Should the NHL be upset with the structure of Brad Richards’ new contract?

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The New Jersey Devils signed Ilya Kovalchuk to two contracts last summer. The first (rejected) one included a few final seasons with salaries that ran in such stark contrast to the first, big-money campaigns that the NHL took a stand.

After permitting numerous contracts that included final years with such small salaries that one can only assume that the two sides had “wink, wink” retirement agreements, the league would not validate the first version of Kovalchuk’s ridiculous deal. The NHL eventually ratified an amended version of Kovalchuk’s contract, but it came at a price. The Devils were fined $3 million for their shenanigans, lost their 2011 third round pick and must give up a first round pick in one of the next three years (they could have given that up this year, but they wisely chose not to and ended up landing defenseman of the future Adam Larsson).

In a way, the NHL “made an example” of the Devils, but it seemed a lot like grade school moments in which the most rambunctious child gets all the peddling even though he’s far from the only person who misbehaves. If the league is truly upset with those types of deals, they cannot be very happy with the structure of Brad Richards’ boffo deal with the New York Rangers.

With the help of Gord Miller’s report, here is the year-by-year structure of yet another cap-circumventing contract.

2011-12 season: $12 million ($10 million signing bonus, $2 million salary)
2012-13 season: $12 million ($8 million signing bonus, $4 million salary)
2013-14 salary: $9 million
2014-15 salary: $8.5 million
2015-16 salary: $8.5 million
2016-17 salary: $7 million
2017-18 salary: $1 million
2018-19 salary: $1 million
2019-20 salary: $1 million

Here is how Ilya Kovalchuk’s rejected contract would have looked.

2010-11: $6 million
2011-12: $6 million
2012-13: $11.5 million
2013-14: $11.5 million
2014-15: $11.5 million
2015-16: $11.5 million
2016-17: $11.5 million
2017-18: $10.5 million
2018-19: $8.5 million
2019-20: $6.5 million
2020-21: $3.5 Million
2021-22: $750,000
2022-23: $550,000
2023-24: $550,000
2024-25: $550,000
2025-26: $550,000
2026-27: $550,000

Now, there are a few things that make the Kovalchuk deal worse.

1. The bottom falls out of Richards’ deal in the last three years while Kovalchuk’s rejected contract featured a whopping six-year window in which one would assume he would retire.

2. Imagining Kovalchuk playing for $750K or $550K is slightly tougher to stomach than Richards playing for $1 million in the two players’ twilight years.

That being said, Kovalchuk’s deal is almost twice as long as Richards’ contract. In the grand scheme of things, there’s the same slap-you-in-the-face obviousness to the cap circumvention. Maybe the Rangers’ deal seems a little bit closer to reality, but the goal seems pretty much the same. There’s no real effort to disguise the drop in Richards’ deal when you look at the $6 million drop from his 2016-17 salary to his 2017-18 take-home.

For the sake of argument, here is the structure of the Kovalchuk deal the NHL reluctantly accepted.

2010-11: $6 million
2011-12: $6 million
2012-13: $11 million
2013-14: $11.3 million
2014-15: $11.3 million
2015-16: $11.6 million
2016-17: $11.8 million
2017-18: $10 million
2018-19: $7 million
2020-21: $4 million
2021-22: $1 million
2022-23: $1 million
2023-24: $1 million
2024-25: $3 million
2025-26: $4 million

Ultimately, it looks like the Richards deal will narrowly conform to the CBA amendments that the NHL and NHLPA hashed out after the Kovalchuk situation blew up. Richards deal goes now lower than $1 million, which seems to be the mark that will keep the league at bay.

That being said, the Richards deal basically shoves the letter/spirit of the law into the shredder. This must be a great sign for the Tampa Bay Lightning and Los Angeles Kings, at least if they intend to sign their respective restricted free agents Steven Stamkos and Drew Doughty to “lifetime contracts.” If the league lets this stand, it’s clear that last year’s work didn’t close a loophole; it just make the loophole a little smaller.

Katie Bieksa enlists husband Kevin, other Ducks to promote book (shirtless)

via Kevin Bieksa's Twitter feed
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Katie Bieksa, wife of Anaheim Ducks defenseman Kevin Bieksa, found herself in a bind after he was traded from the Vancouver Canucks. With extenuating circumstances keeping her from working normally, she wrote a novel … and decided to promote it in a brilliant way.

AJ Manderichio of the Ducks website provided an in-depth look at Katie Bieksa’s experience writing “Newport Jane,” which Bieksa compares – in some ways – to “Desperate Housewives.”

Which seems like a convenient segue to mention one way of hyping up the noveal: “Hot Guys Reading My Book” on Instagram.

It started with Kevin, although Katie told Manderichio that it required some negotiating.

“These guys are looking for opportunities to show off their summer bodies. They were volunteering, and that’s where the idea came from,” Katie says. “There was someone – it may have been Kevin – who said ‘I am NOT going to take a picture with your book,’ and I said ‘Oh yes you are.’

“When he said he would do it, the rest of the guys did. They’ve all been so supportive, and that’s such a nice feeling. It is a community, and you do depend on each other. It’s so nice to have that support, bear down and take the picture.”

Good stuff.

Kevin’s caption really sold it “Yes this is how I usually read.”

As you can see on the Instagram feed, noted pest Ryan Kesler also “contributed,” but Andrew Cogliano‘s missing teeth stole the show.

Here is part of the “Newport Jane” summary on Amazon, which in a just world would inspire people to call Kevin Bieksa “the cardiac surgeon.”

From the outside, Ellen has it all: a glamorous new life in a sun-soaked city more like a movie set than the small Northern town where she grew up, and her very own McDreamy. But being married to a gorgeous, brilliant cardiac surgeon also means standing in his shadow, putting aside her dreams to follow his—and having way too much time home alone to think about how much she’s given up to follow him to California.

Don’t worry, there probably won’t be a spin-off involving shirtless blogging.

Flames hand Hathaway a two-way deal

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The Calgary Flames signed forward Garnet Hathaway to a one-year, two-way contract on Thursday.

Hathaway, 25, earned some reps on the team despite being undrafted.

Here’s how his NHL work looks so far:

2015-16: three assists, 31 PIM in 14 games played.
2016-17: one goal, four assists, 44 PIM in 26 GP.

If the penalty minutes didn’t make it obvious, Hathaway is the “rugged” type. He’s already provided some snarly action shots against the Flames’ rivals, as you can see below and in this post’s main image.

via Getty

He clearly makes friends quickly.

The Flames celebrated his first – and so far only – NHL goal after the signing.

Penguins are ‘prepared to go to arbitration’ with Sheary, Dumoulin

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Earlier today, PHT discussed how the Pittsburgh Penguins might take advantage of robust cap space to replace Nick Bonino. Of course, that cap space could really start to dry up depending upon how things go with RFAs Brian Dumoulin and Conor Sheary.

At the moment, both are heading toward salary arbitration hearings, with Dumoulin’s scheduled for July 24 while Sheary is slated for Aug. 4.

Both situations are pretty tricky, so it’s not too surprising that GM Jim Rutherford admitted to the Pittsburgh Post-Gazette’s Jason Mackey that the hearings will “probably” happen.

“We’re prepared to go to arbitration,” Rutherford said.

There’s still time – especially for Sheary – yet both hearings could be especially interesting considering the variety of different ways you can break down their value.

Dumoulin: strong defense, weak offense (so far)

Hockey Buzz’s Ryan Wilson and FanRag’s Dave Holcomb both went pretty deep on what Dumoulin might be worth, as did Matt Cane. The disparity is pretty interesting; Cane puts Dumoulin at about a $2.5 million value, Wilson proposes a five-year, $15M deal, and Holcomb wonders if Dumoulin could be worth as much as $5 million per season.

Dumoulin’s reps might point to Olli Maatta as a handy comparable, although that comparison falls flat from simpler (i.e. Dumoulin not producing as much offense) and fancier perspectives. Sometimes it’s pretty plain to see HERO charts smiling upon one player more than the other.

Still, both Dumoulin’s prominent use and his strong at-home work indicate that he’s worth a pretty penny, however many he’d receive.

While he generated 16 and 15 points during the past two regular season runs, Dumoulin saw solid ice time in both 2015-16 and 2016-17. That was especially true during the playoffs, as he averaged 21:31 per night in the 2016 run and 21:59 TOI during this last postseason.

Considering the waves of injuries the Penguins endured during the 2017 Stanley Cup Playoffs in particular, Dumoulin really showed his importance to the team.

Now, will those details matter as much as weaker counting stats? We’d find out if Dumoulin’s hearing actually took place.

Sheary’s sheer luck

Somewhat amusingly, Conor Sheary is almost in the opposite situation.

If you look at his simple stats, Sheary could argue for a pretty nice little raise.

While his 2015-16 numbers are modest, he really took advantage of his time alongside Sidney Crosby this past season, scoring a remarkable 23 goals and 53 points … in just 61 regular-season games. That would be about 71 points over an 82-game span.

His postseason numbers weren’t as great (seven points in 22 contests after 10 in the previous run), but one could imagine a solid argument made on the 25-year-old’s behalf considering that 23-goal output.

Of course, the Crosby effect was significant. Sheary spent 697 of his 836 even-strength minutes with Crosby, while only spending 139 minutes without him last season. To his credit, Hockey Analysis’s numbers reveal that Sheary at least maintained decent possession numbers in those rare moments without number 87, but the sample size is too small to refute claims that Sheary was Jonathan Cheechoo to Crosby’s Joe Thornton.

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Ultimately, it’s tough to tell how much each player is worth, which might explain why arbitration hearings may just need to happen. Such hearings would be fascinating, though both the players and the Penguins would likely experience some serious nerves.

Report: Predators avoid arbitration … with Marek Mazanec

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The Nashville Predators avoided salary arbitration in at least one case on Thursday, but it wasn’t the biggest name they were worried about.

FanRag’s Craig Morgan reports that Marek Mazanec settled for a one-year deal worth $650K at the NHL level and $100K in the AHL.

That two-way split is quite relevant, as Mazanec probably comes in fourth on the Predators’ goalie depth chart behind Pekka Rinne, Jusse Saros, and Anders Lindback. Actually, with Matt O’Connor in mind, Mazanec may even come in at fifth.

One interesting wrinkle is that Lindback gets the same $650K at both levels while Saros and Mazenec see different salaries depending upon where they are, according to Cap Friendly’s listings. From a sheer financial standpoint, that might give Lindback some fuel to push as Rinne’s backup, though Saros is already pushing for starts after strong showings in 2016-17.

It’s not the easiest situation for Mazanec, but credit Predators GM David Poile for giving his team plenty of options in net. Both Mazanec and Lindback saw elevated action when Rinne was hurt in 2013-14, so these situations can change quickly at times.

Mazanec was the least crucial of the Predators’ three salary arbitration situations, as Viktor Arvidsson‘s hearing is scheduled for Saturday (July 22) while Austin Watson is set for Monday (July 24). Arvidsson emerged as a legitimate first-line winger last season, so that will be a significantly trickier situation for the Predators.

For more on Arvidsson’s situation, click here.