REPORT: Patrick Kane Decision Coming Soon, Teams Will Have “7-10 Days” to Prepare Offers
Buckle up, my friends. A decision on the future of Patrick Kane in Chicago is coming.
On TSN’s “Insider Trading” segment on Tuesday evening, NHL insider Pierre LeBrun reported that agent Pat Brisson told him a decision regarding Patrick Kane’s no-move clause is coming “relatively soon.”
And that’s not all: “The other thing that Pat Brisson added is that teams that are interested in Kane, and that make the short list, will have 7-10 days ahead of the deadline to prepare themselves for a possible transaction.”
If we count backwards from the March 3 trade deadline, a ten-day window for teams to negotiate is two weeks from today.
It’s worth noting that LeBrun here is reporting that Kane’s agent said “prepare themselves for a possible transaction.” There’s some wiggle room in interpretation if that means get their ducks in a row to make the deal happen financially (if a third team is necessary) or, possibly, negotiate an extension with Kane. My guess is that’s more the former, but there have been indications that the price paid would increase if a team could work on an extension (Michael: I always like to clarify in these scenarios that the price would increase NOT because the acquiring team would be getting more years of control. They’re paying for those additional years. But because the Blackhawks would be allowing them to negotiate prior to a deal being completed. The distinction matters because while the value increase is real, it’s not usually as significant as most people anticipate).
Earlier this week, The Fourth Period‘s David Pagnotta reported some of the teams on the list of interested teams given to Kane includes the Stars, Rangers, Islanders, Avalanche and Oilers.