The Vancouver Canucks find themselves at a contractual crossroads with their star center, Elias Pettersson. Reports suggest that an eight-year, $96 million deal has been on the table since the beginning of the 2023-24 season. While the Canucks have expressed a keen interest in securing Pettersson long-term, the player seems in no hurry to engage in in-season negotiations. Although the team’s eagerness to invest significantly in the talented center is evident, is he staying or going?

Pettersson’s focus remains on his performance and the team’s success. Elliotte Friedman addressed the situation on the 32 Thoughts podcast, acknowledging the existence of a substantial offer, possibly in the range of $11-12 million annually. However, Friedman clarified that he had no concrete proof of the offer, emphasizing that the Canucks are eagerly awaiting Pettersson’s approval. The delay in negotiations appears less tied to financial concerns and more to Pettersson’s commitment to winning.

Despite the Canucks holding Pettersson’s restricted free agent rights until July 1, they are not applying significant pressure. The delay has prompted interest from other NHL teams, leading to inquiries about Pettersson’s availability. The Canucks, however, maintain their intention to sign him, indicating that the delay is not due to any desire on Pettersson’s part to leave the team.

The Pettersson Situation Has Started to Become a Distraction

Canucks insider Rick Dhaliwal expressed the team’s frustration with the lack of negotiations from Pettersson’s side. While there is no definitive indication of Pettersson seeking an exit, the possibility of a trade is now being considered if a long-term deal remains elusive. Dhaliwal emphasizes the need for the Canucks to thoroughly assess the situation and be prepared for potential trade scenarios. The lack of a signed deal has created a distraction for the team, potentially impacting both player and team performance.

As the NHL trade deadline approaches, the Canucks are unlikely to trade Pettersson regardless of his decision. If a long-term deal isn’t reached, any potential trade would likely occur in the offseason. As much as it means that there’s no real issue this season, the ongoing speculation surrounding Pettersson’s contract has already affected the team’s production levels.

The Canucks, currently facing a playoff push, would prefer to resolve the contractual uncertainty and refocus on their on-ice performance. The coming weeks will likely provide more clarity on Pettersson’s future with the Canucks and whether a long-term deal or a potential trade is on the horizon.

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