Dec 4, 2012, 2:36 PM EDT
The New York Post’s Larry Brooks took the NHL to task today, slamming the likes of Bruins owner Jeremy Jacobs and Jets owner Mark Chipman for signing players to six-year contracts right before the old CBA expired, then having the gall to demand five-year limits during current negotiations.
It wasn’t the first time the owners have been accused of hypocrisy, and the players are justifiably upset with the NHL’s demands. Nobody wants their employment freedoms restricted.
That said, there are good reasons owners have been willing to sign off on long-term deals.
Here are the four main ones:
1. Because the players are young. Tyler Seguin (six-year deal) is only 20. So is Taylor Hall (seven years). Evander Kane (six years) is 21 and Jordan Eberle (six years) is 22. All four are franchise players that will still be in their 20s when their contracts expire. For that reason, the NHL may be willing to soften its position on term limits for restricted free agents. Maybe it’s a six-year max, maybe it’s eight.
2. To reduce the cap hit. It’s the back-diving type of contract the NHL won’t allow to exist in a new CBA. The league should have addressed this loophole before it signed the last CBA, but there’s no point crying over spilled milk. Currently there are 16 players with contract lengths of 10 years or longer. Of those 16, only a handful signed with the expectation they’ll still be playing when their deals expire. Take Roberto Luongo’s 12-year, $64 million contract that’s set to expire when he’s 43. In reality, it’s only a nine-year deal; the last three years are for minimal salary. In hindsight, the Canucks probably shouldn’t have agreed to it, given they’re now trying to trade him and his contract is the biggest impediment to a deal. But looking back, without Luongo’s artificially lowered cap hit, they likely wouldn’t have been able to acquire Chris Higgins and Maxim Lapierre at the trade deadline prior to their run to the Stanley Cup finals in 2011. Both players were key additions that year.
3. To get the player. You can argue all day about the wisdom of Wild owner Craig Leipold for committing a combined $196 million to sign unrestricted free agents Ryan Suter and Zach Parise to identical 13-year deals this summer. But that was the market and it was the only way he could win the bidding war for their services. Again, you can question the wisdom of the deal, but Leipold felt he needed to make the investment to invigorate a fan-base that had grown tired of losing. Given there weren’t many Wild fans complaining, it’s hard to argue he failed in that regard.
4. To keep the player. See: Shea Weber, who forced Nashville’s hand when he inked a 14-year, $110 million ($58 million) offer sheet with the Flyers. The Predators had already lost Suter to free agency; they felt they couldn’t lose their other franchise defenseman. Was it smart? Guess we’ll find out. But like Suter and Parise, Weber was going to get big dollars and term wherever he ended up. For Nashville, it was either buck up or start rebuilding again. Suffice to say, Preds fans were glad ownership chose the first option.
For the NHL, demanding term limits on contracts is no different than demanding a salary cap. It’s being done to level the playing field and protect owners from themselves.
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 (85)
- Okposo blasts ‘idiot’ Wilson after physical outing versus Isles (82)