Nov 14, 2012, 12:07 PM EDT
NHL owners and general managers need to be protected from themselves. This much we know, and the league doesn’t deny it.
Even the last CBA – the one with the hard salary cap that was supposed to be bulletproof – had loopholes that GMs exploited to sign free agents.
The most notable loophole allowed teams to offer “back-diving” contracts that gave players lots of money up front and practically none as the term expired. Not only did these deals artificially deflate the cap hit by tacking on years past a player’s probable retirement date, it also gave the player the bulk of his money sooner than later, which is better than the opposite.
It’s hard to imagine those back-diving contracts will exist once a new CBA is signed. The owners will fight too hard for them to be nixed.
However, some observers think owners will stand less firmly on another demand, that being maximum contract lengths of five years.
Under the last CBA, there was no such thing as a maximum contract length. Ilya Kovalchuk and Rick DiPietro signed for 15 years each. Shea Weber got 14. All told, 16 players notched deals for 10 years or more.
Players like long-term deals because they offer security. NHL contracts are guaranteed, so once they’re signed they can’t be canceled, even if the player stops producing or gets hurt.
Which brings us to our point: If the salary cap restricts how much a player can earn and there’s no way to front load deals, what do you think a prized free agent is going to ask for in negotiations if there’s no cap on contract lengths?
The answer is term. If only because there’s nothing else to ask for.
And if meeting that demand is the only way one team can beat out another team to sign the player, he’ll get it. (Let’s face it, GMs know they can be fired tomorrow, so what do they care if the team has a problem down the road? See: moral hazard.)
Long-term contracts aren’t necessarily a terrible thing, but believe it or not there have been athletes that got a little too comfortable once they cashed in on a big deal.
There have also been players whose health issues kept them off the ice. (Or, in the case of DiPietro, severely restricted their time on it.)
Maybe a few long-term contracts gone wrong is simply the price owners will have to pay to get a new CBA. And there are probably owners and GMs that don’t want five-year limits; they want to lock up their stars as long as possible.
Then again, maybe it’s a battle NHL commissioner Gary Bettman thinks is winnable (the NBA won it), so he might as well win it.
May 24, 2015, 12:08 AM EDT
Double overtime? Sure, why not?
May 23, 2015, 10:54 PM EDT
Chicago had the lead. Gave it up. Tied it up again.
May 23, 2015, 9:41 PM EDT
Trying to get under the opposition’s skin.
May 23, 2015, 9:18 PM EDT
Blackhawks and Ducks going at it.
May 23, 2015, 8:49 PM EDT
But emphasized the need to remain “professional.”
May 23, 2015, 8:04 PM EDT
The reaction to the big news continues to pour in.
May 23, 2015, 7:05 PM EDT
Anaheim can put Chicago on the brink of elimination.
May 23, 2015, 6:17 PM EDT
“I have a tremendous amount of respect for Claude.”
May 23, 2015, 5:30 PM EDT
He suffered an undisclosed injury in Game 3.
May 23, 2015, 4:44 PM EDT
Oilers’ prospects Leon Draisaitl and Marc-Olivier Roy were among those who received 10-minute misconducts on Friday night.
May 23, 2015, 3:43 PM EDT
His teammate Vladimir Sobotka is likely staying in Russia.
May 23, 2015, 2:45 PM EDT
The Bolts’ starter has allowed five goals in each of his last two starts.
May 23, 2015, 1:45 PM EDT
They’ll play alongside Patrick Sharp.
May 23, 2015, 12:45 PM EDT
He thought the commissioner was misquoted.
May 23, 2015, 11:45 AM EDT
A formal announcement could come as early as next week.
May 23, 2015, 10:40 AM EDT
He’ll serve as an assistant to GM Don Maloney.
May 23, 2015, 9:43 AM EDT
He would be eligible for this year’s draft, if he doesn’t come to terms by June 1.
May 23, 2015, 12:26 AM EDT
But will it last?
May 22, 2015, 11:42 PM EDT
Kucherov, Paquette, and Glass all receive misconduct penalties.
May 22, 2015, 11:10 PM EDT
The score was one-sided, but this game could have gone the other way if not for the Rangers’ netminder.
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