NHL’s Top-20 Current Worst Contracts

Market. Competition. Desperation. Self-preservation. All factors dictating, justifying and/or describing NHL General Managers’ actions during the summer months, but mostly in the early days of July when free agents hit the market. All of which contributing, in one way or another, in bidding wars bumping up the so-called market value of a player, or players within the same category, numbers used at a later date by other players’ agents in justifying the new bar for their clients in future negotiations. The best General Managers are those who can resist succumbing to the temptation of getting into betting wars, by simply sticking to their plans going in… but “simply” just isn’t that simple as it’s often easier said than done.

The irony of this whole phenomena is that the NHL imposed a hard salary cap in an attempt to stop that process, in a way to protect GMs from… themselves. But as we’ve witnessed over and over again, it hasn’t worked. All it has done is kill GM’s abilities to “fix their mistakes” by trading their bad contracts, making it less exciting for fans as in-season trades are few and far between.

“If you look at history in the NHL, the biggest mistakes are made in early July. Worst contracts, guys who underperform. The biggest mistakes are July first. You have to be careful.” ~ Marc Bergevin

As the July 1st Free Agents’ Frenzy is once again upon us, let’s take a look at the NHL’s current worst contracts. Taken into consideration are factors such as cap hit, production, games played, no trades protection, protection against buyouts (signing bonus), age and number of years remaining to the contract. In order to understand the buyout protection, signing bonuses don’t count in the case of a buyout, only the player’s salary. For example, for every year of his contract, Andrew Ladd’s base salary is $1M. The rest is all signing bonus. So the Islanders would still be left with $4.833M of his $5.5M counting against their cap.

20. Antti Raanta (G) 30 – 12 GP – 2.88 GAA – 0.906 SV%

19. Scott Darling (G) 30 – 8 GP – 3.33 GAA – 0.884 SV%

18. Ryan Johansen (F) 26 – 80 GP – 14G – 64 PTS

17. Brandon Dubinsky (F) 33 – 61 GP – 6 G – 14 PTS

16. Cory Schneider (G) 33 – 26 GP – 3.06 GAA – 0.903 SV%

15. James Neal (F) 31 – 63 GP – 7 G – 19 PTS

14. Justin Abdelkader (F) 32 – 71 GP – 6 G – 19 PTS

13. Erik Johnson (D) 31 – 80 GP – 7 G – 25 PTS

12. Ilya Kovalchuk (F) 36 – 64 GP – 16 G – 34 PTS

11. Bobby Ryan (F) 32 – 78 GP – 15 G – 42 PTS

Keep in mind that with the upcoming expansion draft, only those with No-Trade Clauses (NTC) can be left unprotected for Seattle. A player with a No-Movement Clause (NMC) MUST be protected by their team. This has a huge impact on how bad the contract is considered.

10. David Backes (F) 35 – 70 GP – 7 G – 20 PTS

9. Niklas Hjalmarsson (D) 82 GP – 0 G – 10 PTS

8. Karl Alzner (D) 30 – 9 GP – 0G – 1 PT

7. Corey Perry (F) 34 – 31 GP – 6 G – 19 PTS

6. Ryan Kesler (F) 34 – 60 GP – 5G – 8 PTS

And now down to the nitty-gritty, the five worst contracts in the NHL.

5. Nikita Zaitsev (D) 27 – 81 GP – 3 G – 14 PTS

4. Andrew Ladd (F) 33 – 26 GP – 3 G – 11 PTS

3. Kyle Okposo (F) 31 – 78 GP – 14 G – 29 PTS

2. Loui Eriksson (F) 33 – 81 GP – 11 G – 29 PTS

1. Milan Lucic (F) 31 – 79 GP – 6 G – 20 PTS

With the news that Erik Karlsson just signed a contract extension with the San Jose Sharks giving him a $11.5 million cap hit, we might have to wait a few years but that contract might eventually find its place amongst the NHL’s worst contracts… particularly if he can’t stay healthy. Either way, desperate GMs are likely to fall, as they do every year, to the peer pressure of getting a much desired free agent but as you can see, the notion that teams “get them for free” is as far as it gets from accurate. Here’s hoping that Marc Bergevin doesn’t pull another Alzner. Could Matt Duchene be a good fit? We’ll find out soon enough. Go Habs Go!

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Pending Free Agents: Class of 2019

It’s early, the second round of the Stanley Cup playoffs is just starting and talks about free agents is somewhat premature. Having said that, when your team is eliminated, there isn’t much to look forward to except for their next move, the next big date and that date is about two months away, at the NHL Draft. The next day, teams will be able to talk to pending UFAs and on July 1st, players will be able to announce their choice.

Much can change from now until the actual date but let’s explore the possibilities as they stand today and admittedly, those lists will look somewhat different at that time. Regardless, let’s do the exercise, shall we?

Team needs

Ever since Marc Bergevin traded P.K. Subban for Shea Weber, there has been a huge hole on Weber’s left. You see, Weber plays big minutes against the opposition’s top lines game in, game out and it’s not everyone who can do that. At the top of his game, Andrei Markov was the perfect partner for the one they call Man Mountain but he was getting too old to play top minutes. Victor Mete did okay but he’s not the ideal candidate. Bergevin MUST finally address this gaping hole on his team and if he fails to do so once again, many people, myself included, will be very disappointed in him.

Also, the powerplay was atrocious and it needs some sort of injection. Whether it be a top-end right-handed goals’ scorer or a left-handed pointman (they have Weber and Petry on the right side), Bergevin needs to help his coaching staff by providing them with the necessary tools to fix a powerplay that finished 30th in the NHL with a 13.2% success rate and was too often a momentum killer for the Canadiens last season.

While I personally fully expect that Bergevin’s biggest splash will be through a trade or two as he’s always done, let’s still have a look at the pending unrestricted free agents’ pool this upcoming July first. Granted, it’s early and some of these guys will re-sign with their respective team but as it stands right now, it promises to be an interesting off-season, a buyers’ market if we can say.

Defensemen

The Canadiens’ depth chart on the right side is deep, very deep with quality assets both older and younger. Shea Weber, Jeff Petry, Christian Folin, Noah Juulsen, Josh Brook, Cale Fleury and Brett Lernout form a solid depth group on right defense. But on the left, there are numbers but the quality is lacking, particularly at the top end. Victor Mete, Brett Kulak and Mike Reilly are in the NHL and Jordie Benn is, at the time of writing this, a pending UFA. Alexander Romanov is the team’s best hope but he has one year left to his contract in the KHL and he is likely a few years away from having an impact at the NHL level. Gustav Olofsson is interesting and he will be coming back from injury. Scott Walford and Jarret Tyszka are good projects but they too are a few years away.

Having said all of that, here are some of the top pending UFA’s on defense:

Alex Edler has made it clear that he wants to stay in Vancouver and the Canucks would like to have him back. Marc Methot has slowed down the last two years and so has Niklas Kronwall. The most interesting might be Jake Gardiner but according to TSN Insiders, he should fetch between 6-8 million per season for seven years. That’s way too rich for him and I would personally stay away from him. He’s simply not that good. Ben Chiarot might be an interesting gamble but is he really an improvement over what the Habs already have? I think that the best way to get what he wants would be for Bergevin to sacrifice a forward or two to get the right fit and two names come to mind: Anaheim’s Cam Fowler and Philadelphia’s Shayne Gostisbehere, both of which can also man the point on the powerplay.

Forwards

At forward, it’s a different story. The Canadiens are deep at that position and so is their depth chart. Max Domi was a very pleasant surprise at centre and unless a Matt Duchene type of players lands in Montreal, he’s likely to stay at that position. But there are currently plenty of very interesting names on that list and Bergevin should have a chance at picking at least one of them… if the price is right.

Of course the two biggest fish are Artemi Panarin and Matt Duchene. Panarin apparently wants to play in a big US market but many link Duchene to the Habs because “he grew up a Habs’ fan”. We all know how that works out most times so don’t hold your breath folks. If I’m Bergevin, it doesn’t matter if it’s a centre or a winger, I go after the best player available as Domi could go back to the wing if need be. It’s easier to make a winger out of a centre than the other way around.

Pending RFA’s

I have to touch on that because some feel like offer sheets are a tool that NHL GMs don’t use often enough. As we’ve touched on before, Paul Holmgren explained that offer sheets can be devastating to a GM’s career and that is predominantly why we don’t see them. That and usually, the price is steep, very steep for the more lucrative contract offers.

OFFER SHEET (AVG)COMPENSATION
$1,339,575 or belowNone
Over $1,339,575 to $2,029,593rd
Over $2,029,59 to $4,059,3222nd
Over $4,059,322 to $6,088,9801st, 3rd
Over $6,088,980 to $8,118,6411st, 2nd, 3rd
Over $8,118,641 to $10,148,302(2) 1st, 2nd, 3rd
Over $10,148,302(4) 1st

Still, here’s this year’s list of pending RFA’s:

Some folks see the signing of Nate Thompson and Jordan Weal as a sign that Bergevin will be satisfied with minor signing. That’s either ill intent or ignorant on their part as the Canadiens’ GM has always been one of the most active on the trade front since taking over in Montreal… and it’s only April 27th! You can expect much of the same this upcoming summer. They have a plan and will follow through with it. The future is bring in Montreal. Go Habs Go!