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.

Canada beats US 3-1 in women’s hockey Olympic tuneup

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SAN JOSE, Calif. (AP) — Haley Irwin and Sarah Nurse scored in the second period, sending Canada to a 3-1 victory over the United States on Friday night in the latest Olympic tuneup between the world’s top powers in women’s hockey.

Marie-Philip Poulin also scored for Canada, and Ann-Renee Desbiens made 25 saves.

Brianna Decker opened the scoring for the U.S. with a power-play goal early in the second. Alex Rigsby stopped 33 shots in defeat.

Poulin made it 3-1 with her goal 55 seconds into the third.

It was the fifth of six meetings between the rivals as they prepare for the 2018 Winter Games in South Korea. They play again Sunday night in Edmonton, Alberta.

Canada has won four of the five recent matchups, after the Americans took the series opener Oct. 22 in Quebec City.

”We just have to be better in the red zones – that’s the difference between winning and losing,” United States coach Robb Stauber said. ”We’ll give some focus and energy to some things we think we can do better, and we’re going to go into Edmonton and see what that end result looks like.”

The last four Olympic gold medals in women’s hockey have gone to Canada, but the U.S. has won seven of the past eight world championships.

The Buzzer: Eichel hat trick, Schneider robbery, Gaborik’s 1,000th game

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Players of the Night: 

Jack Eichel, Buffalo Sabres: Eichel ended a four-game goal-less drought with some authority on Friday. After scoring in the first period, Eichel watched as his Sabres blew a 2-1 lead to trail 4-2 with 10 minutes to go. Eichel then turned on overdrive, scoring twice in 10 seconds to tie the game and force overtime. Sadly, his efforts were in vain as the Carolina Hurricanes got the winner 2:15 into the extra frame. It’s Eichel’s first career NHL hat trick.

Brian Boyle, New Jersey Devils: What an inspirational story Boyle has been this year. On Friday, Boyle scored twice, including the game winner, to bring his goal total to eight on the season. His second of the night was also his 100th of his career.

Highlights of the Night:

Eichel showed a good bit of patience on his hat trick goal:

Cory Schneider committed robbery on this save:

Sam Gagner scored on a pretty backhand deke to give the Vancouver Canucks the win in overtime, ending a four-game losing streak:

Factoid of the Night: 

MISC: 

Scores: 

Hurricanes 5, Sabres 4 (OT)

Devils 5, Stars 2

Rangers 4, Kings 2

Red Wings 3, Maple Leafs 1

Canucks 4, Sharks 3 (OT)


Scott Billeck is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @scottbilleck

Melnyk threatens to move Senators if ‘disaster strikes’

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If you’re looking for someone to spoil an upcoming function, you may want to give Ottawa Senators owner Eugene Melnyk a call.

On the eve of the Senators’ outdoor game against the Montreal Canadiens at Lansdowne Park in Ottawa, and on the night when Ottawa’s greats from yesteryear took the ice with Parliament Hill as a backdrop, Melnyk did his best to steal the spotlight from the NHL 100 Classic on Saturday.

Speaking to reporters, Melnyk threatened to pull the plug in Ottawa and relocate the team if disaster struck.

“If it becomes a disaster, yes,” Melnyk said. “If you start not seeing crowds showing up, yes. But, for now, we are on the cusp of doing OK.”

The doom and gloom continued, with Melnyk suggesting he isn’t going to waste a “lifetime of working hard” to support the Senators.

“It’s not going to happen,” he said. “The bigger question is whether I’m prepared to blow all that money I made over many years in a different industry in a different country. How long can you underwrite a team?”

Melnyk reiterated that he’s not looking to sell the team, a statement he made earlier this week in the Ottawa Sun, and used McDonald’s as an example on Friday. 

“It won’t. It just won’t happen,” he said. “It’s a franchise. Imagine if you own a McDonald’s franchise, but you can move it. But why would you sell it? It’s something that’s very difficult to buy.

We’re doing OK here. Not great, but we’re doing OK. It’s just too much fun. What else do you do? I’m a Canadian. I’m a hockey fan, fanatically a hockey fan, and I couldn’t think of anything better to do.”

Melnyk said the Senators have “cut everything to the bone,” saying the Senators have one of the thinnest management groups in the league.

“We want to keep and maintain great players,” he said. “You can’t keep spending at the top end and getting the lowest revenues. It doesn’t work.”

According to CapFriendly, the Senators are at just over $73 million in projected cap space.

Melnyk called the Senators disaster on the ice this season a “crappy streak” that every team goes through.

“We have way too much talent with this team not to perform,” he said.

When asked if his comments on Friday could take away from the luster of the event taking place in Canada’s capital this weekend, Melnyk said no.

“It keeps the newspapers selling and the radio people listening,” he said.


Scott Billeck is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @scottbilleck

Marian Gaborik plays game No. 1,000 on Friday

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Marian Gaborik has already hit two milestones that end in double zeroes this season.

On Friday night, and at the world’s most famous arena, he hit his first that ends in three.

Gaborik took to the ice at Madison Sqaure Garden in his 1,000th NHL game as the Los Angeles Kings took on the New York Rangers.

It’s not a bad backdrop for the veteran of 19 NHL seasons.

Gaborik played 255 games with the Blueshirts between 2009 and 2013, hitting the 40-goal plateau twice and recording his career-best season in 2009-10, scoring 42 goals and adding 44 helpers for 86 points in 76 games played.

Gaborik has only played 11 games this season after starting the year on the shelf with a knee injury. Gaborik only returned to the lineup on Nov. 24, but he set two milestones in his return, hitting 400 career NHL goals and 800 career NHL points earlier this month.

Coming into Friday’s game, his stat line read 800 points in 999 NHL games.

As Sportsnet’s Mike Johnston points out, perfect symmetry could be achieved if Gaborik finishes with a plus-one in the plus-minus column in the game and he is held without a point.

I’m sure he’d rather have a new puck to add to his mantle… but think of the stats, Marian.

UPDATE: He didn’t think of the stats. 


Scott Billeck is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @scottbilleck