For the first time since 2013, an NHL team has made an offer sheet and a restricted free agent has signed it. The Montreal Canadiens want Sebastian Aho of the Carolina Hurricanes, and they’re willing to part with a lot of draft picks to make it happen.
The Canadiens have announced that they have tendered an offer sheet to restricted free agent Sebastian Aho of the Carolina Hurricanes. The proposed contract is for five years, with an average annual value of $8.454 million.#GoHabsGo
— Canadiens Montréal (@CanadiensMTL) July 1, 2019
Aho has already signed the offer sheet, meaning Carolina has a week to choose to match it or not. If Carolina does not match the deal, Montreal will give Carolina three draft picks: a first, a second, and a third.
The deal in the sheet is 5 years x $8.454 million, well short of Evolving Hockey’s projection for Aho at 8 years x $9.8 million. Montreal’s offer, however, contains the maximum amount of signing bonus possible.
Aho’s actual salary will be between $700K-$750K per season. Rest is all bonuses. Approx $21M in first 12 months.
— Elliotte Friedman (@FriedgeHNIC) July 1, 2019
Breakdown of Aho offer sheet: $11.3M SB plus 700k salary in Year 1; $9.87M SB plus 700k salary in Year 2; $6.95 SB plus 750k salary in Year 3; $5.25 SB plus $750k in each of Year 4 and Year 5
— Pierre LeBrun (@PierreVLeBrun) July 1, 2019
While the annual average value of the deal is probably below market, the only real stressor upon Carolina would be paying most of the amount early on in the term. That’s a less-than-ideal structure for Carolina, but it’s not a real problem for a team whose owner is as purportedly liquid as Tom Dundon.
Aho, 21, is a bona fide superstar. He scored 30 goals and 83 points for the Hurricanes last season, team-highs in both.
Carolina is widely expected to match the offer, but the landscape of contract negotiation and competition is certainly changing in the NHL.
''Sebastian Aho accepted our offer. He wants to come to Montreal. He sees our youngsters coming up in the organization and he wants to be a part of that. We're proud, but there's still a waiting period.'' – Marc Bergevin #GoHabsGo
— Canadiens Montréal (@CanadiensMTL) July 1, 2019
#Canes GM Don Waddell said the team is reviewing Sebastian Aho's offer sheet from Montreal. "I'm actually surprised it wasn't more."
— Michael Smith (@MSmithCanes) July 1, 2019
Headline photo: Carolina Hurricanes
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