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.
May 25, 2015, 12:00 AM EDT
Two sides to the coin in a shutout.
May 24, 2015, 10:33 PM EDT
Bolts take a 3-2 series to Tampa Bay.
May 24, 2015, 9:36 PM EDT
The Lightning are 7-0 when scoring the first goal in the playoffs.
May 24, 2015, 9:17 PM EDT
Degree of difficulty: high.
May 24, 2015, 9:15 PM EDT
Blocking shots can be a grind, too, after all.
May 24, 2015, 8:07 PM EDT
May 24, 2015, 7:37 PM EDT
No clarification on what would qualify as “dramatic.”
May 24, 2015, 6:52 PM EDT
Who will grab a 3-2 series lead?
May 24, 2015, 5:58 PM EDT
Can Anaheim grind this series out?
May 24, 2015, 4:45 PM EDT
Things weren’t a “perfect fit” for the blue liner in Nashville.
May 24, 2015, 3:45 PM EDT
He coached Edmonton to a 17-25-9 record after Dallas Eakins was fired in December.
May 24, 2015, 2:45 PM EDT
He’s gone nine games without a point.
May 24, 2015, 1:45 PM EDT
He has not played since April 24.
May 24, 2015, 1:00 PM EDT
He’s set to become an unrestricted free agent in July.
May 24, 2015, 12:30 PM EDT
He missed Game 4 due to an undisclosed injury.
May 24, 2015, 11:41 AM EDT
He owes St. Louis one more season.
May 24, 2015, 10:46 AM EDT
He has not coached since being fired by the Penguins last June.
May 24, 2015, 2:05 AM EDT
“Finally got a bounce.”
May 24, 2015, 12:52 AM EDT
Chicago wins another long overtime game.
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