Amberite Posted July 15, 2011 Share Posted July 15, 2011 (edited) http://blogs.northjersey.com/blogs/fireice/devils_sign_first-round_pick_adam_larsson/ The deal includes no performance bonus package, but carries the entry-level maximum NHL salary, including the signing bonus and any games-played bonus, of $925,000 per season. That will be Larsson’s salary cap hit if he is on the NHL roster.The AHL salary will be the maximun $70,000 per season. Lamoriello made a point of giving Larsson credit for accepting a deal without any performance bonuses to be a Devil and fit in with all the other players in the organization. “That is impressive,” Lamoriello said. Edited July 15, 2011 by Amberite Quote Link to comment Share on other sites More sharing options...
iamtheprodigy Posted July 15, 2011 Share Posted July 15, 2011 (edited) No financial terms, obviously. TGfireandice Tom GulittiLamoriello said team did not give Larsson any individual bonuses. What now? Edited July 15, 2011 by iamtheprodigy Quote Link to comment Share on other sites More sharing options...
Quinn01 Posted July 15, 2011 Share Posted July 15, 2011 Quote Link to comment Share on other sites More sharing options...
Devilsfan118 Posted July 15, 2011 Share Posted July 15, 2011 Quote Link to comment Share on other sites More sharing options...
msweet Posted July 15, 2011 Share Posted July 15, 2011 way to go Lou! Quote Link to comment Share on other sites More sharing options...
Devilsfan118 Posted July 15, 2011 Share Posted July 15, 2011 TG says Larsson got no individual bonuses...so...perhaps a REASONABLE cap hit? Quote Link to comment Share on other sites More sharing options...
Triumph Posted July 15, 2011 Share Posted July 15, 2011 (edited) no individual bonuses means he's probably going to play here this year. swedes definitely drink the lou-aid. Edited July 15, 2011 by Triumph Quote Link to comment Share on other sites More sharing options...
Amberite Posted July 15, 2011 Author Share Posted July 15, 2011 That's really surprising. Lets wait to see what the real terms are, but that's impressive in and of itself. Quote Link to comment Share on other sites More sharing options...
Devilsfan118 Posted July 15, 2011 Share Posted July 15, 2011 Lamoriello said he doesn't believe in them and Larsson made a decision to sign without individual bonus packages. Lamoriello: "That's a decision the player made to be part of the Devils and not to be any different than anyone else in that locker room." There's some team-first mentality for ya Quote Link to comment Share on other sites More sharing options...
njdevil26 Posted July 15, 2011 Share Posted July 15, 2011 Probably a very nice signing bonus... Lou saved 2 mil off the cap hit. Quote Link to comment Share on other sites More sharing options...
Sharifijanov2099 Posted July 15, 2011 Share Posted July 15, 2011 That's really surprising. Lets wait to see what the real terms are, but that's impressive in and of itself. heck yes. sounds like it might be a decent cap hit, but we shall see. not like nugent-hopkins whose contract is all bonuses, i think (up to 3.75 mil unless i'm mistaken, which i might be). let's hope lou got larsson for less than 2M. Quote Link to comment Share on other sites More sharing options...
moustic Posted July 15, 2011 Share Posted July 15, 2011 One more stone put in the foundation wall...Our season of Redemption ! Parise & coach are next... Quote Link to comment Share on other sites More sharing options...
Devilsfan118 Posted July 15, 2011 Share Posted July 15, 2011 Woah woah, sounds like CIRCUMVENTION to me! Quote Link to comment Share on other sites More sharing options...
Triumph Posted July 15, 2011 Share Posted July 15, 2011 no bonuses means 925k a year. there are no team based bonuses. Quote Link to comment Share on other sites More sharing options...
Devilsfan118 Posted July 15, 2011 Share Posted July 15, 2011 (edited) Not to look into these things too much, but I will so fvcking hard if the signing bonus he received is equal to about what he would've received with performance bonuses. ie, if Lou completely dodged a high cap hit by using the signing bonus as a 'loophole' Edit: I think I'm misunderstanding this Edited July 15, 2011 by Devilsfan118 Quote Link to comment Share on other sites More sharing options...
Sharifijanov2099 Posted July 15, 2011 Share Posted July 15, 2011 no bonuses means 925k a year. there are no team based bonuses. so, what about the signing bonus? Quote Link to comment Share on other sites More sharing options...
Chimaira_Devil_#9 Posted July 15, 2011 Share Posted July 15, 2011 No bonus package? How does Lou pull this $hit off?? Home town discount after a week!! Quote Link to comment Share on other sites More sharing options...
devilsfan26 Posted July 15, 2011 Share Posted July 15, 2011 so, what about the signing bonus? TGfireandice Tom Gulitti That $925,000 figure, includes the signing bonus, so that is the cap hit for Larsson if he's in the NHL. Quote Link to comment Share on other sites More sharing options...
SS-SS Posted July 15, 2011 Share Posted July 15, 2011 WOW...great job LOU !!!!!!!!!! Quote Link to comment Share on other sites More sharing options...
Triumph Posted July 15, 2011 Share Posted July 15, 2011 (edited) so, what about the signing bonus? signing bonuses are built into the contract. he will receive $925,000 per season, and $92,500 of that is a signing bonus paid on july 1 (i think) each year. the thing about most of the performance bonuses is that they are near impossible to attain. Edited July 15, 2011 by Triumph Quote Link to comment Share on other sites More sharing options...
Sharifijanov2099 Posted July 15, 2011 Share Posted July 15, 2011 TGfireandice Tom Gulitti That $925,000 figure, includes the signing bonus, so that is the cap hit for Larsson if he's in the NHL. wow, 925 total. crazy. that's awesome. Quote Link to comment Share on other sites More sharing options...
MadDog2020 Posted July 15, 2011 Share Posted July 15, 2011 Lamoriello said he doesn't believe in them and Larsson made a decision to sign without individual bonus packages. Lamoriello: "That's a decision the player made to be part of the Devils and not to be any different than anyone else in that locker room." There's some team-first mentality for ya I love it. The Kool-Aid is strong in this one. Quote Link to comment Share on other sites More sharing options...
Derlique Posted July 15, 2011 Share Posted July 15, 2011 Don't know how to feel. Hope we aren't rushing him, but a great cap hit Quote Link to comment Share on other sites More sharing options...
Devilsfan118 Posted July 15, 2011 Share Posted July 15, 2011 (edited) signing bonuses are built into the contract. he will receive $925,000 per season, and $92,500 of that is a signing bonus paid on july 1 (i think) each year. the thing about most of the performance bonuses is that they are near impossible to attain. Well wait, how the hell did Lou pull that off? Edit: I missed your edit, So most rookies don't even hit their performance bonuses, correct? Edited July 15, 2011 by Devilsfan118 Quote Link to comment Share on other sites More sharing options...
MadDog2020 Posted July 15, 2011 Share Posted July 15, 2011 wow, 925 total. crazy. that's awesome. Wow is right. That's insanely low. Lou doin' work baby. Quote Link to comment Share on other sites More sharing options...
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