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Photo Credit: Anne-Marie Sorvin-USA TODAY Sports

Report: Canucks re-sign Edler to three-year deal

The Vancouver Canucks and Alex Edler have reportedly agreed on a three-year extension, with a modified no-move clause.

The defenceman that has over 800 games played for the Canucks will be returning to Vancouver after earlier reports suggested that the two parties were still somewhat far apart in negotiations. Going as far as saying that Vancouver would not entertain the idea of a three-year extension for the 33-year-old.

Important to remember that for the next couple of weeks, things move extremely quickly.

The new contract will hold a reported cap hit between $5-million and $5.5-million. Staying in the same realm of his previous six-year, $30-million contract.

One of the key parts of this new deal is the no-move clause only lasting the first two years of the contract. Meaning that the Canucks will not be forced to protect Edler for the upcoming Seattle expansion draft in two years time.

The 13-year Canuck is coming off a season that demonstrated how important he is to this club. Scoring 10 goals and 34 points in just 56 games played, Edler had his highest points-per-game since his 2010-11 season. He was also able to notch an on-ice 0.7 CF%rel this past season, while having a 58.9 defensive zone start percentage, a career-high.

This is the first transaction of what will be a long off-season for the Canucks, especially during the hometown draft, where there have been reports that Benning will be active in trade talks.

The Canucks now are sitting with seven defencemen signed on their roster, but only Edler and Quinn Hughes have contracts beyond next season. A flexible situation where there will be opportunities given to form a new blue line core.

With reports coming earlier today that the salary cap for the 2019-20 NHL season will be somewhere between $81.5-million and $82.5-million, that means Vancouver now has around $24-million in cap space — completely up to the exact cap hit of Edler’s new contract and the new cap league-wide.

There is sure to be more movement and transactions for the Canucks as the host the 2019 NHL Draft that starts this Friday, June 21st.

UPDATE:

It appears the term on Edler’s new deal might not be cemented as of yet. Elliotte Friedman has recently reported that this deal might be a four-year contract, but the no-move clause going away to prevent an expansion draft headache has been solved.



    • Gino über alles

      Agreed, this is a massive win and honestly much better than I hoped. There was a growing consensus that he’d test the market and see where he was at but even in my most optimistic scenario there is no way I saw him back here for $5.5m. He’ll be a perfect mentor and can still play those tough minutes until Juolevi and Hughes round into form.

  • Bud Poile

    Fair signing for the club and Eddy.
    If they are serious about Gardiner where does that leave Hutton?
    Maybe they are willing to move Hughes over to the right side until they can find a RHD to replace Tanev.

    • DogBreath

      Very good signing. Didn’t think he’d be able to hold money, term and NMC. Even the biggest haters will have trouble pointing out the negative in this one.

      With rumours that Tanev is in play, either of he and/or Hutton have to be part of package to shore up the RHD.

  • speering major

    Great news

    I don’t understand why they aren’t structuring this deal so that his 3rd year salary is larger than his cap hit? Like opposite of a buy-out proof deal. There’s no way Seattle would bite on that

    Anyways, I think if Benning can ship out Tanev and not go after a UFA vet with a monster contract, we can all breathe a sigh of relief

    I really like the Bogosian rumors. Perfect fit

    Edler Stetcher
    Hutton Hughes
    O.J. Bogosian

    • Cageyvet

      Two comments on the structure. One, who knows, you might want them to take him off your hands, a lot can happen between now and then. Two, he can always spread the word that he’ll retire before he leaves Vancouver, and deter them that way. At 35, it’s no stretch to think he’d follow through with it.

        • I am Ted

          Whoopty doo… Bogo plays LESS minutes than Tanev/Edler yet hasn’t had a sniff of 82 games in ten years pal.. played 18 games in 2017-18 ffs… Sabres fans can’t wait to get rid! Dude makes Gudbranson look like a worldbeater!

          Good job a mug like you will never be allowed to pull the trigger eh. Brutal post, and oh yeah, Edler is now re-signed so… go f((c)k yourself rubberneck.

        • bobdaley44

          Bogo isn’t even in the same class Edler is. Third pairing defensive defenceman with no PP skill and limited offence. Two year 6 mill per is a great deal. Kudos to Benning.

    • TD

      The larger salary in the final year makes him unattractive to Seattle. He doesn’t want to go anywhere and that will help, not that an expansion team should take an aging d man.

  • Goon

    Glad to hear it. Assuming we’re looking at what’s reported, $5.5 million with an NMC in the first two years that’s gone in the final year, this is totally reasonable and good value for both sides.

  • Rodeobill

    Happy to hear and seems like a fair compromise on both sides. His play this year started to look consistent and better, like a team leader. Welcome back Eddy!

  • Hockey Bunker

    Ultimately he didn’t want to move and Benning stick to his guns. No need to pursue LHD now and can focus on shoring up the RHD.
    Also means OJ can work his way into the lineup.
    And length of contract means Edler won’t stand in the way of progress.
    So a win.

  • wojohowitz

    I`m surprised they didn`t structure this more imaginatively like; $4m, $5m, $6m, $7m. Seattle wouldn`t want to pay that salary and if they did Edler might just take the money.

  • LTFan

    IMO this is a good deal for both Edler and the Canucks. There was no way the Canucks were going to let Edler walk for nothing. Plus he wanted to finish his career in Vancouver. By the time the expansion draft rolls around Alex will be 35 and there is little chance the Seattle would pick a 35 year old D. man. I think he will finish his career as a Canuck.

    • DogBreath

      3 years is certainly better than 4. The UFA market is terrible. If the reported salary, nmc hold true, we probably have to swallow 4 years. Given what other UFAs are getting, 3 is optimistic.

  • Nuck16

    I didn’t want Edler resigned, but I’m OK with it since it’s a fair cap hit. Good negotiation tactics by Benning. If Quinn takes over the 1st unit then I’ll be happy. I’m sure they told this to Edler.

  • Tedchinook

    That’s exactly the contract structure I suggested a couple of weeks ago – two years of no movement and a third year without that clause. Works for both sides because at 35 it’s unlikely Seattle would take him in the expansion draft.

  • Locust

    One year more term than I thought but $1.1M cheaper than I thought – that’s a wash. As long as he doesn’t need protection from the draft – this is a win.
    Sorry CA, know how much you hate it when something works out for the ‘Nucks.

    • Freud

      On a night when Pettersson emotionally mentions Jason Botchford, who was critical of the team and demanded better of management on behalf of the fans, Locust is here, still whining that CA was once mean to his heroes.

      Pathetic.

    • LTFan

      Fortitude00 – Good for you – went to Hockeydb and went through Edler’s plus minus and added it up. Great research. His worst year a -39 was in 2013-14 when Torts was Coach. That was a disaster for most players on the team. I would look at what Edler has done on the # of minutes he played compared to the other D. men. That is where his value is. Overall pretty good for a 3 rd round pick, 91st OA in 2004.

  • Kanuckhotep

    If the article is indeed true and Edler gets no NMC in the Seattle expansion year I’d say Benning did a good job on this one. GMJB has made some questionable moves during his tenure but at least the guy is learning.

  • Puck Viking

    Horrible signing. Should have been 2 years now your going to have another boat anchor to deal with. Benning doesnt have a clue, this will be a Eriksson all over again.

  • canuckfan

    I would not trade Tanev Canucks will not get value, yes he does get injured more than others but if they had another right D his ice time can drop. The left side is fine now to get a good big right defender than can fit into the top 4.

  • Hockey Bunker

    The two year deal just announced is
    even better. JB stuck to his guns and now doesn’t have to overpay Gardiner and can concentrate on trades with cap strapped teams