Oh, The Things We Say

Finally, after a couple months of baseless speculation over the Hawks trading Patrick Sharp, Stan Bowman put his foot down.  Of course, a lot of the hot noise came from one guy throwing Sharp’s name out there and everyone else running with it. 

With all the deals Bowman has made this year, dumping Sharp’s incredibly valuable 3.9 cap hit would have been his worst.  Getting equal value in any trade and the Hawks would have (maybe) saved only a few thousand dollars.  If Byfuglien netted a prospect and a 1st round pick, Sharp’s asking price would’ve been double that and they’d likely have to be prospects of the NHL-ready variety.  So when you factor in the rookie bonus’ and such, the Hawks wouldn’t be saving much cap space.

Regardless, it’s all irrelevant now as Bowman finally broke his silence on whether Sharp was part of the invaluable core.  Though you have to imagine he’s always been a part of it and was just getting tired of answering the phone from people offering him the likes of Matt Walker for Patrick Sharp.

–Speaking of the aforementioned Walker, Monday’s trade of Simon Gagne for Walker and a 4th round pick already has to go down as one of the most lopsided trades in NHL history.  Even in a vacuum, it’s not even close.  Look more closely at it and it’s even more perplexing.  Tampa Bay was able to acquire a guy one year removed from potting 34 and on an expiring contract for a 7th defenseman with $1.7 cap hit over the next three years.

Unbelieveable.

Worst case scenario, Gagne battles the injury bug like he has the past two of three seasons.  Then the Lightning can wave goodbye in April.

Best case, well, they may have found their Brad Richards-lite.  Plus, they have no obligation to re-sign him in the summer as they gave up nothing to acquire him.  

All I’m going to say for all our fantasy hockey players out there, grab Gagne as a late round sleeper pick.  You can thank me later.

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14 Responses to Oh, The Things We Say

  1. Why would you trade Gagne!!!!

    Maybe I’m stupid, but I don’t get it.

    Mike

  2. feyer says:

    I suspect Sharpie was never concerned. At 3.9m, the guy delivers and he knows it. The street value of a Matt Ellison rookie card just jumped to 15 cents.

  3. CT says:

    “Why would you trade Gagne!!!!”

    The Flyers had to trade Gagne because they were several million dollars over the salary cap (yes, there are teams in worse cap shape than the Blackhawks).

    Also, thank goodness Steve Yzerman is in the Eastern Conference.

  4. Lou says:

    CT – you blasphemer. How dare you point out the truth that other teams are in cap trouble too. The whole world thinks the Hawks are the only one’s with this problem. 2 Minute Instigator, 5 minute Major and Game misconduct for you!!!!

    Gagne for Matt Walker. I guess will find out if Matt is tough enough.

    PS I think Boston might have a cao issue too. but I only heard that

  5. Lee says:

    My main man:Matt Walker

  6. Dave Morris says:

    CT is weeping as Matty Walker dons the hated Philly CheeseSteak.

    On the other hand, he is exulting in the knowledge that the Flyers have crappy goalies…until they sign NIEMINONO.

    CT’s life is Dostoyevskian…in a hockey kinda way.

  7. Lou says:

    Not surprised one bit the League rejected Kovy’s contract after all of the heartburn around Hossa last year. This just took it three steps further

    17 years and very interesting numbers. If he played it out it would be a 25 year career maybe if he was a K or P in the NFL.

    Intersting on how this play out

  8. Marts says:

    Most of the reports I’m hearing on the Kovy deal (Darren Dreger – TSN, Nick Kypreos – SportsNet etc.) have stated that the league has rejected the contract on the grounds of salary-cap circumvention purely on the grounds that nobody believes Ilya has any intentions of playing in the final 5 years of his contract. For the record, here are the contract numbers I’ve seen in numerous places:

    Year 1 – $6 million
    Year 2 – $6 million
    Year 3 thru 7 – $11.5 million
    Year 8 – $10.5 million
    Year 9 – $8.5 million
    Year 10 – $6.5 million
    Year 11 – $3.5 million
    Year 12 – $750k
    Year 13 thru 17 – $550k

    My guess, and this is purely speculation on my part, is that the deal was rejected because the final 5 years of the contract might be below the league minimum salary. For this coming season the league minimum is $500k. It started at $450k and has risen $25k every two years over the length of the CBA. Obviously the current CBA doesn’t extend for the next 17 years but I think it would be reasonable to assume it would eventually navigate itself to a level much higher than the $550k in Kovalchuk’s contract. Maintaining the current growth rate the league minimum would eclipse Kovy’s proposed minimum in the 2015-16 season and by the 2026-27 season it ‘could’ be at $700k.

    Perhaps, as per the current CBA, all a player has to be earning at any year of his contract is above the current league minimum but I find it odd that the Hossa, Zetterberg, Frantzen, Luongo (etc.) deals all have the final years of service playing out at well above the $700k mark (usually closer to the $1 million range).

    I haven’t heard this discussed on TSN, Sportsnet, CBC or any of the other usual hockey sources but I think it might have some merit.

    Word is that the Devils are not going to appeal the deal. Does this mean they re-structure, or walk away…?

  9. John says:

    That seems pretty bang on to me. The Devils and Kovy would look awfully sheepish if they both walk away from this after everything said during yesterday’s press conference. Quite simply, they have to find a way to make this work. I think they’ll end up re-structuring it and the Devils will have to bite the bullet on a slightly larger cap hit.

  10. Patrick says:

    I guess this now means that Dowell is the 4th line center. Also, does Makarov now make the team? From everything I’ve read, I think he’d be a capable third-liner.

  11. Big Tony says:

    What is Taffe’s salary?

  12. Brian Davies says:

    Taffe’s salary is $600K, but his cap hit is only $550K. So $600K in savings over Reasoner. Hey, that’s a free Skille!

  13. Lou says:

    Actually, the more ice time the kids get, the better the team will be in the long run

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