NHL Rumors for August 31: Jarvis' Unique Contract & Flames Listening on Trades

Welcome to today's news and rumors rundown

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

This contract is unique because it includes a 9th year with a deferred payment

It's not clear how much the payment is or what year the Hurricanes will be moving the money into the 9th year

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

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

bringing his cap hit down to $10 million versus the rumored $14-14.2 million

Now onto Calgary where the Flames are reportedly ready to listen to offers for several key players

Pignotta contends that Conroy is willing to move Cadry, who has a no-movement clause which is reportedly open to moving East

They are also entertaining offers for Anderson, Weager, and even Toubideau. That's it for this edition of the News and Rumors Rundown