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.
Apr 26, 2015, 11:01 PM EDT
That’s a fairly modest increase compared to some of the jumps we’ve seen in the past.
Apr 26, 2015, 10:16 PM EDT
He has every right to be.
Apr 26, 2015, 9:12 PM EDT
Montreal will now play either Detroit or Tampa Bay.
Apr 26, 2015, 8:17 PM EDT
Oshie thinks the core has “been playing some pretty good games since the playoffs.”
Apr 26, 2015, 7:42 PM EDT
Montreal had a 1-0 lead at the time.
Apr 26, 2015, 6:58 PM EDT
They got a big task ahead of them.
Apr 26, 2015, 6:20 PM EDT
Habs and Wild look to advance with Game 6 wins.
Apr 26, 2015, 6:18 PM EDT
Minnesota’s earned the right to challenge Chicago again.
Apr 26, 2015, 5:45 PM EDT
He’ll undergo further testing in the not too distant future.
Apr 26, 2015, 4:58 PM EDT
Brian Elliott is on in relief.
Apr 26, 2015, 4:15 PM EDT
That’s one Allen has to have.
Apr 26, 2015, 3:45 PM EDT
He suffered two concussions this season.
Apr 26, 2015, 2:00 PM EDT
The newly appointed Edmonton executive is already busy in his new role.
Apr 26, 2015, 1:15 PM EDT
Eric Fehr would be ready for the second round.
Apr 26, 2015, 12:30 PM EDT
Philly fired Craig Berube on April 17.
Apr 26, 2015, 12:00 PM EDT
He last played at the 2006 tournament.
Apr 26, 2015, 11:30 AM EDT
He didn’t play the second half of Friday night’s win.
Apr 26, 2015, 11:15 AM EDT
Chorney and Dumoulin could also head back to Wilkes-Barre for their playoff run.
Apr 26, 2015, 10:30 AM EDT
He’s been a healthy scratch for three games.
Apr 26, 2015, 9:45 AM EDT
Blues and Sens need wins to force Game 7
- Price makes 43 saves as Senators’ magical run ends in controversy 15
- Video: Fast whistle costs Senators potentially critical goal 11
- WATCH LIVE: Today’s Stanley Cup playoff action 3
- Another Blues campaign ends in disappoint as Wild advance 84
- Crosby joining Team Canada at Worlds 16
- Here’s your Stanley Cup playoff TV schedule for today 12
- One more time, with feeling: Flames stage yet another comeback, eliminate Vancouver 25
- Keith conquers: Blackhawks come back, eliminate Predators 49
- Red Wings smother Lightning, take 3-2 series lead 23
- Going the distance: Isles edge Caps to force Game 7 43
- Too little, too late: Rangers stifle Penguins for 2-1 series lead (114)
- It’s Done: Rangers eliminate Penguins in overtime (108)
- Bettman under fire after saying ‘Katy Perry’ chant wasn’t sexist (92)
- Another Blues campaign ends in disappoint as Wild advance (90)
- Okposo blasts ‘idiot’ Wilson after physical outing versus Isles (82)