No they were not, they were based on the "assumption" that the cap will be raised to 75M that next year, GMs that rely on assumptions are bad GMs. But lets assume and say it got to 75M, that is still not the market value for Toews. The cap is 73M(3% difference from the 75M) now and players like Stamkos are getting 8.5M. Remember Toews was signed to that contract TWO years ago and it still looks horrible. That extra 3 Million that he is getting paid will help the team big time. We could have kept TT for at least another year or kept Saad, or not been in a danger of losing another young guy in Panarin. Anyway the excuses for his performance will always be there and the credit for all the cups will always be given to him, if you look at all the teams that won the cup, they were stacked teams, Toews didnt win the cup, he was one player.
If the cap rises to 75 million, 10.5 million is absolutely market value for Toews. You're out of your mind if you don't think any number of NHL teams would jump at the chance to pay 3-time cup winning captain and elite 2-way possession monster a mere 14% of the cap. Frankly, there are teams now, under the current cap that would happily take him, they just aren't teams he'd want to waive for. Blackhawks fans are so used to having a team FILLED with stars, we forget there are tons of teams without ANY.
The 'issue' for the Blackhawks is that they have TWO elite players that have been critical to winning 3 cups (never mind the unspoken marketing benefit to the franchise, which is impacting their dollar value as well). In a shocking turn of events, elite players that perform well and win a ton get paid a lot of money, especially when rules have been set to limit the means of bringing down the cap impact.
So yes, there's a squeeze. A squeeze we all knew was coming the day they were signed.
I'd rather have a star signed (let alone 3), then a ton of cap space and no stars available, because they NEVER become available via any means other than the draft. And I don't think the Blackhawks want to tank for 1st overall quite yet.
People are reacting disproportionately because Toews had the first down career of his year. You'd think 7 years worth of elite play would have bought the guy some benefit of the doubt, but I guess not. Read this, it should help with some of the anxiety:
http://www.sportsnet.ca/hockey/nhl/toews-makes-everyone-around-him-better/
Toews contract remains far less of an issue moving forward than Seabrook's contract, as the latter is not only older (and will be far older when it ends), but because his performance has been on a steady downward trend, rather than coming off a single bad season.
People are freaking out over the wrong contract costing us talent. On-ice performance for cap hit, nobody is harming the Blackhawks more than Seabrook at the moment.
BS.... It was pure speculation by Stan and he showed he didn't have the stones to 1/ separate the two players by not offering identical contracts to both 2/ not taking a stand by maxing out what he would pay. It was a major fail that has already cost Hawks dearly and will continue to do so in the current market.
And please don't compare either Hawk player to Sid, who is arguably the best player to ever play this game. Once again I point to Stevie Y and his handling of Stamkos/Hedman. That is what a good GM does. Toews/Kane have Stan wrapped around their baby fingers and have taken full advantage of it. That wimpiness could go down in history as a major reason that Hawks went years after those signings before getting a sniff at the SC again.
For somebody that has made such a big deal about locker-room chemistry and what not, I'm a little surprised you think taking your two biggest stars, that have contributed equally to the team's success on and off the ice, in 2014 and telling one of them that you value them less in dollars than other would be a good move...
Yes, Stan overpaid and made the deal too quickly. But they were going to get identical contracts regardless, and rightly so.
I'll probably be criticised for this but what bothers me is that Toews has not owned up to his sub par performance(s) for most of last season. Not that I have heard anyways.
I'm finding it difficult to recall Toews ever talking in depth about his own performance, positive or negative. When asked about his performance, success, etc, he pretty much always answers with 'we' and speaks of team performance and success.
I wouldn't expect Toews to go in depth into his performance last season any more than I would any of the seasons he was chewing up and spitting out the competition.