Agent: Insuring Crosby contract could cost up to $400,000 — per month

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If Sidney Crosby wants to play overseas during the lockout, it’s going to take a lot of cash.

According to agent Pat Brisson (who appeared on Sportsnet’s Fan590 Wednesday afternoon), the amount of money to insure Crosby’s contract with the Pittsburgh Penguins could be staggering — up to $400,000 per month.

Oh, and Brisson says that’s only to cover part of the deal.

Crosby inked a 12-year, $104.4 million extension with the Penguins at the end of June, the largest payout in franchise history. The deal was huge, but became even larger in scope given Crosby’s concussion history and the fact he’s missed 101 games over the last two seasons.

Of course, discussions about insuring Crosby’s contract are nothing new.

Back in early June, CBC’s Elliotte Friedman wrote a piece about how “highly unlikely” it was that any deal would be insured against concussions, and the ramifications and risk involved:

Talking to five NHL executives, I asked each one the same question: “If you said to your owner, ‘I’ve completed a 10-year, $90-million deal with Sidney Crosby, but we can’t insure it,’ what would he say?”

All of them thought about it for a couple of seconds and then said some variation of, “He’d do it.” Although, the assistant added: “I’d like to see you ask an owner this question.” I’m working on it.

“He’s [Crosby],” said one GM. “You know, it’s a risk, but it’s a risk you take. I’m sure his injuries are a sensitive subject, but the Penguins have the medical reports. They know him better than anyone else.”

Noted a second GM: “If you don’t do it, someone else is going to.”

Added a third GM: “If you sign him to this deal and he gets hurt in two years, you’re going to look stupid. But if you don’t, he plays the next 10 years like he can and goes down as one of the best ever, you’re going to look even more stupid.”

So, questions:

— Would Crosby be willing to cover part of his insurance costs?

— If not, would any European team be willing to buck up? Shelling out such an astronomical amount in insurance fees seems crazy but, at the same time, it’s Sidney Crosby.

Opportunities to get him wearing your team’s sweater are few and far between, and there’s no telling what his presence would do for public exposure and brand recognition (and other fancy marketing jargon, like impact awareness.)

— What happens if the lockout drags on for months and no team is willing to bite the financial bullet? The AHL isn’t an option and the rumored barnstrom/caravan leagues are probably way too risky.

Former Oilers tough guy Dave Semenko passes away from cancer

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Former Edmonton Oilers forward Dave Semenko has passed away after a short battle with cancer. Semenko was 59 years old.

The Oilers released a statement earlier this morning:

It is with great sadness we announce the passing of Oilers legend Dave Semenko after a short, but courageous battle with cancer. Dave will be remembered as a fierce competitor, loyal teammate, fan favorite and dear friend to so many. His legendary toughness on the ice is surpassed only by his kindness and caring for others, and his equally legendary wit and sense of humor.

Our hearts go out to Dave’s family and many friends.

Once an Oiler, Always an Oiler

Semenko played for the Oilers for parts of 10 seasons (two in the WHA, eight in the NHL). He also had short stints in Hartford and Toronto.

He finished his NHL career with 65 goals, 153 points and 1,175 penalty minutes in 575 games. Semenko also won two Stanley Cups with the Oilers in 1984 and 1985.

Teams are reportedly lining up for pending UFAs Bonino, Williams

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The free-agent class of 2017 isn’t loaded with quality. There is no star player available, but there are a few guys that will get a lot of attention in the coming days.

Two of those guys are forwards Justin Williams and Nick Bonino.

According to TSN hockey analyst Darren Dreger, both veterans have at least 10 teams chasing them before the market officially opens on July 1st.

It looks like they’ll have no shortage of suitors:

Per Jackets beat reporter Aaron Portzline, Columbus is one of the teams that has serious interest in Bonino.

The 29-year-old suffered a broken tibia during the 2017 Stanley Cup Playoffs, but that doesn’t seem to be scaring anybody off.

Despite being limited to a third-line role in Pittsburgh, he still managed to put up 18 goals and 37 points in 80 contests.

Expect Bonino to come away with a significant raise whenever and wherever he signs. He had been making $1.9 million over the last three seasons with Vancouver and Pittsburgh.

As for Williams, he may not be searching for the highest dollar amount possible. When he was a free agent two summers ago, he reportedly turned down more money from Montreal to sign with Washington for $3.25 million per year.

Now, the veteran winger is looking at another shot at winning a Stanley Cup.

“First and foremost, at this point, you want your family to be comfortable,” Williams said, per the Washington Post. “That’s probably number one on the list, and then number two is a chance to win. I feel like I’ve got a lot of game left. I’ve got a lot of will to win left in me, and I’m still productive.”

The 35-year-old had 24 goals and 24 assists in 80 games with Washington in 2016-17. He added nine points in 13 postseason games.

PHT Morning Skate: 4 free agents that will need to take a hefty pay cut

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–30 years ago, the Toronto Maple Leafs acquired Mats Sundin from the Quebec Nordiques, so The Hockey News lists the five best franchise players that have been acquired via trade. That Joe Nieuwendyk for Jarome Iginla swap worked out pretty well for both Dallas and Calgary. (The Hockey News)

–Free agency opens in two days, so The Score predicts which four players will be the biggest bargains when it’s all said and done. Buffalo goalie Anders Nilsson isn’t a household name, but he might provide some great value for whoever signs him. (The Score)

–The Carolina Hurricanes are loaded with quality prospects, but can any of their young junior players make the leap to the NHL next season? Julien Gauthier, Spencer Smallman and Callum Booth all had nice season with Saint John in the QMJHL, but their head coach thinks they can benefit from a stint in the NHL. (Charlotte Observer)

–Yesterday, we wrote about Connor McDavid‘s potential $13 million per year extension. Some people believe that teams can’t pay one player that much money, but Sportsnet’s Elliotte Friedman thinks that kind of deal could make sense for both Edmonton and their captain. (Sportsnet)

–TSN’s Gino Reda looks at four potential unrestricted free agents that will likely be forced to take a pay cut on their next contracts. Ryan Miller, Jonathan Bernier, Dennis Wideman and Patrick Sharp can all expect to take home less money in the coming years. (TSN.ca)

–Miller and Bernier will likely need to shave their salaries, but they still made NHL.com’s list of top free agent goalies. Brian Elliott and Steve Mason also find themselves on the list. (NHL.com)

Josh Ho-Sang left quite an impression on Islanders coaching staff

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Josh Ho-Sang received his first taste of the NHL this past season, appearing in 21 games for the New York Islanders.

A first-round pick of the Islanders in 2014, Ho-Sang scored four times with 10 points in that span, but at the age of 21 and packed with skill, he was able to leave quite an impression on New York’s coaching staff heading into the summer.

With the Islanders going through mini camp, coach Doug Weight was highly complimentary about the play of Ho-Sang following his recall from the minors and his NHL debut on March 2.

“Josh was great,” Weight told NHL.com. “We were getting feedback from [Bridgeport coach Brent Thompson] about his attitude down there, and he was playing hard, learning the system and played with some passion. I think he showed that when he came up.

“He easily could have had better numbers than he had. He created a lot of opportunities in games that he was snakebit or the puck wasn’t going in. Ten points in 21 games, but he could have done a lot better than that, and I think his game was good. He had some blips, and he responded well, and I think that’s a key for a young guy, and especially Josh.”

Read more: Josh Ho-Sang scores first career NHL goal

Islanders general manager Garth Snow has been busy, last week acquiring scoring right winger Jordan Eberle from the Edmonton Oilers. New York now has 13 forwards under contract for next season, and more than $42 million committed.

The Islanders have done a nice job in the last few years stockpiling skilled young forwards like Mathew Barzal, Michael Dal Colle and Kieffer Bellows in their system. Ho-Sang has one year of professional hockey under his belt, putting up 36 points in 50 games as a rookie with the AHL’s Bridgeport Sound Tigers this past season.

But after a strong showing late in the NHL season, Ho-Sang has set his sights on cracking the Islanders roster on a full-time basis next season.

“There’s still a lot of moves they can make, and for me, I just want to come in as strong and as fast as possible and kind of not make it a decision for them . . . just ‘Josh is ready,’” he told Newsday.