August 3: PuckPedia reports that Mangiapane is paid his $5.8MM cap hit evenly across each of the three seasons, but he’ll receive a $4.8MM salary and $1MM signing bonus in year one of the contract. The rest of the deal is paid in full in base salary.
CapFriendly reports that Mangiapane’s deal carries an eight-team no-trade list for the final two seasons it runs.
August 2: The Calgary Flames were up to some late-evening business, announcing that they have re-signed forward Andrew Mangiapane to a three-year deal, avoiding arbitration. The Daily Faceoff’s Frank Seravalli reported the contract carries a $5.8MM AAV, bringing the total value to $17.4MM. The forward’s arbitration hearing was scheduled for this Friday, August 5th. By avoiding arbitration, Calgary now has access to the second buyout window, which will likely begin on Saturday, says Ryan Pike of Flames Nation. According to CapFriendly, the Flames are now left with just over $1.26MM in available cap space.
By signing Mangiapane, Calgary is effectively buying out two years of unrestricted free agency, the 26-year-old set to hit the open market next summer. After having star forward Johnny Gaudreau leave via free agency and Matthew Tkachuk announce that he would not re-sign in Calgary after next season, forcing a trade, having some certainty with one of their other key forwards and goal scorers is surely a relief for the Flames. Although the signing leaves them with very little cap space, it completes all pending arbitration cases, meaning their offseason work is likely complete.
For the player, this signing gives Mangiapane a large raise over his previous $2.425MM cap hit that he had over the past two seasons at a reasonably fair rate in the market. As CapFriendly cites, Mangiapane’s comparable players include Jakub Vrana ($5.25MM AAV over three years), Anthony Mantha ($5.7MM over four years), and Pavel Buchnevich ($5.8MM over four years). Prior to the 2021-22 season, Mangiapane had made a career as a solid secondary scoring option, tallying as many as 18 goals in a season, coming in 56 games in the COVID-shortened 2020-21 season. This year, however, Mangiapane broke out in a big way, scoring 35 goals to go with 20 assists.
In addition to scoring, Mangiapane brings durability and stability to the Flames lineup, having not missed a game in either of the previous two seasons, as well as 68 of their 70 games in 2019-20. Finally, with the departures of Gaudreau and Tkachuk, Mangiapane does figure to see additional opportunities offensively and on the powerplay along with newly-acquired superstar Jonathan Huberdeau, which could stand to increase his value and production going forward.
Now he can afford to eat all the bread he wants
Calgary’s had a lot better offseason than anyone could have imagined after Gaudreau and Tkachuk flipped them the bird. And they *still* could add useful pieces: buying out Monahan would be downright painless (adding $4 MM savings this year and only taking a $2 MM hit next year), and while Coleman’s still a useful player, he sure isn’t worth $5 MM, that contract has five years left to run, and a buyout gives $3.4 MM AAV savings for the duration.
Monahan is on LTIR and therefore cannot be bought out.
Like this kid but that seems like a lot….
I thought the same thing. Sounds about 1M too much to me, but its not my money.
Depends on how it spins out. If Mangiapane is really a 30+ goal scorer, well … there are 26 left wingers making more than he will. (Heck, he’s still only the third-highest paid left wing on his TEAM.) If he’s not, then it’s a failed gamble.
this dude’s not netting 35 again… but ALL teams are having to overpay to keep decent bodies in their jerseys so can’t fault them too much… just like Coleman, he’ll be an (expensive) anchor in a year-two…