Luckily for him, the Avalanche and Avalanche fans, the arbitration hearing was not necessary because McGinn and the Avalanche agreed to terms on a new two-year contract today. Greg Sherman, the Avalanche General Manager/Executive Vice President, had this to say about McGinn in a press release from the team:
Jamie made an immediate impact from the time he joined our organization. We look forward to Jamie building upon last season’s performance and are pleased to have agreed to contract terms.
McGinn absolutely made an immediate impact with the Avalanche, tallying 13 points in 17 games with the Avalanche after the trade.
He also had seven goals in his first eight games, becoming the first Avalanche player to have done so since Marek Svatos.
McGinn's contract was for $3.5 million over the next two years, according to Adrain Dater's Twitter.
This was just the latest in what has been a string of fantastic signings by Greg Sherman and the Avalanche front office.
McGinn was a difficult contract to figure out because of how productive he was with the Avalanche in the short time that he was there. The eight goals in 17 games was very impressive, but it was also different from what he showed in San Jose.
He was never the primary scorer during his time with San Jose and was always behind the likes of Marleau, Thornton, Heatley and Pavelski. In fact, the 12 goals he had scored before he was traded was a career high.
The Avalanche gave him a deal that not only rewards him for the production that he had but also gives him the ability to go forward and establish a new value for himself.
In two years, if McGinn can put together two strong seasons from a points perspective, then his next contract will be much more lucrative.
The two years also sets up beneficially for the Avalanche as McGinn will only be 25 at the end of it and will still be a restricted free agent.
Sherman put together a similar contract with Avalanche star, Matt Duchene. Duchene's two-year contract gives him a cap hit of $3.5 million a year and allows him to do the exact same thing after a poor season from 2011-2012.
The Avalanche wanted to reward him for his strong first two seasons but also recognize the potential danger in the bad season he had. So he was given a contract that gives him a raise but also allows him to prove that he deserves a better contract with more dollars and years. This deal also ends with Duchene remaining a restricted free agent.
Greg Sherman has performed his duty as General Manager brilliantly this past offseason, but he isn't finished yet.
With all the great signings that he has made, he still has one more left to finish, Ryan O'Reilly.
Still, with what he has shown during the past couple of months, Avalanche fans should sit confidently and know that O'Reilly will get a contract done with the Avalanche, and that deal will be fair.