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The Sin Bin


July 20, 2010 8:46 PM

Canes Sign Riley Nash to Entry-Level Contract

The Coming Down the Pipe blog correctly predicted that former Cornell Big Red Star Riley Nash wouldn't be an Edmonton Oiler when Guy Flaming said, "Edmonton supporters might be best to prepare themselves for the possibility that Nash might never be seen wearing the orange and blue." That prediction was finally realized today when Nash decided to forgo his finally year of college eligibility to sign with the Hurricanes. Nash was traded to Carolina Hurricanes on June 26th, 2010. It also appears that Nash was ready to sign a professional contract if it wasn't the Edmonton Oilers.
RALEIGH, NC - Jason Karmanos, Vice President and Assistant General Manager of the National Hockey League's Carolina Hurricanes, today announced that the team has signed center Riley Nash to a three-year, entry-level contract. At the NHL level, the deal will pay Nash $550,000 in 2010-11, $600,000 in 2011-12, and $700,000 in 2012-13. He will be paid $65,000 on the AHL level in all three seasons, and receives a signing bonus of $262,500.

"Riley has excellent playmaking ability from the center position, and was a consistent point-producer at Cornell," said Karmanos. "He'll have an opportunity during training camp to earn a spot on our NHL roster."

Nash, 21, completed his third season at Cornell University in 2009-10, scoring 12 goals and earning 23 assists (35 points) in 30 games. The Consort, Alb., native led Cornell in assists, and ranked tied for second on the team in scoring. In three seasons with the Big Red, Nash (6'1", 191 lbs.) has scored 37 goals and earned 65 assists (102 points) in 102 collegiate games. Originally selected by Edmonton in the first round, 21st overall, in the 2007 NHL Entry Draft, Carolina acquired Nash on June 26, in exchange for Ottawa's second-round pick, 46th overall, in the 2010 NHL Entry Draft
Check out this blog post from Copper and Blue. Just for the record I don't think Riley Nash is overrated, if anything the Hurricanes got him pretty cheap. I can also see why Oliers fans might be upset with Nash as well.
News today that reluctant would-never-have-been Oiler Riley Nash has signed with the Carolina Hurricanes with an extremely modest entry-level contract the team has actually released details of.

Well. It's good to know that he was totally staying in Cornell because he cares about school and because the Oilers were offering him an unfavourable contract. Because leaving school early to sign a typical second-round entry-level deal right after being traded would make him look like a bit of a tool.

Mind you, I also think Nash is hilariously overrated as a prospect, so I can be sarcastic. I think the Oilers were wrong to draft him and right to be rid of him.

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