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Forums :: Blog World :: Michael Stuart: BREAKING: Senators Sign Chabot to Eight-Year, $64M Contract Extension
Author Message
MrBen
Toronto Maple Leafs
Joined: 06.22.2010

Sep 19 @ 12:18 PM ET
Great signing by the Sens. It will be a bargain for 6 of those 8 years.
BestRapperAlive
Toronto Maple Leafs
Location: OEL is one of the greatest players of his generation - James Tanner
Joined: 06.21.2012

Sep 19 @ 12:18 PM ET
Anyone think Toronto didn't overpay Marner now? I love Marner but I'd take Chabot over him any day. And we are paying 3 million more a year? I don't get it.
- marty555


yikes...
spatso
Ottawa Senators
Location: jensen beach, FL
Joined: 02.19.2007

Sep 19 @ 12:40 PM ET
If over a 9 year period Chabot nets 60% of his negotiated salary and wisely invests the bulk of the income he would easily have a secure net worth of $50m by age 32. Most important it is a guaranteed income plan.

Most young players don't get it. Watching the Chabot press conference it appears that his agents have done a very good job in schooling him on the benefits of a long term gain.

He is the future captain of the Sens.

Aetherial
Toronto Maple Leafs
Location: Has anyone discussed the standings today?
Joined: 06.30.2006

Sep 19 @ 12:40 PM ET
it's not really a lot now.....55pt dmen (who are healthy, gardiner has tons of question marks about his health) are getting around that much.

it's a fair deal now, and a (frank)ing steal moving forward (assuming he continues to trend up)

- sensarmy_11


More important than the money is that he was prepared to commit long term.

That needed to happen. Someone significant had to commit first.

BernardShakey
Joined: 08.16.2016

Sep 19 @ 12:41 PM ET
Nice signing for Ottawa. The kid is good now and will be a future Norris candidate soon
AxlRose91
Joined: 09.24.2013

Sep 19 @ 12:47 PM ET
That’s a nice deal. Thought it would have been slightly higher. As long as he doesn’t go all Ekblad-y, Sens made a nice move
Gord_Wilson_2.0
Ottawa Senators
Joined: 10.11.2011

Sep 19 @ 12:49 PM ET
Pleasantly surprised to see this deal. Didn’t see a long-term thing happening based on the past couple of years. Nice to have actual good news to talk about.

Not sure he will be Norris quality like Karlsson was but he should be a decent puck moving d-man for a long time.
AlfieFever
Ottawa Senators
Location: Canada
Joined: 06.30.2007

Sep 19 @ 12:56 PM ET
Reminds me of the Karlsson deal way back (7years @ 6.5per). Turned out to be a steal for a two-time Norris winner.
sensarmy_11
Location: NS
Joined: 06.01.2009

Sep 19 @ 1:03 PM ET
More important than the money is that he was prepared to commit long term.

That needed to happen. Someone significant had to commit first.

- Aetherial


agreed 100%, that is hugely key

and they managed to get a lockout protected deal without all the SB money.

his salary when the CBA expires is only 4 mil.....actually a pretty smart way to do it. full credit to dorion on this one
Brooks_Light
Joined: 08.13.2015

Sep 19 @ 1:05 PM ET
The key is don't be a Vancouver, Islanders and overpay horribly for bottom 6 talent
- RogerRoeper


yeah the key is - pay 40mil for 4 players...
BestRapperAlive
Toronto Maple Leafs
Location: OEL is one of the greatest players of his generation - James Tanner
Joined: 06.21.2012

Sep 19 @ 1:12 PM ET
yeah the key is - pay 40mil for 4 players...
- Brooks_Light


both points are correct. imagine that!
forbetterorWORSE
Ottawa Senators
Location: Riverview, NB
Joined: 06.12.2009

Sep 19 @ 1:28 PM ET
More important than the money is that he was prepared to commit long term.

That needed to happen. Someone significant had to commit first.

- Aetherial

Dead on!!
spatso
Ottawa Senators
Location: jensen beach, FL
Joined: 02.19.2007

Sep 19 @ 1:31 PM ET
The only concern I had with the Dorion/Chabot press conference was Dorion claiming that the Sens would be a good team and in the mix this year.

"This may be the best draft in 15 years" (Bob MacKenzie). This is not a time for the Sens to go all wobbly and over perform. Every one of the top 10 picks in this draft is likely to be a good to elite NHL player. Sens need play entertaining hockey...but let's be honest. We want a top 5 pick when everything has settled.
Michael Stuart
Ottawa Senators
Location: "Caresi > Corsi"
Joined: 10.24.2011

Sep 19 @ 1:31 PM ET
The only concern I had with the Dorion/Chabot press conference was Dorion claiming that the Sens would be a good team and in the mix this year.

"This may be the best draft in 15 years" (Bob MacKenzie). This is not a time for the Sens to go all wobbly and over perform. Every one of the top 10 picks in this draft is likely to be a good to elite NHL player. Sens need play entertaining hockey...but let's be honest. We want a top 5 pick when everything has settled.

- spatso

Gord_Wilson_2.0
Ottawa Senators
Joined: 10.11.2011

Sep 19 @ 1:49 PM ET
The only concern I had with the Dorion/Chabot press conference was Dorion claiming that the Sens would be a good team and in the mix this year.

"This may be the best draft in 15 years" (Bob MacKenzie). This is not a time for the Sens to go all wobbly and over perform. Every one of the top 10 picks in this draft is likely to be a good to elite NHL player. Sens need play entertaining hockey...but let's be honest. We want a top 5 pick when everything has settled.

- spatso

That’s probably just a little PR to get fans more excited about the season. Today is a good day for the franchise, so he is running with it.

This roster is laughable compare to 2/3 of the NHL. The remaining 1/3 are in around the same as the Sens, but when I look at other rosters, I really struggle to see Sens winning many games.

Getting an elite prospect would be huge for the team. While Chabot and Tkachuk are nice to start with, I don’t see them as superstars (Chabot could be if he continues the upward trend). Huge opportunity at this year’s draft if the season falls flat, which honestly, it should.
spazzbot
Location: Maple Zombie
Joined: 02.14.2013

Sep 19 @ 2:12 PM ET
The only x factor of having a good season are the goalies. If they play above and beyond we could see a 10-19 pick. I have no idea who the players are in the draft except the projected#1. But by all accounts it is a deep 1 . Sure #1 would be ideal and not a guarantee even if they lose 82 games this year. And i am not convinced losing is good for any progress.They will end up with some great draft picks regardless. I think 3 1st rounders? Its looking good however the season unfolds. Perhaps Dorion can work some magic with all his picks to get at #1..longshot but who knows.
Trilla
Ottawa Senators
Location: ON
Joined: 06.02.2013

Sep 19 @ 2:22 PM ET
The only concern I had with the Dorion/Chabot press conference was Dorion claiming that the Sens would be a good team and in the mix this year.

"This may be the best draft in 15 years" (Bob MacKenzie). This is not a time for the Sens to go all wobbly and over perform. Every one of the top 10 picks in this draft is likely to be a good to elite NHL player. Sens need play entertaining hockey...but let's be honest. We want a top 5 pick when everything has settled.

- spatso


They still gotta sell tickets and I’m sure they’ll have good runs (seeing as every spot is available and everyone is trying to prove they could stay with the club)

Dorion has to do everything he can to get as close to Lafreniere as possible this season. Byfield or Raymond would be nice..but we need to be horrible.


Aetherial
Toronto Maple Leafs
Location: Has anyone discussed the standings today?
Joined: 06.30.2006

Sep 19 @ 2:42 PM ET
agreed 100%, that is hugely key

and they managed to get a lockout protected deal without all the SB money.

his salary when the CBA expires is only 4 mil.....actually a pretty smart way to do it. full credit to dorion on this one

- sensarmy_11


Yeah he gets full marks for this deal
PavohnDatsvares
Ottawa Senators
Location: Ottawa, ON
Joined: 05.03.2016

Sep 19 @ 2:44 PM ET
All non-Sens fans: I guarantee Chabot will not be a Sen next year. Melnyk will never pony up what he's worth.

One week later...

All non-Sens fans: Chabot isn't worth 8x8.
PavohnDatsvares
Ottawa Senators
Location: Ottawa, ON
Joined: 05.03.2016

Sep 19 @ 2:50 PM ET
If over a 9 year period Chabot nets 60% of his negotiated salary and wisely invests the bulk of the income he would easily have a secure net worth of $50m by age 32. Most important it is a guaranteed income plan.

Most young players don't get it. Watching the Chabot press conference it appears that his agents have done a very good job in schooling him on the benefits of a long term gain.

He is the future captain of the Sens.

- spatso


And if he saves ALL of his money and lives in Marc Methot's parent's basement, he'll be worth over $80M! What's your point?
spatso
Ottawa Senators
Location: jensen beach, FL
Joined: 02.19.2007

Sep 19 @ 3:18 PM ET
And if he saves ALL of his money and lives in Marc Methot's parent's basement, he'll be worth over $80M! What's your point?
- PavohnDatsvares


Sorry I thought it was obvious. The point is that it is guaranteed money and results in a net worth of $50m. The counter point that others are making is that he could do shorter deals and hope he makes a lot more money down the road. But careers can turn down easily for multiple reasons. A Bryan Berard never got the huge pay day.
AlfieisKing
Ottawa Senators
Location: Canada, ON
Joined: 11.05.2007

Sep 19 @ 3:34 PM ET
Chabot is a class act. He knew it was a rebuild and wasn't greedy - when he easily could've been.

Chabot turns 23 in Jan. He will be signed until he is 31.5 years old. It's really good for the Sens
jmatchett383
Philadelphia Flyers
Location: Newark, DE
Joined: 03.09.2010

Sep 19 @ 4:31 PM ET
Player salaries have inflated faster than the salary cap has.... teams like Toronto, San Jose, Pitts, Washington will soon be in a real crunch.

Imagine if Crosby signed a shorder deal that ended 3-4 years ago... he would be making much more than $8.7 Million. He is infinitely better than Marner.

Cap friendly? Crosby is a STEAL for the next 5 years, who will then be signing a contract relative to his declining age/numbers.

- BALUCHA


Crosby could have asked for (and gotten) $10M+. He took the $8.787M because he wanted to help the team win. I don't see how/why that would change.
cprev7
Ottawa Senators
Location: ON
Joined: 03.23.2016

Sep 19 @ 4:32 PM ET
Now, I may not be an expert at the rules around contracts and such, but I got one question. Why not make Chabots contract heavier in the front while they have literally nobody to pay, and then lighter on the back end when White, Brown, Tkachuk, etc. need to be paid? Plus lets say Chabot goes and chokes and suddenly becomes bad, at least the high years on his contract would be gone and it would be lower to trade him in the end...
jmatchett383
Philadelphia Flyers
Location: Newark, DE
Joined: 03.09.2010

Sep 19 @ 4:33 PM ET
All non-Sens fans: I guarantee Chabot will not be a Sen next year. Melnyk will never pony up what he's worth.

One week later...

All non-Sens fans: Chabot isn't worth 8x8.

- PavohnDatsvares


He isn't, but that's what it took to keep him. Very good young player, but not at $8M for 8 years.

Edit: He COULD be...just not atm.
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