The Chicago Blackhawks signed Marian Hossa to a TWELVE YEAR, $62.8 million deal today in what can only be classified as an idiotic contract. It’s not that Hossa is not a great player or that he does not deserve the deal. It’s the length of the contract.
Unlike the NFL and MLB, the NHL (and NBA) has a salary cap, meaning that each team can only spend to a certain, defined amount. For next season, the cap is $56.8 million, a $100,000 increase over the cap last season. Hossa’s contract is worth $5.233 million per year so that means that nearly 10% of the Blackhawks’ money is tied up in Hossa next season. Hossa is just one of twenty plus players that Chicago will have on its roster next season.
Now, that still leaves a large amount of money for Chicago to spend on the rest of their roster. Hossa is a terrific player and he will certainly help the Hawks next season, but next year is not the problem with the contract. Five years from now, what is the cap going to be? Continue reading “Crazy NHL Contracts”
With the NHL and NBA playoffs complete, it means that both sports are in the midst of their respective off season. Free Agency officially began in the NHL yesterday at noon and begins in the NBA on July 10th. NBA players are currently able to enter into verbal agreements with teams, but may not sign a contract until the 10th. With that said, let’s take a look at some of the big players in the NHL and NBA and where they are likely to wind up.
1. Gilbert Arenas
The former Washington Wizards guard is the premier player on the market this year and is going to bring in some big bucks. The Wizards are certainly looking to keep their All Star point guard as they have reportedly offered him a deal of 6 years for approximately $126 million. Also in the running are the Golden State Warriors, who now have some extra cash lying around after Baron Davis’s sudden departure. The Warriors are offering Arenas a 5 year deal worth 100 million dollars. Arenas seems to be content with the Wizards and the extra year that only the Wizards are able to offer (NBA rules) so I expect him to stay in Washington.
2. Baron Davis
Well I’m going to predict that Davis goes to the Los Angeles Clippers for 5 years and $65 million. So as everyone has heard, Davis verbally agreed to a 5 year, $65 million withtheClippers. Davis surprisingly opted out of his contract with the Golden State Warriors a couple of days ago after they refused to offer him a long-term deal. Averaging 22 points a game last season, Davis is a huge pick up for the other Los Angeles team who now can set their sights on resigning big man Elton Brand, who is up next on this NBA Free Agent list. Continue reading “Let Free Agency Begin”
A slower day in sports today so I want to look back at the NHL Draft and look ahead to the off season. I consider myself an NHL fan (a Boston Bruin fan to be precise), but I cannot say that I followed the draft very closely. I can tell you that the Tampa Bay Lightning chose center Steven Stamkos number one and that the Bruins drafted center Joe Colborne number 16. I can tell you that after Stamkos, the next four players chosen were all defense man and that 12 defense man were chosen in the first round. I can tell you that the tallest player taken in the first round was Tyler Myers by the Buffalo Sabres (12th pick).
If you want me to start analyzing individual picks, don’t get your hopes up. Most players in this draft will not be in the NHL for years to come, whether they are going to college or playing overseas. However, the top picks in the draft will look to make a difference next year. Stamkos will make the Lightning better immediately and the four defense man chosen after that should all have impacts on their respective teams next year. Almost none of the playerstaken after the top five will see NHL ice time next year. With that in mind, it is extremely difficult to grade teams in the draft. Not just are most players not ready for the NHL and will spend a couple years getting better, but it is tough for NHL general managers to predict their respective team’s needs years in advance. So I am sticking away from grading each teams. I can barely grade my beloved Bruins. I have mixed feelings over picking Colborne. He is a talented player with great upside, but from what I’ve read, he may be too soft for the NHL. I guess Bruins management (and their fans) are hoping his time at Denver University will toughen him up. Continue reading “2008 NHL Draft and Off Season”