Jul 16, 2014, 6:59 PM EDT
Patrick Kane and Jonathan Toews became the NHL’s first $10-plus million cap hits last week and, according to their agent, those figures could’ve been even higher.
During Wednesday’s presser to announce the signings, Pat Brisson — who represented both Kane and Toews in negotiations — said the two each could’ve fairly asked for $13.8 million per season, the maximum allowable under the collective bargaining agreement.
Pat Brisson says Toews and Kane could have commanded the max of $13.8M, but wanted to keep the “puzzle” together. #Blackhawks
— Mark Lazerus (@MarkLazerus) July 16, 2014
Per the CBA, teams are allowed to offer players a maximum of 20 percent of the salary cap. With it being set at $69 million for next season, Kane and Toews could’ve combined for a staggering $27.6 million cap hit, which is a whole lotta cash.
(Worth noting that, in the first three years of their deals, both will earn $13.8M in salary, a figure that drops off in subsequent years…)
It boggles the mind to think what $13.8M cap hits would’ve done to Chicago’s financial outlook, especially since things could get tight in the Windy City once Kane and Toews’ $10.5M per extensions kick in after next season. Per Capgeek, the club will have just 15 players under contract for $65 million in 2015-16, and there are some big negotiations on the horizon: Brandon Saad, a budding star in his own right, will need a new deal after next season; same goes for versatile center Marcus Kruger and offensive defenseman Nick Leddy.
(Blueliner Johnny Oduya is a UFA after next season too.)
All that said, both Kane and Toews made a point of saying their new extensions were designed to keep the team together, not blow it apart.
“With the cap rising, we feel pretty comfortable about where our deals were at to still have good players around us,” Kane said, per NBC Chicago.
- Report: John Hynes to be named head coach of the Devils 11
- Ex-Leafs goalie Pogge eyeing North American return 3
- Poll: Should the Ducks fire Boudreau? 49
- Zuccarello (brain contusion, skull fracture) was unable to speak after injury 26
- Overtime format highlights competition committee meeting agenda 16
- Report: Changes coming to compensation for executives 23
- Here’s your 2015 Stanley Cup Final schedule 33
- ‘Hawks rise to occasion in Game 7, head to SCF for third time in six years 95
- WATCH LIVE: Blackhawks at Ducks, Western Conference Final Game 7 5
- After prepping for three years, Franson excited to test free agency 9
- ‘Hawks rise to occasion in Game 7, head to SCF for third time in six years (95)
- Bolts strike Stanley Cup Final berth thanks to Game 7 win over Rangers (76)
- Duchene slams Russian players for storming off after Canada’s 2015 WHC win (65)
- Despite getting further than ever before, big game letdowns continue to haunt Boudreau (64)
- Report: Bylsma to Sabres being held up by compensation issue (56)