Why restricted free agents don't see much action

marcstaal.jpgSo you’re a bit disheartened that things have slowed down on Day 2 of the free agency frenzy and you’re still wondering when Ilya Kovalchuk is going to either come to his senses or run away and hide with a huge contract. That’s understandable, but what gives with the lack of action for all of those restricted free agents (otherwise known as Group II free agents, full list found here) from teams that aren’t their own? Oh sure, we remember past offer sheets for Thomas Vanek and Dustin Penner drawing the ire of Darcy Regier and Brian Burke alike (and earning Kevin Lowe an instant enemy in Burke), but those were different, more spend-crazy times.

Now? The price for offering up an offer sheet to a player and having the team holding his rights giving that player away are steeper than you might understand, and not just from the standpoint of creating an instant front office enemy either. Say you’re interested in Bobby Ryan in Anaheim and want to fulfill his wishes for a short-term, big money deal. Or say you’re interested in the Rangers’ Marc Staal or the Wild’s Josh Harding, what will that cost your team should they end up signing with them? Depending on the salary, it could turn out to be really pricey.

OFFER                                         COMPENSATION

$1,020,348 or below                       None
Over $1,020,348 to $1,545,981        Third-round choice
Over $1,545,981 to $3,091,963        Second-round choice
Over $3,091,963 to $4,637,944        First-round and third-round choice
Over $4,637,944 to $6,183,925        First-round, second-round and third-round choice
Over $6,183,925 to $7,729,907        Two first-round choices, one second- and one third-round choice
Over $7,729,907                             Four first-round choices

If you’re looking for reasons why it’s harder for teams to justify going after restricted free agents, look no further than those compensation points. If a player only commands little in salary, you can likely find unrestricted players at similar salaries and don’t need to risk giving up the picks, or the compensation is so much that going after them may not be worth the risk at all.

Most restricted free agents available aren’t going to command a price of over $7.7 million dollars, so coughing up an astounding four first-round picks won’t be necessary. But what about the $5 million a year that Bobby Ryan wants? Would you want your team to give up a first, second and third-round pick to get him? That’s a tough call, one that requires you to believe that strongly in a player to pull the trigger on such a deal.

One fun part of that is that a team that doesn’t have their own picks to give as compensation cannot make an offer for a restricted free agent if they don’t have the picks to give up. That means a team like the Toronto Maple Leafs is immediately shut out from offering a RFA anything over $3,091,963 as the Bruins own their first round pick in 2011. A team can always get their picks back if they traded them away, but good luck making that work out for you.

Are there prime players out there worth taking a shot at? Definitely. Ryan and Staal are probably two of the most attractive players to shoot for, but is it worth the potentially bad PR and ugly media fight to get it done? A lot of teams won’t want to deal with the hassle, leaving it to be a somewhat unwritten rule, a “code” if you will, that you don’t vulture in on another team’s property. That said, if I was a GM with a highly-touted RFA to deal with, I’d keep my eye on that wily Kevin Lowe though… He seems to have a bit of a history for this thing.

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    Scary moment: Carlo Colaiacovo hospitalized with ‘dented trachea’

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    Buffalo Sabres defenseman Carlo Colaiacovo has experienced plenty of bad injury luck in his winding career, but Saturday presented one of his worst scares.

    As you can see from the video above, Colaiacovo received a scary cross-check from Viktor Arvidsson of the Nashville Predators, who received a major penalty and game misconduct.

    Sabres head coach Dan Bylsma said that Colaiacovo was hospitalized with a “dented trachea” yet is OK, the Buffalo News’ John Vogl reports.

    Frightening stuff from an eventual 4-1 Sabres win.

    PHT will keep an eye out for additional updates regarding Colaiacovo’s health (and a possible suspension for Arvidsson).

    Comeback Kings: Gaborik pulls L.A. past Kane, Blackhawks

    Jake Muzzin, Scott Darling

    Patrick Kane set an American scoring record, and added another assist to make it more impressive, but the Los Angeles Kings just wouldn’t be denied.

    In the end, Marian Gaborik‘s big night meant more than Kane’s; he scored the tying and then overtime game-winner, both assisted by Anze Kopitar, for a rousing 4-3 overtime Kings win.

    Gaborik’s first goal:

    And here’s video of the OT-GWG:

    Noticing a theme tonight? Yeah, it’s been an evening in which it’s dangerous to assume a lead would stand.

    With that, the Kings stick to the No. 1 spot in the Pacific Division, but Chicago shouldn’t feel all bad. The Blackhawks were able to piece together a decent run during their dreaded “circus trip.”

    Patrick Kane’s streak hits 19 games, setting a new American record


    When it comes to point streaks for U.S.-born NHL players, Patrick Kane now stands alone.

    With a power-play goal early in Saturday’s Blackhawks – Kings game, Kane extended his streak to 19 games, breaking a tie with Phil Kessel and Eddie Olczyk (who finished with at least a point in 18 straight).

    As of this writing, Kane has 11 goals and 19 assists during this 19-game streak. He also leads the NHL in scoring.

    Bobby Hull’s 21-game point streak stands as the Chicago Blackhawks’ overall team record, by the way.

    So, how would you protect a lead against the Stars?


    You know what they say: it’s easy to bash a strategy in hindsight.

    Slam that NFL head coach for going for it on fourth down … or settling for the field goal. Bury that MLB manager because he kept a pitcher in too long. And so on.

    “Score effects” settle in during almost any lopsided hockey game, yet the Dallas Stars present quite a conundrum: what’s the best way to put a way a team with this much firepower?

    Tonight may have presented the greatest evidence that this team won’t go away easy, as it seemed like the Minnesota Wild had the best of a tired Stars team* when they built a 3-0 lead.

    Instead, the Stars scored three third-period goals while Tyler Seguin capped the comeback with an overtime-winner.

    It was one of those bend-and-then-break moments for Minnesota. Dallas generated a 44-26 shot advantage, including a ridiculous 35-15 edge in the final two periods.

    Does that mean that Mike Yeo may have tried to play too conservatively with a healthy lead? It’s a possibility.

    On the other hand, would the Wild be wiser to try to run-and-gun with one of the most dangerous offenses in the NHL?

    It sure seems like a pick-your-poison situation. Which way would you lean, though?

    * – To be fair to Minnesota, each team was on back-to-backs.