Latest on Zetterberg talks

[zetterbergfan 23]

Contract talks may be heating up between Henrik Zetterberg and the Red Wings. Both camps have made counter-offers and we're talking long-term deal, anywhere from seven to 10 years in length. Agent Marc Levine and GM Ken Holland met last week and then spoke again this past Wednesday. They plan to pick up the conversation again this week.

-Pierre Lebrun

[red and white forever 10]

fantastic news, hopefully have enough room left over for Hossa....wishful thinking

[NEpats1028 1]

good. get him locked for all eternity!

[Heroes of Hockeytown 694]

Contract talks may be heating up between Henrik Zetterberg and the Red Wings. Both camps have made counter-offers and we're talking long-term deal, anywhere from seven to 10 years in length. Agent Marc Levine and GM Ken Holland met last week and then spoke again this past Wednesday. They plan to pick up the conversation again this week

That would be fantastic.

[KrazyGangsta 79]

10 years would be best investment for under 9 million in nhl history lool

[rage 24]

Hopefully no more than 7 years!

[Yzermania 156]

He should sign for a low amount for the first few years so they can keep hossa and then when lidstrom retires, he gets big money to make up for it. I hate facing the reallity of how hard it is going to be to keep the hoss because he is one of the most exciting players to watch we've had for a long time (sans pavs)

[rick zombo 3,739]

Just to throw some high octane piss on the fire: Would any of you, pragmatically speaking, consider keeping Hossa and letting Zetterberg walk?

Just stirring the pot.

[Jedi 1,865]

He should sign for a low amount for the first few years so they can keep hossa and then when lidstrom retires, he gets big money to make up for it. I hate facing the reallity of how hard it is going to be to keep the hoss because he is one of the most exciting players to watch we've had for a long time (sans pavs)

That's a great idea, in theory. However, The CBA averages out the cap hit that you have. So if Z signs for less in the first few years, and more in the last, it will use the average over the life of the deal rather than his actual salary that year.

In the end it wouldn't help in trying to re-sign Hossa.

[Heroes of Hockeytown 694]

Just to throw some high octane piss on the fire: Would any of you, pragmatically speaking, consider keeping Hossa and letting Zetterberg walk?

Just stirring the pot.

They're both pretty even offensively, and while Hossa is no slouch at the other end, Hank's Selke-level play is undeniable. There's no argument from where I stand.

[rage 24]

Sign Hossa 3 years, Zetterberg 6.

[Yzermania 156]

That's a great idea, in theory. However, The CBA averages out the cap hit that you have. So if Z signs for less in the first few years, and more in the last, it will use the average over the life of the deal rather than his actual salary that year.

In the end it wouldn't help in trying to re-sign Hossa.

ah s*** I didn't realize that. Damn.

[Nev 1,085]

Just to throw some high octane piss on the fire: Would any of you, pragmatically speaking, consider keeping Hossa and letting Zetterberg walk?

Just stirring the pot.

No, but I can see Kenny letting Franzen, Hudler and Sammy walk in order to keep Hossa

[Konnan511 1,736]

ah s*** I didn't realize that. Damn.

No worries, but what might happen that could lower his cap hit is give him something like 12 mil the first year, 10 mil the second, 7 mil the third, 5 mil for the 4th, 4 mil for the 5th, 4 mil for the 6th, 3 mil for the 7th.

Front load the crap out of it because who is going to turn down a contract that over the first 2 years gives you 22 mil. This would give a cap hit of 6.42 which would help for the future and it would also be money in the bank for Zata.

[Legendary D In 03 50]

No worries, but what might happen that could lower his cap hit is give him something like 12 mil the first year, 10 mil the second, 7 mil the third, 5 mil for the 4th, 4 mil for the 5th, 4 mil for the 6th, 3 mil for the 7th.

Front load the crap out of it because who is going to turn down a contract that over the first 2 years gives you 22 mil. This would give a cap hit of 6.42 which would help for the future and it would also be money in the bank for Zata.

You know, this actually isn't a terrible idea. With the net present value of money being much greater the earlier that you have it, Holland would be a genius to approach Hank from an investment perspective, of his money being worth far more if he gets it sooner rather than later. Especially with what the value of the US$ will probably be seven years from now compared to immediately.

Word,

Ldi03

[Jedi 1,865]

No worries, but what might happen that could lower his cap hit is give him something like 12 mil the first year, 10 mil the second, 7 mil the third, 5 mil for the 4th, 4 mil for the 5th, 4 mil for the 6th, 3 mil for the 7th.

Front load the crap out of it because who is going to turn down a contract that over the first 2 years gives you 22 mil. This would give a cap hit of 6.42 which would help for the future and it would also be money in the bank for Zata.

Actually, that contract would be rejected by the NHL, as per the CBA.

While the CBA does allow for variations from year to year on the contract, such a drastic change over the course of the deal is not allowed. The higher end years (salary wise) can't be more than double the lower end years. So if you were only going to pay Z 3 million on the lowest-paid year of the deal, his highest-paid year could not be any more than 6 million.

There are also clauses in there that would prevent a player's salary from rising/dropping too much from year to year, but your example is actually in line with that.

If a contract has a player raising in salary from one year to the next, it cannot raise more than 100% of the value of the lowest salary given in the first 2 years. So if a player has a 3 year contract making 3 million the first year, 4 million the 2nd, and 8 million the 3rd, it would be rejected, since his salary cannot rise more than 3 million from year to year. Spreading it to 4mil, 4mil, 7mil would be accepted, and the player would still make the same amount of money over the course of the contract.

If a contract has a player dropping in salary from one year to the next, it cannot drop more than 50% of the value of the lowest salary given in the first 2 years. In your proposed contract example, the minimum salary from the first 2 years of the contract is 10 million, half of that is 5 million. So from year to year, Z's contract cannot drop by more than 5 million per year, which your proposal falls in line with. It was that kind of fluctuation from year to year that caused the NHL to reject Martin Erat's deal with the Preds over the summer. When they tweaked the salary given from year to year, the NHL accepted it, even though it was still the same length and same overall salary.

So to conform to all the aspects of the CBA, if you're wanting to sign Z to a front-loaded 7 year, $45 million contract, you would need to spread it out a bit more. For example...

Year #1 = 9mil. #2 = 9mil. #3 = 7mil. #4 = 6mil. #5 = 5mil. #6 = 4.5mil. #7 = 4.5mil.

That still lets you front-load the crap out of the deal, but it doesn't fluctuate too much over the course of the contract, nor fluctuate too much from year to year.

[Reds4Life 51]

10 year contract is ridiculous. I hope it will be 5 years max.

[Legendary D In 03 50]

Actually, that contract would be rejected by the NHL, as per the CBA.

While the CBA does allow for variations from year to year on the contract, such a drastic change over the course of the deal is not allowed. The higher end years (salary wise) can't be more than double the lower end years. So if you were only going to pay Z 3 million on the lowest-paid year of the deal, his highest-paid year could not be any more than 6 million.

There are also clauses in there that would prevent a player's salary from rising/dropping too much from year to year, but your example is actually in line with that.

If a contract has a player raising in salary from one year to the next, it cannot raise more than 100% of the value of the lowest salary given in the first 2 years. So if a player has a 3 year contract making 3 million the first year, 4 million the 2nd, and 8 million the 3rd, it would be rejected, since his salary cannot rise more than 3 million from year to year. Spreading it to 4mil, 4mil, 7mil would be accepted, and the player would still make the same amount of money over the course of the contract.

If a contract has a player dropping in salary from one year to the next, it cannot drop more than 50% of the value of the lowest salary given in the first 2 years. In your proposed contract example, the minimum salary from the first 2 years of the contract is 10 million, half of that is 5 million. So from year to year, Z's contract cannot drop by more than 5 million per year, which your proposal falls in line with. It was that kind of fluctuation from year to year that caused the NHL to reject Martin Erat's deal with the Preds over the summer. When they tweaked the salary given from year to year, the NHL accepted it, even though it was still the same length and same overall salary.

So to conform to all the aspects of the CBA, if you're wanting to sign Z to a front-loaded 7 year, $45 million contract, you would need to spread it out a bit more. For example...

Year #1 = 9mil. #2 = 9mil. #3 = 7mil. #4 = 6mil. #5 = 5mil. #6 = 4.5mil. #7 = 4.5mil.

That still lets you front-load the crap out of the deal, but it doesn't fluctuate too much over the course of the contract, nor fluctuate too much from year to year.

I thought the rule was that from one year to the next, the salary couldn't be less than half of the year before it? Just look at the contract that Alfredsson just inked for reference, IIRC.

Word,

LDi03

[Guest mindfly]

Remove the cap pronto!

[Bry-O 0]

I don't know much about the CBA, and it's going to be tough to sign Z, Hossa and Mule, but if anyone can make it happen it's Kenny Holland.

[Winther 6]

I thought the rule was that from one year to the next, the salary couldn't be less than half of the year before it? Just look at the contract that Alfredsson just inked for reference, IIRC.

Word,

LDi03

No, he's right, the alfredsson contract is a special case, since he had some kind of clause from his current contract i believe.. Anyways, Nashville got a contract rejected this way when they contracted Erat this summer, they had to renegotiate it before it went through.

[RainingBlood 8]

No, but I can see Kenny letting Franzen, Hudler and Sammy walk in order to keep Hossa

The way Hossa has been playing I would do that in a heartbeat to keep him

[This Is Bida 0]

KEEP HOSSA KEEP HOSSA KEEP HOSSA!!!

[Guest EZBAKETHAGANGSTA]

Just to throw some high octane piss on the fire: Would any of you, pragmatically speaking, consider keeping Hossa and letting Zetterberg walk?

Just stirring the pot.

Yes, While Z is an all-world talent, his injury problems are a concern for me. I hope his contract is incentive laden, like a million for every 12 games he plays or such, cause well ask anyone who has had back problems, they dont go away over night. Its really begning to seem like a chronic problem. If we have the choice to sign Hossa 7 years for 49 million and Z for 7 years 54 million or something slightly above hossa contract, Id go with Hossa all the way. While this will never happen due to loyalty its what I would do. Sucks too, cause Zetterberg really seems to be shaping into the next Forsberg that he was compared too when he first came in, (injury wise and skill wise)

[chrisdetroit 189]

No, but I can see Kenny letting Franzen, Hudler and Sammy walk in order to keep Hossa

No fricking way. Hossa is great but 3 players? Maybe Sammy and Huds, but not Mule. Mule is something that we don't have in any other players - big strong drive the net with great hands. Huds is similar to Flip but not as good on defense and Sammy has a hard shot but otherwise not that great.

Z will get a 5 mil raise and Mule a 3 mil raise. The only way we keep Hossa is if the Cap goes up at least 8 mil AND Hoss is willing to play for the same money next year as he got this year.

Contract talks may be heating up between Henrik Zetterberg and the Red Wings. Both camps have made counter-offers and we're talking long-term deal, anywhere from seven to 10 years in length. Agent Marc Levine and GM Ken Holland met last week and then spoke again this past Wednesday. They plan to pick up the conversation again this week.

-Pierre Lebrun

How bout this. Sign Z for a lower number say 6mil but only for 1 year. When Lids retires after next year, we will have another 7.45 mil to spend.

You know, this actually isn't a terrible idea. With the net present value of money being much greater the earlier that you have it, Holland would be a genius to approach Hank from an investment perspective, of his money being worth far more if he gets it sooner rather than later. Especially with what the value of the US$ will probably be seven years from now compared to immediately.

Word,

Ldi03

It's a horrible idea for the Wings from a money perspective. The value of money ALWAYS goes up. Sometimes not as much though. Would you rather I give you $1 today or $1 next year. The correct answer is today because you could invest it and earn interest so it would be more a year from now. Plus with inflation, your $1 won't buy as much next year.

You are right though in that it would be a good deal for Hank but I think the accountants at the Red Wings would commit hari kari. Unfortunately, this is a business.