It's different in the NBA because the players have more power in that league. They can only sign for a max of 5 years. They do get more money and players want the ability to move teams if a situation isn't working out for them.
Draisatl singed a eight year deal for 8.5 years when he was 19…best signing ever …people complained about it at first but now we know he’s worth every Penney of it…he’s still an oiler for three more years !
As a Habs fans, I hate Boston. But honestly, there's no denying the players in Boston love their club since most of them sign below market value contracts to keep the club competitive. It's a lot better than signing a 30 year old goalie to a 10.5 M a year for 8 years...
I didn't see Kyle Okposo's contract(7 years) listed. That one hurts. And I knew it was going to hurt the moment the Sabres signed him. However, they were in a really bad situation that they created. They had a roster devoid of scorers and he was the only attainable free agent. They overpaid because they had to and got punished, harshly. Of course, injuries are a part of it with his MANY concussions. And recently he's played well, as a 4th line player. Problem is, he was signed to be a 1st line player. Very likable guy, shame to have to list his contract as a mistake. Mistake it was, though.
maybe 4 or 5 but what choice did they have? They had a cup contending team - and they lost 2 of their most impactful players in a week . they are playing for now - and Kadri will be great - he can really get under McDavid's skin better than anyone else in the league - that is important for the flames - it really does come down to match ups and in several ways they have improved for the here and now .
Hey THG, I wonder how many NHL GM's offer these long contracts to players knowing that in 7,8 or 10 years from now that they will no longer be with the team, especially if that particular GM has less than 3 or 4 years left on his own contract... "Let the next guy deal with the salary cap issue" type of attitude.
I think JT Millers contract will be alright. With the salary cap going up it shouldn't be that cumbersome in the end if the Canucks are smart. What I like about JT is he is also a good defensive forward so even if the scoring slows in his mid-30's the Canucks should still have a good shutdown center.
Ottawa has been doing a really good job managing their young players and getting good term and cap hit. Tkachuk, Norris. Doing that allows them to keep the band together when Stutzle and Batherson are up. Almost forgot to mention Chabot.
Batherson is on a 6 year deal now. So only Stutzle and DeBrincat to worry about. Formenton is also unsigned but until the U-18 investigation concludes that situation will remain on hold.
Ovechkin is the only player to have earned every dollar he has signed for since his draft. His career proves beyond a doubt that he is the GOAT for goal scorers. With 2 lockouts and a Pandemic to shorten his playing time. Most players would have slowed down, and coasted after awhile. I am not saying others aren't in his class, but he was the only long-term contract that proved the owner is a genius.
Parise and Suters 13 year contracts are killing the Wild right now. They just had to let Fiala go because of cap space. He’s a 25 year old who just broke out and had an amazing season, but the Wild have the dead space from Parise and Suter. It really sucks. 14 mil of dead space.
WE'RE NUMBER 1! WE'RE NUMBER 1! WE'RE NUMBER 1! Honestly, I'd have worn a Vlasic jersey over Karlsson. Karlsson's contract might be a bigger number, but Vlasic's contract is worse in terms of value. Karlsson's been playing at a value of around $4M per season under his contract value. On the other hand, Vlasic would be unlikely to be offered a league minimum deal if he was a UFA, so he's more like $7M per season under his contract value. This is based on The Athletic's contract valuations, stats, and the eye test.
@@SverigeiSverige idk about worst, but it's up there. Karlsson hasn't actually been that bad in San Jose, but he's battled injuries and definitely hasn't been an $11.5 million player/ D man. Signing Karlsson to that amount also squeezed a bunch of players out of SJ, namely Pavelski
Paul Holmgren tries to sign Weber with a ridiculously long contract then instead signs Bryzgalov with the worst contract to ever happen in the NHL. How that guy is still in management is insane
Best value contract: Nathan Mackinnon. 7 Year $44.1M with a $6.3M AAV. I wonder what his new contract will be when he becomes a UFA after this upcoming season
The way Vancouver structured Miller’s contract makes actually really good. If he’s bad by year 5, they can buy it out and save cap, and will have an increased cap at that stage.
The game has passed J. Carlson on the defensive side. So many goals given up where he was laying flat on the ice and gets deked around. Still good on offensive side.
I've never liked the plus 5 year deals as they seem to hurt both player and team long term if they don't age well or circumstances change. Luongo in Vancouver being the obvious one. The canucks didn't want him, he wanted out yet in the end they lost Schneider.
I thought that the most the cap could go up per season (as of right now) was 1 mil, an extra 3-4 mil is not going to make a huge difference especially if guys that are signed to these long term deals regress
If you want to look at the Miller contract specifically, the problem isn't just that he's already 29, it's that he is NOT an 8 million dollar player. He is nowhere near point per game in his career. Who even knows what last season was about, but it's a complete outlier if you look at his career as a whole. So which one is likelier: a guy has a career year that he can never match or get close to again, or that a guy suddenly becomes a star at the age of 28/29, after being mediocre his entire career so far.
The other side of this issue.....teams giving up good and popular players for very little because of the big contracts....is frustrating. The Jackets giving up Oliver Bjorkstrand for peanuts was miserable for we fans.
As a Wings fan that subtle jab at Evgeny Svechnikov hurts still, kid has been dealing with the injury bug since his first pro season and it sucks because he in his mind he knows what he wants to do but his body just can't do it.
The other part I hate is not knowing which teams are on a players no trade list. Takes so much fun of speculation of possible deals. For instance Ducks goalie Gibson has 10 team no trade list, was Edmonton on it? They really needed a goalie last year.
Oddly enough, after having thought about it for a year, I'm no longer that worried about Jones' contract. He had an elite year (despite some Dang-Its and bloopers, statistically he was great- and no im not just talking about point production) and realistically he could reproduce that 2 or 3 times in the next 5 years. The last 3 years it might be tougher but at that point the cap should be significantly higher. 9.5mil could be equivalent to today's 8mil (in terms of % of the cap). At that point you can either stomach it for 3 years or pull an OEL or Kessel sort of deal where the team offloads him with low retention and some term remaining on the deal (1.25 for OEL, 1.2 for Kessel).
Tkachuk’s contract I think will age fine barring injuries or a falloff that I don’t see happening anytime soon. Kadri I think will be among the worst once a few years into the deal occurs, should be ok starting out but down the line it’s going to be rough. I remember that Dipietro contract all those years ago, crazy to think it’s still being paid out. A shame he couldn’t stay healthy though was a fan of his game.
He has gotten into controversies in the locker room and a supposed sexual case (that was disproven), and is hated in the locker room cause of his actions. He refused to show his covid card which lead to a contract termination, and is in debt by supposedly betting on nhl teams and gambling. As an oilers fan I hope he can sort things out in his life 😃
I think teams are making a big mistake assuming the cap is going to go up. All signs in the financial market are pointing to a long, very deep recession. This means people are going to have far less disposable income to spend on tickets and merchandise. The NHL, like all businesses, is going to have to really tighten its belt to survive the next few years. Things are gonna be ugly.
TV, streaming - are much more valuable revenue streams - I agree with you - that NHL has pretty much maxxed out on butts in seats as far as revenues go , they have to be counting on TV . I think the hockey night in Canada deal will be coming up soon - that is going to be interesting . Hard to believe that deal was good for anyone but the owners = it sure wasn't for fans - Coverage has been brutal since the day they left the CBC
As soon as I saw the title I knew Karlsson was going to be front and center. While I'm glad the majority of SJ fans now realize how bad of a deal it is, it's amazing how long it took them to figure it out lol Then again, people around here are terrified to think for themselves, so I guess it makes sense.
When I look at long-term contracts, the amount of term is not something I have an issue with, unless they involve players whose best days are behind them and they are now going down from the peak of their careers. The main issue I have is the dollar amount. I'm looking at the Darnell Nurse contract and thinking "there is no way he is worth $9+M. With the way he played the past few seasons, he should be more of a $6-7M a year player. If he was on most of the other NHL teams he would probably get the $6M contract per year." And I know he is supposed to be the Oilers' #1 defenseman, but that is still a high contract. As for the term, maybe a 6 or 7 year deal would have been a smarter move, but I think I can take the 8 year deal. It's the $9+M a year that has me scratching my head. And that Kovalchuk contract was just ridiculous. It wasn't the 20 year contract Gretzky signed with Pocklinton (though that was a services contract, so even if Gretzky's playing days were over, as long as he was still employed by Pocklinton to drive his limousine or something, he would still get paid until the contract was up). New Jersey had to pay a hefty price for circumventing the cap, but it was a higher penalty than Chicago was hit with for committing an even worse crime (hiring a sexual predator, keeping this information from the owner and the rest of the league, and covering up his true colours when players came forward to admit they were assaulted by said predator).
Who was the GM that signed Suter and Parise to those contracts? Well I'm sure whoever that is would never get work again and SURELY wouldn't continue to write bad contracts. Right? RIGHT? Oh yeah, Fletcher is now in Philly. Super. Can not stand him.
I could not believe he kept his job in Phil - but then I listened to an interview with Bobby Clark and figured it out . Everything in Philly still goes thru him in a way - you keep your job or lose it based on what #16 thinks of you and he gave Fletcher his first NHL job. and while GM he defers to Clark. Hextall did not - and subsequently he got the institutional backlash . Same reason why as soon as Hextall was gone they did everything to dismantle anything he had done . The Flyers had a well stocked pipeline of young dman - were ready to breakthru when Hextall was fired - they have been a dumpster fire ever since .
The Sabres had to sign Thompson to a big deal the same way the Blue Jackets had to sign Werenski to a big deal. It shows the other free agents that these small markets are here to compete.
@@AlexPittiStockMan I was upset NJ lost Zach for nothing, as a fan, but NJD got a run to the finals by keeping him. And I'm certainly glad they didn't shell out 100 mil for 13 years like MIN did.
Looks like the GM's mind set is more or less like "I go for winning now and don't care about future problems with 7M cap hit for a 36-year-old bottom-6 guy because if it works I won and if it didn't work it won't be my problem".
The issue with long term contracts is how much uncertainty are you buying? The closer a player gets to 30 when that contract comes around...the uncertainty factor goes up exponentially. When Price signed his deal virtually every person screamed "genius".... now look at all the dead money, and it is not the players fault, but Montreal is paying a ton of money to watch their franchise goalie go to the doctors office.
As goalies are able to play well into their late 30's and even into their early 40's, long term contracts with older goalies (late 20's/early 30's), is the only contract that doesn't raise eyebrows. If he wasn't injured... would he be able to drag Montreal to another SC Final? Yes. So, the money spent on him would be a slam dunk, even in a do over. It was, unfortunate that he was not able to steal the cup from Tampa.
In retrospect if the Sharks kept Josh Norris and did not trade for Karlsson. They might of had another top forward and could have kept Joe Pavelski. Burns might still be here without Erik. Sometimes older players are given contracts as a thank you for past performance at lower salaries.
I never could understand why they gave him that contract - it was obvious that Karlsson was not the same player he had been . He had carried that team to the finals - and on a bad ankle - he has never been the same player since it was at least 2 years after that they signed that deal -brutal .
@@pjpredhomme7699 Now that i think about it, once the Sharks gave away all the assets for Karlsson they had to sign him, hoping he would be worth it. It was better not to do the deal in the first place.
They almost always age badly if they take a player into their late 30s. The one good thing about the Miller contract is that it's all salary, no bonuses. If and when JT stops putting up points, it will be much easier than say, a Loui Eriksson contract, to buy out. I probably wouldn't have signed that contract for any player taking them that age, especially on a team that isn't close to a Cup, but it's easy enough to buy out, I guess. It just means we're going to continue to be weak on D for a long time.
Uhh, not sure what you're talking about with "all salary, no bonuses." Here's the structure from capfriendly: 23-24: $8.5M bonus, $1M salary 24-25: $5M bonus, $4M salary 25-26: $5M bonus, $4M salary 26-27: $7M salary 27-28: $3M bonus, $4.5M salary 28-29: $2.5M bonus, $4.5M salary 29-30: $7M salary If he's bought out next season (before the contract starts), its' $8.5M (an increase in the cap hit for that year by $23k), $5.5M, $5.5M, $2.5M, $5M, $5M, $2.5M, $1.5Mx7 If he's bought out with 6 years remaining, it's $5.7M, $5.7M, $2.7M, $5.2M, $5.2M, $2.7M, $1.7Mx6 If he's bought with 5 years remaining, it's $5.8M, $2.8M, $5.3M, $5.3M, $2.8M, $1.8Mx5 If he's bought out with 4 years remaining, it's $2.9M, $5.4M, $5.4M, $2.9M, $1.9Mx4. If it's bought out with 3 years remaining it's $5.3M, $5.3M, $2.8M, $1.8Mx3. If it's bought out with 2 years left it's $5.4M, $2.9M, $1.9Mx2. Before the last season' it's reasonable at $3.3M, $2.3M.
I liked Kadri's season. But, this contract is going to age like leftover fish. The likelihood of him matching his last season, even one time, over the term of that contract is near zero this ywar and will only get worse.
I don't know why GMs have not structured these contracts so that the last 2 or 3 years of an 8-year contract are paid equal to the cap hit. Would that not make buyout or trade easier?
It is easier to trade a contract with two years left when the cap hit is high, but the actual pay is low. Arizona eats those contracts up to artificially get to the cap floor.
Nhl should have 5 year max deals..it protects the teams from badly aging contracts. Also it makes Free Agency alot more fun to follow with possibilities of more big name FAs on the market every off season
Palat is more of a middle six guy, 49 point 18 goals for 6 mil is kind of a overpay but I’m not mad at the signing because they needed a veteran that knows how to win
@@AlexPittiStockMan I don’t think you realize that palat might be on the third line lol, we got cursed with injuries last season. We have 6 better forwards than palat
NHL allows the Canucks to sign Luongo to that contract, then punished them for it. NHL turns a blind eye to all the cap circumvention done by Tampa. Cool…..
When Gillis signed that deal, the league had already made it clear they didn't like those long term deals. Tampa used LTIR as all teams in the league are allowed.
