Tag: salary cap analysis

Edmonton Oilers v Dallas Stars

Stars should learn from Sabres’ free-spending blunders


Times have been pretty lean for the Dallas Stars franchise ever since Tom Hicks spread his (former) sports empire a little too thin. The impact of those times can be seen in the often-barren stands during games that aren’t against marquee teams like tonight’s match with the Pittsburgh Penguins (currently on NBC Sports Network).

This statement will probably raise some eyebrows considering box office woes and a playoff drought, then: the Stars have done a lot of right amid all their marketplace struggles.

With Brad Richards’ robust contract off the books, the Stars’ roster is a model of efficiency:

  • All-Star-caliber forward Loui Eriksson is making a bargain $4.25 million per year through 2015-16, easily on my short list of the best deals in the league.
  • Kari Lehtonen is one of the most leaned-upon and valuable goalies in the NHL, yet he’s making a relative pittance at $3.55 million cap hit-wise.
  • In a league full of expensive blueline collections, the Stars’ highest paid guys are Stephane Robidas and Trevor Daley at a reasonable $3.33 million per season.
  • Mike Ribeiro might float here and there and Brenden Morrow hasn’t been healthy this year, but they’re still two quality forwards who are making exactly what they should be.
  • Joe Nieuwendyk’s off-season moves have been deft strokes of bargain basement genius.

Michael Ryder has been a fantastic fit in a straightforward sniping role. Eric Nystrom will be a villain in Pittsburgh after his hit on Kris Letang (more on that very soon), but he’s been a huge waiver wire steal. Sheldon Souray, Vernon Fiddler and even Radek Dvorak have all been useful-to-fantastic here and there.

Room to improve

Naturally, things aren’t perfect in Dallas or the team wouldn’t be in another tooth-and-nail struggle for the playoffs.

That cheap defense will get more expensive when Alex Goligoski’s $4.6 million cap hit kicks in and they need a little of everything in that area. Jamie Benn will cost a ton of cash to re-sign after a gutty, impressive All-Star season. One way or another, the Stars need to find a way to re-gain the hearts of fickle Dallas sports fans.

(My suggestion: make everyone wear Mike Modano masks!)

Keep the trigger finger from getting too itchy

Still, hopefully having a more stable ownership situation won’t equal the kind of spending sprees that GM Joe Nieuwendyk has skillfully avoided in his underrated time in Dallas.

Nieuwendyk and new owner Tom Gaglardi need only to look to Terry Pegula’s ill-fated shopping frenzy as evidence that you don’t have to spend all that new money in one place.

Breaking down the Michael Cammalleri-Rene Bourque deal


It’s official, the Montreal Canadiens shipped Michael Cammalleri to the Calgary Flames for a package that includes Rene Bourque. Here are the exact details, straight from NHL.com:

Flames receive:

Goalie Karri Ramo
2012 fifth-round pick

Canadiens receive:

Forward Patrick Holland
2013 second-round pick

The on-ice impact

I’d venture to say that Holland and Ramo are a wash in the grand scheme of things. You cannot totally ignore a nice upgrade in draft picks, but ultimately this trade will most likely be viewed as Bourque for Cammalleri.

Cammalleri has two 30+ goal seasons and two more 20+ goal seasons as he’s in the middle of his ninth NHL season (seven of which could be considered “full”). He’s a point-per-game playoff performer (32 in 32 games), with his heroics in the 2010 playoff run providing the most compelling evidence. Cammalleri also has familiarity with the Flames franchise; he produced a career-best 82 points in 2008-09, his lone campaign in Calgary.

Bourque has produced at least 21 goals in his last three seasons including two consecutive 27-goal outputs. He hasn’t shown the same total points ceiling, however; Cammalleri has two 80+ point seasons while Bourque peaked at 58 in 2009-10.

Contract considerations

Cammalleri carries a $6 million cap hit through the 2013-14 season. His salary matches his cap hit this season while he’ll be paid $7 million in the following two seasons. Cammalleri is 29 years old.

Bourque’s $3.33 million cap hit expires after the 2015-16 campaign (check out his salary breakdown at CapGeek.com). Bourque turned 30 in December.

PHT’s take

The Flames acquired a more talented player and likely extinguished any thought that they might go into a rebuilding mode soon. Cammalleri has shown that he can be an elite sniper and Calgary will pay accordingly.

Bourque makes the Canadiens a bigger team and represents a significant price cut for a roster soaking with bad decisions. From a hockey standpoint, this seems like another shaky move, but at least this one holds the rare distinguishing point of saving them some money. (Unlike, say, trading for Scott Gomez.)

The corporate spin

Habs GM Pierre Gauthier shrugged off the idea that Cammalleri’s comments were a catalyst for the trade, instead emphasizing that the team needs to score “harder goals” rather than fancy ones. Gauthier explained that part of the reason the trade was made tonight was because Bourque is closer to concluding his recent suspension. There might be some fact to both general managers’ claims that the trade has been discussed, but you’d have to be naive to assume that Cammy’s critiques had nothing to do with this.

Flames GM Jay Feaster provided this press release:

“Mike Cammalleri is a dynamic player who enjoyed great success playing in Calgary,” stated Flames General Manager Jay Feaster. “We believe Cammalleri will help our offensive production, solidify a second scoring line, bolster our power play, and bring another strong veteran voice to our room. We are confident that a return to Calgary will be good for Mike and good for our continued pursuit of a playoff berth.”


OK, so it looks like a win for Calgary in a vacuum, but a big risk at the bank. What do you think, though? I acknowledge the urge to say that both teams lost – to some extent, that’s true – but if you had to choose a winner, which GM made out better?

Zack Kassian hopes to make Sabres’ roster, walk the line between physical and illegal hits

Zack Kassian

There will be plenty of debate about the wisdom of the Buffalo Sabres’ spending spree, but when it comes to the makeup of the teams’ fleet of forwards, there should be little question that the team leans more toward finesse than last season. From their skilled set of wingers to new acquisition Ville Leino and rehabbed center Derek Roy, the team might lack a bit of sandpaper – especially since rugged defensive players such as Mike Grier and Rob Niedermayer are no longer on the roster.

His future might not look as bright until the salary cap dust settles, but one forward who might try to fill that physical void is polarizing prospect Zack Kassian. The 13th overall pick of the 2009 NHL Entry Draft has become notorious for his thunderous – and some might say, dirty – hits, particularly two blows that earned him suspensions.

Kassian admitted that he regrets the hit he landed on Matt Kennedy that earned him a 20-game suspension in his first game with the Windsor Spitfires in 2010. He believes that the negative attention from that check on Kennedy bled into the decision to suspend him for what he believes was a clean hit during the 2011 World Junior Championships.

One can debate the validity of Kassian’s claims, but it’s likely that he will make an impact in Buffalo sooner or later. Again, the Sabres need to sort out their cap issues – they’re currently about $3.6 million above the ceiling. Once they do, Kassian could bring an intriguing mix of size, physicality and scoring prowess to the table at an affordable $875K cap hit … if he can manage to avoid getting suspended.

Kassian will try to make the Buffalo Sabres out of training camp next month, but even if he is unsuccessful, logic suggests he will end up in uniform at some point this season. He has so much of what the Sabres seem to need, with a low salary cap hit off the ice and the lurking promise of a massive hit on the ice.

“I need to play with an edge, but I have to make sure I don’t cross that edge,” he said Tuesday. “With all the skill Buffalo has, I think they need some grit and definitely some people that are hard to play against to give those skilled guys some room. I feel like I can fill that job, and hopefully, I can do it sooner than later.”

The Sabres picked Kassian 13th overall in the 2009 NHL Entry Draft, and they have seen their prospect earn nationwide exposure in Canada for reasons both good and bad. He has been a Memorial Cup champion and a member of Canada’s national junior team, but he has also briefly been the star of junior hockey’s most wanted list.

It’s likely that Kassian will be on the Sabres’ radar until he makes a prolonged impact at the NHL level, but he’ll also get plenty of attention from officials who are aware of his lower moments. If Kassian can find a way to bring that edge without going over the line, he’ll be a serious asset for Buffalo. That might be a big if, though.

Ales Kotalik hopes to learn from struggles as he reunites with Sabres

Mike Fisher, Ales Kotalik

The Buffalo Sabres turned a lot of heads with their 2011 summer spending spree, but GM Darcy Regier still has some work to do. The team is about $3.6 million over the salary cap ceiling as of this moment, which means that something has to give.

Regier and owner Terry Pegula are saying all the right things about moving that money through trades, but the team would be left with some unpleasant options in most of those cases because rival GMs know that the Sabres are in a cap crunch. That could mean that the Sabres might need to sweeten deals by sending a high-end draft pick with one of those contracts to get a deal done or some other headache-inducing situations.

Ultimately, if I were Regier, I’d beg for permission to bury at least one mediocre contract and then complete a more comfortable move to get under the cap. Don’t forget that merely getting under the cap might not be the only goal; what happens if the Sabres suffer enough small injuries that they cannot put anyone on injured reserve but they don’t have the space to call up someone from the minors?

My solution would be: “Bury Ales Kotalik’s cap hit + trade an expendable bigger contract,” whether that be Jochen Hecht, Brad Boyes or Shaone Morrisonn.

Of course, that formula cannot factor one thing: Regier’s soft spot for Kotalik. Out of context, it seemed obvious that the Sabres accepted Kotalik merely to make sure that they could land Robyn Regehr in a trade, but if any team is open minded about the winger, it’s Buffalo. Kotalik crossed the 20+ goal barrier four times during his first stint with the Sabres before he was traded to the Edmonton Oilers in 2008-09. It’s been a rocky three seasons since then, with Kotalik being traded two more times before being demoted to the AHL. Kotalik should have gotten a taste of the harsh reality in front of him after every other NHL team passed on claiming him via waivers on two occasions.

The odds seem stacked against Kotalik, who is in the last year of a contract that registers a $3 million cap hit. That being said, the Czech-born winger seemed upbeat in an interview with the Buffalo News’ John Vogl earlier this week.

Last season’s stay in the AHL was a rejuvenating event, but Kotalik made it clear he has little desire to do it again. The 32-year-old believes he belongs in the NHL. He’s intent on proving that to the Buffalo Sabres when training camp starts in three weeks.

“Absolutely, I want to stay in Buffalo,” Kotalik said by phone from the Czech Republic. “I’m coming to training camp with an open mind. I know that I can measure with anybody on that team. I can measure myself up with any guy on that squad, on that team, and I hope I will get the opportunity that I need. Everything else is up to me.”


“I’m excited coming over to see all the people I missed for two years,” said Kotalik, who was shipped by Buffalo to Edmonton at the 2009 trade deadline. “When I heard that I was part of the trade with Robyn Regehr, at first I didn’t know what to think. Then I got a call from [General Manager] Darcy [Regier] and Terry, and they told me that they took me for a reason. They still think that I can play.

“I’m excited. It feels like I’m at home, and hopefully I can prove to everybody who had doubts about me that I can still play and be a good player for that team.”

Again, if there’s any team that will give Kotalik the benefit of the doubt, it’s the Sabres. He’ll have to be very impressive to overcome his hefty cap hit and damaged reputation, though. We’ll keep an eye on the team’s interesting salary cap challenges as the season approaches – it might indeed come down to training camp for the team’s fringe players. Kotalik certainly ranks as one of those, even in Buffalo.

Another unthinkable trade: Devils unload Brian Rolston to Islanders for Trent Hunter

Brian Rolston, Marc-Andre Fleury

After the Florida Panthers acquired Brian Campbell earlier this summer, I was forced to contemplate the idea that there is no such thing as an “untradeable contract” in the NHL anymore. Not after teams unloaded the likes of Campbell, Scott Gomez and so on.

One of the first “Yeah, but …” comments I remember receiving revolved around the New Jersey Devils’ and Brian Rolston’s ugly 35+ contract. As it turns out, the Devils and New York Islanders proved that even Rolston’s deal could be moved as New Jersey sent Rolston and a conditional 2012 draft pick to Long Island in exchange for Trent Hunter. Let’s break down the ins and outs of the deal now.

Huge savings for the Devils = Re-signing Zach Parise?

If you shot Devils GM Lou Lamoriello with some truth serum (as seen in “Kill Bill: Vol. 2”), he would probably admit that the team would’ve bought out Rolston or buried his cap hit in the minors if they could. The four-year, $20.25 million deal the Devils handed Rolston ranks as one of the worst moves the savvy GM ever made and most figured they would need to eat the last $5.06 million in cap space from the deal this season even though Rolston’s skills have diminished in a glaring way.

Instead of wasting precious cap space on Rolston, the Devils gain about $3 million to work with (Rolston minus Hunter), putting them about $8 million under the cap ceiling. That’s convenient timing for the franchise since Zach Parise’s August 3 salary arbitration hearing looms. Don’t be shocked if they find a way to avoid that process by giving the outstanding forward a hefty contract extension – one made much easier with that intense cap relief.

Oh yeah, there’s also Trent Hunter. In the grand scheme of things, his name could have been “Bag of Pucks” and this would have been a big win for the Devils. He carries a $2 million cap hit for 2011-12 and 12-13, with at least some potential to contribute. He’s big (listed at 6-foot-3, 210 lbs.) and is a two-time 20+ goal scorer. He missed 61 games last season with a torn MCL, however, so one wonders if he might even be a candidate for the long-term injured reserve. Either way, if he contributes in a significant way – which is plausible but unlikely – then this trade is an even bigger victory for the Devils.

The Islanders’ side of the equation

It’s pretty tough to look at this as anything more than the Islanders’ attempt to reach the $48.3 million salary cap floor. They’re certainly closer now; Cap Geek lists them at about $42.35 million after the trade. With solid power forward Blake Comeau and up-and-comer Josh Bailey awaiting new restricted free agent deals, they could inch a bit closer to that ceiling (not to mention the possible addition of some unrestricted free agent named Alexei Yashin).

The saving grace is that Rolston’s cap hit mercifully expires after the 2011-12 season. The 2012 off-season could be an interesting time for the Islanders, who will only have eight of their 20 current players under contract. While John Tavares will likely get a solid raise, the Isles could have some nice flexibility if the Collective Bargaining Agreement changes the NHL’s spending climate.

As far as the on-ice gains, it’s tough to imagine the Islanders getting a whole lot from Rolston, but maybe a change of scenery would help. He’ll get the chance to get revenge on the Devils plenty of times next season and also has the motivation of a contract year/last chance to continue his NHL career dangling in front of him. If nothing else, he’ll be the Islanders’ highest paid player next season.


Ultimately, the Devils are probably cackling at their good fortune, possibly even more than they were when they landed Adam Larsson. There was a disturbing span in which it seemed like Lamoriello was “losing it,” but it seems like he’s back to fleecing other teams. The Islanders took on a lot of salary with limited reward, but if you look hard enough, you can see at least a few reasons why they did it.

That being said, this is a huge win for the Devils and a tough pill for Islanders fans to swallow.