Offer sheet speculation on Franson

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Cody Franson
Cody Franson

Darren Dreger is reporting murmurs of offer sheet speculation on Cody Franson (for more details about the current holdout, see this earlier article).

Here is the relevant list of offer sheet compensation:

OfferCompensation   
$1,110,249No Compensation
$1,110,249 to $1,682,1943rd round pick
1,682,194 to $3,364,3912nd round pick
$3,364,391 to $5,046,5851st round pick, 3rd round pick

It goes without saying the Leafs should definitely match anything below the $3,364,391 threshold. If a team submits something just below that threshold the Leafs would have to bury a contract or something, because losing Franson for a 2nd round pick is terrible value.

Anthony Petrielli has put together a list of teams with $3.3 million or more in cap space.

Carolina might be one to look out for. They recently lost Joni Pitkanen for the season to a heel injury and are looking rail thin on defence. Carolina might be clever to throw something just below the $3,364,391 mark at Franson and apply the heat on the Leafs. Hopefully that doesn’t happen.

  • lieffan

    Should only accept if Calgary submits one over the 3.3 mill.
    But maybe I am overvaluing Franson, I am a big fan.

  • .JVR.

    @lieffan 
    Yup, definitely depends on which team submits the offer sheet.
    If it’s a team you think is gonna make the playoffs, don’t accept it, as the pick would be too low.
    Also, teams can wanna sign a player to an offer sheet all they want, but the fact remains the player still has to sign it.

  • BPsotka

    .JVR. Franson hasn’t exactly been treated well by Leafs management so far though, has he?

  • Pent_House

    BPsotka .JVR. From all accounts, him and his family have always been huge leaf fans.

  • Great Dane

    Looking beyond this season it makes perfect sense to sign Franson for two years.
    Most expect that the cap will increase with about 5 million per year the next 3 years, so Losielle and Nonis clearly has a cap management strategy in place and they are not bowing to pressure.
    First they need to move Liles. With the talent for PMD Leafs have they don’t need him.
    Next year Kessel (8.5), Phaneuf (6.8), Bolland(4), Kulemin(3.5) , Gardiner (4) and Reimer (2.9) need to be resigned. Total 30 million

    With a cap of 64.4 million Leafs has 30.4 million available. Add Liles cap hit if 3.8 and an increase of 5 million in the cap, Leafs should have plenty a room to sign all their FAs including Ranger, Colborne etc.

    The following year only Franson and Kadri would need to be resigned so the increase in the cap of additional 5 million will be used for those new contracts.
    So Nonis and Loiselle need to get over the first hurdle and get Franson resigned while moving Liles. After that it looks pretty good IMO.
    However, some of the players on the current roster will have to be moved in the next 1-3 years to make space for Rielly, Percy, Finn, Granberg, Gauthier, Leivo and Nilsson.
    For the first time in many years I would be expecting a juicy return on those players that we would have move to out.

  • lieffan

    Great Dane It is Franson who doesn’t want to sign for 2 years. The Leafs would love to.

  • Great Dane

    @lieffan Sure, I was just trying to explain my view on Nonis and Loiselles thinking.

  • Wardus

    Franson is worth way more than just a first round draft pick IMO. This guy was a beast in the playoffs and 6’5″ two way defenders with snarl are worth their weight in gold. If he was on any other team we would all be talking about how the leafs should be trying to pick him up. Get it done already. The Leafs with Franson in the fold have a much better chance of going deeper into the playoffs than they do without him. Period. Get it done.

  • ionsys

    how much cap space do we gain if we waiver Liles and someone picks him up?
    how much space do we gain if no one picks him up?
    what date do we have to be back under the cap at close?

  • 4evrblue

    ionsys 3.875M
    0.9M
    Start of the season

  • happy_gilmour

    BPsotka .JVR. He’s someone that we would probably miss a lot more if he’s gone than appreciate while he’s here

  • Knights2Leafs

    I am really pissed by the reported Leafs negotiating tactics.
    Franson over the last 3 years on an 82 game basis scores 29, 30 and 53
    points.
    Franson 2 years ago starts his first year with the Leafs and is promptly
    screwed over by Ron Wilson to start the year.He eventually plays in 57 games to show his worth.
    He takes a show me discounted contract of $1.2M at the beginning of last
    year and then goes on to score at a 53 point per season basis, has an excellent
    plus/minus, works his way into the top 4 and excels in the playoffs. Bear in
    mind that this year, Mark Fraser, a
    valuable guy but much more replaceable than Franson got $1.275M
    If we had no cap issues Franson could easily have been signed to a 4 year
    $3.75M to 4M contract and would have been easily tradeable as young dmen come up, like Rielly, show their worth.
    Nonis flat out lies by saying that there is plenty of room under the cap
    to sign Kadri and Franson, but the reality is there is not enough room and
    Nonis cannot lock up Franson to a longer term deal when the iron was hot.
    Now Nonis says fuck you, no 1 year deal for you because I’ve fucked up
    the cap so badly that I can’t afford to give you the big increase you deserve
    next year when all the other UFAs and RFAs need raises.
    Nonis is a slimy, snot nosed prick that’s fucked over one of the Leafs
    better defensemen.The object of the
    game should be to surround Phil and Dion with quality teammates to be a true
    contender.Not in Leafland today.
    This is what Nonis is saying to our players:
    Run Cody run.
    Run Phil run.
    Run Dion run.

  • Zep2

    Morning folks. This getting into to Clustterf*ck territory. Nonis will look like a complete idiot if he loses Franson
    Ive had little to say about managements tactics, but as someone posted earlier, why sigN Gunner and Fraser before Franson. If they lose Franson because of Cap issuesthey will look like complete Feasteresque

  • Knights2Leafs

    Great Dane 
    The thinking being we don’t care how much we’ve screwed him over in the past we’ll just keep doing what’s best for us?

  • B_Leaf

    Zep2 
    The issue that sours me is how they have used their buy outs. Or in Liles case they didn’t.

  • Loric76

    lol, morning folks

    http://t.co/PTE9RFL2Qb

  • Zep2

    Knights2Leafs Yeah, I agree. Burke set the team up well for the Cap roll back. Don’t have issue with the players Nonis has brought in, but leaving arguably you’re 2nd best D  dangling while you lock up Fraser and Gunner shows a lack of priorities.  The idea of Franson being a Leaf long term seems less and less likely

  • B_Leaf

    I could see the Leafs packaging Liles with Colborne to a team like Calgary to get cap relief. Even then the Leafs may have to sweeten the pot by retaining some small salary or adding a late pick.

  • Loric76

    Folks lets drop the “Nonis is an idiot for signing Gunner and Fraser before Franson” bit.  Those two went to arbitration, Nonis didn’t have a choice.  Franson’s the idiot that should have gone to arbitration but didn’t to avoid a 1 year contract, and now that’s all he wants.

  • ShotgunCharlie

    Well Frazer they had no choice as he was an arbitration award

  • Loric76

    ShotgunCharlie Gunner too, except they avoided arbitration by working out just beforehand

  • Knights2Leafs

    ShotgunCharlie 
    Fraser was only an arbitration award because the Leafs gave him a qualifying offer earlier in the summer.

  • ShotgunCharlie

    Just trade the guy already.

  • Loric76

    TheCanucksnaphook Loric76 me too.  Don’t know how but I do too

  • MaxwellHowe

    For Christ’s sake, give him his one year contract for 3 million and move on.  Insisting on two years is just Nonis/Loiselle being too clever by half.  Sure there are a bunch of contracts to settle next summer, but after 82 games the Leafs should be able to assess who will stay and who will go. 
    Management should come down from the Kadri high.  And give in.

  • ShotgunCharlie

    Maybe they did t trade Liles or anyone else by design. No cap room means take it or leave it moneywise

  • Knights2Leafs

    Not to mention that Franson could have taken the Leafs to arbitration but chose not to.  This is the Leafs way of saying: “Thanks Cody”
    Yeah, I know if he took arbitration he couldn’t accept an offer sheet.

  • Loric76

    TheCanucksnaphook Yup, good thing you’ll be distracting everyone with all the MCC updates :)

  • Knights2Leafs

    Loric76 
    You’re right; in hindsight he’s an idiot.  Imagine Cody thinking the Leafs would bargain with him in good faith.
    Did you hear that Phil?

  • ShotgunCharlie

    And if they didnt he could walk. So you think they should have just let him walk? Guy played awesome last year.

  • ShotgunCharlie

    I bet he thinks twice next time. Its a business. His fault for not filing. Cant blame Nonis for his agents mistake.

  • Knights2Leafs

    ShotgunCharlie 
    He could indeed have walked but the Leafs would have been on a more even bargaining ground.  He either takes $1M on a show me contract or he sees if there’s room for another team to pay him $1.275.  Lots of unsigned UFAs out there still.

  • Knights2Leafs

    ShotgunCharlie 
    Well, first of all there won’t be a second time and the problem is all the other players see the way he’s treated.

  • ShotgunCharlie

    Ya that looks good to your other players. Frazer picks his game up and plays like a beast and you dont qualify him? Nonis is not to blame on this one. its Fransons agents fault for noth going to arbitration

  • B_Leaf

    Liles is not a terrible player, but we have Gardiner who has emerged in his role, and we have Rielly knocking on the door. With a 64.3 cap lid, Liles contract of 3.85M is huge. Right now if the Leafs didn’t have this contract they would really be in a position to bolster this line up. As it stands I think Nonis is waiting till next year to buy out Liles so that the buyout bad year moves out one more year…this gives another year for the cap to get higher. The problem is if we lose Pronger, I mean Franson, in the process it is a fail.

  • MaxwellHowe

    ShotgunCharlie Thats a dangerous game to play though.  If they sign Franson to a low ball deal and then trade Liles, he is going to be plenty pissed

  • ShotgunCharlie

    Thats BS. Nonis is doing his job. You will thank him later when we get our other core players locked up next year

  • ShotgunCharlie

    Just like how noone wants to sign in NY cause of how they treat players they sign to big money right?

  • mcloki

    Slight overreaction K2L

  • ShotgunCharlie

    I think Burke calls Nonis up before an offersheet….ala Kessel.

  • mORRganRielly

    Loric76 Well, I suppose.  If it’s a girl, I’d unzip for her too.

  • LeafsGuru

    leafs should try to move JML to Carolina for a draft pick 7th rounder
    then trade Franson and 2 first picks to St. Louis for Pietrangelo
    get her done Nonis

  • mORRganRielly

    Loric76 I’m kind of questioning the whole process.  Business tactics on the Leafs’ end aside here, did Franson’s agent ever fuck that dog or what?  Christ.

  • Dan39

    Why would Carolina throw in an offer below $3.3 that the Leafs are for sure going to match? ‘Applying heat’ just translates to pissing them off without any lasting impact – that doesn’t make sense. 
    And Franson is not worth a top 5 pick, never mind the 3rd round pick that would go with it…
    Busted.

  • heatdreamer

    BPsotka .JVR. Reality is Franson shit his drawers two years ago, with his attitude and his play. So realizing the reality of it all, he took a one year( half a year) and had a solid to good season. 
    Not Great, but good, so a raise of 100% (2.5 million) and to receive that raise Leafs want two years from him.
    Franson’s agent understands that the Defenseman is a RFA, SO maybe the Fantasy Hockey Fans should realize the same.
    IMO Liles will be traded, and if another team signs Franson at 3.3 million for multiple years the Leafs match and dump Liles.
     this way Leafs no longer have to negotiate with Franson for 4 or 5 years since the other team has created a value for Franson.

  • mcloki

    Morning gents. The way you guys talk it sounds like you think someone is just gonna hand you 3 million dollars. Franson is finding out you got to fight for it.

  • Dan39

    Knights2Leafs Loric76 Phil’s already leaving according to Hockey Central lol, didn’t you hear his comments yesterday? “Players look forward to free agency.”
    Phaneuf also is gone unless he takes a pay cut.

  • Mind Bomb

    Good morning Folks

  • Dan39

    Franson is not getting a 3-plus deal just like Kadri didn’t get a 3-plus deal. We’ll see the big man cave in the next few days but what I’m really looking forward to are all the bloggers who bitched and moaned about Nonis being a fool for the last two months eating their words. You know who I’m talking about here…

  • wendelsway1

    Morning Guys…..looking forward to hearing some reports from the MCC today.  I fail to see how this is all Nonis’ fault….Franson and his agent have to take partial blame here and quite frankly….he ain’t no Pronger.  Some people have short memories as Franson wasn’t very good at the beginning of last season…..granted he improved as the season went on but he wasn’t a top 4 Dman all season long.  I still want to see him play a full season, consistently in the top 4…..still has something to prove in my eyes.  I like him and think he made strides as the season progressed but he isn’t as good or proven as some are making him out to be…..just my opinion and thank Christ we’ll have something else to talk about today……anxiously awaiting Phook’s MCC updates.  :)