Henrik Lunqdvist’s next deal – pivotal?
When Sidney Crosby signed his last contract with the Pittsburgh Penguins he did so without huge fanfare, while signing for a large amount of money over a significant period of time. Some wondered why the Penguins took the risk given Crosby’s recent history but the fact remained, the Penguins locked up arguably the best center in hockey.
While signing on the dotted line, Crosby left dollars on the table. Whether it would have been with Pittsburgh or elsewhere Crosby could have named his price to all 30 NHL clubs (yes Crosby haters, ALL 30) and each team would have begged him to sign. In a financial world where Crosby could have signed for an annual cap hit of $12.86m (20% of the current cap) he signed for a cap hit of 8.7m. Not chump change for sure but clearly money ‘given up’.
When Crosby signed on the dotted line he clearly cashed in (a twelve year extension worth an 8.7m cap hit is clearly ‘cashing in’) but he also made sure the club were given some financial wiggle room. He notably didn’t take the maximum contract on offer and in doing so set the tone for others within the franchise to perhaps do the same.
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Per Bob McKenzie, the biggest obstacle for the Rangers and locking up franchise goalie Henrik Lundqvist won’t be dollars, but it years:
Bob McKenzie: And that’s also the thorny issue there could be withHenrik Lundqvist and the New York Rangers. When Henrik Lundqvist‘s current deal expires and he’s on an extension, he’ll be 33-years-old on the first year of that extension. Do you want to give a 33-year-old goaltender, as good as Henrik Lundqvist is and as much as he means to the New York Rangers, a long-term deal or do you want it shorter?
The emphasis here is on the word could in the first sentence. McKenzie is absolutely right, the only real sticking point will be term, not dollars. Hank is going to get more than the $7 million given to Tuukka Rask and Pekka Rinne, that’s a given. If New York gives him eight years, that puts him through to his age-41 season. Hank has shown no signs of slowing down, but goaltenders do tend to break down in their mid-to-late-thirties.
Again, emphasis is on the word could. It could be a problem, it might night not be a problem.
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 »
Welcome to the final installment of the annual Top 30. It’s been a fun ride over the long summer months, but with hockey season upon us, let’s take a gander at the Top 10. In case you missed it, here are parts one and two. Before we get to the best tenders in the land, let’s take a look at the final two tenders who were relieved from their Top 30 duties of a year ago…
Miikka Kiprusoff- Retired: The reason Kipper is no longer on the list is pretty obvious: he chose to retire at the end of last season, even vetoing a trade to the Maple Leafs prior to calling it quits. The Finnish keeper was #15 on the list last season, and surely would have made another appearance had he not decided to hang ‘em up.
Nikolai Khabibulin- Chicago Blackhawks: The Bulin Wall checked in at #26 last season, when he was getting fairly consistent reps in Edmonton. However, since he decided to take on the role of veteran backup behind the newly extended Corey Crawford, he is sure to see his playing time significantly reduced. While I believe Khabby is still a solid keeper, the role change really forced my hand.
With that out of the way, ladies and gentlemen, rankings 10-1… Read more »
A goaltender actually worth his salary: The King
Corey Crawford got $6m per year long term? I think it’s clear at this stage that Henrik Lundqvist is going to get a serious pay rise. Some goaltenders are products of great teams (Crawford, a good but not great goalie may be exhibit A here) and some are great goaltenders who make teams better – a la Lundqvist. Unless he signs a team friendly deal Lundqvist will easily walk away as an 8m player.
Traverse City I: My intrigue is squarely focussed on Danny Kristo and Oscar Lindberg. Really need to see these guys dominate at this level. They’ll need to if they think they stand a chance at getting immediate shots at the NHL level.
Traverse City II: It will also be very important to see guys such as Conor Allen and Tommy Hughes and how these guys cope with the step up in competition. The Rangers need to start bringing through the next wave of defensive prospects when you consider the potentially uncertain futures of Dan Girardi, Marc Staal and Anton Stralman. Without being able to get their hands on college guys such as Brady Skjei it’s important that the Rangers can develop players themselves.
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The NHL released its All Star teams today, and Henrik Lundqvist was the lone representative from the Rangers, named to the second All Star Team. Vezina winner Sergei Bobrovsky beat him out for the First All Star team. The PHWA votes on these teams, and named Alex Ovechkin to two different teams at two different positions…so take this with a grain of salt.
Henrik Lundqvist’s contract situation has been quite the hot topic since the season ended. Prior to his non-committal remarks as to his future, it seemed like a foregone conclusion that Hank would remain in New York long-term. Since extension-gate and the coaching change, combined with news that Lundqvist’s camp and the Rangers are commencing negotiations at the Draft in a few days, there has been much speculation about what a possible extension would look like. Many pundits have theorized a possible max-contract to keep The King in his kingdom, but there hasn’t been much in the way of analysis. Let’s change that, shall we?
For those who aren’t CBA geeks, the max-contract under the current collective bargaining agreement (for a player re-signing with his current club) is 8 years/$80 million. For a UFA changing destinations it is 7 years/$70 million. Hank is currently entering the final year of his 6 year/$41.45 million contract, signed in 2008. If he were to receive a max-deal, the massive cap hit of $10 million would be approximately a $3.125 million increase from his current contract. Even with the cap increasing again based on the HRR (Hockey Related Revenue) calculation in 2014-2015, the cap hit is staggering.
The implementation of the new CBA has changed the landscape of long-term extensions for superstar players. Gone are the cap-circumventing 12-14 year deals and the suppressed cap values that came with them. This alone makes forecasting an elite free agent contract all the more difficult. Not to mention that goalies are generally priced differently than players are, anyway. Read more »
Per Bob McKenzie, the Rangers and representatives for Henrik Lundqvist will meet today in New York to discuss a contract extension for the Swedish netminder. Lundqvist his entering the final year of his 6 year, $41.25 million contract, and the Rangers will look to extend him to keep him in New York for the remainder of his career. At just 31 years old, Lundqvist could be looking at another six year contract, likely in the $7 million to $8 million range.
Per Larry Brooks, Henrik Lundqvist made his first public comments since his “Comments heard ’round the world” that set all of New York into a panic. Per Brooks, Lundqvist denied having any say in the decision to fire John Tortorella:
“I know there is some speculation regarding Torts being fired, but let’s be clear on one thing,” Lundqvist said via an e-mail on Wednesday that contained his first comments on the matter. “It’s not my call who the coach should be for the New York Rangers.
“I would never put pressure on the management on decisions like that. I’m just a player. My focus is to play the game and do the best I can on the ice. Whatever [happens] off the ice, I leave to our great staff we have working for this club.”
Lundqvist elaborated on his comments a little more, and it’s definitely a good read on the whole Hank situation.
In case you missed it last night, Henrik Lundqvist did not win the Vezina trophy for the second year in a row. Sergei Bobrovsky of the Columbus Blue Jackets won the award, with Hank finishing in second place. Bob received 110 total points in the vote, while Hank nabbed 55 points.
For the other awards, Derek Stepan and Ryan Callahan finished eighth and ninth respectively for the Selke Trophy, and Callahan finished tenth for the Lady Byng.