Elias Pettersson Signs Massive Eight-Year Contract with Vancouver – Details and Analysis

Elias Pettersson Signs Massive Eight-Year Contract with Vancouver – Details and Analysis

2024-03-04 17:00:00

“Vancouver” has concluded the main deal of the season, and possibly the five-year period. On Saturday, March 2, a new eight-year contract was announced with Elias Pettersson. The total amount of the agreement is $92.8 million. The average salary per season is $11.6 million. The contract will come into force next season, and the Swedish striker will become the fourth-highest paid player in the league. Of the European players, his contract amount is now the largest; Artemi Panarin receives a little more per year – $11.642 million, but he has seven years, not eight. Auston Matthews ($13.25 million), Nathan MacKinnon ($12.6 million) and Connor McDavid ($12.5 million) will have more Pettersson in the NHL. Pettersson slightly, but still beat his compatriot William Nylander. The Toronto forward recently signed a new contract with a salary of $11.5 million. The conditions are standard for an agreement of this level: a complete ban on trade (except for the first season), in the first years the salary will be maximum.

Pettersson’s contract is more than adequate. It should be taken into account that the Swede is only 25 years old, he will continue to progress for a long time, and the salary cap in the NHL promises to only grow (and they expect decent growth). He is Vancouver’s main franchise forward, the player around whom the team is built. Such hockey players deserve the biggest agreements. This will be the third season in a row that Elias has scored 30+ goals (he currently has 29), averaging 1.20+ points/game. Only once in his career did he reach the mark of 100 points during the regular season (last season 2022/23), and now he is also reaching a hundred. But we must understand that this is the first year in the last ten years when the team really claims to be something serious.

It’s interesting how the negotiations on the contract of the year for the Canadian club went. A few days before the signing of the agreement, Sportsnet published information that the striker might be exchanged. Allegedly, there were substantive negotiations on this matter between Vancouver and Carolina. Elliott Friedman wrote that the Killer Whales, following these negotiations, decided to make another attempt to negotiate a contract extension with their main star. The 25-year-old striker previously said that he wanted to resolve everything at the end of the season.

After the announcement of the signing, The Athletic published information that following press reports that Pettersson might be traded, the hockey player had a personal meeting with the club’s management, who honestly admitted that they did not want the situation that was with Matthew Tkachak. and that the club is actually calling regarding the trade. Shortly following this meeting, Elias gave his agents JP Berry and Pat Brisson the green light.

Vancouver’s biggest fear was that they would face the problem that Calgary had. The Canadian club was forced to trade Matthew Tkachak to Florida because the forward, who was in the status of a restricted free agent, did not want to sign a new contract. True, it seems that the Canucks panicked too much. Pettersson has never hinted that he was considering leaving the team where he is the star and fan favorite. The Canucks’ victory is that they were able to persuade the player to change his mind and sign a contract now.

After signing the contract, Pettersson organized a team dinner, where, of course, he signed up. History is silent regarding what the score was, but, there are suspicions, it was immodest. The next day there was a victory over Anaheim (2:1). Vancouver’s management can relax, they have fulfilled their main task. Now the team that is first in the Western Conference can safely prepare for the playoffs.

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