Every postseason a new storyline emerges as to how NHL teams should construct their rosters, and it usually revolves around the teams playing the deepest in the playoffs and how they managed to get there.
After all, everyone wants to copy off the teams that win and not the teams sitting at home.
The new trend could be anything, really. Sometimes it revolves around defensive structure, or size and grit. Sometimes it is about speed and skill. We are always looking for the next “thing” that is going to take over the NHL. To be fair, there can be some merit to these storylines and trends.
The one thing that stands out about the four teams playing in the Conference Finals this season is that none of them have a really huge salary on their roster. This is a fact that was pointed out in an article by the Athletic’s Pierre LeBrun on Monday when talking about the upcoming crop of restricted free agents and how teams might try to approach them given the salary structures of the remaining playoff teams.
There is not a single player in the top-20 of NHL salary cap hits still playing in the playoffs, while San Jose’s Brent Burns ($8 million) is the only one in the top-25.
St. Louis’ Vladimir Tarasenko and Ryan O'Reilly ($7.5 million each) and Boston’s David Krejci ($7.25 million) are the only other ones in the top-40.
Carolina’s highest paid player is Jordan Staal who counts $6 million against the cap, the 89th largest salary cap hit in the league. The Hurricanes also have one of the lowest total payrolls.
In the article LeBrun quotes an unnamed NHL executive who points out of the favorite talking points of executives in the salary cap era: “You need depth to win and can’t allocate too much cap space to any individual players.”
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The first part is 100 percent true, because you do need depth to win.
The second point is just … wrong. That is not a personal opinion, and it is not something that is going to change just because of one mostly unpredictable postseason. It is a fact. That is what makes it so maddening every single time it gets mentioned. The Toronto Maple Leafs’ core can’t be discussed without fear over their future salary cap situation and how they are going to build a contending team around so many big-money players. There is always trade speculation mentioned around teams that “need” to shed salary because they have too much money going to too few players.
I hate this mindset, mostly because there is zero factual evidence to back it up.
While it is true that the four Conference Finalists this season have made it this far without a mega-money player on their roster, it is also true that this development is an anomaly in recent postseason history.
Burns is currently the only player in the Conference Finals that accounts for more than 10 percent of the league salary cap this season.
The Blues and Bruins both have players in the 9 percent range, while the Hurricanes don’t have anyone that takes up more than 7.5 percent.
Let’s just take a quick look at how that compares to the past five years of Conference Finalists. The table below looks at the highest cap percentage on each team that played in the Conference Finals that season.
Of the 20 teams over the previous five years, 16 of them had at least one player accounting for more than 10 percent of their allotted salary cap space that season; 13 of them had one taking up more than 10.5 percent; nine had more than 11 percent; seven had a player taking up at least 12 percent.
That includes multiple Stanley Cup winners in Pittsburgh and Washington over the previous three seasons.
Many of these teams also had multiple players taken up between 10 to 12 percent of the salary cap on their own.
In any contract negotiation there are always going to be two sides with very different goals. The player is usually going to try and get as much money as they possibly can for their production. They have short careers and an even shorter window to get a significant contract, so they are going to try and cash in when they can. The team is going to try and get the player for the best bang for their buck, not only because of the salary cap, but because that is just how sports teams work. It is obviously beneficial for a team to get a superstar at a below market contract (think Nathan MacKinnon in Colorado) in a capped league but it doesn’t always work out that way. Sometimes you have to pay your best player top dollar. It is always worth it.
If there is a team in the NHL this offseason looking at the roster construction of these four teams and thinks it is going to be beneficial to trade a big money, star player for multiple, cheaper assets or play hardball with an RFA over an extra two or three million it is probably going to end very, very badly for them. Because they are either going to make a bad trade for the wrong reasons (quality for quantity) or risk damaging a relationship (or maybe even losing) a core player.
Just because this particular postseason will not have a mega-money player in the Stanley Cup Final does not mean that is always the best way to go about building your team.
Star players still matter a lot, and star players still cost a lot money.
One postseason will not change that.
Adam Gretz is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at firstname.lastname@example.org or follow him on Twitter @AGretz.