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06-14-2013, 01:48 PM
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C. Giroux: 8-year contract extension (ESPN: $66.2m, $8.275m AAV, NMC) upds in post #1

Curious what people think his number will be. I am guessing 8X8.

June 14, 2013 Updates


As the Philadelphia Flyers continue to work on a contract with recently acquired defenceman Mark Streit, TSN hockey analyst Darren Dreger reports the team has also begun preliminary discussions on extending Claude Giroux's contract.

The 25-year-old centre has one year left on a three-year, $11.25 million contract he signed ahead of the 2011-12 season. He is slated to become a restricted free agent after next season.


Though negotiations haven't started yet between the Flyers and star center Claude Giroux, look for them to begin in the coming weeks, a source close to the situation said.

Giroux, 25, will make $5 million next season, but his cap hit is $3.75 million because most of the money was backloaded in a three-year, $11.25 million contract. He can become a restricted free agent after the 2013-14 season, meaning the Flyers can match another team's offer and keep him in the fold.
If a new deal is consummated, it will undoubtedly make Giroux the Flyers' highest-paid player. Based on the market, he probably will average between $7 million and $8 million per season in a long-term deal.


July 4-5, 2013 Updates

The Philadelphia Flyers are reportedly on the verge of signing star center Claude Giroux to a long-term contract extension. Seeing that it's Giroux and the Flyers we're talking about, it's going to be a big one.

Pierre LeBrun of reports it's going to be for the max eight years and north of $8 million per season. He later tweeted that it's a done deal at $66.2 million, or $8.275 million per year. It also includes a full no-movement clause.

It's a massive deal for Giroux, but it's not unexpected. He has become one of the best players in the league, and he's being compensated like it. These types of salary-cap hits will become the norm with the term limits in the new CBA. There are no years on the back end to take the cap hit down.

A year away from restricted free agency, Giroux has been in serious talks with the Flyers on a new contract that would be among the richest in franchise history and make him one of the league's highest-paid players.

Giroux is close to a deal on an eight-year contract extension worth more than $8 million annually, ESPN's Pierre LeBrun reported Thursday.

Comcast SportsNet reported the proposed deal would be worth between $8.25 million and $8.41 million a year, which would make the total value of the contract between $66 million and $67.28 million.


Flyers sign Giroux to eight-year contract extension
The Philadelphia Flyers have reached an agreement on an eight-year contract extension with center Claude Giroux that will take effect at the start of the 2014-15 season, according to general manager Paul Holmgren.

“We are pleased to announce that we have agreed to an eight-year contract extension with Claude Giroux,” Holmgren said. “Claude is a high-quality young man that over the past few years has blossomed into our best player and also one of the top players in the league. We look forward to more and better things to come from Claude over the next number of years as we try to achieve our goal of becoming a championship team.”

Giroux, 25 (1/12/1988), was named the 19th captain of the Flyers on January 15, 2013. The 5-11, 172-lb native of Hearst, Ontario is entering his sixth season with the Flyers. He is coming off a 2012-13 campaign where he posted 13 goals and 34 assists for 47 points while appearing in all 48 games.

In the 2012-13 season, Giroux enjoyed a breakout campaign as he led the Flyers to the second round of the Stanley Cup Playoffs. He posted some of the best offensive numbers for a Flyers player in a dozen years, finishing the regular season with 28 goals and 65 assists for 93 points on the season, all career highs. The 93 points were the most by a Flyer in a single season since Eric Lindros had 93 points in 1998-99, and the 65 assists were the most by a Flyer since Lindros posted 68 in 1995-96. Giroux also became just the fourth Flyer ever to record 50 or more assists in consecutive seasons, joining Bobby Clarke (8 seasons, 1972-1980), Brian Propp (3 seasons, 1983-86) and Mark Recchi (2 seasons twice). Giroux ranked third in the NHL in scoring and led the league in power play points with 38 (6G, 32A).

Last edited by MiamiScreamingEagles: 07-05-2013 at 09:50 AM.
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