One of the fun parts of living in a salary cap world in the NHL is that sometimes you have to pay for contract bonuses and time served on the long-term injured reserve at some point. If you’re the Chicago Blackhawks, it’s huge bonuses paid out to superstars that met qualifiers in their contracts for winning the Stanley Cup. The folks at CapGeek.com show us the damages.
The Chicago Blackhawks aren’t the only team operating with a significant reduction of their 2010-11 cap space courtesy of performance bonuses.
Sources tell capgeek.com nine teams will face a cap reduction this coming season because performance bonuses earned pushed them past the upper limit in 2009-10. The Blackhawks lead the way by a long shot at an estimated $4.15 million, but the Boston Bruins and Toronto Maple Leafs are getting hit hard too.
The price of success is a big one for the Blackhawks. Instead of getting to spend to the cap at $59.4 million, their “cap” for the upcoming season is set at $55.25 million thanks to having $4.15 million tied up with a penalty. Thankfully, the guys at CapGeek have figured all that math out for us and show that the Blackhawks have a little less than $4 million to spend to try and get at least restricted free agents defenseman Niklas Hjalmarsson and goalie Antti Niemi signed.
The Bruins and Maple Leafs are the other teams suffering significant penalties as the Bruins have almost $2 million tied up with penalties and the Leafs have $1.4 million gone thanks to bonus payouts. Somehow, someway a team that finished 29th in the NHL managed to hand out more than $5 million in bonuses. Apparently failure is richly rewarded.
As for the rest of the run down, here it is.
1. Chicago Blackhawks, $4,157,753
2. Boston Bruins, $1,759,795
3. Toronto Maple Leafs, $1,400,000
4. Edmonton Oilers, $354,500
5. San Jose Sharks, $327,500
6. Vancouver Canucks, $90,000
7. Pittsburgh Penguins, $83,979
8. Montreal Canadiens, $68,751
9. Detroit Red Wings, $50,000
If any of the other six teams on this list are really hampered by these
penalties, perhaps it’s time to hire a new capologist.
Brian Dumoulin won’t need his arbitration hearing today.
The Pittsburgh Penguins announced this morning that the 25-year-old defenseman has agreed to terms on a six-year contract with a $4.1 million cap hit.
From the press release:
Dumoulin, 25, has been a key component to the Penguins’ back-to-back Stanley Cup championships, as he played in all 49 playoff games in that span, and recorded 14 points (3G-11A). In the 2017 playoffs, Dumoulin had an average ice time of 21:59 minutes, the most of any Penguins skater, and his plus-9 paced all team defenders. He assisted on Carl Hagelin‘s empty-net goal that sealed the 2-0 victory in the decisive Game 6 of the Cup Final against Nashville.
Dumoulin is coming off of a contract that paid him just $800,000 in each of the past two seasons.
With Dumoulin signed, Pittsburgh now has five defenseman under contract for at least the next three seasons, the other four being Kris Letang, Justin Schultz, Olli Maatta, and Matt Hunwick.
The Pens still have one more arbitration case in forward Conor Sheary. His hearing is scheduled for Aug. 4.
Related: Without Letang, the ‘simple bunch’ gets it done for Penguins
The Ottawa Senators have added some depth to their blue line, as they’ve signed Johnny Oduya to a one-year deal that comes with a base salary of $1 million.
Interestingly enough, Oduya can earn another $1.25 million in performance bonuses (games played, time -on-ice, playoff bonuses), per the Sens’ Twitter account.
The 35-year-old started last season with the Dallas Stars, but he was traded back to the Chicago Blackhawks on Feb. 28.
Oduya finished the 2016-17 season with two goals, seven assists and a minus-4 rating in 52 games. He also played in all four the Blackhawks’ playoff games (he had no points and a minus-3 rating in the postseason).
The Senators lost defenseman Marc Methot to the Vegas Golden Knights in the expansion draft, and they didn’t replace him with a free-agent signing until now.
As of right now, Ottawa has Erik Karlsson, Dion Phaneuf, Cody Ceci, Mark Borowiecki, Chris Wideman, Fredrik Claesson and Oduya on the back end (only Phaneuf and Karlsson are under contract beyond 2017-18). Top prospect Thomas Chabot could also make the team with a solid training camp.
The Winnipeg Jets took care of some important business on Monday morning, as they re-signed goalie Connor Hellebuyck to a one-year, $2.25 million contract.
The two sides were scheduled to have an arbitration hearing on Aug. 1, but as expected, they were able to hammer out a deal before reaching that point.
After being selected in the fifth round of the 2012 draft, Hellebuyck quickly became one of the best prospects in the Jets’ system.
The 24-year-old made his NHL debut in 2015-16. He posted 13-11-1 record with a 2.34 goals-against-average and a .918 save percentage. In 2016-17, he appeared in 56 games and finished with a 26-19-4 record, a 2.89 goals-against-average and a .907 save percentage.
Even though Hellebuyck will be back next season, the Jets will have a different look between the pipes. On July 1st, they inked Steve Mason to a two-year contract worth $8.2 million.
As has been the case over the last couple of seasons, Winnipeg will continue to have a crowded crease. On top of having Mason and Hellbuyck under contract, Michael Hutchinson still has one year left on his deal at $1.15 million.
It’ll be interesting to see how head coach Paul Maurice divides starts between Hellebuyck and Mason (assuming both are completely healthy).
Mason played in 58 games with the Flyers last season and he’s making almost double what Hellebuyck is making for now.
–Penguins defenseman Kris Letang had his day with the Stanley Cup, and he decided to bring it to a children’s hospital in the Montreal area. Even though he missed the playoffs with an injury, the hospital visit put things in perspective for him. (Canadian Press)
—Jordan Eberle may not be a member of the Edmonton Oilers anymore, but that didn’t stop him from having a good time at his wedding with some of his old teammates. Country music star Brett Kissel also made an appearance during Eberle’s big night. (Sportsnet)
–Flyers center Claude Giroux has seen his production decrease over the last three seasons, and CSN Philly is wondering if it’s time to worry about the captain. Some of the CSN Philly writers are a little more optimistic about his odds of bouncing back than others. (CSN Philly)
–The Montreal Canadiens want fans to stop using printed tickets, so they’ve decided to charge season-ticket holders a $150 plus taxes fee to have a ticket booklet sent to them. Obviously, some fans aren’t thrilled about the additional charge for “hard” tickets. “They don’t think about this stuff. And if you read the letter, you’ll see that they just jammed it at the bottom of the letter with this nice little surprise. (Montreal Gazette)
–CSN New England’s Joe Haggerty looks at which available free agents would be the best fit for the Boston Bruins. Haggerty believes that taking a chance on Eric Gelinas could be worth the risk, but he also feels like a reunion with Jarome Iginla or Jaromir Jagr could make some sense. (CSN New England)
–The Chicago Blackhawks held a press conference on Saturday, but there was a catch. Only children were allowed to ask questions to players like Patrick Kane, Connor Murphy and Nick Schmaltz. Questions ranged from “How do you feel with the other team on the ice?” to “What is the best prank you did on a player?” Cute stuff. (Chicago Tribune)