Braden Holtby is proposing an $8 million salary.
The Washington Capitals are suggesting $5.1 million.
That’s according to CBC Sports reporter Tim Wharnsby, as the the two sides are scheduled to go to arbitration on Thursday.
Now, obviously, Holtby doesn’t really expect to get $8 million, just the same as the Caps don’t expect to get the 25-year-old goalie for a bargain $5.1 million. That’s just how arbitration works. Each side makes the strongest case it can.
The NHL’s highest cap hit for a goalie belongs to Henrik Lundqvist, at $8.5 million. And hey, the Holtby camp could argue* that Holtby actually has the same career save percentage as Lundqvist (.921).
Of course, the Caps could point to Cory Schneider having a .925 career save percentage, and his cap hit is only $6 million.
According to the Washington Post’s Alex Prewitt, in regular negotiations, the Caps were offering around $5.5 million while Holtby was asking for $6.5 million.
*As noted in the comments, only comparables that cover RFA years can be used in arbitration. But the point stands: Holtby has very good career numbers. If not Lundqvist, he could argue he deserves what Sergei Bobrovsky, 26, will make in Columbus next season.
It was just two days into free agency when Martin St. Louis announced his retirement from professional hockey — and it turns out there were some suitors for his services during that 48-hour window.
“I knew there were teams interested,” St. Louis said on Monday, while meeting the media to formally call it a career. “I can sit here and be proud that my last year I scored 21 goals and the year before I scored 30, so do I think I can still play? Yeah.
“But it’s time to move on and do something else.”
It’s unclear which teams were interested in the 40-year-old Rangers winger, but it’s easy to see why some would be. Despite a “down” campaign offensively, St. Louis still scored more goals than Daniel Sedin, Ryan Kesler, Patrick Marleau and Bobby Ryan; it’s also possible a team would’ve looked to him as a mentor for some of its younger prospects, especially given St. Louis’ renowned physical fitness (I mean come on, look at those trunks.)
Geography, though, probably limited potential suitors, as part of St. Louis’ earlier move from Tampa Bay to New York was so he could be closer to his family. In fact, spending more time with his wife and children was something he referenced in explaining his decision to walk away from the game.
“My whole family has been so supportive of me and it’s been all about me a lot,” St. Louis said. “Now it’s time for it to be about someone other than me. My wife will be happy to have another full-time parent alongside her.
“The focus is on my kids, and I am excited about that.”
Related: Curtains on Broadway: Martin St. Louis calls it a career
There are always going to be solid unrestricted free agents that have trouble finding a contract that lives up to expectations, but even in that context this year feels different, according to one longtime agent.
“It’s tough,” the agent told the Columbus Dispatch. “There are plenty of teams interested in adding a player, but they don’t have (salary cap) room. It’s just not there.
“So either they’re trying to make moves to accomodate that, or they’re waiting for the market to adjust. There’s plenty of time. It’s the middle of July. But it’s been really difficult for a lot of guys this summer.”
Thirteen teams have less than $5 million in remaining cap space, according to General Fanager. That number doesn’t include the New York Rangers, which still needs to re-sign RFA Derek Stepan, or the Los Angeles Kings, which might be in limbo as they wait to see how the contract situations with Slava Voynov and Mike Richards play out. So it’s not hard to argue that half the league has little to no cap space remaining. Of course, that doesn’t even start to factor in teams that are expected to stay significantly below the ceiling due to their own internal budgets, rebuilding strategy, or both.
Meanwhile, there are 22 UFAs remaining that came with a cap hit of at least $3 million last season.
There are of course going to be more noteworthy signings, but for teams that have space and the flexibility to add salary, this is a potentially great opportunity to improve their squad at a reduced price. We also might see more salary dumping trades before the 2015-16 campaign starts.
Related: There are some interesting players left on the UFA market