Hearing Gillis on the radio this morning go on and on about how hard it is to make a trade, as he so often does, motivated me to start this thread. This has actually bothered me for a long time (possibly because I earn a living as a trader).
How can it possibly be that difficult to make a trade?
There are 30 teams, all in different phases, with different strengths, weaknesses, needs, and assets. I just don't buy for a second that it's "so hard" to make trades in the NHL. Cap compliance is mostly elementary stuff. What are the other barriers?
IMO, there are mostly no trades in the NHL because you've got 30 gun-shy GMs who's first interest is in keeping their seven-figure jobs for as long as they can. A single, costly mistake can rid them of that position pretty quickly - just ask Dale Tallon. So the effect is that you've got the Canucks with two goalies on their roster, each of whom should be starting, since roughly 2011, and that's not at all the league's only example of poor roster fit.
You've then got each GMs ego to satisfy. You can be sure that they never want to be the one making the first call.
So you've got guys who badly don't want to make a mistake, and you've got guys with ego's who don't ever want to appear bargaining from a position of weakness. And this leads to no activity at all in the NHL, which, to me, makes absolutely no sense.
Anyone else agree/not buy the "it's so hard to make a trade" excuse fed to us by MG?
I'm really interested in this topic of conversation as well, though I'm not a trader.
A few discussion points:
I haven't ever found numbers to prove this, but it seems generally accepted as fact that trades have declined since the cap era. Anyone who can confirm this I would appreciate it. To me though I buy into this generally speaking as a fact until I'm educated otherwise.
Your point on GM salaries probably holds true to a certain degree, but I don't know if these salaries have ever really gone up, at least gone up and have a correlation with fewer trades
Your comment about ego's is probably telling, I have no anecdotes to provide but i'm sure there's something to be said about that. But what I don't get is that trades should never be adversarial in nature, even though everyday joes point to trades and judge winners. To me a winner of a trade should be both teams. In a trade two teams are basically partnering to solve their problems by exchanging pieces. Neither team should lose if this approach is taken. Both teams should come out of a trade with better teams as a result. Why is always, seemingly, about bending the other guy over?
Again I have no real stats, so i'm nervous about making this statement but it seems that in early days here with this new CBA that the amount of trades may be taking yet another step back.
I suspect that GM's aren't really "with it" as much as you might think and they are all waiting around nervously to understand some of the "gotchas" with the new CBA. There hasn't been single trade yet keeping salary or cap hit that I know of. We saw Feaster offer sheet ROR even though he apparently would have to pass waivers anyways. Are these guys so unconfident about being robbed or missing some legal aspect of generally making a mistake that they have frozen the entire market?
In conclusion, the only explenation I can really offer, which isn't based on anything i've actually quantified is that as CBA 'loopholes' slowly get closed, and they are now that we're in the second CBA agreement of the cap era, it's simply becoming increasingly difficult to bury past mistakes through a loophole that everyone just as you suspected is paranoid of screwing up.