Jeremy Swayman contract update: are offer sheets coming?
Photo credit: Sportsnet
Jeremy Swayman and the Boston Bruins are currently engaged in contract talks with one another, however, it has become clear that both sides are still far away from completing a deal.
Following the news concerning the St. Louis Blues and Philip Broberg as well as Dylan Holloway, there has been this fear that Swayman could get hit with an offer sheet of his own. However, as Dominic Tiano writes, that is highly unlikely. The Boston Bruins have $8.6 million in cap space and will match any offer below that. However, if a team offers Swayman more, and the Bruins let him go, then that team will have to give up heavy draft capital.
Below, you can see the stipulation of the CBA that makes this concept crystal clear.
"Any Club that is entitled to but does not exercise its Right of First Refusal pursuant to Section 10.3 shall be entitled to obtain Draft Choice Compensation from the New Club. The number and quality of draft choices due to the Prior Club shall be based on the average annual value of the compensation contained in the Principal Terms (as defined in Section 10.3(e) hereof) of the New Club's Offer Sheet (determined by dividing such compensation by the lesser of the number of years of the Offer Sheet or five), based on the following scale:
Under $1.51 million - no compensation
$1.51 million to $2.29 million - 3rd round pick
$2.29 million to $4.48 million - 2nd round pick
$4.58 million - $6.87 million - 1st and 3rd round picks
$6.87 million - $9.16 million - 1st, 2nd and 3rd round picks
$9.16 million - $11.45 million - two firsts, 2nd and 3rd round picks
$11.45 million + - four first round picks."
Under $1.51 million - no compensation
$1.51 million to $2.29 million - 3rd round pick
$2.29 million to $4.48 million - 2nd round pick
$4.58 million - $6.87 million - 1st and 3rd round picks
$6.87 million - $9.16 million - 1st, 2nd and 3rd round picks
$9.16 million - $11.45 million - two firsts, 2nd and 3rd round picks
$11.45 million + - four first round picks."
Needless to say, the Bruins should be safe from any sort of offer sheet. Regardless, they will definitely want this whole situation to get figured out sooner rather than later. You never want your star goalie to be left unhappy with his contract situation. Not to mention, other players around the league are taking notice, and it could affect the team's ability to attract free agents.
Stay tuned to Hockey Unplugged for the latest news and updates from around the hockey world.
Source: Dom.Hockey
Why It Is Unlikely Jeremy Swayman Will Be Tendered an Offer Sheet
Why It Is Unlikely Jeremy Swayman Will Be Tendered an Offer Sheet
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17 AOUT | 70 ANSWERS Jeremy Swayman contract update: are offer sheets coming? Do you think there are any teams that would offer sheet Jeremy Swayman? | ||
| YES | 47 | 67.1 % |
| NO | 23 | 32.9 % |
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