Those 'lifetime' contracts aren't as fool-proof as they seem

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dipietro.jpgWho can forget the howls of derision from just about every corner of the hockey globe when people got wind of the 15-year, $67.5 million contract the New York Islanders handed to then-franchise goalie Rick Dipietro? Surely, much of that mockery came because of their history of dumb deals (just look at Alexei Yashin’s still-ridiculous buyout) and the fact that – while he helped the team limp its way into the playoffs – Dipietro fell short of the upper crust of NHL goalies. Even at that moment of time.

Still, it’s clear to me that GM Garth Snow was a trailblazer that day. While he might not have “invented” the lifetime deal, his signing has become the template for many deals since that time. From Nicklas Backstrom to the rumored 17-year, $100 million deal some are saying the Devils signed Kovalchuk for, the common loophole is to fudge cap hits with unrealistically long contract terms.

Have we not learned anything from the disaster that was Vince McMahon’s 20-year contract with Brett “The Hitman” Hart? (Note: referencing professional wrestling is always appropriate in big picture discussions, especially on subjects of metaphysics, the meaning of life and the figure-four leglock.)

Anyway, all joking aside, these lifetime deals aren’t quite as fool-proof as they might seem. Don’t get me wrong, it’s great to reduce the cap impact of a star player – after all, a lower cap hit means that you can improve their chances of success by surrounding them with more talent.

The problem lies in two areas, one tangible and one that’s difficult to measure.

When you sign a guy for that many years, injuries are an enormous risk. Even if you consider moderate loopholes like the injured reserve and the fact that retirement can help a team avoid a cap hit (if the player didn’t sign a contract at 35 or older), not all injuries are severe enough to force a quick retirement decision. Perhaps a knee injury might not keep a guy off the ice, but instead slow him and bump that player out of “elite” status. Old age and concussions can also greatly reduce a player’s effectiveness. Case in point: Dipietro

Health isn’t the only worry, though. I’m a big believer in the natural inspirational effects of a contract year and a 10+ year contract is the antithesis of that mojo. You can’t even really beat up a player for slowing down ever-so-slowly without that monetary carrot dangling. After all, it’s human nature; you’re much less likely to put your body on the line when you won’t see one extra zero in your pay check either way. Maybe it’s coincidence, maybe not, but there are only a handful of players who were successful once they signed big deals. Case in point: Roberto Luongo’s first year as the Canucks captain, Albert Haynesworth in the NFL, every Khabibulin/Huet/Theodore season that wasn’t a contract year.

Now, it’s far from official that Kovalchuk signed a 17-year deal. It is, after all, a rumor. Still, it wouldn’t be that surprising; it’s obvious that NHL general managers are milking that cap hit loophole for all its worth.

My question is: will they end up looking smart 10 years into such deals? I have some serious doubts about that.

The Buzzer: Malkin paces Penguins, Vegas keeps on winning

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Player of the night: Evgeni Malkin

Evgeni Malkin helped get things started for the Pittsburgh Penguins at Madison Square Garden on Tuesday, and then he finished the game off with the overtime winner to send the New York Rangers to a fourth consecutive loss.

Malkin scored once, added three assists and even dropped the gloves in a 5-4 overtime victory, as the Penguins came back with a late — and crafty — third period goal from Sidney Crosby.

Talk about the Penguins being opportunistic on the winner. Off a defensive zone faceoff win for the Rangers, Ryan McDonagh made a terrible giveaway right beside his own net, giving the puck to Phil Kessel, who slipped it over to Malkin for the quick one-timer.

Highlight of the night:

There were a few candidates for this tonight. Phil Kessel once again showed off that tremendous wrist shot. Thomas Vanek decided to blast a slap shot on a breakaway, going post and in against the Senators. Nikita Kucherov had a perfect shot against Cory Schneider after previously setting up teammate Vladislav Namestnikov for a pretty goal versus the Devils. Yes, there were a few options.

But, we’ll go back to Winnipeg for this one. Blue Jackets forward Cam Atkinson not only protects the puck from Jacob Trouba on the breakaway, but then dekes out Steve Mason with the move to the forehand.

Factoid of the night:

The Vegas Golden Knights won again, giving them a 5-1 record to begin their inaugural season. That puts them in elite company.

Scores:

New Jersey 5, Tampa Bay 4 (SO)

San Jose 5, Montreal 2

Pittsburgh 5, New York 4 (OT)

Philadelphia 5, Florida 1

Toronto 2, Washington 0

Vancouver 3, Ottawa 0

Nashville 4, Colorado 1

Columbus 5, Winnipeg 2

Dallas 3, Arizona 1

Vegas 5, Buffalo 4 (OT)

Carolina 5, Edmonton 3

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Cam Tucker is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @CamTucker_Sport.

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Sharks send Habs to their fifth straight loss

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Make that five straight losses for the Montreal Canadiens.

Jonathan Drouin had a goal and an assist on Shea Weber‘s power play blast, giving the Habs center a two-point night. That’s one of the few bright spots, as Montreal lost by a score of 5-2 to the San Jose Sharks on Tuesday.

This was a battle of two teams struggling to start the new season, with each sitting on only one victory. For the Habs, that victory was back on Oct. 5 in their season opener against Buffalo.

Since then, however . . .

And it isn’t about to get any easier for the Habs. This was the start of a stretch that includes three games in four nights against the bruising California teams — the Sharks tonight, the Kings tomorrow, and the Ducks on Friday. It could still get worse before it gets better.

For the Sharks, who were led Tuesday by Logan Couture‘s four-point performance and Joe Pavelski‘s first goal of the season, they end their five-game home stand on a positive note after losing three of the previous four games.

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Cam Tucker is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @CamTucker_Sport.

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Wayne Simmonds leaves Flyers game for ‘precautionary reasons’ with lower-body issue

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The Philadelphia Flyers earned a 5-1 win over the Florida Panthers on Tuesday, thanks to a four-goal outburst in the second period.

And Philly forward Wayne Simmonds earned a decision over Micheal Haley in a quick fight during that middle frame, too.

While the Flyers got the win, the news wasn’t all good with respect to Simmonds, however, as he was removed from the game for precautionary reasons because of a lower-body issue, the team announced.

Beyond that, the Flyers said they will know more about his status by either tomorrow or Thursday. That puts a bit of a damper on the win.

Not only is the 29-year-old Simmonds one of the toughest players in the league, unafraid to drop the gloves or throw big hits from time to time, but he’s an important part of Philadelphia’s offensive attack, as well. A productive member of the power play, he’s flirted with the 30-goal mark on three occasions while in Philly and reached that mark in each of the past two seasons.

And he’s done that on a contract that includes an annual cap hit of just under $4 million.

Simmonds was also off to a strong start in 2017-18 with five goals and seven points in six games.

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Cam Tucker is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @CamTucker_Sport.

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Rangers’ losing streak continues with OT defeat vs. Penguins

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The New York Rangers needed a win.

Their slow start is among the surprises early this season, as the Rangers have now lost four in a row with only one win to their record through seven games so far. They’ve had trouble scoring. Mistakes at inopportune moments have been costly.

Facing the Pittsburgh Penguins on Tuesday, the Rangers had a brutal start and a brutal finish in a 5-4 overtime loss to their Metropolitan Division foes.

Phil Kessel scored just 43 seconds into the game, utilizing that dangerous wrist shot off the rush to beat Henrik Lundqvist top corner. By the end of one period, it was 2-0 Pittsburgh.

Despite a second-period comeback, with three goals in under three minutes, and taking the lead in the third period, the Rangers couldn’t hang on and the Penguins won in overtime.

Sidney Crosby scored a crafty tying goal with only 56 seconds remaining in regulation, waiting for the Rangers defender to touch the puck negating what would’ve likely been called a hand pass on Pittsburgh before firing a no-look backhander toward the net from behind the red line. The puck deflected in off Lundqvist, helping send this one to overtime.

Evgeni Malkin capped off a four-point night with the overtime winner.

“Right now it’s a little bit challenging as far as putting a whole game together for us,” said Rangers coach Alain Vigneault following the game. “But this group is very accountable … and I’m very confident that if we keep doing a lot of the things we’re doing right now, we’re going to be on the right track.”

A trio of Rangers recorded their first goals of the season. That included David Desharnais, Michael Grabner and Pavel Buchnevich, although the latter played less than 10 minutes on Tuesday, despite nearly four minutes in power play time, and of course the goal.

The Rangers host the New York Islanders on Thursday. Another loss, and one has to wonder how hot the seat may be getting under Vigneault.

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Cam Tucker is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @CamTucker_Sport.

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