Pages

Wednesday, July 8, 2015

Blues, Tarasenko agree to eight-year, $60 million deal

By Andrew Allsman| Posted: July 8, 2015| Contact  |








When the Blues drafted Vladimir Tarasenko with the 16th pick in the 2010 draft, the selection met the criteria of a high-risk, high-reward decision. The draft selection paid off and the Blues now possess a franchise player. The club is now hoping their newest high-risk, high-reward investment produces similar fortunes.

The Blues announced an eight-year, $60 million contract with the Russian winger Tuesday afternoon, one that will make Tarasenko the highest-paid player on the club’s roster with a $7.5 million annual value.

“I was quite comfortable that it was going to be a lot of money, regardless,” said Blues general manager Doug Armstrong. “But getting term was something that our ownership group believed in.”

Armstrong relayed that message to Tarasenko early on in negotiations, never discussing anything other than what he deemed fair for the rising star.

“We believe you are a star player; we believe you are going to be a star player; we are going to treat you like that,” Armstrong said he told Tarasenko. “This wasn’t a high-low, volleying back and forth. There was no question with our first offer that we knew he was a franchise player.”

With his new deal, Tarasenko will be locked up until he is 31. The term of the contract bought out multiple years of unrestricted free agency for Tarasenko, as well as assured the forward would remain in St. Louis through his prime.

“My belief is, if you are willing to go five years for that amount of money, why not go eight,” Armstrong said. “Getting ‘Vladdy’ done now where he can come in, buy a place and just focus on hockey for the next eight years was a step in the right direction.”

Tarasenko, who has had a busy week after getting married a few days ago and then agreeing to the mega contract, said the term was as important to him as it was to the Blues.

“First of all, I want to thank the Blues organization for giving me the contract and the trust,” Tarasenko said via conference call Wednesday morning. “It’s an opportunity for us to be better and win multiple Stanley Cups. When you have a family, it is important to know your family is going to stay in the same place. If your family loves this place, and if I love this place, there are no other options.”

The already one-time All-Star is coming off a 73-point season in which he netted 37 goals, 29 of them being scored at even strength. Tarasenko also tallied six playoff goals, bringing his career postseason point total to 11 in 12 games.

“We saw just the tip of the iceberg last year of what ‘Vladdy’ can do in this league,” said Armstrong. “At such a young age to show those skills, it really made this a priority for us to see if we could talk and work with him to get him to sign a long-term extension.”

Through three seasons, Tarasenko is already a 100-point player. The forward has 135 points (66 goals, 67 assists) in 179 games. In conversations around the league, Tarasenko has been touted as the next, newest player to post 50 goals in a season. He was the Blues’ main priority heading into the offseason and there was no doubt that a deal would get done eventually. The logistics made the process more drawn out.

“It started out with the dollar figure and then we had to get some term for that amount of money,” said Armstrong. “It’s a 12-hour time change so when (Tarasenko’s agent) Mike (Liut) and I would talk about this as 7 or 8 in the morning, ‘Vladdy’ would be going out for dinner or going home. So, we could never really find the right rhythm to get this done and that’s why it took a bit of time.”

“You’re always discussing the various possibilities,” Liut added. “The longer you go, the shift in risk is to the club because they are locked into the payments. It balances itself through that process. It isn’t overly complicated when you get to the end. It’s the analysis leading up to it.”

Armstrong said Tom Stillman and the rest of the Blues’ ownership group wanted to commit to Tarasenko after Armstrong labeled him as a franchise player.

“We told them we thought we had a really special player,” said Armstrong. “They asked the good questions, the hard questions, and were really committed to this player. Now, we have to do this together.”

There were multiple reports that Tarasenko was being wooed by a KHL team throughout the process, possibly being offered a deal worth $11 million annually. However, Tarasenko wasn’t interested in entertaining an offer that didn’t come from St. Louis.

“Our main goal was to sign a deal with the Blues,” said Tarasenko. “We love this team, this city, this organization. Right now, it doesn’t matter. We are staying with the Blues. It doesn’t really matter right now.”

With Tarasenko’s deal completed, the Blues remain around $2.5 million under the salary cap ceiling, leaving them plenty of room to maneuver for the remainder of the offseason, as well as in-season. 

Blues fans will be celebrating the signing for a while, but the champagne drinking is over for Tarasenko.

“It’s time to work right now,” he said. “There’s no time to celebrate anymore.”