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Welcome to today's news and rumors rundown
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We start in Carolina with the long-awaited re-signing of Seth Jarvis. It was announced on Saturday that he had signed an 8-year deal worth $63.2 million
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This contract is unique because it includes a 9th year with a deferred payment
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It's not clear how much the payment is or what year the Hurricanes will be moving the money into the 9th year
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but it has dropped Jarvis's cap hit by $400,000 per season. This contract might set a new precedent in the NHL and has already sparked discussion about whether the Oilers
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could do something similar with dry-side on McDavid in the future. Speaking about deferred payments, Cervalli painted a picture where the Oilers could agree to defer as much as $33.6 million over 40 years
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bringing his cap hit down to $10 million versus the rumored $14-14.2 million
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Now onto Calgary where the Flames are reportedly ready to listen to offers for several key players
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Pignotta contends that Conroy is willing to move Cadry, who has a no-movement clause which is reportedly open to moving East
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They are also entertaining offers for Anderson, Weager, and even Toubideau. That's it for this edition of the News and Rumors Rundown