Did the Jets overpay for Pavelec?

Reason #947 why you don't need to pay a goalie: any team in hockey could have signed Mike Smith last summer for a measly $2 million a year.

Yes, the same Mike Smith that went 38-18-10 with a .930 SV% and 8 shutouts in the regular season before going Superman on us in the playoffs and nearly carrying the Coyotes all the way to Stanley Cup Finals, was the 28th highest paid goalie in hockey last year.

Which brings us to the 5 year/$19.5M contract the Winnipeg Jets and Ondrej Pavelec agreed to. There is no doubt Pavelec, despite posting the 34th best SV% in the NHL last year, is a decent goalie with the potential to improve. What there is doubt about is whether spending almost $4M a year on only half of your goalie position is a prudent use of cap space.

Below is the starting goalie salary for each of the last 10 Stanley Cup Finalists:

2012: Kings, Quick - $1.9M and Devils, Brodeur - $5.2M

2011: Bruins, Thomas - $6M and Canucks, Luongo - $10M

2010: Hawks, Niemi - $827K and Flyers, Leighton/Boucher - $750K (avg.)

2009: Penguins, Fleury - $3.5M and Red Wings, Osgood - $1.7M

2008: Red Wings, Osgood - $800K - and Penguins, Fleury - $1.6M

By my math that is 6 of the 10 playoff starters that were paid less than $2M a year, and going even further, 5 of the 10 teams (Detroit twice, Pens in '08, Hawks, Flyers and Kings) spent less than $3M total on the goaltending position. 

Recent history suggests a team that pinches pennies on the goalie position is actually more likely to reach the Finals than one that doesn't.

It Won't Be Jets

True North will unveil a new name for the Winnipeg NHL franchise

If we've learned anything during True North's first week as NHL owners, it's that they aren't just the humble and respectful outfit they've been correctly reported to be. They're also very smart, innovative, and even calculating.

For years all we've heard about Mark Chipman and his pursuit of a NHL hockey team for Winnipeg was that he was "going about it the right way". Chipman and company were low-key, tight-lipped, and steadfast in their belief that Winnipeg was more than capable of supporting a NHL franchise. But the job they did capitalizing on the mass hysteria surrounding this story was nothing short of amazing, and it proves they should not be underestimated.

The preparation True North put into the ticket drive was evident from the first minute of last Tuesday's press conference right through to 12:17 on Saturday afternoon, when all 13,000 season tickets were gobbled up in shocking fashion. The level of detail they put in to laying out their plan, the readiness they showed with a clean and user-friendly website, and the sense of urgency they created in the marketplace was astonishing. It was a marketing clinic, and one that certainly made 29 other NHL franchises take notice.

So don't expect this story to come full circle. Sorry to all the romantics out there, but the NHL team that plays its home games in the MTS Centre next year will not be nicknamed the Jets. That would be too easy, and True North doesn't do easy. Just ask Rick Dudley. Many fans will be heartbroken, and yes, they absolutely will continue to wear their Jets jerseys to the MTS Centre, but the opportunity for ownership to start fresh (and sell a ton of merchandise in the process) will not be passed up.

The Jets, as much as Winnipeggers love them, were never a symbol of success on or off the ice. The Jets franchise won a total of only two playoff series in their 17 years, had 11 different head coaches, and full houses were the exception, not the norm. True North can get away with saying this is a new chapter for hockey in Winnipeg and Manitoba, and they want to start it with a clean slate.

So you can throw out Thrashers and Moose too. Neither of those represents a fresh start or a clean slate.

We've heard Polar Bears but that would be idiotic, and thankfully True North doesn't do idiotic either. (Although some people would argue a membership fee and annual dues to be on a waiting list comes awfully close.)

Assuming, all the potential name possibilities have been aired, that leaves us with only one remaining option: Falcons.

It will be painful at first to hear a new and foreign name, but gradually all those Jets jerseys that are sure to paint the home crowds blue for a while will become Falcons jerseys, and eventually we'll all be okay with that.

A good marketing department might even see an opportunity to allow fans to hold onto the Jets for a little while longer. A third jersey or an annual Jets "retro" night would certainly fix a lot of problems.

I wonder what a great marketing department might see?