P.K Subban and Lars Eller have joined 18 other restricted free agents who have filed for salary arbitration. The moment they filed outside teams can no longer make an offer for their services.
it is now up to the Canadiens to opt for a one year or two year contract term. Logically they would elect two years during which they can then work out a long term contract extension.
if they fail to do so, Subban and/or Eller could become an unrestricted free agent.
Between now and late July or early August the Canadiens can, and probably will continue negotiations.
If it gets that far, Subban could exceed the highest award in history which went to Shea Weber; a one year contract of 7.5 million dollars in 2011. The previous record was the 7 million award to John LeClair of the Flyers in 2000 and New Jersey’s Scott Niedermayer in 2004.
The hearings are scheduled for Toronto between July 20th and August 4th. The arbitrator must come down with his decision with 48 hours of the hearing.
A low percentage of the players who file for arbitration actually complete the process. More often than not, the two sides come to contract agreement before their hearing date. Since 2009 four members of the Canadiens have sought arbitration. In each instance, the two sides reached agreement before hearing; Tomas Plekanec (2009), Josh Gorges (2011), Raphael Diaz (2012) and Ryan White (2013).
Here are the things that will be considered by the arbitrator
- “Overall performance” including statistics in all previous seasons.
- Injuries, illnesses and the number of games played.
- Length of service both to the the team and the NHL.
- The player’s “overall contribution” to the team’s success or failure.
- The player’s “special qualities of leadership or public appeal.”
- Salary of any player judged to be “comparable”.
Not to be considered
- The salary and performance of a “comparable” player who signed a contract as an unrestricted free agent.
- Testimonials, video and media reports.
- The financial state of the team.
- The salary cap and the state of the team’s payroll.