Report: Flames offer eight-year deal worth more than $10M per season to Johnny Gaudreau

With less than 12 hours remaining before they lose the ability to offer an eight-year deal, the Calgary Flames are putting forward their best offer for Johnny Gaudreau. Frank Seravalli of Daily Faceoff tweets that Calgary has offered an eight-year deal worth more than $10M per season, which would make the pending free-agent winger one of the highest-paid players in the NHL. He notes that if Gaudreau leaves Calgary Wednesday “it likely won’t be because of money.”

Unlike free agency itself, which doesn’t open until midway through Wednesday, a team’s right to sign one of its own players to an eight-year deal expires at midnight (ET). That means if there’s no deal by Wedesday and Gaudreau is to land more than this $80MM+ on the table from Calgary, he would need to sign a seven-year deal worth at least $11.43M per season. That number would put him fifth in the entire league, behind only Connor McDavid, Artemi Panarin, Auston Matthews and Erik Karlsson in terms of cap hit.

Total money isn’t always the deciding factor, though, especially not for NHL players (or at least their agents) who can see the salary cap rising significantly in a few years. That extra year for Gaudreau might not be as important as seeing what kind of teams are interested, and what is the best fit for his career moving forward.

The Flames, of course, will have a huge hole in their lineup if Gaudreau decides to leave — and a bunch of cap space to fill it with. The team currently sits with more than $26M in room, though that doesn’t factor in extensions for Matthew Tkachuk, Andrew Mangiapane and Oliver Kylington, who are all restricted free agents.

Gaudreau was the unanimous top selection in our UFA list, following his outstanding 115-point season.