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Blues Likely to Sign Binnington for 5-7 Yrs, $6M-$6.5M AAV

The St. Louis Blues are prepared to pay Jordan Binnington like a No. 1 goalie and speculation is he wants north of $6.25 million per season.

Jordan Binnington St. Louis Blues
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According to St. Louis Blues insider Jeremy Rutherford, goaltender Jordan Binnington is likely to stick with the Blues and is expected to sign a contract between $6M-$6.5M AAV with a term of 5-7 years. While on the radio this morning on 101 ESPN and in a recent article for The Athletic, Rutherford quoted GM Doug Armstrong who said the Blues have every intention to keep the netminder around.

Related: Bruins Looking at Jake Virtanen and Mattias Ekholm Trades?

Armstrong called Binnington the team’s No. 1 guy and Rutherford wondered if the Blues were prepared to pay him like he’s one. Coming off of a two-year, $8.8 million “bridge” contract, Binnington is looking to cash in on some strong seasons for the franchise and getting consideration for the 2022 Canadian Olympic team, of which Armstrong will be the general manager.

As for Armstrong hinting as to what he’ll pay the backstop, he said, “Yeah, we try and keep (contract negotiations) behind closed doors.” He did say, however, “But you know, we drafted him, and he took the long road to get here, but since he’s been here, we’ve had success, and obviously we’re hoping to find a way to keep him here.”

The Top Binnington Comparables

Rutherford points out that among goalies who signed last season, Jacob Markstrom, — who agreed to a six-year, $36 million deal ($6 million annual average value) and Robin Lehner, — who agreed to a five-year, $25 million deal ($5 million AAV) — are the closest comparables.

Rutherford believes Binnington will want more than either guy. In fact, Rutherford believes he’ll want money north of what Matt Murray got in Ottawa, a four-year, $25 million deal ($6.25 per seasaon).

What is Binnington worth? Long-term deals on goalies can be scary, but you also have to pony up the money to keep the best guys on the roster.

Next: Scribe Suggests Oilers’ Turris is Playing Himself Out of the NHL

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