paper assigned to Providence to start the season. The second the season begins, you LTIR Savard and "call them up." They did it with Seguin a couple of years ago. 
 
Also - with the depth of the defense, I wouldn't be surprised to see someone like McQuaid or Boychuk being traded freeing up even more space.

 
IIRC, that rule was changed before this offseason.  Players like Pronger/Savard can be LTIR's before the season starts, and never count at all basically. 

 

[Manzivino]

 
Not really. The Bruins can just have a couple of guys on two way deals on paper assigned to Providence to start the season. The second the season begins, you LTIR Savard and "call them up." They did it with Seguin a couple of years ago. 
 
Also - with the depth of the defense, I wouldn't be surprised to see someone like McQuaid or Boychuk being traded freeing up even more space.

 
Assuming they re-sign Krug and Bartkowski (both RFAs), Miller's cheap one-way deal makes McQuaid superfluous and would they have plenty of D in Providence for emergency depth (Morrow, whoever they qualify out of Trotman, Warsofsky, Cross).
 
In the same vein, given Soderberg's emergence at center I expect them to look to move Kelly in the offseason; with 4 centers ahead of him on the NHL roster and Spooner knocking on the door I just can't see them spending $3M in cap space for Kelly. He'd have to waive his NTC, but they could always use a compliance buyout to get him off the books if they couldn't trade him.
 
Moving Kelly and McQuaid are both relatively painless moves that free up $4.567M, enough that they should be able to squeeze in Iginla if they're willing to go with ELC guys and cheap vets for two bottom 6 spots and the 13th forward.

 

[TheRealness]

He fits perfectly with Krejci and Lucic, so I definitely would like to see him extended. I wonder if he would be willing to take $5m on a two year deal given his seeming comfort level with team. With Soderberg a steal next year they probably wouldn't have to make too many tough decisions until 2015-16 on that type of deal.

Kelly really has become very expendable with Soderberg's emergence Center, especially with Spooner so close to ready. He's a guy that should be relatively easy to deal if they need the space.