Now that the NHL has won the arbitration award based on “salary cap circumvention” with the Kovalchuk situation, they are ready to tackle the rest of the league. A year (and perhaps in a few occasions more than a year) ago, specific contracts were approved by the league and now the league has decided to reevaluate those contracts to determine if they too circumvent the salary cap.
The Chicago Blackhawks have decided to walk away from Antti Niemi’s arbitration awarded $2.75M contract, and have instead signed veteran free agent Marty Turco to a one-year $1.3M contract. With the Blackhawks decision not to retain him, Niemi is now a free agent goaltender on the market and should attract some immediate attention.
If leaked reports are to be believed the NHLPA is preparing to file a grievance pertaining to the NHLâ€™s rejection of the unprecedented 17 year, $102 million contract filed last week by the New Jersey Devils for Russian forward Ilya Kovalchuk. The report suggests that even if the Devils and Kovalchuk can agree on a restructured deal, the NHLPA may still decide to file a grievance in a preventative effort for future contracts.
The latter part is particularly significant for those who have been viewing the leagues rejection of the initial contract as an act of political posturing in the face of the PAâ€™s on-going power struggle and an attempt at drawing a line in the sand.
Trades are never won or lost when initially made, and tonight’s multi-player deal with Chicago is the very embodiment of that fact. Analyzing a deal that sent Kris Versteeg and Bill Sweatt to Toronto for Viktor Stalberg, Phillippe Paradis and Chris Didomenico involves a lot of subjective potential measurement. Â Making the task more difficult is that two teams often come together to execute a trade for very different reasons in a salary cap era.
The Playoffs are about to start and what better time than now for the CFB predictions. We highlight every series with individual writers giving their own opinion on why or how a particular team can win the series. This is the Round 1 Predictions for the Western Conference.
After such a porous start for both clubs, both teams are heading into tonight’s original six matchup with their longest streak of the season and are currently playing their best hockey. The Red Wings are looking to extend their streak to 4 wins, while the Leafs are looking to extend their streak to 2 games for the first time this season.
Years ago, we were all stunned when Islander GM Garth Snow handed goaltender Rick DiPietro an astounding 15 year contract back in 2005. Fast forward to present day, and this recent fad of handing out double digit term into a player’s forties is very quickly starting to get out of hand. Detroit GM Ken Holland gives out 12 and 11 year contracts to Zetterberg and Franzen respectively, Chicago joins the party with a 12 year contract for Hossa (which is now being investigated by the league), and Philly decides it would like to ink Pronger through age 42. Last but not least, news broke earlier today of a shiny new 12 year extension for 30 year old goaltender Roberto Luongo. Well enough is enough.
This article is cross-posted from my site: www.checkingfrombehind.com. I thought I’d share it with you to explain the circumstances on why the NHL feels it is not a “legal” contract.
Almost a month after the alleged “errors” in their qualifyings of RFA players, the Chicago Blackhawks are faced with another possible problem, only this time they won’t be losing players, they’ll be losing draft picks and up to a $5M fine by the NHL. It seems their contract for UFC Marian Hossa, a significantly front-loaded 12 year deal worth $62.8M, is not in compliance with the Collective Bargaining Agreement (CBA). How is that you ask?
A quick look at the Todd Bertuzzi to Toronto scenario, the NHL’s investigation into Chicago’s Marian Hossa contract (boy have they had a tough offseason), more on the Phil Kessel contract status, and a bit about Wayne Primeau’s thoughts going into next season.
So you’re Brian Burke and it’s July 1st.
Who do you go after? And what is the contract you offer?
I feel that the NHL has paradoxically lost a lot of it’s appeal to the casual hockey observer by ushering in a salary cap and establishing the presence of relative parity. The prospect of competitive balance within the sport of hockey was long viewed as the ideal scenario, assuring the opportunity to succeed in any given season for even the least moneyed franchises and as a direct result providing these franchises with the means to draw new fans out of their tepid markets. It all sounded good on paper. But the league has lost a valuable dynamic that in my estimation plays a large part in the success of other major sports leagues and associations within North America.