On Wednesday, the new NHL collective bargaining agreement took effect. In the new agreement, the maximum length of contracts when re-signing with a team moves from eight years to just seven years. Quinn Hughes of the Minnesota Wild is eligible for a contract extension, and if he were looking for an eight-year deal, it had to be done by the end of the day Tuesday. Hughes has been clear that he was going to take his time on an extension.

Now, Wild GM Bill Guerin is also giving an update on the contract talks, per Michael Russo and Joe Smith of The Athletic.

“I’ve been very comfortable with where we’re at with Quinn for a long time because of the conversations we’ve had, because of the conversations (agent Pat Brisson) and I have had,” Guerin said Tuesday. “Like I told you guys last year, these things take time. Different things are important to different players. Each and every player is a different process, no matter who it is. So we’re just going through the process right now. But I’m real comfortable with where we are. There’s open lines of communication between me and Quinn, me and Pat. Everything is fine.”

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The Wild have been offering a deal for eight years with an AAV over $20.4 million, which is the amount Cale Makar just got in his latest deal. Multiple players signed eight-year deals ahead of the change in the CBA, including Drake Batherson with the Ottawa Senators and Ryan Leonard with the Washington Capitals. Guerin understands that getting this deal done takes time, and Hughes has a lot to think about before signing.

“I’ve had a lot of different experiences — couple holdouts, arbitration, all those things,” Guerin said. “It’s kind of funny, I was never offered an extension while I had time left on my contract. That would have been nice. But the game has changed. The game has changed a lot. The business of the game has changed a lot. I understand that. But when you’re a player, you’re thinking about your personal situation when these things come up, and Quinn is no different. You have to respect that, and I try my best to remember what it’s like to be in their shoes and not hold these things against them, and we’re just going through it. It’s all part of the process. It’s part of the business.”

Hughes is in the final year of a six-year deal he signed with the Vancouver Canucks ahead of the 2021-22 season.