While many players with egregiously long contracts get nervous about whether or not the NHL will come calling to see if their contract will get looked at a little closer, Vincent Lecavalier of the Tampa Bay Lightning doesn’t have to worry about anything. Damian Cristodero of the St. Petersburg Times gets the information that Lecavalier’s 11-year $85 million deal with the Lightning is A-OK according to the NHL.
Some have wondered if Vinny Lecavalier’s 11-year, $85 million contract extension should be scrutinized as well. But NHL deputy commissioner Bill Daly wrote in an e-mail Tuesday that the league has “no issue with (Lecavalier’s) contract.”
Lecavalier’s contract with Tampa Bay is one that raised more than a few eyebrows with people because it pays him $10 million a year in the first seven years of the eleven-year deal; a stunning amount to say the least and one that puts him in rare company making eight-figures a year (Roberto Luongo being the only other one). So what makes Lecavalier’s different from the others? Cristodero elaborates.
Lecavalier’s deal also is front-loaded, but the reduction in salary is not nearly as dramatic and for not nearly as long. Lecavalier, whose cap hit is $7.727 million, makes $10 million the first seven years, $8.5 million in the eighth, $4 million in the ninth, $1.5 million in the 10th and $1 million in the 11th. If he plays out the contract, he will be 39 years old when the 2019-2020 regular-season ends. Kovalchuk would be 44 if he played to the end of his deal. Not that it can’t happen, but the arbitrator noted that only six of 3,400 players during the past 20 years have played to 42.
In other words, Lecavalier’s deal, while reducing the cap hit, does not go to extremes. Lecavalier also has played one year under the deal, which means it would be more difficult for the league to revisit the circumstances. That is the problem the NHL may run into with Hossa’s 12-year, $62.8 million deal that kicked in last season, pays $7.9 million annually the first seven years, has a cap hit of $5.23 million and pays $3.5 million total the last four years.
Having already played a year with the contract is very likely to prove to be a saving grace for both Lecavalier and Hossa, and it helps that Lecavalier’s deal isn’t a complete mockery of the system. The same can’t quite be said of Hossa’s contract, but at least Vinny has Big Brother off of his back now. That said, the kind of money drop-off you see in Lecavalier’s contract from its highest peak to its lowest valley is pretty remarkable. At the contract’s peak he makes $10 million in a season, in the final year he makes just $1 million. Seeing your salary fall by $9 million over the course of four years is pretty harsh but apparently perfectly acceptable in the eyes of the league. I’m sure Ilya Kovalchuk’s agent Jay Grossman is paying very close attention to this.
The New York Islanders made a splash on Friday, signing veteran forward Cal Clutterbuck to a five-year, $17.5 million extension — one that carries a $3.5 million average annual cap hit through 2023.
Clutterbuck, 29, has two goals and nine points through 25 games this year, while averaging 15:26 TOI per night (his highest average since joining the Isles four years ago). As per usual, he leads the club in hits — one of the staples of his game — and serves as one of the club’s alternate captains.
This new contract represents a nice raise for the former Minnesota Wild man. His last contract, set to expire in July, was of the four-year, $11 million variety, and carried a $2.75 million cap hit.
This contract also resembles the one GM Garth Snow gave another of the club’s role forwards. This summer, Casey Cizikas signed a five-year, $16.75 million extension — one with a $3.35 million hit — despite the fact he’d never scored more than 30 points in a season, or averaged more than 14 minutes of ice time.
This style of spending — along with splashes made for free agent disappointments Jason Chimera and Andrew Ladd — is sure to raise some questions. The Isles opted not to spend that money on retaining two of their key players from a season ago, Frans Nielsen and Kyle Okposo, and the club has struggled to find its form through the first quarter of this year.
Don’t expect a big jump in next season’s salary cap.
“We’re not going to give out any numbers now,” NHL commissioner Gary Bettman said yesterday, per Yahoo Sports. “The cap could range from where it is now to a couple or so million up, but we’re all going to have to focus on what makes the most sense moving forward.”
The salary cap only went up slightly for the current season, from $71.4 million to $73 million. The only slight increase was due to the lower Canadian dollar, which negatively impacted last season’s league revenues by “$100 or 200 million,” Bettman said earlier this year.
The loonie has been holding relatively steady for around half a year. It’s currently worth $0.76 USD and has been helped by the recent oil rally.
A flat salary cap would be bad news for big spenders like the Chicago Blackhawks, who still need to get Artemi Panarin signed to an extension. The Los Angeles Kings could also be forced to make some tough decisions, as they’ve got Tyler Toffoli and Tanner Pearson in need of new deals. Ditto for the Pittsburgh Penguins, who have key RFAs in Brian Dumoulin, Justin Schultz, and Conor Sheary.
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Henrik Lundqvist has set such a high bar that his 12-8-1 record with a .912 save percentage is cause for great concern these days in New York.
That his backup, Antti Raanta, is 6-1-0 with a .932 save percentage only contributes to that concern, because if Raanta can manage those numbers, what’s Lundqvist’s excuse?
“I feel like I’m tracking the puck well, moving well,” Lundqvist told the Daily News. “It just comes down to some bad decisions at times that cost me.”
Indeed, December has not started well for The King. He’s allowed 10 goals in three starts for a save percentage of .894. In Tuesday’s 4-2 loss to the Islanders, his decision to poke check a loose puck led to the winning goal by Andrew Ladd.
But while this month has been a struggle, it should be noted that Lundqvist was mostly excellent in November. He finished with a .925 save percentage, including that 40-save victory on Black Friday in Philadelphia.
Which is to say, he has more than earned the benefit of the doubt. Since 2008-09, Lundqvist has not finished a season with a save percentage below .920, and that is a remarkable achievement.
Raanta was solid again last night in Winnipeg, where the Rangers beat the Jets, 2-1. A starting goalie for tonight’s game in Chicago has not yet been announced, but Lundqvist is a good bet.
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Kyle Connor is on his way to the minors.
On Friday, Winnipeg announced that Connor — the former Michigan Wolverines star taken 17th overall in 2015 — has been assigned to the club’s AHL affiliate, the Manitoba Moose.
Connor, 19, had just one goal and four points through 19 games this year, struggling to adjust to life at the professional level.
He’d been a healthy scratch for each of the Jets’ last six games and, prior to that, missed five games with an upper-body injury after getting nailed into the boards by L.A. forward Kyle Clifford.
The Jets are getting healthy up front, which further explains why Connor is on his way to the Moose. Bryan Little and Mathieu Perreault both recently returned from injury.