Yeah but what if Melnyk's internal cap is a percentage less of what the league cap is. For example 10% less or 15% of what the overall for the league is. Therefore when the league cap rises, we'll rise with it.
Budget teams do not care about cap hits.
They are relevant for trades only, because if Ottawa was to trade Colin Greening to the Blackhawks per example, the Blackhawks would have to be sure they could fit in a player with a 2.5M cap hit.
I think I commented on the cap hit in an earlier post, but I was just trying to play devil's advocate and outline the worst case scenario, which would be Bobby Ryan devolving into a third liner for the second half of his contract, while Ottawa is then ready to spend to the cap because Melnyk won lotto 649 or something.
Odds are, cap hit will be irrelevant for most or all of the contract, and Bobby Ryan's cap hit as well as salary will end up being a slight bargain in the long run. In 4 years, we could see UFA 20 goal scorers getting 5-6 million. Advanced statistic arguments aside, Pouliot got 4 million for 15 goals.
Those may be the offers on the table and Ryan will be considering them but remember guys, they are offers. Ryan's agent is likely to come back and counter offer, rather than to straight up accept those term.
I think Ryan ends up coming back to the table and countering on the 8 year contract, and we settle on a cap hit around 7mil.
Honestly I would be so happy to sign Ryan to a contract like that, only because as a free agent I know he could potentially get so much more from a GM looking to make a splash on July 1.
I could be wrong, but my interpretation was that they agreed in theory to either one of those deals after negotiating, and now it is up to Ryan to decide whether he wants to settle down for the rest of his career in Ottawa.
I'm sure he could get more than 6.5 on the open market, but he also takes a risk that he'll get injured, or have another season like last year where due to injuries or other factories he might not hit the numbers he should be capable of hitting. Kessel got 8 from the Leafs and he is one of the elite scorers of the league. 6.5 for Ryan is a pretty good comparable.
An example, Vanek was probably always going to Minnesota depending on who you believe, but look at how much his stock seemed to drop after his run with Montreal. That's why extensions some times become more desirable than testing the market, so long as the team extending the player is being reasonable.