Helene Elliott Confirms What We Told You: Dean Lombardi Has the Drew Doughty Contract Ball

At 7:54pm today (July 12), Helene Elliott posted the following in her article:

Don Meehan, who teams with Mark Guy in representing Doughty, said Tuesday he hadn’t spoken to the Kings about Doughty since June 23. Meehan said he assumed the Kings were focusing on their trade for Mike Richards and (ultimately futile) pursuit of free agent Brad Richards, but those deals are long done.

It’s believed the Kings are offering up to nine years at more than $6.5 million per year.

“I think he’d be happy to stay if we agree upon terms that are acceptable to him,” Meehan said. “And those are our instructions, to negotiate with L.A. on that basis to secure something that he’d be happy with.”

Kings General Manager Dean Lombardi said the sides haven’t agreed on term or money. “They both kind of work hand in hand,” he said.

Also today but about 5 hours earlier, I told you in the Doughty article:

Dollars matter. So does length. However, our source has told us Dean Lombardi has had Drew Doughty’s contract offer for a while now and while the latter two items may need adjusting, we understand neither are in the realm of a deal killer (read: terribly outrageous). The main sticking point may be the no-movement or no-trade clause Drew has allegedly inserted therein (you can probably guess it is a NMC). Absent this flexibility killer clause, this deal may have been done (as it becomes a more straightforward dollars and length discussion) when we told you but, alas, this is why Lombardi and Drew’s people at Newport Sports Management, Don Meehan and Mark Guy (experienced agents though different personalities) get paid the big bucks.

$6.5 million for 9 years doesn’t do it? Now, why would that be? Because there may be a no movement / no-trade clause that is holding this up? There is a reason I trust my source. He told me what nobody else had said and I told you 5 hours before the very efficient (and Johnny on the Ball) Helene Elliott confirmed it…he also told me this weeks ago but, ironically, I didn’t consider it all that important because we thought the deal would get done and didn’t realize an NMC or no trade may be the sticking point.

Now, we can guess what Drew’s offer is. Likely $6.8 to $7.2 million and likely longer than 9 years. Add a NMC and, let’s say it’s a 12 year offer, that is 8 years Lombardi’s hands would be tied…Drew’s NMC would kick in after the 2014-2015 season.

Do you lock Drew up for 12 years? 11? 10? What is the longest length you give him with an NMC and without? What is the most amount of money? Now that you have confirmed from an official source Dean has had the contract for weeks and the LA Kings’ offer is $6.5 + for 9 years, what do you think Drew and his agents have countered to Lombardi that Lombardi has held since June 23? Or do you now believe that the NMC / no-trade is the only hang up?

I think I know. But, I want to hear it from you.

On a final note, I hinted about “deadlines” in the earlier Doughty article (second to last paragraph), but with the Brad Richardson signing being announced today, the coincidence of it all is too amusing to pass up. The reason I had to wait until today to post the Drew Doughty NMC news was because our source indicated today may have been “deadline” day – in other words, the LA Kings’ offer was allegedly open until today at a specific time of 2pm PST (I held the article just to see if Drew signed, as I was asked to do). When that didn’t happen, what gets announced instead on deadline day? That Brad Richardson is signed. A fun coincidence.



Categories: L.A. Kings News

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16 replies

  1. Personally I don’t like deals that extend so far. The Islanders did it twice, and got burned both times. I love DD, but wouldn’t even want to sign Kopi for 12 years. Anything can happen, and with an NTC, or NMC, or whatever, your stuck.

    I wonder what the chances of settling on a 1 year deal just to get the season started (while negotiations continue) would be feasible.

    • Is that what you would want? a 1 year deal? That comes with nearly as much risk to Drew.

      • Not really. Just want some peace of mind. I know that wouldn’t be realistic. I did believe it would take a while, and just getting antsy I guess.

        • I know we live in an LA Kings’ vacuum, but this Stamkos thing is getting interesting. I wonder if I can get Dennis Bernstein to bet me whether SS will get an offer sheet from Toronto? Because if he is not signed soon, I think he may.

  2. I may be single minded, but like I said before, DD doesn’t sign before Stomkos. When SS signs, DD signs, in comparison fashion.

  3. What possible impact could today’s Richardson signing have on Doughty? He’s a Newport client, I understand. I could be missing the obvious…

    D-Man v. Forward. No arbitration possible v. avoiding arbitration. All-star potential v. Solid but not extraordinary talent. I don’t se a great deal of comparability this I can’t understand how this moves anything forward in the #8 case.

    J

    • There is no impact. It’s the coincidence of it all that had me amused. Richardson signs on Doughty Deadline day and we hear about it 1 hour after the alleged Drew deadline. It’s almost as if the Kings needed something to announce today and when Drew didn’t happen, boom, here comes the consolation prize.

      • Or the deadline was for Richardson in the first place… things like that often get lost in translation. Like from the draft “talking to Nashville” brings to mind their money and rfa woes, when “talking to Nashville” just meant a late round pick swap.

  4. August 2nd is the deadline date for Weber’s arbitration hearing and I believe that the decision is done within 48 hours.

    Will Weber get more than $6.5 million since Yandle signed for $5.25 million? Weber and Yandle are huge comparibles for Drew.

    Recent RFA signings:

    Yandle $5.25
    Byfuglien $5.2
    Keith $5.54
    Seabrook $5.8
    Phaneuf $6.5

    Remeber that the arbitrator can not use UFA contracts as comparibles.

    • You’re on to something there, Sydor25.

      I make the connection between Stamkos and Doughty because they were the first two picks of the same draft, with the same agent and both having the same affect on their respected teams. I know one plays D and the other one plays O but I think their pay will be comparable.

      The comparisons to other D is of course the norm and the numbers you have there are pretty interesting.Either way you look at it, DD is going to be in the 6-7 mill range.

    • Contract Lengths for Comparison

      Yandle 5 years — No NxC
      Byfuglein 5 years — Modified NTC
      Keith 13 years — NMC
      Seabrook 5 years — Limited NTC
      Phaneuf 6 Years — No NxC

      Ballpark guess: 7-9 years, $6-$6.5, Modified NTC

      I bet they agree to a NTC that says (when he is NTC eligible) every year on 7/1 he can submit 5 (maybe it’d be 10) teams he’d be willing to go. Or maybe it’d be 10-15 teams he’d refuse to play for. But just like term and dollars can be negotiated, so can the trade restrictions.

      Jim

      *all figures from CapGeek.com (of course!)

  5. Good God I can’t wait for Hockeyfest.

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