It signs the contract or else it gets the hose again.
Up until pre-season games start up in earnest, the fan focus around Rangerland will continue to be Derek Stepan’s unresolved contract situation. The boys around here have done a fantastic job covering the specifics, comparables and negotiating leverage surrounding the Blueshirt’s final RFA, but I wanted to examine a slightly different facet: the gaping hole in the CBA that lead to this situation to begin with.
The age in which a player signs his ELC will determine whether or not he is eligible for arbitration rights during his RFA years. Depending on how long the ELC is, a player could foreseeably have two years (though, usually just one) of RFA eligibility without receiving arbitration rights. This essentially means a player is allowed to seek “market” value (compared to other team-controlled players with no arbitration rights), but is still somewhat at the whim of the team’s valuation, with very little negotiating leverage. Read more »
Training camp is here, the hockey world is back full time and the Rangers have what appears to be a significant amount of questions as they enter first camp under Alain Vigneault. Let’s hit the musings to open the season.
Derek Stepan: Over his first three years in the league he outscored highly rated youngsters such as Jeff Skinner and Evander Kane. He deserves a significant pay rise; it’s a lot harder to produce in a market such as New York than outposts such as Carolina or Winnipeg. That said, I’m in Sather’s corner; you do not give up your strong negotiating position. However, there has to be a comprise. Stepan is a smart kid; he should not risk his immediate future by missing camp.
Johan Hedberg – he should be cheap, knows the division but indirectly he is a huge acknowledgement by the organisation that – as is the case with Biron’s current situation – if the organisation loses Lundqvist or Biron then there is a huge vacuum of talent at the goaltending position. No one internally is anywhere near the NHL level.
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Stepan > Kadri
In case you missed it, Nazem Kadri signed a two-year bridge deal with the Toronto Maple Leafs last night worth $2.9 million per season. Kadri has just 99 NHL games played –only one full season– and has a line of 23-37-63 over those 99 games. In his only full season, the lockout shortened season, Kadri put up 18-26-44. That 18-26-44 should look familiar, since it is the same line Derek Stepan put up last season. That should mean that Stepan’s market value is $2.9 million, right? Well, not exactly.
The problem is that Kadri has just one full year under his belt. He was bouncing between the AHL and NHL for the first two years of his pro career before that. Stepan cracked the roster immediately, and has three full years (without missing a game) under his belt. The point total for this year may have been the same, but Stepan has 212 NHL games played and a line of 56-84-140. That is an average of 0.66 P/G (1.91 P/60). Kadri’s average was 0.63 P/G (2.35 P/60).
Just an aside: I don’t know where I can find career –or even three-year average– P/60, which is the stat I wanted to use here. P/G isn’t terrible, but P/60 is a more accurate reflection. However, the point is still made. (Thanks George)
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What’s the status of Ryan Callahan and Carl Hagelin?
Both players underwent surgery on torn shoulder labrums following the 2013 season and their initial recovery timelines indicated they could each miss the first month of the 2013-2014 season. However, both Callahan and Hagelin have been skating with teammates in the weeks leading up to training camp and have reported no setbacks. Neither is ready for contact just yet, but they both seem to be progressing quickly. It’s still a good bet that neither player will be ready for the season-opener, but we should get a clearer picture of their status during camp. Read more »
My name is Rick Nash. I am very good at hockey.
The quiet season is well and truly underway but that doesn’t mean the hockey world is standing still. Let’s have a look around the league and have an impromptu musings shall we?
The Capitals signed Mikhail Grabovski this week and it’s a good move. They needed to add some talent and he’s a solid center. It’s incredible to think the Leafs bought a player out less than 18 months after giving him a long term extension. With losing Mike Ribeiro the Caps were in danger of going backwards, Grabovski helps a lot for $3m.
I keep reading that the Rangers are in danger of losing Derek Stepan? Calm down folks. There is no urgency here. He has no negotiating power and it would take an over-the-top offer sheet for the Rangers not to match. The lack of a new deal is no indicator of the importance Stepan has, merely that it’s not a critical priority.
My first prediction for the new season: With one year as a Ranger under his belt, with a full camp, Rick Nash will top 40 goals. In a new system that should give him more offensive zone starts there’s no reason Nash shouldn’t reach that number again. If Nash is healthy and has support from his line mates he should reach that figure. He was close last year (on pace for 39). With Callahan and Hagelin missing to begin, he’ll be needed more than ever.
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Perhaps the smallest but most intriguing piece of news that has come out of Ranger land in recent days is that of Brad Richards already spending significant time on the ice ahead of the up coming season. Last season Richards wasn’t prepared (at all) for the abbreviated, condensed season and it showed all year long. The Rangers did fine without a strong season from Richards but it goes without saying that a well rested, fully functioning Richards makes the Rangers much stronger and more dangerous.
The fact Richards has been skating for the best part of a month is fantastic news. It indicates he is aware of the necessity of being in top shape in a critical juncture in his career and it indicates he’s willing to do whatever it takes to rebound. Barring an MVP like season it is likely Richards is heading into his last year as a Ranger but a good year for Richards means he could make himself attractive to other teams. The free agency market is not looking strong next summer and a 70+ point season from Richards would likely give him another chance to cash in.
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Ryan McDonagh, Derek Stepan, and Ryan Callahan have all been invited to US Olympic Camp, to be held in the last week of August. Callahan, who could serve as one of the captains or alternates, is returning after earning a silver medal in the 2010 games. McDonagh and Stepan will by vying for their first Olympic appearance.
AP Photo/Kathy Willens
Despite coming in at 17th and 19th respectively on various prospect website rankings, the Rangers need not worry when it comes to the talent pipeline just now. Everyone assumes cap mathematics will be the driver behind letting Brad Richards go in twelve months time, and this is indeed true, but the Rangers are especially blessed with promising centers making their way up the system.
With Cristobal ‘Boo’ Nieves, the Rangers have a highly thought of prospect that had an exceptional first year in college in Michigan. They have the Swedish playoff MVP on his way in Oscar Lindberg, and they have a player in Michael St Croix that has been a dominant scorer in the WHL.
Without considering the obvious merits of a JT Miller, the promise (albeit perhaps a little further down the line) of Steven Fogarty, or a talented yet underachieving prospect such as Andrew Yogan, the Rangers don’t need to panic about letting Richards go, nor should they worry about filling his eventual departure through free agency.
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Stepan is the next to get locked up (Photo: UPI /John Angelillo)
In case you missed it this morning, the Rangers re-signed their single most important RFA, locking up Ryan McDonagh to a six-year deal at a cap hit of $4.7 million per season. In doing so, the Rangers got a bargain on McDonagh, who is now signed until he is 30 years old, locking up three all important UFA years at a very reasonable price. With him on board, the next step for the Rangers is to lock up their #1 center: Derek Stepan.
In June, I looked at Stepan’s pending contract and compared his current career path to that of Claude Giroux. The comparison isn’t made at their current NHL level/production, but where they both were at this point in their careers. Without re-hashing the entire post (if you haven’t read it yet, you should), their career paths are shockingly similar. This isn’t to say Stepan should get Giroux’s absurd $66.2 million over eight years, but it is to say that Stepan should look to get Giroux’s second contract – three years at around $3.75 million per year.
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Ryan McDonagh will likely carry a cap hit between $4 million and $4.5 million
The decision to keep Brad Richards for another season left the New York Rangers without much wiggle room under the salary cap. Sure, New York is currently $14 million under the $64.3 million cap ceiling, but much of that will go toward retaining restricted free agents: Ryan McDonagh, Derek Stepan, Carl Hagelin, Mats Zuccarello and Justin Falk.
According to Dave’s projections, we can expect McDonagh’s new cap hit to come in around $4 million to $4.5 million and Stepan’s to be between $3.5 million and $4 million. It’s probably a safe guess that Hagelin, Zuccarello and Falk will eat up a minimum of another $4 million. So even on the low side of things, the Rangers will need at least $11.5 million to keep their team intact. Read more »