Dec 7, 2012, 12:44 PM EDT
Yesterday, NHL deputy commissioner Bill Daly delivered arguably the most memorable sound bite of the day (which says a lot given all the memorable sound bites) when he called the issue of max five-year contracts “the hill we’ll die on.”
For the NHL, limiting contract lengths is a simple (and apparently life-and-death) matter of eliminating long contracts that could potentially go wrong. And most people see the logic in that. (See: Rick DiPietro.)
What a lot of people are wondering is why the players are being so stubborn about term limits (they’ve proposed eight-year maximums) when the large majority of them will never sign a contract as long as five years anyway.
The best answer to that may come in the form of a question: What would Sidney Crosby’s contract look like if there was a five-year limit?
The contract Crosby did recently sign was for 12 years and $104.4 million, which renders a cap hit of $8.7 million. Given his concussion history, committing all that money over such a long term was a pretty big risk for Penguins ownership, and it’s safe to assume Crosby had to “pay” for some of the security he got by taking a lower average annual salary.
If Crosby wasn’t able to get that type of security, it’s highly likely he’d demand a higher average annual salary. Under the last CBA, the maximum a player could earn was 20 percent of the salary cap. So for the 2012-13 season (upper limit of $70.2 million), the max salary was set at $14.04 million.
So let’s say Crosby got the max (he probably could if he threatened to walk away), that would then leave less money for GM Ray Shero to fill out the rest of his roster, thus putting the squeeze on guys like Tyler Kennedy and Craig Adams when they tried to re-sign for 2013-14.
This is why the players don’t want five-year limits. Because the simple fact is this: great players win Stanley Cups and sell tickets. Yeah, teams need depth too, but they need the great players first. Want proof? Here’s a list of players who have put their names on Cups in the last five years:
Nicklas Lidstrom, Pavel Datsyuk, Henrik Zetterberg, Sidney Crosby, Evgeni Malkin, Jonathan Toews, Patrick Kane, Marian Hossa, Duncan Keith, Zdeno Chara, Tim Thomas, Drew Doughty, Jonathan Quick, Anze Kopitar.
If a general manager is given a choice between keeping one of those guys and keeping a couple of good third-liners and a couple of good fourth-liners, a GM is going to keep the great player and make do with two average third-liners and two average fourth-liners. And since that reduces the leverage of the good third-liners and fourth-liners, they end up signing for less.
Jul 5, 2015, 10:00 PM EDT
He struggled in his first year pro split between the AHL and ECHL.
Jul 5, 2015, 8:06 PM EDT
He was bought out by Carolina last week.
Jul 5, 2015, 7:00 PM EDT
He’ll make $650,000 at the NHL level and $250,000 in the AHL.
Jul 5, 2015, 6:00 PM EDT
Hearings will take place in Toronto from July 20 to August 4
Jul 5, 2015, 5:00 PM EDT
It’s reportedly a two-way contract worth $600,000.
Jul 5, 2015, 3:55 PM EDT
The deal will reportedly pay him $4.1 million next season.
Jul 5, 2015, 3:08 PM EDT
His peak came in 2013-14: 19 goals, 51 points.
Jul 5, 2015, 2:20 PM EDT
Perhaps Blue Jackets prospects can learn from his scrappy ways.
Jul 5, 2015, 1:47 PM EDT
Some depth for the Bolts.
Jul 5, 2015, 12:31 PM EDT
He shared his story (and struggles) this past week.
Jul 5, 2015, 12:03 PM EDT
It may leave them in a “cap vise.”
Jul 5, 2015, 10:49 AM EDT
That doesn’t guarantee that a hearing would take place, though.
Jul 5, 2015, 9:36 AM EDT
Brandon Dubinsky is the latest to pipe up.
Jul 4, 2015, 11:20 PM EDT
Vancouver started its development camp this weekend.
Jul 4, 2015, 10:10 PM EDT
His offensive totals were down, but was regularly used on penalty kill.
Jul 4, 2015, 8:40 PM EDT
Spent most of the 2014-15 season in the OHL.
Jul 4, 2015, 7:10 PM EDT
They had agreed to terms last weekend.
Jul 4, 2015, 5:40 PM EDT
Played 37 games with Edmonton last season before getting sent back to the WHL.
Jul 4, 2015, 4:10 PM EDT
He signed with Pittsburgh on Wednesday.
Jul 4, 2015, 2:57 PM EDT
Both received two-way deals.
- Arbitration filed: Holtby, Nyquist & Stepan highlight list released by NHLPA 10
- Report: Plotnikov paid $500K to get out of KHL contract 12
- Philadelphia signs ’15 first rounder Provorov 11
- Brandon Saad brings championship experience to Blue Jackets 22
- Sharks sign Joel Ward to three-year deal 24
- Sabres lock up O’Reilly through 2022-23 74
- Locked in: Columbus signs Saad to six-year, $36M deal 28
- Oilers sign McDavid to entry-level contract 29
- ‘Hawks would like to re-sign Oduya, but still working through ‘financial hurdles’ 17
- Trade: Caps acquire Oshie from Blues for Brouwer, Copley and draft pick 73
- Blockbuster: Kessel traded to the Penguins (131)
- Trade: Flyers send Rinaldo to Bruins for 2017 third-rounder (105)
- Trade: Jackets land Saad; Anisimov and Dano headed to Chicago (93)
- Bypassing a buyout? Kings terminate Richards’ contract for ‘material breach’ (90)
- Sabres lock up O’Reilly through 2022-23 (74)