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Predators are being bold with term; are they being smart?

NHL Awards Portraits

LAS VEGAS, NV - JUNE 22: President of Hockey Operations/General Manager David Poile of the Nashville Predators poses for a portrait during the 2011 NHL Awards at the Palms Casino Resort June 22, 2011 in Las Vegas, Nevada. (Photo by Jeff Gross/Getty Images)

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If nothing else, the Nashville Predators aren’t afraid to be bold.

In a vacuum, the Colton Sissons signing isn’t something that will make or break the Predators’ future. That seven-year, $20 million contract has inspired some fascinating debates, but the most interesting questions arise around GM David Poile’s larger team building, and his courageous decisions.

As we’ve seen, Poile doesn’t just lock up obvious core players to term, he frequently gives supporting cast players unusual security, too.

This signing seems like a good excuse to dive into the Predators’ biggest offseason decisions, and also ponder maybe the biggest one of all: what to do with captain Roman Josi, whose bargain contract will only last for one more season.

The interlocking P.K. Subban, Matt Duchene, Roman Josi situation

By any reasonable estimate, the Predators got hosed in getting such a small return for Subban in that deal with the Devils.

Of course, the Predators’ goal wasn’t necessarily to get a great return for Subban, but instead to get rid of Subban’s $9M to (most directly) sign Matt Duchene, and maybe eventually provide more leeway to extend Josi.

There was some argument to trading away Subban, as at 30, there’s a risk that his $9M AAV could become scary.

The thing is, the Predators only seemed to expose themselves to greater risks. It remains to be seen if Matt Duchene will be worth $8M, even right away, and he’s already 28. Roman Josi turned 29 in June, so if Josi’s cap hit is comparable to Subban’s -- and it could be a lot higher if Josi plays the market right -- then the Predators would take even bigger risks on Josi. After all, Josi’s next contract will begin in 2020-21, while Subban’s is set to expire after 2021-22.

So, in moving on from Subban to Duchene and/or Josi, the Predators are continuing to make big gambles that they’re right. Even if Subban really was on the decline, at least his deal isn’t going on for that much longer. Nashville’s instead chosen one or maybe two even riskier contracts at comparable prices, really rolling the dice that they’re not painting themselves into a corner.

There’s also the scenario where Josi leaves Nashville, and things could get pretty dizzying from there.

Even if you look at it as a Matt Duchene for P.K. Subban trade alone, that’s not necessarily a guaranteed “win” for Nashville. It’s all pretty bold, though.
[This post goes into even greater detail about trading Subban, and the aftermath.]

Lots of term

Nashville doesn’t have much term locked in its goalies Pekka Rinne and Juuse Saros, which is wise, as goalies are very tough to predict. Those risks are instead spread out to a considerable number of skaters, and Poile’s crossing his fingers that he’s going to find the sweet spot with veterans, rather than going all that heavy on youth.

The long-term plan has frequently been fruitful for the Predators, as Viktor Arvidsson ($4.25M for five more seasons) and Filip Forsberg ($6M for three more seasons) rank as some of the best bargains in the NHL. Josi’s $4M is right up there, though that fun ride ends after 2019-20.

Your mileage varies when you praise the overall work, though, because some savings are offset by clunkers. It stings to spend $10.1M in combined cap space on Kyle Turris and Nick Bonino, especially since $16M for Matt Duchene and Ryan Johansen ranks somewhere between “the price of doing business” and “bad.”
[ProHockeyTalk’s 2019 NHL free agency tracker]

So that’s the thing with locking down supporting cast members. It’s nice to have a defensive forward who seemingly moves the needle like Colton Sissons seems to do ...

... Yet is he a bit of an extravagance at $2.857M per year? Again, that’s a matter of debate.

The uncomfortable truth is that, if the Predators are wrong about enough of these deals, then it’s that much tougher to wiggle your way out of mistakes. Yes, maybe the Predators can move Sissons if he slides, but you risk falling behind the pack if you lose value propositions too often.

Will that be the case with the Predators? We’ll have to wait and see, and the most fascinating test cases come down the line. If it doesn’t work out next year, in particular, then things could pretty uncomfortable, pretty quickly.

James O’Brien is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @cyclelikesedins.