Darren Dreger is reporting murmurs of offer sheet speculation on Cody Franson (for more details about the current holdout, see this earlier article).
Here is the relevant list of offer sheet compensation:
In case you haven’t already heard, the Maple Leafs have broken off negotiations with prospect Bill Sweatt, acquired in the Versteeg trade from the Blackhawks. In a statement to the Toronto Sun, Burke explained that the club would rather keep a spot on the 50 contract limit open than continue discussions with Sweatt. As the talks continued to stall, the Leafs likely turned and upped their offer to Marcel Mueller, whose ELC contract value sits at $1.12 million. Sweatt is likely looking for a figure close to Blake Wheeler’s $2.825 cap hit as a 4-year college free agent, which is a steep price to pay for a player with speed but limited offensive upside.
An interesting question was brought up by Dave Hodge yesterday morning on TSN’s The Reporters amid the Phil Kessel whirlwind that erupted over the weekend: if Peter Chiarelli wasn’t interested in matching an offer sheet at the dollar figure to which Burke eventually signed the 21-year-old, described by Sports Illustrated’s Michael Farber as “a one in 500 chance,” why didn’t Burke submit the offer sheet and pay but a third rounder instead of an additional first round draft selection? Farber seemed convinced not only that Chiarelli wouldn’t match but that Burke’s decision to go the trade route instead of offer sheet avenue was to save face, anticipating the charges of hypocrisy he would encounter linking back to his response to Kevin Lowe’s offer sheet submission for Dustin Penner that ultimately went unmatched while in Anaheim.
The Boston Globe reports that restricted free agent winger Phil Kessel will no longer be negotiating with the Boston Bruins and will likely now await either a trade or an offer sheet from a rival club. The writer suggests that Boston GM Peter Chiarelli would likely prefer going through the trade route in order to receive a package of higher value than 3 unproven draft picks as compensation for an offer sheet in the $5 million range. The article also makes an interesting point: despite missing 12 games, Kessel finished tied for 12th in NHL scoring last season and the players above him average $6.5 million in annual salary. Makes you think, doesn’t it.
With that being said, the pressure to make a deal seems to lie on the Bruins because per the CBA rules, if Kessel were to sign an offer sheet before the Bruins can find a suitable trade, they would be forced to either let him go or match and keep him. They cannot simply match an offer sheet and then seek to deal him for a package of higher value than the draft picks during the first year of his new deal. But again, sneaking behind the Bruins GM’s back to ink Kessel to an offer sheet before they have a chance to act may trigger some harsh sentiment and retaliation.
In other news, just a friendly reminder that tonight is the fourth and final game of the Leafs rookie tournament in Kitchener, which kicks off at 7pm ET against the rival Ottawa Senators. Coverage will be aired once again on Rogers TV channels 10 and 60.
Amid speculation that Brian Burke is positioning himself to extend an offer sheet – perhaps to long-rumoured target, 22-year-old winger Phil Kessel – after swapping picks to recover the Leafs’ 2010 second round pick in a deal that would seemingly make little sense otherwise, there is another possibility to consider in regards to trade negotiations.