CANUCKS HAND BUIUM AN EIGHT-YEAR, $75.04 MILLION EXTENSION
It lands in the same summer Cale Makar signed an eight-year, $163.2 million record deal — the deal that reset what defencemen can ask for.
🚨 $75.04 million. Eight years. One defenceman.
The Vancouver Canucks have signed Zeev Buium to an eight-year contract extension worth $75.04 million, carrying an average annual value of $9.38 million, TSN reports.
Eight years is the maximum term an NHL club can give its own player. Vancouver went to the ceiling.
The cap hit is the number that actually matters. $9.38 million a year comes off Vancouver's payroll every season of the deal, and every dollar committed to one blue liner is a dollar not available for the rest of the roster.
The timing is not an accident. TSN also reports Cale Makar and the Avalanche agreed to an eight-year, $163.2 million record-breaking contract — the deal analysts have spent the summer describing as a reset of the market for defencemen. Every team negotiating with a blue liner is now negotiating against that number.
Vancouver moved anyway, and moved long.
No other terms were disclosed by the club.
Long deals cut both ways. Lock a player in early and the cap hit can look like a bargain by year four. Get it wrong and it is eight years of a problem you cannot trade away cheaply.
📈 Is $9.38 million a year a steal or an overpay for Buium?
#Canucks #NHL #ZeevBuium #SportsBusiness #causeanuproar
First reported by
TSN
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