Sean Monahan could be signed imminently (Update: deal done)

Great news everybody!

Two fairly prominent media sources are reporting that the Calgary Flames and Sean Monahan are reportedly very close to a deal. (Or so they report.)

Update: The Flames have announced that Monahan has re-signed.

We’ll have more on this as information becomes available.

The Flames’ first first round selection in 2013 (they had three that year), Monahan has spent three full seasons in the National Hockey League and has been a really productive young player, establishing himself as a consistent goal-scorer and the Flames’ top centerman. Francis’ sources indicate that Monahan and the Flames are nearing conclusion on a lengthy deal that should make him somewhere in-between Nathan MacKinnon’s $6.3 million cap hit and the $7 million ceiling the Flames have unofficially had on forward contracts since the Jarome Iginla days.

Now that they’re close, here’s the gist of the contract process. Teams and players negotiate, then they “agree to terms” – in the sense that everyone jots down what they want, go back and forth, and then agree to specifics. Those specifics are put into an NHL standard player contract (SPC) and circulated. Everyone’s lawyers look the deal over, suggest changes and then give their thumbs up. Then the player signs it (in-person or remotely) and after the team’s reps sign off, it’s faxed to the NHL offices for approvals. Once the league looks things over and registers the deal, it’s official and can be announced.

Depending on how complicated the deal is, things can go from agreed to terms to announced by the team fairly quickly. Probably today, in fact.

So we should have non-Tyler Wotherspoon news to discuss here rather quickly. Happy Friday, everyone!

  • knappsacked

    Even if he doesn’t sign today… where there is smoke there is fire. i would expect a contract within 3 days.

    i am concerned however, that he is reportedly going to be paid more than the other centerman. 6.5 is fair value i suppose. but i was trelieving in treliving doing something trerrific.

    okay now ill stop.

    • knappsacked

      6.3 mill for seven years. thats good. but i am a little bummed that it isn’t 8 years.

      props if you would’ve preferred 6.7 x 8 years

      trash if you prefer 6.3 x 7 years

  • Christian Roatis

    If you analyze Sean Monahan without rose coloured glasses or contacts on, he’s not worth 6.7 million. Maybe he will be by the end of his deal, but right now he really isn’t.

    • Parallex

      That’s fair. There will be some hoping on projection but fortunately even if that projection doesn’t pan out Monahan is still very good at highly valued things so the contract would never be a boat anchor.

    • Kevin R

      Don’t see the issue here. At 21 years of age I would hope he hasn’t seen his ceiling & you obviously will want a long term deal which ultimately means you have no choice but to pay him more than what he is developing to be in the first year or two of the new deal. Right?

  • Parallex

    Let’s see the terms before popping the champagne. I’m a little concerned that Gaudreau isn’t signing at the same time… Monahan is going to get a big chunk of change which will place a further constraint on the Gaudreau negotiations.

  • Bean-counting cowboy

    Let’s have an over/under contest.

    6.55 x 8 is my guess.

    Props for over trash for under

    Edit: phone just buzzed. TSN reporting done deal! 7 years!

  • Bean-counting cowboy

    Barkov’s cap hit is cheaper, but his deal is 6 years as opposed to Monahan’s 7. I am ok with this – I was hoping he’d come in just under 6 mil though.

  • Christian Roatis

    6.3 is McKinnon’s number and all-in-all seems fair. MacKinnon might be the superior player, but it’s not by much and they carry similar value to their teams.

  • ChinookArchYYC

    Glad this one got done first. Now Johnny’s up.

    In retrospect, Gaudreau only getting 2 season’s in may serve to lower his cap hit. One can only wish anyway.

  • Just.Visiting

    When comparing contracts, don’t forget that contracts are in $US.

    For a Canadian to be paid at this level in $US is a really sweet deal for how far that will take him in Canada.

    This is presumably one of the things that made Gio’s negotiation with the Flames last year so attractive to Gio as well.

    Happy to have him signed and looking forward to hearing about JG soon.

    This team is projecting out so much better than it has since the late 1980s, and Sean is a big part of that.

  • Danomitee

    Tarasenko is making $60 over 8 years. That has to be the absolute ceiling on Gaudreau. He has very similar offensive abilities, but unless something changes he can’t offer a consistent two way game because of his size.

    I’m more concerned that he may want to return to the states somewhere down the road, and maybe money isn’t as big as factor for him as term.

    • piscera.infada

      The lack of two-way play with Gaudreau is massively overstated. He’s not a defensive stalwart by any means, but he’s much more proficient in his own zone than people give him credit for. Forget size. He doesn’t need to Regher to be an effective “three-zone” forward–he needs to spend the majority of his time in the offensive zone, and continue to be proficient in taking the puck away when he doesn’t have it (something he has been very good at).

      The comparable to Tarasenko, while I agree, isn’t fait accompli. The guy is on pace to vastly outscore Tarasenko’s first three years in the league. Look at their point per game numbers.

    • Primo

      I think the ceiling for Gaudreau is much closer to $56M. Tarasenko’s leverage is a Stanley Cup championship and numerous playoff appearances that justify his contract numbers.

      At this point in Johnny’s career he is not quite the complete player especially his lack of productivity on the road without last line change. Like you I am also concerned that perhaps he wants a short term deal to set up an eventual return to an eastern based team but I will take the kid at his word when he say’s that is not a factor…we will soon find out. I’m hoping a 7 year term at $7.2AAV…..

      • piscera.infada

        Like you I am also concerned that perhaps he wants a short term deal to set up an eventual return to an eastern based team but I will take the kid at his word when he say’s that is not a factor…we will soon find out. I’m hoping a 7 year term at $7.2AAV…..

        I would just like to point out that even if Gaudreau signs a 2 to 3 year deal, it actually does nothing to prove that he doesn’t want to be in Calgary. I know the city will collectively lose their minds, but if you’re Gaudreau and you want to strike it big, why wouldn’t you “bet on yourself” and sign a 2 or 3 year deal? Let’s say he simply continues current production and goes point per game over that period. What is he worth then? Especially if the Flames can find some meaningful team success in that time. You’re probably looking at a long-term deal in the $10 million range, no? And that’s to say nothing of the potential for Gaudreau to exceed current production.

        • Danomitee

          Unless he can win multiple Stanley Cups with us there is no way I would want Johnny at 10 mil. The Crosby’s and Toews of the world deserve that because they’ve brought their cities championships, I think you can only enter that range of money if you’ve won. If in 2 to 3 years we’re middling in first or second round exits I would not pay Johnny 10, I would trade him. Only 3 or 4 players in the league deserve that type of money.

          • piscera.infada

            I mean, sure. If you want to look at that exact number (which wasn’t intended to be gospel), I agree with you. I’m just saying there are very few players that can consistently score at a point per game. If he does that, he’ll be eminently more valuable than he is now. That’s the point–not the $10 million price-tag.

            If you’re Gaudreau, and you think you can score at that kind of pace, why wouldn’t you push for a shorter-term deal? It doesn’t inherently mean he wants to flee East. That’s the only point I was making.

          • supra steve

            “If you’re Gaudreau, and you think you can score at that kind of pace, why wouldn’t you push for a shorter-term deal?”

            I think, if the agent is earning his fees, there is little chance of a short term deal for Gaudreau.

            I think it is all of our biggest fear that JG signs a big $ long term deal…and then gets into injury trouble (because he is tiny and taking a lot of abuse). Any agent should be looking at that possibility and insist on a longer term deal.

            Just my thoughts.

          • Baalzamon

            Tiny doesn’t mean injury prone. Gaudreau missed a game because of injury for literally the first time EVER last season. And if the Flames had been in a playoff race, he probably would have played through it.

          • piscera.infada

            I’m not sure I necessarily buy injuries being any greater a concern for Gaudreau. Any agent will undoubtedly be looking for the longest term his client can get, because it insures against that–so I’ll agree with you there. But even though Gaudreau is “tiny and takes a lot of abuse”, I’ve seen nothing to suggest he’s any more susceptible to injury than any other player. Injuries will happen for any player.

          • supra steve

            I’m not necessarily counting on an injury to JG either, but injuries do happen in this game (to players, large and small), and having large men swinging sticks at your body increases the chance of injury. This is Johnny’s future financial security that is being gambled if they go short term/lower dollars. Maybe Johnny is the gambling type? Hopefully his agent is not.

          • piscera.infada

            Oh, no doubt. That’s why it’s “betting on yourself” though, right?

            There are myriad possibilities, including a dip in production. It’s just more beneficial for the team to sign him long-term, than for him to sign with the team long-term. At least as I see it.

            Again, I merely speaking to this as a counter to the “if he signs short-term, he clearly doesn’t want to be in Calgary” folk. I’m all about Johnny signing long-term, and I think when all is said and done, he will.

          • Jake the Snail

            A player confident in his abilities to greatly improve could take a short term bridge deal of 2 to 3 years and then cash in when he becomes the top left winger in the league.

            It is a risk/reward situation for the player and also the team that may have to pay substantially more if the player excels in the short term. Long term contracts mean security for the player and the team, it is just settling for the right price.

            Flames may want to stagger Johnny and Monny’s contracts so they don’t become due at the same time again.

  • RKD

    Awesome, Sean Monahan is part of the Flames core and it’s important to lock up our young talent. This guy has accomplished a lot in 3 seasons and he’s only 21 years old. He was NHL ready coming out of the OHL, he was a good player on a bad team. He consistently takes a massive amount of face-offs, has great chemistry and is a great center. I would love to still see him progress more and be that 200 foot player more often. His contract is fair market value given what others have signed for. There’s a small minority of Flames fans, not sure if you can call them Flames fans who are comparing Monahan to Rene Bourque? Are they #@$% crazy?? Hey Johnny remember how you wanted Monahan and you to have the same deal, now’s a great time to match your buddy’s deal, lol!

    • Greatsave

      “I don’t think he’s quite as good as MacKinnon…”

      Wow, that’s bold. Don’t get me wrong, I tend to agree with you (or at least that Monahan isn’t appreciably better than MacKinnon), but coming out and saying that is just gonna cause another firestorm among Monny-lovers around here. Props to you.

      • Christian Roatis

        Well.. he isn’t. In nearly every metric. Like, it’s just facts. Trashes or not, facts are facts. Both are exceptional, world-class hockey players though.

        • MattyFranchise

          Mac has more assists and more P/G while Monny has more games played, more goals, more points and a better SA/60 since they both got into the league 3 seasons ago.

          That said, it’s hard to really say which is the better player right now but them having the same AAV makes perfect sense to me.