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.
Sep 22, 2014, 11:39 AM EDT
“It’s nice having a little more freedom, in that regard, especially for the creativity that’s on our team,” says Beau Bennett.
Sep 22, 2014, 10:45 AM EDT
“I think what we’re going to do as a team will be right up his alley.”
Sep 22, 2014, 10:02 AM EDT
He’ll get tougher assignments with Kimmo Timonen sidelined indefinitely.
Sep 22, 2014, 8:58 AM EDT
Colorado is counting on the duo to be very effective this season.
Sep 22, 2014, 8:00 AM EDT
Monday’s collection of links.
Sep 21, 2014, 11:05 PM EDT
Head coach Todd McLellan thinks he can play, at least.
Sep 21, 2014, 10:10 PM EDT
“But sometimes you have to lose what you have to realize what you had.”
Sep 21, 2014, 9:40 PM EDT
Players nursing bumps and bruises as camps wrap.
Sep 21, 2014, 9:00 PM EDT
“In a perfect world, it would be three.”
Sep 21, 2014, 7:31 PM EDT
“He’s thinking usually two or three plays ahead.”
Sep 21, 2014, 6:09 PM EDT
“God, defense was just so much fun though.”
Sep 21, 2014, 4:49 PM EDT
The team’s still trying to determine if surgery is necessary.
Sep 21, 2014, 3:48 PM EDT
He won’t play in either of Ottawa’s Monday exhibitions games.
Sep 21, 2014, 3:02 PM EDT
Seasoning in the AHL should serve the 20-year-old well.
Sep 21, 2014, 1:31 PM EDT
Agent confirms talking to several KHL teams.
Sep 21, 2014, 11:30 AM EDT
With Giroux out, Craig Berube juggles lines.
Sep 21, 2014, 10:31 AM EDT
Not at Oilers camp for the first time in his career.
Sep 21, 2014, 9:30 AM EDT
Columbus looking at options with Johansen not at camp.
Sep 20, 2014, 11:36 PM EDT
The restricted free agent seems to be at an impasse with Columbus.
Sep 20, 2014, 11:01 PM EDT
Devils GM Lou Lamoriello said he’s “fine,” but he initially said the same of Clowe when the player had a concussion.
- Injuries piling up as preseason schedule begins 11
- Report: Fedorov denies contract offer was made to Johansen 7
- Report: Johansen has gotten no shortage of KHL offers 37
- Update: Drouin out with upper body injury, not expected to miss preseason 1
- Report: NHL officials to participate in preseason without new CBA 1
- Evander Kane: I know I can score 50 goals 16
- ‘C’-less Thornton comes out swing against Wilson’s ‘tomorrow team’ talk 19
- Joe Sakic’s now general manager in name too 6
- Update: Giroux out two weeks with lower-body injury 26
- Update: Crosby on ice with Penguins teammates Friday, leaves early 5
- Heeeeeere’s Johnny! Davidson shreds Johansen’s agent for ‘baffling, nonsensical’ contract demands (65)
- Jackets reveal Johansen offers — including an eight year, $46M deal (55)
- Will the NHL publicize divers? (48)
- No icing on the PK? The USHL will see how that looks (43)
- Just how damaging are heated negotiations between Jackets, RFA Johansen? (38)