Dave Nonis Signs 5 Year Extension


TSN 1050 is reporting that Dave Nonis has signed a 5 year extension as GM of the Toronto Maple Leafs:

I wouldn’t attribute much meaning to a move like this. We saw with Ron Wilson’s Christmastime contract in 2011 how these extensions can be a hollow gesture more geared toward financial security than job security for the individual in question, but it’s worth noting Wilson was a lame duck and only received a one-year extension. It appears MLSE tore up Nonis’ old contract, which was for three more years, and gave him a new 5-year deal that lasts through the 2017-18 season. It’s only non-capped MLSE money at the end of the day; they can still fire him at any point and pay the severance package without batting an eye, the two years aren’t a major deal in that respect. It’s certainly a vote of confidence from Tim Lieweke for a man who only really made his stamp on the team as head GM in the last month or month and a half. Perhaps Liewke’s thinking is that he wants Nonis looking 5 years down the road when making decisions, not 3. Or maybe it’s just a good-job gesture because Lieweke likes Nonis’ off-season moves. Tough to know the exact thinking, but I do know that results will determine how long he’ll stick around, not contract extensions in July.