Jeff Carter’s Extension: A Perfect Example of a Clean, Long-Term Contract

November 14th, 2010 by Tom Dougherty Leave a reply »
Flyers general manager Paul Holmgren continued to take care of business with off-the-ice matters on Saturday when he announced that Jeff Carter agreed to terms to an 11-year, $58 million contract extension.

Given his new deal, Carter will be 36 years old next time he's eligible to hit the free-agent market.

The contract is a very reasonable deal for both sides, as Carter will make his money at a reasonable cap hit of $5.27 million for the Flyers.

It breaks down to: $6 million in 2011-12, $6.25 million in 2012-13, $6.5 million in 2013-14, $6.75 million in 2014-15, $7 million in 2015-16 and 2016-17, $6.5 million in 2017-18, $5 million in 2018-19, $3 million in 2019-20 and $2 million in 2020-21 and 2021-22.

Carter has a full no-trade clause beginning in the 2012-13 season and running through 2014-15, and a modified NTC from 2015-16 through 2021-22.

Because of the Ilya Kovalchuk debacle that took place over the summer with the New Jersey Devils, from this point forward any long-term contract is more likely to spark discussion of cap circumvention.

For those unaware of what took place in New Jersey, let me catch you ...

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