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Signing depth players long-term is usually losing move for NHL teams

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The Nashville Predators’ decision to sign Colton Sissons to a seven-year contract earlier this week certainly raised a lot of eyebrows around the NHL.

As PHT’s James O’Brien argued immediately after the signing, the salary cap hit is pretty reasonable and it might even be a decent value right now.

But it’s the salary cap that puts every contract in the league under a microscope. Teams only have so much money to spend, and every dollar they spend on one player is a dollar they do not have to spend on another player. Every dollar counts, especially if you a contending team that is probably going to be spending close to the cap. Mistakes and misevaluations matter, and if you get caught with too many of them at once it can have a negative impact. Because of that, teams need to make sure they are using their limited amount of money in the most efficient way possible, properly prioritizing what matters and what doesn’t, and the players that are worth committing to.

Traditionally, teams have mostly avoided long-term commitments to players that are not top-line players. This is especially true among teams that win and go deep in the playoffs. I say “mostly avoided” because there have been several instances outside of Nashville where teams have given lengthy term to depth players. The New York Islanders signed forwards Casey Cizikas and Cal Clutterbuck to five-year deals, and third-pairing defender Scott Mayfield to a seven-year deal. The Detroit Red Wings have Justin Adbelkader and Darren Helm on five-plus year contracts. The Kings gave Kyle Clifford a five-year deal several years back. The Pittsburgh Penguins gave Brandon Tanev a six-year contract this summer to play in their bottom-six after giving Jack Johnson a five-year contract one year ago.

Those are just a few examples of players that are currently under contract.

The question, though, is why teams would ever want to do this.

The answer is simple: By giving the player more term and more individual long-term security, it brings the salary cap hit down a little and helps the team in the short-term. But is that extra savings worth the long-term commitment to a player that may not retain their value over the duration of the contract?

[ProHockeyTalk’s 2019 NHL free agency tracker]

One thing that has stood out about recent Stanley Cup winners and contenders is that pretty much none of them have had long-term commitments (five years or more) to players that played regularly outside of their top-six forwards or top-four defenders. It is practically unheard of. Identifying consistent lines and who is a “depth” player is a mostly inexact science. Coaches change line combinations constantly over the course of a season and a player’s role within a team can be a very fluid situation. For this, I simply tried to use even-strength usage as a way to identify a player’s spot in the lineup.

The table below shows the past six Stanley Cup winners and the players they had signed to contracts of five years or more in the years they won the Stanley Cup. Players highlighted in yellow were signed for six years (or more) at the time of the championship. Take a look at the names and see if you can identify a trend … they are almost all top-line players.

The only players on that table that were not either a starting goalie, a top-six forward, or a top-four defender are Olli Maatta with Pittsburgh in 2016-17 (he was top-four in 2015-16) and Mike Richards with Los Angeles in 2013-14 (he signed that contract in Philadelphia when he was a first-line center, and was a second-line center upon his arrival in Los Angeles in 2011-12).

I also looked at every team that made at least the Conference Finals in those seasons and found only five instances where a depth player was signed for more than five years. And even they have some asterisks next to them because they were at least signed with the intention of being more significant parts of their team.

  • Alex Killorn, signed for seven years, was outside of Tampa Bay’s top-six during their 2017-18 Eastern Conference Final run, but was in its top-six during its runs in 2014-15 and 2015-16. When he was signed, the Lightning probably figured he was going to be more of a top-line player. He has since been surpassed by a wave of talent that came after him.
  • Ryan Callahan also played third/fourth-line minutes for the Lightning during the 2017-18 playoffs but, like Killorn, played bigger roles in 2014-15 and 2016-17.
  • The Sharks had defensemen Brenden Dillon signed for five years to play third-pairing minutes 2018-19 and 2015-16 during their postseason runs
  • John Moore and David Backes (both signed for five years) were depth players on the 2018-19 Bruins.

Pretty much all of the Conference Finalists, and especially the Stanley Cup Finalists, over the past six full seasons had long-term investments in their stars and filled out their depth with younger, entry-level players and short-term veterans.

They were not giving out term to non-core players.

The problem with giving out term to depth players is that they can tend to be replaceable talents that may not maintain their current value throughout the duration of that term. You run the risk of that player regressing and not having the roster flexibility to bring in a cheaper and/or better player. If a star player ages and declines, they are still probably going to be giving you a solid return on that investment. The depth player may not, if they are even able to justify a roster spot.

Let’s take Sissons as an example. Right now he is a fine NHL player. Solid defensively, can chip in some offense, and plays a tough and often times thankless role within the Predators lineup. At around $3 million per year he is a fine investment … for now. Between the 2000-01 and 2012-13 seasons there were 14 players that were at a similar point in their development: Players that had played at least 140 games during the ages 24 and 25 seasons and averaged between 0.30 and 0.40 points per game, exactly where Sissons is right now.

Only five of those 14 players played an additional seven seasons in the NHL.

In professional sports dollars, an extra million or two over a couple of years is nothing more than a drop in the bucket to teams. But when the teams are limited by their leagues in what they can spend on players, little mistakes can quickly add up to big mistakes. The Penguins, for example, are now on the hook for $7 million over the next four years for the Johnson-Tanev duo, which is an egregious use of salary space for a contender pressed against the cap that is trying to get another Stanley Cup out of its Hall of Fame core over the next few years.

It is not just good teams, either. The Vancouver Canucks have spent the past two offseasons throwing big-money at the bottom of their roster and will enter this season with $12 million in salary cap space going to Antoine Roussel, Jay Beagle, and Tyler Myers for multiple years. The result of that is a bad team that only has $5 million in salary cap space and still needs to sign restricted free agent Brock Boeser. They are now in a position where they have to play hardball with their second-best player to get him signed, or have to make a desperation trade to clear salary cap space. It’s a headache that would have been easily avoidable had they not overspent on the bottom of their lineup.

As much as teams want cost certainty with their players and trying to secure their long-term salary cap outlook, it just doesn’t seem to make much sense to commit so many years to a player that isn’t going to be an impact player or a part of your core. The value probably will not remain, and it is going to limit what you are able to do in the future. There is not a third-or fourth-line player in the league right now that is so good at what they do that it is worth committing to it for five, six, or seven years. Age will eventually catch up to those players, and when they decline it is going to hit them even harder than the decline of a star.

Commit to your stars long-term because they can not easily be replaced.

The players around them usually can be.

More NHL Free Agency:
Sissons, Predators agree to seven-year contract
Predators being bold with term, but is it smart?
NHL Free Agency: Most long-term contracts will end in trade or buyout

Adam Gretz is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @AGretz.

Previewing the 2019-20 Toronto Maple Leafs

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(The 2019-20 NHL season is almost here so it’s time to look at all 31 teams. We’ll be breaking down strengths and weaknesses, whether teams are better or worse this season and more!)

For more 2019-20 PHT season previews, click here.

Better or Worse: Worse, but things could have been much worse considering their cap crunch — and also the rather obvious need for Nazem Kadri to get a change of scenery.

Ultimately, it’s still a step back to replace Kadri, Patrick Marleau, Jake Gardiner, Connor Brown, Ron Hainsey, Nikita Zaitsev, etc. with Alexander Kerfoot, Tyson Barrie, Cody Ceci, Jason Spezza, and so on. That doesn’t mean that the end result has to be a step backward, but it’s a minor stumble on paper.

Strengths: Yes, the Maple Leafs are paying top dollar for Auston Matthews, John Tavares, and now Mitch Marner. It just so happens that they’re more or less worth that money; fans of NHL teams have just become conditioned to see these types of guys making less than they should, thanks to the likes of Nathan MacKinnon, Johnny Gaudreau, and Sidney Crosby.

With Morgan Rielly and now Barrie, the Maple Leafs have some pretty potent options as far defensive scoring goes, although things get sketchy once you reach beyond the best options.

Frederik Andersen is also one of the best goalies in the NHL, and can sometimes will the Maple Leafs into games when their defense is cratering and their offense is cold.

Weaknesses: If Andersen gets hurt or struggles, the Maple Leafs’ backup options sure seem pretty dicey. Such a thought might prompt the team to wear Andersen out even if he plays well and stays healthy.

Depth on defense is a bit of a challenge, too.

Frankly, it’s tough to ignore Mike Babcock as someone who might be holding the Maple Leafs back. It’s not always huge decisions, but the conservative leaning can be a death by a thousand cuts. Not giving Auston Matthews enough minutes. Falling in love with old-school defensemen who, frankly, aren’t very good. It all adds up to a Maple Leafs setup that sometimes doesn’t feel fully optimized. I’m not convinced Babcock is a “bad” coach, yet like a lot of others, he has some bad habits.

[MORE: X-factor | Three Questions | Under Pressure]

Coach Hot Seat Rating (1-10, 10 being red hot): It’s usually not the best sign when you end a season needing a vote of confidence from your GM. Babcock came to Toronto with a big reputation and an even bigger contract, making it slightly awkward to fire him, but despite all of the personnel improvements the Maple Leafs have made, they still haven’t won a playoff series since 2003-04. Some of that comes down to facing tough opponents, including being tormented by the Boston Bruins, but patience is wearing thin. Put Babcock at a 9.

Three Most Fascinating Players: Mitch Marner, William Nylander, and Tyson Barrie.

Marner got his wish with a contract that carries close to an $11 million cap hit; now it’s time for him to silence his doubters by showing that he’s worth that asking price. Fair or not, any cold streak will be magnified.

Nylander’s near-$7M AAV looks a whole lot better months later, but that doesn’t mean that Maple Leafs fans have totally “forgiven” him for a bumpy 2018-19 season once he actually signed. His hair choices will also be fascinating to watch.

Barrie brings a lot of skill to the table, and should have plenty of motivation in a contract year. That said, he also has his warts on defense; Maple Leafs fans and media tend to fixate on such mistakes, and it remains to be seen if Barrie will finish 2019-20 with a high standing among hockey folk.

Playoffs or Lottery: Playoffs, and another Round 1 exit won’t be acceptable. That might mean finally scaling the mountain that is the Boston Bruins. Even if Toronto draws someone like the Lightning or revamped Panthers, chances are it won’t be an easy challenge, yet people won’t be very interested in excuses — even good ones — if this season ends just like the last few.

MORE:
• ProHockeyTalk’s 2019 NHL free agency tracker
• Your 2019-20 NHL on NBC TV schedule

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.

Previewing the 2019-20 Tampa Bay Lightning

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(The 2019-20 NHL season is almost here so it’s time to look at all 31 teams. We’ll be breaking down strengths and weaknesses, whether teams are better or worse this season and more!)

For more 2019-20 PHT season previews, click here.

Better or Worse: Worse, and objectively, with far fewer former Rangers. It’s tough to shake the impression that the Lightning’s fixation on Rangers was an Yzerman thing, as Anton Stralman, Dan Girardi, J.T. Miller, Ryan Callahan are all out.

Some losses hurt more than others, of course, and some change was inevitable. Really, the biggest omission would be Brayden Point if he misses any regular season games waiting for a new contract.

Also, the Lightning did mitigate some of their losses with another former Ranger: Kevin Shattenkirk. The Bolts lost some firepower this offseason, but still made savvy moves, especially if Curtis McElhinney continues to be a diamond in the rough as a strong veteran backup goalie.

Strengths: With Point, Kucherov, and Steven Stamkos, the Lightning deploy some of the most powerful offensive players in the NHL, and Victor Hedman provides elite offense from the backend. They’ve also done a marvelous job unearthing overlooked talents to buttress those more obvious stars, with Anthony Cirelli and Mathieu Joseph being the latest examples. It’s pretty easy to see why Miller was expendable, even beyond cap reasons.

The Lightning also figure to have a dependable, if not outright fantastic, goalie duo in Andrei Vasilevskiy and McElhinney.

Weaknesses: That said, there have been times when Vasilevskiy has been a bit overrated, although last season’s Vezina win was fair enough.

 

The Lightning remain a bit weak on the right side of their defense, and some would argue that this team is too small to stand up to the rigors of the playoffs. I’m more concerned with the former issue than the latter, personally speaking.

Generally, you have to strain a bit to emphasize the negative with this team, though.

[MORE: Cooper under pressure | Three Questions | X-Factor]

Coach Hot Seat Rating (1-10, 10 being red hot): Jon Cooper is one of the NHL’s brighter coaches, but he’s not perfect. Could he have settled the Lightning down during that sweep, particularly to maybe keep Kucherov from losing his cool and get suspended? Either way, expectations are high, and blame will skyrocket if the Lightning fall short again. Let’s put it at a seven.

Three Most Fascinating Players: Sergachev, Shattenkirk, and Point.

Remember when people constantly teased the Canadiens about the Sergachev – Jonathan Drouin trade? That mockery has died down as Sergachev’s been brought along slowly in Tampa Bay. Could this be a year of big progress for a defenseman with intriguing offensive skills?

Shattenkirk was a flop for the Rangers, but deserves something of a mulligan for at least 2017-18, when he clearly wasn’t healthy. If handled properly, he could be a budget boon for the Lightning; that said, his potential for defensive lapses could also make it awkward to hang with Cooper.

Whether Point enters the season with a contract or finds his negotiations linger into when the games count, there will be more eyes on him than ever.

Playoffs or Lottery: Playoffs, and lofty expectations for a deep run.

Frankly, I’d argue that the Lightning should have been more aggressive in resting their stars when it was abundantly clear that they were about 20 steps ahead of everyone else. If they’re in a similar position in 2019-20, maybe they’ll try that out? For many, anything less than a Stanley Cup win will be perceived as a failure for the Lightning. Few teams carry such expectations, but then again, few teams are this loaded in an age of salary cap parity.

MORE:
• ProHockeyTalk’s 2019 NHL free agency tracker
• Your 2019-20 NHL on NBC TV schedule

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.

Salary cap economics squeezing out NHL’s middle class

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Stanley Cup-winning experience isn’t worth what it used to be. Neither is experience of any kind.

As NHL teams move toward paying their stars more money and relying on young players to fill the gaps, hockey’s middle class is being squeezed out. Veterans like 2018 Washington Capitals playoff hero Devante Smith-Pelly are finding it increasingly difficult to land guaranteed contracts and are often forced to go to training camp on professional tryout agreements, which cover potential injuries at camp and not much else.

Hockey perhaps more than any other professional sport has put a premium on veteran players over the years. Guys who have been there before, have some grey in their beards and are valued at least as much for team chemistry in the locker room as they are for what they do on the ice.

Adding the salary cap in 2005 began the process of devaluing these so-called ”glue guys” because there is only so much money to go around. This year, that cap is $81.5 million for a team and there is no wiggle room – teams are not allowed to play if they are over the limit.

”It’s sad because these veteran players are monumental to the team,” St. Louis Blues center Ryan O'Reilly said. ”Especially these guys that have won, too, like Devante Smith-Pelly. He’s been in every situation. He’s a guy that you’d want to have because he’s going to help and he’s been in these situations. When it comes around again, it’s not going to faze him.”

Smith-Pelly and Andrew MacDonald in Calgary, Troy Brouwer in Florida, Matt Read in Toronto and Drew Stafford in Minnesota are among the experienced NHL players on camp tryouts this year. Even more are settling for one-year, prove-it contracts like 2019 Cup winner Patrick Maroon (31 years old) and defenseman Kevin Shattenkirk (30) with Tampa Bay, Derick Brassard (31) with the New York Islanders, defenseman Ben Hutton (26) with Los Angeles and forward Riley Sheahan (27) with Edmonton.

Shattenkirk went from making $7 million last season with the Rangers to a one-year contract worth $1.75 million.

”There’s something for me to prove,” Shattenkirk said. ”I think I have a huge chip on my shoulder right now.”

This is all related to how the salary cap is managed.

Across the league, there are 32 players who chew up 10% or more of his team’s $81.5 million salary-cap space – with more potentially on the way when Colorado’s Mikko Rantanen and Winnipeg’s Patrick Laine sign deals. For example, Connor McDavid accounts for over 15% of Edmonton’s cap space.

It is a trend that shows the value of elite talent but it means there is less money to go around for complementary players who are not on entry-level contracts. A handful of players also have expressed concern that restricted free agents are making more out of their entry-level contracts than ever before, further scrambling available money for support players.

”Teams, they want to take a shot on a young guy that has got an upside they see,” O’Reilly said. ”It’s tough because there’s so many good players out there that aren’t getting jobs because of it.”

Chicago’s Jonathan Toews, 31, and Patrick Kane, 30, eat up almost 26% of the Blackhawks’ cap space. They combined to win the Stanley Cup three times, but their deals and rich ones given to defensemen Duncan Keith and Brent Seabrook tend to be blamed for a lack of depth in Chicago, which has missed the playoffs the past two seasons.

Toews said he understands the economics of the league aren’t getting any easier for players as they get older.

”It’s tough,” Toews said. ”It just goes to show you can’t take anything for granted, even though you’ve been in the league or you’re a proven player at this level. You start getting into your 30s … you realize that the league’s only going to get younger, it’s only going to get stronger, it’s only going to get better.”

It’s not just older players, either. Smith-Pelly is 27, Joe Morrow is 26 and trying to make the Rangers and fellow defenseman Alex Petrovic is 27 as a long shot to get a contract with Boston.

Grinding forward Garnet Hathaway played the past two seasons on one-year deals in Calgary making under $1 million each year. He went into free agency a bit nervous but was able to land a four-year, $6 million contract and some security with the Capitals, who also signed Brendan Leipsic to a one-year deal and Richard Panik for four years after each player had bounced around the league.

”Contracts are hard to come by in this league,” Hathaway said. ”It’s such a competitive league. Guys I know personally that have gone through it, they’re some of the most competitive guys. It’s guys who have played in this league a long time and have great careers. You wish them the best of luck, but it’s competitive.”

Sabres’ Brandon Montour out rest of preseason with hand injury

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BUFFALO, N.Y. — Buffalo Sabres defenseman Brandon Montour will miss the remainder of training camp because of a hand injury and it’s uncertain whether he’ll be ready for the start of the season in two weeks.

The Sabres released no details of Montour’s injury on Thursday.

The team said it will provide an update on his status at the end camp. It’s unclear when Montour was hurt after he logged more than 17 minutes in a 4-1 preseason loss at Columbus on Tuesday.

Montour is a fourth-year NHL player and projected to play a top-four role on Buffalo’s blue line. He was acquired in a trade with Anaheim in February.

Buffalo will start the season minus defensemen Zach Bogosian and Lawrence Pilut, who are recovering from offseason surgery.

The Sabres also announced forward Scott Wilson and defenseman Casey Fitzgerald are listed day to day with lower body injuries.