Which contracts are responsible/

Discussion in 'Fugu's Business of Hockey Forum' started by hockeytown9321, Sep 20, 2004.

Thread Status:
Not open for further replies.
  1. hockeytown9321

    hockeytown9321 Registered User

    Joined:
    Jun 18, 2004
    Messages:
    2,358
    Likes Received:
    0
    Trophy Points:
    0
    Last edited: Sep 20, 2004
  2. Guest

    Guest Registered User

    Joined:
    Feb 12, 2003
    Messages:
    5,599
    Likes Received:
    38
    Trophy Points:
    146
    I agree with the examples given in the article, but I don't see the parallels in your two examples.

    Thornton's rookie contract surely kept the bar raised high, but other than Kovalchuk, I can't really think of too many who benefited by comparing to the Thornton contract.

    Same with the Fedorov contract. That ended up being one of the last, if not the last offer sheet that was signed. There were not other contracts that were top loaded with all incentives and a lower guarantee like that. It no doubt helped to raise the bar for UFA's like Turgeon & Roenick, but I think the Sakic contract is more responsible for the Federov contract and so on.
     
  3. hockeytown9321

    hockeytown9321 Registered User

    Joined:
    Jun 18, 2004
    Messages:
    2,358
    Likes Received:
    0
    Trophy Points:
    0
    Right, I'm just thinking of contracts that were huge for their time.

    Fedorov got something like $28 million for 4 months of work in 98. I know his deal averaged out to about $6 million a year, but the Red Wings were thinking more in the $4-5 million range when resigning him. And just for the record, that offer sheet was made of of spite, becuase Karmanos and Ilitch don't like each other, and Karmanos knew Ilitch would match it. And Karmanos is one of the owners crying and complaining now.
     
  4. Digger12

    Digger12 Gold Fever

    Joined:
    Feb 27, 2002
    Messages:
    18,265
    Likes Received:
    932
    Trophy Points:
    214
    Gender:
    Male
    Occupation:
    Technical Analyst
    Location:
    Back o' beyond
    Exhibit A right there about why this league is where it is...

    Too many owners trying to throw each other under the bus for the benefit of their own franchise, not enough owners regarding each other as partners in a larger business.
     
  5. me2

    me2 Calling out the crap

    Joined:
    Jun 28, 2002
    Messages:
    34,193
    Likes Received:
    1,954
    Trophy Points:
    231
    Location:
    Blasting the bull***
    Prospects using the college loophole to become UFAs who get bigger than usual salaries. This promotes envy amoungst other rookies.

    TO offered Ohlund $2m/y as a rookie. That hurt the nucks, but I don't think it flowed through to the NHL as whole.
     
    Last edited: Sep 20, 2004
  6. Tom_Benjamin

    Tom_Benjamin Registered User

    Joined:
    Sep 8, 2003
    Messages:
    1,152
    Likes Received:
    0
    Trophy Points:
    0
    Home Page:
    I don't think any of these contracts flowed through to the NHL as a whole. The articles is wrong about both the Kariya and Lindros contracts because neither player was governed by the entry level salary structure.

    The Sakic contract did lead to the Lindros one. The Fedorov contract was also crazy and probably cost the NHL more than any other deal. Both Jagr and Bure had clauses in their contracts that went:

    "If Pavel gets 40 goals, 90 points in season X, he is guaranteed the average of the top three players in the NHL." His salary jumped from $5 million to nearly $9 million when Fedorov made $28 million. Tkachuk's deal - another ill-advised RFA offered contract - was also inflationary.

    When these offers were being made, salaries were increasing from 15-20% a year. Those kinds of increases ended several years ago. There is a clear distinction to be made between players who came into the NHL before the new CBA and after the new CBA.

    Tom
     
Thread Status:
Not open for further replies.

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice
monitoring_string = "358c248ada348a047a4b9bb27a146148"