Showing posts with label salary cap. Show all posts
Showing posts with label salary cap. Show all posts
Monday, June 24, 2013
Are Letang's Days in Pittsburgh Over?
Heading into the final year of his contract, Kris Letang might be pricing himself out of Pittsburgh.
The Penguins are working on extending Letang, but are hesitant to offer much more than $6 million a season. Pierre LeBrun doesn't think Letang will sign for any less than $7 million a season.
The Penguins have the cap space to offer Letang a contract worth $7 million a season, but thanks to massive contract extensions for Sidney Crosby and Evgeni Malkin, more than $34 million is already committed to six players in 2014-15, and adding Letang's big ticket would put them in a cap squeeze.
The Penguins are also concerned about whether Letang is worth elite defenceman money. According to Rob Rossi, "Letang is not the consensus best defenseman on the Penguins, at least in the eyes of management and coaches."
And with the bevy of young defence prospects in the Penguins' system, Rossi believes Letang has become a "must-move player" for GM Ray Shero. The Penguins could decide to keep Letang next season and go for a cup, return be damned, but a trade seems likelier, with CBC's Elliotte Friedman reporting teams are preparing offers in case the two sides fail to reach an agreement.
If the Penguins do decide to trade Letang, there will be plenty of suitors, despite the high cost to acquire the Norris Trophy finalist. More concerning, however, is Letang's desire to be paid like an elite defencemen. Sure, he's scored 190 points over the last five years, tied for 11th among defencemen, but are there enough holes in his defensive game to cause teams to look elsewhere for defensive help?
Is Letang worth $7 million or more over 5-8 years, or is this a case of buyer beware?
The Penguins are working on extending Letang, but are hesitant to offer much more than $6 million a season. Pierre LeBrun doesn't think Letang will sign for any less than $7 million a season.
The Penguins have the cap space to offer Letang a contract worth $7 million a season, but thanks to massive contract extensions for Sidney Crosby and Evgeni Malkin, more than $34 million is already committed to six players in 2014-15, and adding Letang's big ticket would put them in a cap squeeze.
The Penguins are also concerned about whether Letang is worth elite defenceman money. According to Rob Rossi, "Letang is not the consensus best defenseman on the Penguins, at least in the eyes of management and coaches."
And with the bevy of young defence prospects in the Penguins' system, Rossi believes Letang has become a "must-move player" for GM Ray Shero. The Penguins could decide to keep Letang next season and go for a cup, return be damned, but a trade seems likelier, with CBC's Elliotte Friedman reporting teams are preparing offers in case the two sides fail to reach an agreement.
If the Penguins do decide to trade Letang, there will be plenty of suitors, despite the high cost to acquire the Norris Trophy finalist. More concerning, however, is Letang's desire to be paid like an elite defencemen. Sure, he's scored 190 points over the last five years, tied for 11th among defencemen, but are there enough holes in his defensive game to cause teams to look elsewhere for defensive help?
Is Letang worth $7 million or more over 5-8 years, or is this a case of buyer beware?
Tuesday, March 2, 2010
Deadline Deals Since 1980
The NHL trade deadline has become a full day media event in Canada. It’s crazy. Sportsnet is producing ads for their deadline show that have the analysts comparing the race to break stories among networks to the competition they faced as players on the ice. Doug MacLean yells about trades, something like, “instead of making bad trades today, I get to praise them!”
TSN is pretty awful on deadline day, too. James Duthie makes smart-ass remarks, while we watch Darren Dreger and Bob MacKenzie text on their blackberrys for 8 hours. Spectacular television. That being said, I do like watching for an hour near the actual trade deadline to get a nice recap of the day’s trades and to see if there is any sort of flurry near 3pm. I don’t need to watch each trade analyzed for an hour until the next trade occurs.
It hasn’t always been this way.
TSN is pretty awful on deadline day, too. James Duthie makes smart-ass remarks, while we watch Darren Dreger and Bob MacKenzie text on their blackberrys for 8 hours. Spectacular television. That being said, I do like watching for an hour near the actual trade deadline to get a nice recap of the day’s trades and to see if there is any sort of flurry near 3pm. I don’t need to watch each trade analyzed for an hour until the next trade occurs.
It hasn’t always been this way.
Thursday, January 7, 2010
I Love You, McCabe
I’m a hater. Big time. It’s already well documented in the brief history of this website. I also hate pickles, incorrect use of there/their/they’re, and tennis. I do not hate Bryan McCabe. Neither should you. Booing McCabe’s returns to Toronto is ignorant.
Here’s a man who did everything he possibly could have as a member of the Toronto Maple Leafs and is now hated unconditionally. Cheering the return of Darcy Tucker, while simultaneously condemning McCabe’s is hypocritical.
Wednesday, December 16, 2009
Rick DiPietro: A Case Study
Rick DiPietro, initially slated for a mid-December return, had a set-back in his rehab from knee injury. The Islanders are seeking additional medical opinions on their young netminder who left an AHL game last Friday with leg stiffness. It was only his second game of a conditioning assignment. He hasn’t played in the NHL since last January. Since signing a 15-year, $67.5 million contract before the start of the 2006-2007 season DiPietro has played a total of 130 games. However, he has only played five since last season. This is only one of the major reasons teams should be wary of signing their players to such long-term deals.
The DiPietro deal was perplexing on multiple levels. First, he really only had one good year prior to the contract extension. In the year before the lockout he won 23 games with a 2.36 GAA and .911 save percentage. He even recorded 5 shutouts. After sitting out the lockout, DiPietro returned with mediocre numbers in 2005-2006 and was then rewarded with his major deal. I can’t fault the Isles for re-signing their franchise goalie, but the term is ridiculous. How can you give a 15-year deal to a young player you don’t really know much about. It wasn’t like he was consistently producing since draft day. The second reason this deal was perplexing is because the Islanders already locked up a 28 year-old Alexei Yashin for 10 years and $87.5 million in 2001. Didn’t they learn after Yashin’s production declined precipitously to the point where the Isles bought him out in March 2007? In fact, the Isles will be paying for Yashin until the 2015.
The Islanders case study should be a warning to the rest of the league. Long-term deals are very risky. I guess the real effects of these long-term contracts won’t be realized until the next decade when many of today’s stars begin to age. Over the past years we’ve seen long-term deals given to Marian Hossa (12 years, $62.8 million), Duncan Keith (13 years, $72 million), Henrik Zetterberg (12 year, $73 million), Johan Franzen (11 years, $43.5 million), Mike Richards (12 years, $69 million), Vincent Lecavalier (11 years, $85 million), Roberto Luongo (12 years, $64 million), and Alexander Ovechkin (13 years, $124 million). This does not even include players like Chris Pronger who signed long-term deals in their mid-30s that will last until their early 40s.
Each of these deals has varying degrees of risk to them. The Mike Richards deal is probably the safest considering the reasonable cap hit and the contract will conclude before he is 35. Both the Hossa and Lecavalier deals are probably the riskiest considering they were both signed close to 30 years old and are signed until their early 40s. These deals are risky because there is no way that near the end of these deals, when they are mid-to-late 30s, these players can match their production in the 20s.
Friday, December 11, 2009
Boston Boo-Fest '09
Hating in sports makes it better. I hate the Yankees. It’s much more fun to watch games when they’re involved. Even if they aren’t playing against the Blue Jays I can still cheer for injuries and beanballs. Notice how I didn’t say either the Senators or the Canadiens. That’s because my hate for them is so vociferous that I can hardly stand to watch them play, ever.
So, I can appreciate the hate that Bruins fans are graciously bestowing upon Phil Kessel. I get it. I certainly don’t like it, but I can understand their hatred. If I were a Bruins fan I would treat Kessel the same way. As a fan, when I feel slighted by a player, even in the most trivial way, I carry that for the rest of their career. Alfredsson hits Tucker from behind and has the audacity to score the overtime winner immediately after? Hate. He mocks Sundin by pretending to throw his stick in the crowd? I can’t even describe my Alfredsson hate. Sean Avery makes cancer jokes to Blake? Hate. Yes, I take attacks against Leafs players personally. Even if these attacks are just merely scoring a lot of goals against the Leafs. Tavares is slowly developing some hatred in me. He’ll get there.
So, if I was a Bruins fan I would boo Kessel every time he touches the puck. I’d enjoy it, too. This will probably help rekindle the dormant rivalry between the Leafs and Bruins. I’m starting to hate the Bruins even more. Their Kessel hate is making me mad. Not to mention their pile of mounting victories against the Leafs. Hate.
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