- Larry Brooks of the NY Post: Brooks on long-term front loaded contracts,
Forget the nine-year deals both Richards and Bryzgalov signed. The Kovalchuk Amendment not only allows, but encourages an 18-year front-loaded deal for a 21-year-old coming off Entry Level, under which nearly all of the money is packed into the first 10 years as long as the final nine seasons are established at $1M apiece.
That’s the formula that would get Steven Stamkos on an offer sheet. That’s the formula that would get Drew Doughty. That’s the formula (though adjusted for a 13-year deal running through age 40) that most assuredly would have gotten Zach Parise, which is exactly why the Devils filed for salary arbitration and thus removed the winger from the market.
Brooks thinks this is what the league wanted as proof that the system is broken, and it plans on fixing it in the next CBA. They will look to keep contract at 5 to 7 years, and take the average of the 3 to 5 highest years to get the cap number.
- James Mirtle of the Globe and Mail: Steven Stamkos and Drew Doughty seem to be the perfect candidates to sign an offer sheet, but so far it hasn’t happened. There have only been 6 offer sheets in the past 5 years. Carolina signed Sergei Fedorov to one in 1998, 6 years at $38 million. Mirtle offers up some reasons why teams may not look at signing players to offer sheets. 1. Cost is too prohibitive – if a team were to sign Doughty or Stamkos, it would have to be for a lot more than $7 million in hopes that the offer wouldn’t be matched. If it was for over $7.835 million it would cost the team 4 1st round draft picks. 2. Teams are afraid of retaliation – If the Leafs put in an offer for Stamkos, the Lightning could do the same for Schenn, which would drive up the cost of the players. In 2008 the Blues matched an offer sheet from the Canucks for David Backes. The Blues then signed Steve Bernier to offer sheet, which the Canucks matched. 3. They create bad blood – see the Dustin Penner and Thomas Vanek situation with Oilers. Burke and Regier were not impressed with then GM Kevin Lowe. 4. They rarely work – Chris Gratton in 1997 was the last player to change teams before Dustin Penner did a couple years ago.
- Katie Carrera of the Washington Post: The Capitals traded Eric Fehr to the Jets for Danick Paquette and a 4th round pick on Friday, a deal that put them about $400,000 under the salary cap ceiling. They still need to re-sign Karl Alzner. If the Capitals put Tom Poti on LTIR at the start of the season, it would clear up $3.2 million in cap space. Alzner’s agent said they are having “good negotiations” but “we just disagree where Karl’s value is.”
“We’ve been trying for a long time to work on a two-year deal, with value based on what Karl’s arbitration would come in at,” said Barry, who added that a longer-term deal was not discussed with Washington. “We’ve just been unable to bridge the gap at this stage.”
- CP in the Globe and Mail: The Jets have acquired Kenndal McArdle from the Panthers for Angelo Esposito.
- Brad Ziemer of the Vancouver Sun: The Canucks have acquired the rights to Mike Duco from the Panthers for Sergei Shirokov.
- Randy Sportak of the Calgary Sun: The Flames have acquired Jordan Henry from the Panthers for Keith Seabrook.
“Jordan Henry is a two-way defenceman who plays with an edge to his game,” said Flames GM Jay Feaster in a statement. “He is a responsible and smart defender, yet he is also adept at joining the rush and pinching down the wall to support the offence. He is still a solid prospect, and we viewed this trade as an opportunity to give two young players a new start with different organizations.
“We look forward to seeing Jordan compete with our other recent depth acquisitions for a spot in our top seven in camp.”