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.
Mar 26, 2015, 11:30 PM EDT
Winnipeg grabbed a big win today, too.
Mar 26, 2015, 10:16 PM EDT
A tough win turned into a bitter OT loss.
Mar 26, 2015, 10:13 PM EDT
Will anyone else join them tonight?
Mar 26, 2015, 9:48 PM EDT
The real winners might be the Edmonton Oilers.
Mar 26, 2015, 9:12 PM EDT
Not a great night for Ottawa.
Mar 26, 2015, 8:58 PM EDT
Update your save of the year highlight packages.
Mar 26, 2015, 8:48 PM EDT
He seems OK after that tough, 2-on-1 check.
Mar 26, 2015, 8:41 PM EDT
Three goals allowed in 20 minutes by Detroit’s embattled starter.
Mar 26, 2015, 8:23 PM EDT
The Rangers forward felt encouraged by this latest step.
Mar 26, 2015, 7:03 PM EDT
He’s lining up with Brad Marchand and Patrice Bergeron to start.
Mar 26, 2015, 6:37 PM EDT
A Vladimir Tarasenko hit shook him up on Tuesday.
Mar 26, 2015, 5:40 PM EDT
Vermont power forward was the club’s third-round pick in 2011.
Mar 26, 2015, 4:56 PM EDT
Featuring Erik Karlsson, Marc Methot and a guest appearance from Curtis Lazar.
Mar 26, 2015, 4:37 PM EDT
The 43-year-old has been a big influence on his young linemates.
Mar 26, 2015, 4:09 PM EDT
Granted, they have to make them first.
Mar 26, 2015, 3:44 PM EDT
Bruce Boudreau continues to “experiment” on defense.
Mar 26, 2015, 3:20 PM EDT
“Hopefully we realize that, come together and allow this group to stay together.”
Mar 26, 2015, 2:44 PM EDT
An interesting comment from his agent.
Mar 26, 2015, 2:14 PM EDT
News and notes from around the crease…
Mar 26, 2015, 1:57 PM EDT
“We are all thinking the same way and going the same direction.”
- Bruins can’t hold Ducks off, suffer sixth loss in a row 12
- Ticket punched: Rangers become first team to clinch 2015 playoff berth 2
- Coyotes ‘win’ against Sabres in OT 20
- Marchand: If Bruins miss playoffs, ‘this is going to be a much different group next year’ 16
- Is Lecavalier offering to retire early to facilitate trade out of Philly? 26
- Hextall insists he’s ‘on the same page’ with Snider 15
- Krejci ‘probable’ to return versus Ducks 10
- Flyers announce Simmonds, MacDonald done for the season with injuries 18
- Video: Flyers crush Blackhawks, Voracek joins league lead in points 11
- Report: Draft Lottery to be held on Apr. 18 14
- Dreger: ‘In Kessel’s case, I firmly believe he’s going to be traded’ (73)
- Red Wings beat Blues in OT, but should winning goal count? (56)
- Tank-worthy? Connor McDavid finishes OHL season with 120 points in 47 games (56)
- Report: No fine or suspension for Tyler Toffoli’s hit on Alex Burrows (51)
- Dubnyk leads Wild past Isles in SO, earns 10th straight road win (44)