So now it’s Auston Matthews’ moment here. His actions and ultimate decision in the next few weeks ahead will be part of what defines his legacy, both in Toronto and for the first half of his career. It will reveal his priorities, which have always been a little hard to read with him.
Every player will have their own priority list of factors to consider when it comes to signing a new contract, particularly with a UFA superstar in their prime. But it’s safe to say that three of the biggest factors are often: maxing out money, potential to win with a team, and the city itself.
So, for Matthews, what are his priorities?
Unfortunately, in a hard salary cap system, it’s not always possible to prioritize Nos. 1 and 2 on that list. The salary cap for the 2022-23 season is going to be something like $83.5 million (maybe higher with some NHLPA/NHL negotiating, but let’s use that as a baseline here). A single player can be paid no more than 20 per cent of that total, which means Matthews can be paid no more than $16.7 million season on his new deal.
I’m not suggesting Matthews should get that amount; that’s just his pay ceiling. But make no mistake, if he were hitting free agency this summer, there would be teams willing to offer him close to that number (overpaying Matthews and getting an elite 1C at the cost of not losing an asset is a lot easier to accept and more certain than trying to bottom out in the right year and hoping to win the draft lottery).