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.
Just six months ago many a grapevine was carrying rumor of NHL expansion while I lamented the integrity of a revenue bound salary cap. Even into the new season few had foreseen the sheer gravity of the global economic downturn and its impact on jobs, housing, businesses and every facet of life down to sport. Now as international markets stutter into a depression that many an analyst believe could change the face of modern capitalism forever, the NHL seems to remain steadfast in addressing itâ€™s minor successes as opposed to itâ€™s crippling and potentially devastating financial model.
The school break for Kindergarteners to University students; holiday vacation time for the employed; Christmas celebrations; and finally, the start of the IIHF World Junior Hockey Championships. December never feels the same without it.