The NHL’s best bargain contracts: Central Division

The hockey world tends to focus on the most regrettable contracts rather than the best ones because let’s face it: it’s more enjoyable to make fun of Brian Campbell‘s deal than to linger on Dustin Brown‘s bargain contract. That being said, clever GMs deserve credit for either finding the right timing to sign a player, judging their value better than most or simply fostering a climate in which a player will take a pay cut. This series of posts will take a look at every team to see which (if any) players deserve to be called bargains.

Notes: entry-level deals don’t count because they have built-in maximum levels. “Loophole” contracts will be considered, but they won’t receive as much consideration because of their inherent salary cap dishonesty. Bought out players will be considered for their current cap hits. I also think $6 million is a reasonable – if arbitrary – cutoff point for a true bargain player.

Chicago Blackhawks – Sure, they lost a lot of talent because of cap moves, but how are they looking after getting rid of Soupy and stashing Cristobal Huet in Europe?

Marian Hossa ($5.25M) – This deal would be even better if it wasn’t a cheater contract, but how many teams are jealous that Chicago signed him to this deal? 28 or 29?

Patrick Sharp ($3.9M) – His cap hit will jump to what might still be a a bargain level of $5.9 million after next season, but he remains at his highway source: Getty Imagesrobbery rate for one more season.

Andrew Brunette ($2M) – I get the feeling he’s going to be a nice fit in the Windy City.

Bryan Bickell ($541K) – Could be useful, but it’s all about his sheer cheapness.

Duncan Keith ($5.54M) – Something tells me that Don Meehan won’t mention Keith’s name during Shea Weber’s next contract discussions. This is another cheater deal, but can you blame the Blackhawks?

Sean O’Donnell ($800K) – The Blackhawks made a handful of low-risk, medium-reward signings during this off-season and O’Donnell is one of them.

Honorable mentions: Jonathan Toews and Patrick Kane – two great players, but it just feels weird to call them full-on bargains at $6.3 million per year … so they’re honorable mentions.

Columbus Blue Jackets – They wildly overpaid in some areas this summer, but where do they stand on pure cap hits?

Jeff Carter ($5.27M) – I agree that he’s one-dimensional, but the guy can score goals. Lots of them. So paying him this much isn’t outrageous.

Honorable mentions: Sammy Pahlsson (because Earl Sleek has brainwashed me into thinking he’s a force) and Derick Brassard (he seems talented enough to take advantage of the team’s offensive improvements if he can stay healthy).

source: APDetroit Red Wings – This team is like a steady stream of steals, right?

Johan Franzen ($3.95M) – Franzen is extremely injury-prone, but a terrifying offensive force when healthy.

Daniel Cleary ($2.8M) – Is Cleary the most underrated forward in Detroit?

Tomas Holmstrom ($1.88M) – If the league kept better track of how many goals are scored because of his obstructive butt, his impact would receive its proper due. I was surprised that some other team didn’t at least try to drive up his price during his last free agent window.

Darren Helm ($912K) – He has some flaws, but his speed and versatility are an asset at this bargain basement price.

Niklas Kronwall ($3M) – Injuries have been a worry here and there, but his scary hits and strong offense make him a steal at this price.

Jimmy Howard ($2.25M) – Another enviable steal by the Red Wings; his stats might be hit-or-miss sometimes, but he’s proven himself to be at least the team’s short-term future in net.

source: APHonorable mentions: Pavel Datsyuk, Henrik Zetterberg and Nicklas Lidstrom – Again, I’m just trying to keep things reasonable by excluding guys above $6 million. Every team in the NHL would trip over their own feet to pay any one of these three their current salaries, so they absolutely deserve to be mentioned.

Nashville Predators – A salary cap storm is coming to Tennessee, but next season still includes some bargains.

Ryan Suter ($3.5M) – He doesn’t get half the publicity that Shea Weber receives, but he’s either equally important or just a few strides behind his hard-shooting partner in crime.

Pekka Rinne ($3.4M) – In his short time behind the wheel in Nashville, he’s been legitimately elite. Maybe he benefits from the defense in front of him, but he deserves credit for putting together a great run so far.

Honorable mentions: Sergei Kostitsyn and Patric Hornqvist – they aren’t perfect players, but the Predators need them to score on a level that far exceeds their paychecks.

source: APSt. Louis Blues – How many steals can this “sleeper team” produce?

Chris Stewart ($2.88M) – Stewart is a big, reliable goal scorer at a dirt cheap price. He could score even more regularly this season since it will be a contract year.

T.J. Oshie ($2.35M) – His current rate almost seems like a slap on the wrist for his lower moments last season. I expect a very nice year from Oshie in 2011-12.

Patrik Berglund ($2.25M) – Berglund is quietly becoming a consistent 20-goal scorer in the NHL.

Honorable mention: If David Perron is healthy, he could be another nice steal on a team that doesn’t have many bad contracts. It would be sad (but not surprising) if his concussion issues continue, though.

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Feel free to point out any glaring omissions or faulty inclusions. Again, remember: players on their entry-level deals don’t count, so that’s why you won’t see the Alex Pietrangelos of the world.

Click here for the Atlantic Division version.

Draisaitl on signing with Oilers: ‘We have something really special’

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As a restricted free agent, Leon Draisaitl only had so much say regarding his future with the Edmonton Oilers, especially since teams rarely send offer sheets around in the NHL.

Even so, Draisaitl could have opted for a “bridge” deal; instead, he signed for the maximum of eight years for a whopping $68 million on Wednesday.

Some would probably grumble but understand if Draisaitl explained his rational by pointing at one of those big checks or at a calculator. Instead, the promising young forward explained that he believes that the Oilers have a bright future, and he wants to be a part of it.

In case you’re wondering, additional details have surfaced regarding the year-to-year breakdown of Draisaitl’s deal. TVA’s Renaud Lavoie also reports that Draisaitl has a no-movement clause, thus making it that much more likely that he’ll get his wish to stick with the Oilers:

Of course, with Draisaitl and Connor McDavid combining for a $21M cap hit beginning in 2018-19, the bigger question is not whether they will stay, but who the Oilers will manage to keep in the fold.

Still, that’s for GM Peter Chiarelli & Co. to decide. For Draisaitl, this is a great moment, and he might even be able to back up that big contract with big results on the ice.

Cullen explains why he chose Wild over Penguins

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If you check out a bio on Matt Cullen, you’ll notice that he’s from Minnesota. It doesn’t take a leak, then, to explain why Cullen signed a one-year deal with the Minnesota Wild on Wednesday.

As Cullen explained to Michael Russo of the Minneapolis Star-Tribune, “this is a family decision.” As he goes deeper into his logic, even especially sore Pittsburgh Penguins fans should probably understand Cullen’s perspective.

“Minnesota is home and it’s a special place for me,” Cullen said. “It’s not easy to say goodbye and it’s not easy to walk away [from Pittsburgh]. I’m confident in the decision we’re making and it’s the right thing for our family. But at the same time, it’s not an easy one.

Now, to be fair, Cullen also told Russo that he believes the Wild are a “hungry” team that might have been the West’s best in 2016-17. It’s not like he’s roughing it, and surely the $1 million (and $700K in performance bonuses that Wild GM Chuck Fletcher hopes Cullen collects) didn’t hurt, either.

Still, such a decision makes extra sense for a 40-year-old who’s played for eight different NHL teams during his impressive career. Russo’s story about Cullen attending his kids games and seeing his brothers is worth a read just for those warm and fuzzy feelings we often forget about in crunching the numbers and pondering which teams might be big-time contenders in 2017-18.

This isn’t to say that getting a fourth Stanley Cup ring wouldn’t be appealing to Cullen, but perhaps he’ll get his family time and win big, too?

There’s also the familiarity that comes with playing three fairly recent seasons with the Wild, so Cullen’s choice seems like it checks a lot of the boxes.

In other positive Wild news, Russo reports that Eric Staal is feeling 100 percent after suffering a concussion during the playoffs.

Tuesday was Wild day at PHT, but perhaps this feels more like Wild week?

Bovada gives McDavid higher odds than Crosby to win Hart in 2017-18

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In handing Connor McDavid an eight-year, $100 million extension, the Edmonton Oilers essentially are paying the 20-year-old star based on the assumption that he’ll provide MVP-quality play.

At least one Vegas oddsmaker agrees, as Bovada tabbed McDavid as the favorite to win the Hart Trophy, edging Sidney Crosby.

That’s interesting, yet it might be even more interesting to note where other players fall in the rankings. Auston Matthews coming in third is particularly intriguing.

Who are some of the more interesting choices? The 20/1 range seems appealing, as Carey Price is one of the few goalies with the notoriety to push for such honors while John Tavares has the skill and financial motivation to produce the best work of his career next season.

Anyway, entertain yourself with those odds, via Bovada: (Quick note: Bovada originally had Artemi Panarin listed as still playing with Chicago. PHT went ahead and fixed that in the bit below.)

2017 – 2018 – Who will win the Hart Memorial Trophy as the NHL’s Most Valuable Player?
Connor McDavid (EDM)                         3/2
Sidney Crosby (PIT)                              5/2
Auston Matthews (TOR)                         17/2
Alex Ovechkin (WAS)                            9/1
Patrick Kane (CHI)                                 14/1
Vladimir Tarasenko (STL)                       15/1
Evgeni Malkin (PIT)                                16/1
Carey Price (MON)                                 20/1
John Tavares (NYI)                                20/1
Jamie Benn (DAL)                                 25/1
Steven Stamkos (TB)                             25/1
Erik Karlsson (OTT)                               33/1
Nikita Kucherov (TB)                              33/1
Jack Eichel (BUF)                                  50/1
Ryan Getzlaf (ANA)                               50/1
Patrik Laine (WPG)                                50/1
Brad Marchand (BOS)                            50/1
Tyler Seguin (DAL)                                50/1
Nicklas Backstrom (WAS)                      60/1
Brent Burns (SJ)                                    60/1
Braden Holtby (WAS)                            60/1
Phil Kessel (PIT)                                    60/1
Artemi Panarin (CBJ)                              60/1
Joe Pavelski (SJ)                                  60/1

Oilers cap situation is scary, and not just because of Draisaitl, McDavid

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The Edmonton Oilers pulled the trigger – and likely made teams with big RFA headaches like the Boston Bruins grimace – in signing Leon Draisaitl to a massive eight-year, $68 million contract on Wednesday.

You have to do a little stretching to call it a good deal, although credit Puck Daddy’s Greg Wyshysnki with some reasonably stated optimism.

Either way, the per-year cap bill for Connor McDavid and Draisaitl is $21 million once McDavid’s extension kicks in starting in 2018-19; that’s the same combined cost that Jonathan Toews and Patrick Kane receive … and those two got those paydays after they won three Stanley Cups for the Chicago Blackhawks.

Now, if the Oilers struggle in the near future, plenty of people will heap blame on McDavid and/or Draisaitl. Really, though, the true scapegoats should be a management team with more strikeouts than homers.

(As usual, Cap Friendly was a key resource in studying Edmonton’s salary structure.)

Bloated supporting cast

There are some frightening contracts on the books in Edmonton, especially if a few situations work out unfavorably.

At 29, there’s severe risk of regression with Milan Lucic, even if he enjoys a more stable second season with Edmonton. He carries a $6M cap hit through 2022-23, so he’ll be on the books for all but two years of Draisaitl’s new deal.

Kris Russell costs $4.167M during a four-year stretch, and even now, he has plenty of critics. Those complaints may only get louder if, at 30, he also starts to slip from his already debatable spot.

Andrej Sekera‘s been a useful blueliner, yet there’s some concern that time won’t treat him kindly. He’s dealing with injuries heading into 2017-18, and at 31, there’s always the risk that his best days are behind him. Not great for a guy carrying a $5.5M cap hit through 2020-21.

One can’t help but wonder if Ryan Nugent-Hopkins might be an odd man out once the shackles of the salary cap really tighten. Just consider how much Edmonton is spending on a limited number of players, and you wonder if the 24-year-old will be deemed too pricey at his $6M clip.

Yeah, not ideal.

It’s not all bad

Now, let’s be fair.

RNH could easily grow into being well worth that $6M. Draisaitl may also justify his hefty price tag. McDavid honestly cut the Oilers a relative deal by taking $12.5M instead of the maximum.

The Oilers also have two quality, 24-year-old defensemen locked up to team-friendly deals: Oscar Klefbom ($4.167M through 2022-23) and Adam Larsson ($4.167M through 2020-21). They need every bargain they can get, and those two figure to fit the bill.

Crucial future negotiations

GM Peter Chiarelli’s had a questionable history of getting good deals. He’ll need to get together soon, or the Oilers will really struggle to surround their core with helpful support.

Cam Talbot is a brilliant bargain at the strangely familiar cap hit of $4.167M, but that value only lasts through 2018-19. After that, he’s eligible to become a UFA, and could be massively expensive if he produces two more strong seasons.

The bright side is that the Oilers aren’t locked into an expensive goalie, so they can look for deals. That isn’t as sunny a situation if you don’t trust management to have much success in the bargain bin.

Talbot isn’t the only upcoming expiring contract. The Oilers have serious questions to answer with Darnell Nurse and Ryan Strome. Also, will they need to let Lucic-like winger Patrick Maroon go? Even with mild relief in Mark Fayne‘s money coming off the books, the Oilers might regret this buffet when the bills start piling up next summer.

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Look, the truth is that management is likely to be propped up by the top-end in Edmonton, particularly in the case of McDavid’s otherworldly skills. As much as that Draisaitl deal looks like an overpay – possibly a massive one – there’s a chance that he lives up to that $8.5M, too.

It’s not just about those stars, though.

The Pittsburgh Penguins gained new life by complimenting Sidney Crosby and Evgeni Malkin with the likes of Phil Kessel. The Blackhawks have struggled once they couldn’t afford as much help for Kane and Toews.

You have to mix your premium items with bargains, and one wonders if the Oilers will be able to spot sufficient value beyond the no-brainer top guys. Their recent history in that area certainly leaves a lot to be desired.