News Article: Subban's next contract
- Thread starter Brainiac
- Start date
habdynasty
Registered User
- May 26, 2008
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Sterling Archer
Registered User
- Sep 26, 2006
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Salaries evolve but the top guys just signed their contracts in the past couple of years. Even at that, they were all relative to each other. Weber and Suters were similar even though they signed in different years. Same for Doughty and Karlson and so on. PK in the $8M range is way off the reservation.
Really guys. Cap geek. His cap hit is $7.8M.
http://capgeek.com/player/1042
If the Habs and Subban agreed to a deal, it will turn out that the bridging contract was the right thing to do, as many of us claimed on here before. Subban was apparently looking for $5.5M for 5 years. Let's compare with and without bridging contracts, shall we?That (rumoured) deal from 2 years ago at 5-6 million per - long term is sure as hell looking good right about now...isn't it?
But yeah, give him what he wants. This guy needs to be a lifelong Canadien.
WITHOUT
2011-2012: $5.5M
2012-2013: $5.5M
2013-2014: $5.5M
2014-2015: $5.5M
2015-2016: $5.5M
TOTAL: $27.5M, then he becomes a UFA in 2016 demanding big bucks.
WITH
2011-2012: $2.875M
2012-2013: $2.875M
2013-2014: $8M
2014-2015: $8M
2015-2016: $8M (TOTAL: $29.75M)
2016-2017: $8M
2017-2018: $8M
2018-2019: $8M
2019-2020: $8M
2020-2021: $8M
GRAND TOTAL: $69.75M
Let's say, for arguments' sake, that Subban signs for $10M per season in the first scenario, without the bridging contract...
2016-2017: $10M
2017-2018: $10M
2018-2019: $10M
2019-2020: $10M
2020-2021: $10M
TOTAL: $50M
CONCLUSION
Without the bridging contract, the Habs would have to pay him $77.5M ($27.5M + $50M), that is if they can retain him as a UFA at the end of the 2015-2016 season.
With the bridging contract, the Habs pay him a total of $69.75M and he doesn't become a UFA until the end of the 2020-2021 season. In addition, they only paid him $2.875M per season when the league lowered the cap after the CBA, when teams' salary caps are at its lowest.
Lafleurs Guy
Guuuuuuuy!
- Jul 20, 2007
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Why would we say this? Why wouldn't he just sign for 8 or whatever it is he's about to sign for?
Your conclusions rest on assumptions that have no foundation behind them. All we really know for sure is that we're paying more for him for the next three years than we otherwise would have to.
This also doesn't take into account that we forced our best player to take far more than he was worth over the past two seasons...
Are you just going to completely ignore the fact that all of Weber, Suter, Doughty and Karlsson were signed under the old CBA. Karlsson and Doughty you can compare to Subban's as they are not circumvention contracts.
Weber and Sutter are simply not comparable as they don't exist in the same world. What their cap hit is is irrelevant.
In order to break even, Subban would have to sign for about $8.5M per season for the next 5 years starting in 2016-17, assuming that he re-signs in Montreal, without the bridging contract.
This clearly destroys the conspiracy theory, if Subban signs long term this season and that, whether you want to admit it or not.
Smokey Thompson
Registered User
Subban is not a dumb person, nor is his agent. He wouldn't have signed 8 years at $5.5m last year. He would have taken into consideration that his value would have risen steadily, and therefore he would have signed for around 5 years, bringing him to free agency at the end of the deal.
The post you quoted is actually quite accurate. In the long run, we're saving. Assuming that he signs 8 years $8 - 8.5m per.
Get as much as you can PK. He deserves every penny not just because he's a Norris winner and one, if not the best defenceman in the league but because of all the ******** and negativity thrown his way.
Give Subban an 8-year contract. It's not very risky considering his youth. Some of the very long-term NHL contracts we've seen in recent years given to players at or near the age of 30 have been insane. It's not our money, folks, and the cap is not on our salaries (of course, I'm long retired). The admission prices would still be high even if the Habs' roster was filled with mediocrity.
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Lafleurs Guy
Guuuuuuuy!
- Jul 20, 2007
- 75,649
- 45,822
What conspiracy theory?
All we know is that we're going to pay through the nose for the next three years when we wouldn't have to. That's it.
And we should've paid the man more than the sub 3 mil that he's averaged over the last two seasons. Instead we ripped him off.
Who said he would've? He was asking for 5 for 5. Not 8 for 5.5. And we should've taken it.
Cole Caulifield
Registered User
- Apr 22, 2004
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Who cares about money saved in the long run ? What we care about is the cap hit when the habs will be contender. Habsterix missing the point entirely once again. Huge surprise.
Also you say he and his agent are intelligent as if it would have been dumb to sign for 8 years 5.5M.
There are many things wrong with that statement.
#1- We could have signed Subban BEFORE this new CBA. We could have signed him for any number of years we wanted. Frontloaded deal a la Weber, etc
#2- The entire point of inking a young RFA that has not reached his full potential is to get a discount because you're putting your trust in him. The player willingly foregoes a bigger payday down the line in order to get security and also help the team get an advantage.
It was dumb at the time and it still is after the fact.
Maliki2
Registered User
According to Richard Labbé (La Presse):
http://www.lapresse.ca/sports/hocke...sentendraient-sur-un-contrat-a-long-terme.php
-Should be for 6 years or more
-Probably around 8M/y
-Team doesn't want to go to arbitration (well, duh!)
Get it done!
WOW! Earth shattering news...we are gonna sign Subban!??!?!?
But what you don't seem to realize is that by not signing a bridge deal, it would force us to pay Galchenyuk and Gallagher big bucks right away, and put us in cap trouble, whereas now, the precedent is set so when we DO have to sign them for big bucks, the cap will be much higher than it is now and we will have multiple contracts gone which gives us more wiggle room.
Well the answer is probably that the contract averaging $8M includes 2 years that are not UFA. He is assuming that a UFA-year-only contract would cost more. But of course, all of this is just speculation/assumption anyway!
Cole Caulifield
Registered User
- Apr 22, 2004
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In no way would it force us to sign every player coming out of their ELCs to big deals.
Every player should be a different case altogether to be considered on its own merits.
Your mistakes started right there. The first year was 2012-2013, one year closer to UFA than you are saying.
CaptainBenn
Registered User
- Sep 8, 2012
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Yes, but the "2.875 cap hit" was partly an illusion that played around with the cap.
Last year was a partial year, only 58.5% of the games were played. He was paid $1.17 last year and $3.75 this year, for a total of $4.92 which is actually $3,066,000 per year averaged. And PK got his $3.75M base in case he wants to go to arbitration. And the point was that it was only for two years.
I'm making this correction simply for the sake of accuracy. Had I been GM and if his request were really 5 years at $5M, I might actually have signed him to that myself. But it might have been a big mistake. The problem would have been dealing with him at 28 years old, a UFA with three or four Norris finalist seasons under his belt. I think with the bridge contract, there is less chance of losing him before he is in his thirties than had we made the five year deal.
I think Bergevin and co. went for the bridge contract NOT because they UNDER-valued him relative to the fanbase, but because they actually valued him highly and were worried about having him reach UFA at 28 years old.
WOW! Earth shattering news...we are gonna sign Subban!??!?!?
Funny, there was a time last year when it wasn't all that obvious.
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