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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.

Eaves to stick with Benn, Seguin on Dallas’ top line

Patrick Eaves, Jonas Hiller
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Patrick Eaves‘ cameo alongside the dynamic duo of Jamie Benn and Tyler Seguin looks like it’ll continue at least one more game.

Eaves, who along with Benn assisted on Seguin’s goal in Saturday’s loss to Chicago, practiced on Dallas’ top line today and should be there tomorrow when the Stars take on the Wild.

“Seguin, Benn and Eaves were in on 11 chances [Saturday against Chicago],” head coach Lindy Ruff explained, per the Stars’ website. They could have three or four [goals]. They should have had three or four. We missed too many good opportunities.”

This latest development is a positive in what’s been a tough year for Eaves. He was hurt early in the season after an awkward fall against the Oilers — a game in which he opened on the club’s top line, next to Benn and Seguin.

All told, he has just three goals and six points in 33 games.

Last year, Eaves was plagued with concussion issues but still managed to produce well, scoring 14 goals and 27 points in just 47 games.

After re-upping in Winnipeg, Byfuglien says leaving ‘never really crossed my mind’

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There was some speculation Dustin Byfuglien would be out of Winnipeg by the Feb. 29 trade deadline or, failing that, when free agency hit on July 1.

But according to him, leaving was never really an option.

“I’ve been here five years and from where we’ve started and where we’re at now, I don’t feel as an organization or a group that we’re far off,” Byfuglien told TSN 1290 on Monday, after inking a big five-year, $38 million extension with the Jets. “My family and I have found Winnipeg nice, and we’re very happy to stay here.

“It never really crossed my mind of going anywhere, and I’m excited to be a Jet.”

Prior to this extension, though, some thought leaving had definitely crossed Byfuglien’s mind.

Back in mid-December, the Free Press reported his initial ask was a whopping eight-year, $55 million deal. Some viewed that as his first potential step out the door.

It would’ve been big money and a lot of term for the Jets to commit, especially given 1) Byfuglien is 30, 2) the team still hasn’t signed captain Andrew Ladd, and 3) the club has some prized youngsters that need new deals this summer, specifically Mark Scheifele and Jacob Trouba. (In that same Free Press report, Trouba’s ask was $56 million over eight years.)

Then, there was Byfuglien at All-Star weekend.

When asked about his future — sign, trade or head to free agency? — Byfuglien said he had “no problem” with Winnipeg, adding “I just want to put on a jersey, to be honest with you.”

Some, like TSN’s Frank Seravalli, who was in attendance for the Byfuglien media scrum, noted the response “did not exactly sound like a ringing endorsement.”

Of course, Byfuglien later clarified his remarks following the All-Star Game.

“Yeah, I’d love to,” he told reporters when asked about re-signing in Winnipeg. “I’ve met a lot of good people and now some really good friends. I’ve been here for a long time. You never want to leave home. I’ve been here long enough; my family has been here and I’ve had two kids here.

“It’s somewhere you don’t want to leave.”

And now — well, for the next five years anyway — Byfuglien won’t have to.

Video: Jets’ Stafford suspended one game for ‘forceful, reckless’ high-stick

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The NHL has dinged Winnipeg forward Drew Stafford one game for his ugly high stick on Colorado’s Nick Holden over the weekend.

“While we accept Stafford’s assertion that he did not intentionally strike Holden in the face, he is responsible for the consequences of swinging his stick in such a forceful and reckless fashion,” the Department of Player Safety explained.

Stafford, who wasn’t penalized on the play, will now miss Winnipeg’s next game — tonight, in St. Louis — and will be eligible to return on Thursday when the Jets host the Bruins.

Stafford will also forfeit $23,387.10 in salary to the Players’ Emergency Assistance Fund.

Big Buff, Big Bucks: Jets ink Byfuglien to five-year, $38 million extension

Dustin Byfuglien
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One of the most prized trade deadline targets is no longer.

On Monday, Winnipeg locked in pending UFA d-man Dustin Byfuglien to a five-year, $38 million extension, one that carries a $7.6M cap hit and makes him the highest-paid player on the team.

Byfuglien, 30, was in the last of a five-year, $26 million deal with a $5.2M average annual cap hit. One of the league’s most unique players — a 6-foot-5, 265 pounder that’s played forward and defense, and participated in this year’s fastest skater All-Star skills competition — his bio from the Jets’ release pretty much sums up how much he means to the club:

[Byfuglien] has recorded 32 points (15G, 17A) so far this season while appearing in all 52 games and sits in a tie for second amongst all NHL defencemen with his 15 goals.

Byfuglien leads the Jets so far this season in shots (163), penalty minutes (78) and ice time (24:14 per game).

The native of Roseau, MN, was named to the 2016 NHL All-Star Game in Nashville, TN where he recorded a goal and an assist for the Central Division team.

Byfuglien has been named to the All-Star Game in each of the last four seasons that the game has taken place (2011, 2012, 2015, 2016).

The deal keeps Byfuglien in Winnipeg through 2022 and is the latest long-term deal on the blueline: Tobias Enstrom is at $5.75M per through 2018, and Tyler Myers is at $5.5M per through ’19. Byfuglien’s deal also comes after some questioned how badly he wanted to stay in Winnipeg — at All-Star weekend, he raised eyebrows by responding “I just want to put on a jersey, to be honest with you,” when asked about his playing future.

The five-year term is also down from Byfuglien’s reported original ask, which was $55 million over eight years.

With this move done, Jets GM Kevin Cheveldayoff can now turn his attention to another prized pending UFA: Andrew Ladd, the club’s captain and another player that’s believed to have high interest around the league as a trade deadline rental.