Tuesday, June 26, 2012

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.

Thursday, February 2, 2012

Just Breathe

Brian Burke is about to make a trade. We know this because a) Burke loves a camera and b) he told us as much.


On January 12 the Toronto Maple Leafs were riding a season high four game winning streak when their general manager Brian Burke naturally decided to stand on his soapbox and announce that he was open for business.

"I'm not interested in getting our asses kicked in the first round." he said, before later in the media scrum adding, "We are looking to add and get better now."

Some general managers might look at a four game winning streak and decide it probably isn't the right time to suggest he is ready to make changes. Some general managers, particularly those in charge of teams that haven't participated in a single playoff game since they arrived, might think getting their asses kicked in the first round might not be so bad. That it might even represent progress.

Of course some GM's also occasionally smile, and some are even capable of offering a "no comment" when asked for their opinion. Brian Burke is not one of those GM's.

Burke was built for reality TV. Earlier this season he made news for revealing he offered to rent a barn and schedule a time to fight Kevin Lowe. It's amazing that HBO has waited three seasons to showcase him on 24/7.

Leading us back to the fact that Brian Burke is about to make a trade...and that scares me.

After seven long years, Leaf fans can finally see the end of the tunnel. The Toronto roster, as it currently stands, is young, quick, talented and not only does it have considerable upside for the future, it's already proving it is legitimate. The Leafs have 2/3rds of an elite first line, an excellent second line, tremendous depth on defence, and decent depth in their bottom six forwards. (As I've been saying for years, goalies don't matter.)

Even the penalty kill, after three and a half years (that felt like seven) of truly horrific play, has come around. Last night's win over Pittsburgh moved Toronto into seventh in the conference, with 6th place Ottawa entirely catchable.

All of which is say that now is not the time to make a two or three for one type of deal that removes multiple players from the NHL roster. Now is not the time to move a comfortable and productive Grabovski. Now is not the time to dangle Kulemin or first and second round draft picks. Now is not the time to play to the media, to put the team on edge, to make a trade only because you've previously indicated you were ready to make a trade.

Now is the time to let this roster breathe.

Now is the time for Burke to show his players the same patience he has shown his head coach.

Monday, January 16, 2012

What Are They Worth?

Winnipeg has decisions to make on 12 free agent players


As the Jets struggle to remain a part of the Eastern conference playoff race and the end of their magical first year back in the NHL begins to appear on the horizon, management will soon be faced with deciding who among their group of nine unrestricted free agents will move forward with the team, as well as how their three restricted free agents might fit into the picture.

The biggest offseason contract decision at any position for GM Kevin Cheveldayoff will be that of what to do with winger Evander Kane. Coming off his entry level contract, which paid him an annual salary of $900k with bonuses that can take him all the way up to $3.1 million (depending on all sorts of things we won't get in to here), the 20 year-old has quickly become Winnipeg's most dangerous player and the one with the most upside. With 18 goals on the season, Kane's next score will tie his career high and a 30 goal campaign is within reach, which would represent continued progression for a player who will have increased his goal and point totals in each of his first three seasons. He's big and strong and his skill set includes elite level speed and a heavy, accurate shot with a quick release. Kane looks an awful lot like he's a dominant power forward waiting to happen.

However, he also lacks consistency and from the sounds of it, maturity. From trying to sell tweets to local businesses, to alienating teammates, to ignoring autograph seeking fans, Kane still has a lot of growing up to do and pegging his value at this stage of his evolution will be tricky. The average annual salary on a new contract will ultimately depend on the length, meaning a shorter deal of 2-3 years could be at about $3 million annually while anything longer than four years will cost considerably more per year. This negotiation could turn ugly and potentially even extend into training camp.

The other restricted free agent up front is Eric Fehr, who is earning $2.2 million this year to play an average on nine inconsequential minutes a night. The Jets took a chance on Fehr, acquiring him for a 2012 4th rounder in what was essentially a salary dump by the Capitals, but with just one lonely goal on the season another one-way NHL contract in Winnipeg is unlikely.

Among the UFA's at forward, Jim Slater ($1.1 million) and Tanner Glass ($750k) have become 2/3rds of what would be an excellent fourth line (if they weren't miscast as a third line), and both should expect new multi-year offers. Slater is the team's face-off specialist and a consistent 10 goal scorer so a similar salary on a two year deal would be appropriate. Glass has proven he can play the energy role and chip in offensively, which could force the Jets to go to at least three years in the $1 million per year range or risk losing him to another team.

Also unrestricted are Tim Stapleton ($525k), who has one huge fan in Claude Noel (I've given up trying to understand Stapleton on the point during the PP) and not many others, and Kyle Wellwood ($700k), who has two fans in his parents. The only way Wellwood should be on an NHL team is if he's playing in the top six, because as Jets fans (and Shark, Canuck and Leafs fans before them) have witnessed, in a third or fourth line role he is entirely ineffective. With that said, if Wellwood is in your top six permanently, as in not just an injury forced fill-in, well, say hello to the draft lottery. Bon voyage to them both.

On the back end Winnipeg has four UFA's, most notably Johnny Oduya, who is in the last year of a contract that pays him $4 million this season. After a very difficult first 10 games, which included a trip to the press box as a healthy scratch, Oduya has settled in nicely but will probably need to take a bit of a haircut on his current salary if he wants to stick around next year and beyond. I expect Cheveldayoff is already negotiating with Oduya's agent, and if no extension can be reached before the deadline, he could be dealt for a prospect or a pick.

The rest of the free agent defencemen, all of whom are unrestricted, include the oft-injured Randy Jones ($1.15M), the rehabbing Derek Meech ($700k), and the surprisingly dependable Mark Flood ($525k). Of the three Flood is the most obvious choice to continue with the team beyond this year, but each could easily be replaced if contract negotiations prove to be at all difficult. Jones, if he can stay healthy, could also be moved at the deadline.

In goal, both Ondrej Pavelec and Chris Mason are set to become free agents but a case can easily be made to stay the course, assuming Mason is willing to take a one year deal at slightly below his current $2.1 million salary. The offseason goalie market, particularly for aging veterans (Mason will turn 36 in April), has dried up considerably in recent years as teams recognize there are more quality goalies than jobs available, making bargain bin deals an option for any team willing to be patient (Vokoun, Elliott, Smith, to name just a few from last summer alone). All accounts suggest Mason is a positive presence in the dressing room and his performance, albeit in limited action, indicates he still has enough game to stop pucks when called upon. As long as he doesn't get greedy, it's a good bet he'll return.

Pavelec, despite his mediocre numbers (2.89 GAA and .910 SV%), has played very well overall and has established himself as a core piece of this team moving forward. He's coming off a deal that paid him only $1.3 million, and can expect a significant raise. Pavelec and his agent will likely point to his countryman Jaroslav Halak as a reasonable comparable and look for something in the neighbourhood of $4 million annually for at least four years. But as a restricted free agent, and with his misleading numbers, Cheveldayoff has an opportunity to lock Pavelec up with a team friendly contract, something closer to $3 million per year.