Top of the morning to you all. I am off to—– you guessed it, my knee surgeon today- yes again to see what the [email protected]#@!#[email protected] is wrong with the knee he operated on. Details at 11.
Anyways, it’s been a fun couple of hours here watching things unfold online and on twitter with lots of conflicting reports…..
So last night Darren Dreger posted on the TSN website and on his Twitter account that Dave Nonis is on the verge of signing a contract extension with the Toronto Maple Leafs that would tie him to the club until the end of the 2011-2012 season.
Several other outlets picked up the story and ran with it in the morning editions.
David Shoalts was the lone exception:
“David Nonis withdrew himself from consideration for the job of general manager of the Tampa Bay Lightning and committed himself to the Toronto Maple Leafs for the next two seasons.
However, Leafs president and GM Brian Burke said in an e-mail message, Nonis is not about to sign a contract extension. But the Leafs’ senior vice-president of hockey operations has removed the escape clause from his contract for this summer and the summer of 2011.”
Semantics aside there is a difference between waiving a clause and an extension. In fact, if Shoalts’ story is true one would have to ask why would Nonis do this? Contracts 101- you don’t usually give something up of value without getting something of value back (usually called “consideration”). So why would Nonis agree to waive his “trump card” without getting something in value back? That something back could be a raise, or an extension or, hell anything beneficial to Nonis. As much as he may like it here, and as much as he may like Burke he is smart enough to know how quickly things can change. I can’t imagine Nonis waives his right to take another job for nothing.
Now it gets interesting.
Greg Brady posted the following on his Twitter account:
“Bad info in G&M on TBL GM search. Nonis WILL sign extension, Yzerman/Vinik not even CLOSE to deal, Feaster NOT candidate. Perfect otherwise.”
Brady has added on his Twitter account more on the “extension”
“Dave Nonis extension is likely to be through the 2013-14 season. He will get a raise on his $750K salary as assistant GM.”
But wait, there’s more….
“The move may mean that Lightning owner Jeff Vinik has worked out an agreement with Steve Yzerman to become the team’s GM.”
Word on the street is that Yzerman may in fact be interested in listening to Tampa Bay, he certainly hasn’t been interviewed as of yet.
Shoalts then writes:
“But there is talk going around the NHL that former Lightning GM Jay Feaster, who left after Oren Koules and Len Barrie bought the team in 2008, is in the running.”
To which Dreger replied on his Twitter account with:
“Some believe Feaster is a candidate in TBay. He should be, but he isn’t. I spoke to Jay yesterday.”
So, who are you going with??? Dreger says extension. Brady says extension. Shoalts says no extension. Keep in mind, Bill Houston tells us that Dreger is related to Nonis 🙂 (that’s a joke and not a shot)