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Tuesday, November 20, 2007

Anaheim Ducks News - Tuesday Night News Part 1

Today was another big news day with the resigning of Getzlaf for 5 more years and other personnel issues.  This post will cover Getzlaf's signing.

Official Ducks Announcement

The Ducks announced today that they have signed center Ryan Getzlaf to a five-year contract extension. The contract begins next season and runs through 2012-13. Per club policy, no financial terms of the deal were disclosed.

“We are extremely pleased to be able to sign Ryan to a long-term deal,” said Executive Vice President/General Manager Brian Burke. “He’s demonstrated great character and work ethic to complement his talent, a rare combination at such a young age.”

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TSN Coverage with contract details

It is for a five-year term beyond this season and is worth in $26.625 million.

Getzlaf was excited to get the deal out of the way early so that he could concentrate solely on hockey.

The contract breaks down as follows:
2008/09 - $2 million signing bonus plus $2.5 million in salary ($4.5 million total)
2009/10 - $5.125 million
2010/11 - $5.125 million
2011/12 - $5.750 million
2012/13 - $6.125 million

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LA Times Coverage

Averting a situation like the one they faced with Dustin Penner in the summer, the Ducks today signed Ryan Getzlaf to a five-year contract extension worth more than $26.6 million with the expectation that he will develop into the franchise's next great star.
The contract will kick in after this season and will pay Getzlaf an average of $5.325 million over the length of the deal. Getzlaf currently is tied for second on the Ducks with seven goals and leads the team with 21 points.

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OC Register Coverage

The Ducks secured an important part of their future Tuesday after having learned a lesson from the past.

The club signed center Ryan Getzlaf to a five-year contract extension worth about $26.6 million. The move ensures that Getzlaf, 22, will be a Duck through the 2012-13 season.

"I'm thrilled," Getzlaf said. "This team showed me that they wanted me here as much as I wanted to be here. ... It was a situation where we both wanted to get a deal done early and get it out of the way."

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MVN Coverage

When asked how happy he was, Getzlaf responed, “I’m thrilled! It was a situation I didn’t want to face this summer. This is the place that I want to play. I love being here. They gave me the opportunity to negotiate a contract early and it shows they wanted me here as much as I wanted to be here. It was a situation where we both wanted to get it done. We had the opportunity to do it this way and get it out of the way.”

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AOL Fanhouse - Has a look at the signing

Brian Burke is a man of action, and avoided any potential Dustin Penner-like debacles by locking down Ryan Getzlaf, who was set to become a restricted free agent, to a hefty five-year contract extension worth $26.625 million US.

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The Globe and Mail blog have a look at the signing

Getzlaf gets a significant raise – to an average of $5.3 million per season. The Ducks locked him up in order to prevent the sort of offer sheet that the Edmonton Oilers made for Dustin Penner last summer (Anaheim declined to match and took the three draft choices in compensation). By getting Getzlaf under contract, the Ducks also eliminated the opportunity for another team to poach their de facto No. 1 centre away – and they get him signed on their own terms, rather than someone else’s. It is an increasingly popular strategy by teams – their cross-town rivals did something similar with Dustin Brown last month, signing him for six years and $19 million – and it means that the Ducks will need to do some payroll managing next summer when Getzlaf’s new deal clicks in. Still, that’s better than the alternative – having somebody swoop in and try to steal him away with a $50 million Tomas-Vanek like contract offer.

The Ducks have always known the difference between the players that can make a difference in winning – and the ones that produce showy point totals, without actually contributing the way a core player needs to in order to justify his salary cost. The fact that Getzlaf is under contract for five more years after this one is just another step in the right direction for an organization that seems to know what it’s doing.

Read the rest here - Link