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Blackhawks sign Toews and Kane to 8 year $84M extensions (10.5M AAV)

Big contracts, but, this is the new reality with terms limits. Top flight players are going to get these kind of deals from now on. No more extra seasons to bring the cap hit down.
 
bustaheims said:
Yeah, though, probably pretty close to what either of them would have received on the open market.

Maybe. Although, next year if there's a reasonable cap increase(five million say), would you really bet money against Toews getting 13+ a year from someone if he really wanted it?

I mean, signing these contracts 8 days after they were allowed to is pretty good evidence they weren't playing hardball.
 
bustaheims said:
Yeah, though, probably pretty close to what either of them would have received on the open market.

I'd find it hard to believe teams wouldn't offer these guys max contracts on the open market. Toews especially.
 
Nik the Trik said:
Maybe. Although, next year if there's a reasonable cap increase(five million say), would you really bet money against Toews getting 13+ a year from someone if he really wanted it?

I mean, signing these contracts 8 days after they were allowed to is pretty good evidence they weren't playing hardball.

It wouldn't have shocked me, but, at the same time, I wouldn't expect it. My guess is Toews would come in somewhere in the $11M-$12M range, while Kane would probably come in a little below that.
 
CarltonTheBear said:
I'd find it hard to believe teams wouldn't offer these guys max contracts on the open market. Toews especially.

Honestly, there's only a really small handful of players that I think GMs would seriously consider offering a max value contract to, and, as much as I like Toews, I don't think he's one of them. In fact, there's really only 2 I'd consider giving that kind of money - Crosby and Stamkos.
 
bustaheims said:
CarltonTheBear said:
I'd find it hard to believe teams wouldn't offer these guys max contracts on the open market. Toews especially.

Honestly, there's only a really small handful of players that I think GMs would seriously consider offering a max value contract to, and, as much as I like Toews, I don't think he's one of them. In fact, there's really only 2 I'd consider giving that kind of money - Crosby and Stamkos.

I completely agree now Crosby looks like a very good "hometown" contract, Kessel's looks great and JVR's is amazing. Not that Kessel and JVR are the same as Toews and Kane but the deals sure look great.

 
bustaheims said:
It wouldn't have shocked me, but, at the same time, I wouldn't expect it. My guess is Toews would come in somewhere in the $11M-$12M range, while Kane would probably come in a little below that.

To be fair though, I think what you're doing is looking at the market as it exists and saying that Toews could probably be persuaded to sign at 11-12 million because he would still want to be on a competitive team and wouldn't want to be seen as hurting the team's depth. I think you're right in that sense. I'm just talking about the hypothetical where Toews is solely interested in as much money as possible.
 
Palmateer29 said:
I completely agree now Crosby looks like a very good "hometown" contract, Kessel's looks great and JVR's is amazing. Not that Kessel and JVR are the same as Toews and Kane but the deals sure look great.

The Penguins were really helped out by the fact that Crosby signed his extension before the current CBA was in place. Had he had to sign a deal with a term limit, my guess is his cap hit would be at or very near to the max available.

As for Kessel and JvR vs Kane and Toews - while I agree there's no comparing JvR to Toews, I feel like the biggest difference between Kessel and Kane is the quality of their teammates. If you flip the two, I doubt you'd see much change in the fortunes of either team, as, individually, they're extremely similar players.
 
bustaheims said:
Honestly, there's only a really small handful of players that I think GMs would seriously consider offering a max value contract to, and, as much as I like Toews, I don't think he's one of them. In fact, there's really only 2 I'd consider giving that kind of money - Crosby and Stamkos.

Being able to acquire a top-10 player in the NHL for nothing but money and cap space virtually never happens. Some teams can spend decades hoping to get a franchise player like Toews or Kane. IF they demanded a max contract (which like Nik says is probably unrealistic because we haven't seen a single top-10 player ask for one yet) would a team that desperately needs a franchise player really walk over $2mil or so? Is the price of an average 3rd line player really worth that?
 
Palmateer29 said:
I completely agree now Crosby looks like a very good "hometown" contract, Kessel's looks great and JVR's is amazing. Not that Kessel and JVR are the same as Toews and Kane but the deals sure look great.

Kessel's contract looks a bit better, sure, but JVR's contract is still a RFA contract. Leaving aside that he's not as good as either Blackhawk neither deal is really comparable to his.
 
It will be interesting to see if they now fall into the Penguins framework of two high priced players and not much left over for the rest of the team to round out the roster.
However, Brad Richards for $2M helps in that regard and it is probably easier to attract players to a winning team.
 
hap_leaf said:
It will be interesting to see if they now fall into the Penguins framework of two high priced players and not much left over for the rest of the team to round out the roster.
However, Brad Richards for $2M helps in that regard and it is probably easier to attract players to a winning team.

Their drafting is also loads better. Being able to use forwards in key roles who are on ELCs is essential when you're a top-heavy team cap wise.
 
CarltonTheBear said:
hap_leaf said:
It will be interesting to see if they now fall into the Penguins framework of two high priced players and not much left over for the rest of the team to round out the roster.
However, Brad Richards for $2M helps in that regard and it is probably easier to attract players to a winning team.

Their drafting is also loads better. Being able to use forwards in key roles who are on ELCs is essential when you're a top-heavy team cap wise.

Great point.  It made me think of all the guys I've never heard of before lighting it up for the better playoff teams (compared to the Leafs).  In particular Erik Haula ELC $900 000 was outstanding.  Granlund and Coyle too for that matter, all the same ELC contract.  Offsetting the big names on Minnesota.
 
CarltonTheBear said:
hap_leaf said:
It will be interesting to see if they now fall into the Penguins framework of two high priced players and not much left over for the rest of the team to round out the roster.
However, Brad Richards for $2M helps in that regard and it is probably easier to attract players to a winning team.

Their drafting is also loads better. Being able to use forwards in key roles who are on ELCs is essential when you're a top-heavy team cap wise.

That is it exactly.  There is certainly an ability to keep a system like that going since after the ELC there is a possible bridge contract allowing a team up to 5 years to decide is the younger player ready to step in or not. 

I feel that Kadri is a perfect example that since when his bridge contract is done this summer it should be clear if he is a $2.9 MIL player or a $5.25 MIL player.  If he is moved I trust that it will be for a draft pick or similar aged/younger player.  Same as Gardiner.  If he signs a 2 year bridge contract this summer then Maple Leaf management will be able to decide if he should be signed 8 years or moved for a future asset and let a younger defense man on a ELC step up.

If it wasn't for the salary cap then I wouldn't care.
 
Nik the Trik said:
bustaheims said:
Yeah, though, probably pretty close to what either of them would have received on the open market.

Maybe. Although, next year if there's a reasonable cap increase(five million say), would you really bet money against Toews getting 13+ a year from someone if he really wanted it?

I mean, signing these contracts 8 days after they were allowed to is pretty good evidence they weren't playing hardball.

Assuming they would offer max money, isn't Chicago the only team able to offer an 8 year term? I thought everyone else could only offer 7?
 
Kane is not worth 10.5 a year. This type of deal will hurt the league as a whole. The bar has been set now. I have no facts to back it up but when two players are making 30% of the total cap and the other players on the team cannot get a raise because of it, I can't imagine that sitting too well. There's a lot more players making below the league average then above it.
 
Lee-bo said:
Kane is not worth 10.5 a year. This type of deal will hurt the league as a whole. The bar has been set now. I have no facts to back it up but when two players are making 30% of the total cap and the other players on the team cannot get a raise because of it, I can't imagine that sitting too well. There's a lot more players making below the league average then above it.

BsIM9J9CQAAguHS.png


and

It?s pretty evident that the change in the NHL?s economy effected players at different spots in the NHL?s salary structure differently. The highest-paid centre in 2013-14, Sidney Crosby, makes only $1 million more than the highest-paid centre 10 years ago, Peter Forsberg. The 10th-highest paid centre in 2013-14, Paul Stastny, actually makes less money than the 10th-highest in 2003-04?Jeremy Roenick and Pierre Turgeon each made $7.5 million.

A little further down the line, things get rosier. The 58th through 61st highest-paid centres in 2003-04 made $1.6 million. This year, they?re each making $3 million. We can graph the change in salaries for each spot in our two groups to get a look at how their salaries have changed over the years.

What this really tells us is the story of how the NHL?s salary structure has changed. Two groups of players have benefited more than the league average?those from about 20 through 80 on the pay scale and players at the bottom of the league, whose salaries went up as the league minimum rose. The highest-paid centres in the NHL haven?t seen nearly the same salary growth.

http://www.sportsnet.ca/hockey/nhl/leafs-should-be-wary-of-bolland-contract/

That's looking at C's but it's likely applicable to the league as a whole - the cap has not been a bad thing for the non-star players on the team and those players have actually seen their salaries increase at a higher rate than those for star players.
 

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