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


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.

PHT Morning Skate: This artist paints a picture while singing the national anthem

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PHT’s Morning Skate takes a look around the world of hockey to see what’s happening and what we’ll be talking about around the NHL world and beyond.

–Artist Joe Everson  paints an amazing picture while singing the national anthem prior to an ECHL game. (Top)

–Is Patrice Bergeron the greatest defensive forward of all-time? (The Hockey News)

–Caps rookie Zach Sanford sang “Sweet Caroline” during the team’s Halloween party. (CSN Mid-Atlantic)

–This goalie makes his AHL debut and he was backed up by…his father! (NHL)

Auston Matthews‘ Halloween costume had a political twist. (The Score)

–10 NHL players that still don’t look right in their new uniforms. (Bardown)

Report: Ducks put Despres on long-term injured reserve

FILE - In this Sept. 22, 2015, file photo, Anaheim Ducks defenseman Simon Despres skates before an NHL preseason hockey game against the Colorado Avalanche in Denver. Despres has agreed to a five-year contract extension with the Ducks on Friday, Oct. 9, 2015, solidifying his role in Anaheim after joining the club in a trade last season. (AP Photo/Jack Dempsey, File)
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Simon Despres has played only once this season, back on Oct. 13, due to injury.

It now appears the Anaheim Ducks don’t see the 25-year-old defenseman returning to their lineup any time soon.

On Sunday, TSN’s Bob McKenzie reported on Twitter that the Ducks placed Despres, who carries an average annual value of $3.7 million, on long-term injured reserve, providing Anaheim with some flexibility in the salary cap situation.

By placing Despres on LTIR, it’s been suggested this could possibly allow the Ducks to sign restricted free agent defenseman Hampus Lindholm.

Lindholm, 22, missed training camp, instead deciding to stay in Sweden while he awaits a deal with the Ducks. Six games into Anaheim’s season, and still no deal.

It was reported last month that Lindholm was seeking a deal of eight years, and at least $6 million per season.

Last week, on TSN’s Insider Trading, McKenzie suggested the two sides could be about $250,000, annually, apart. He also added that there is a “cap hit penalty” when restricted free agents don’t get signed before the season begins.

“For every day that (Lindholm) is not signed in this season, the cap hit for the team will increase by about $30,000 if he were to agree to a $5.5 million deal,” McKenzie reported.

“Let’s say he agrees to a deal that’s $5.5 million AAV, well the cap hit’s going to be up around $5.8 (million) as of now, for each day that goes on.”

Comeback Canucks? Not against the Ducks

ANAHEIM, CA - OCTOBER 23:  Alexander Edler #23 and Philip Larsen #63 of the Vancouver Canucks look on after Corey Perry #10 of the Anaheim Ducks reacts to scoring a goal during the third  period of a game at Honda Center on October 23, 2016 in Anaheim, California.  (Photo by Sean M. Haffey/Getty Images)
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The Vancouver Canucks have made a habit of third-period comebacks early this season. Playing with the lead, though? Not so much.

Despite their early penchant for late-game magic — certainly not a sustainable method of winning in the long-term — the Canucks were unable to score a come-from-behind win against the Anaheim Ducks on Sunday.

Instead, they lost 4-2, as Nick Ritchie and Corey Perry scored late in the third period to nullify any chance of a Vancouver comeback.

Henrik Sedin had gotten the Canucks back into a tied game early in the final period, before the Ducks killed off a Vancouver power play and then surged ahead for good.

It’s Vancouver’s first regulation loss of the season. In six games, the Canucks have played with the lead only once.

Really, the score flattered the Canucks, playing the second half of a back-to-back set in California. The Ducks dominated possession, but goalie Ryan Miller kept the Canucks in it until late in regulation.

The Canucks are now 4-1-1. That’s still a good start, but there have been signs lately that they could soon be served a reality check.


Meanwhile, the Ducks have won two in a row after losing their first four games to start the season.

It was promising that their best players were their best players in Anaheim’s home opener.

Ryan Getzlaf had three assists. Corey Perry had an assist on the winner and scored to put this one away. Defenseman Cam Fowler, who has been at the center of trade speculation in the past few months, scored Sunday and is now up to three goals, with points in four of six games.

“He’s played great,” Getzlaf recently told the Orange County Register. “Cam put a lot on his shoulders last year. He had a great year for us last year and it gets overlooked a little bit because he does it in a little bit quieter way. He’s not flashy.

“I thought his play has carried over from last year. He’s continued to play the same way and at a high level.”

This win puts the Ducks within a point of the San Jose Sharks. The two California rivals face each other Tuesday in San Jose.

Video: Dan Girardi’s first goal in nearly a year lifts Rangers to victory

FILE - In this Feb. 11, 2012, file photo, New York Rangers' Dan Girardi looks on during an NHL hockey game against the Philadelphia Flyers in Philadelphia. The Rangers say they have agreed to terms with Girardi on a multiyear contract extension, taking the key defenseman off the trading block and keeping him away from unrestricted free agency. The deal was announced Friday, Feb. 28, 2014. (AP Photo/Matt Slocum, File)
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An offensive defenseman, Dan Girardi is not.

His last goal prior to this weekend? Nov. 12, 2015. It’s been a while. Almost an entire year now. But in his return to the New York Rangers lineup on Sunday, the 32-year-old Girardi was able to bust his scoring slump on a slap shot from the blue line that beat Arizona Coyotes goalie Louis Domingue.

The Rangers eventually won by a final score of 3-2, with Girardi’s goal counting as the winner. He scored only twice last season, and hasn’t scored more than five goals in a single season since 2009-10.