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Matt

Zetterberg Extension: 12 years, $73 million

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72 million divided by 12 years... carry the one...

$6 million a year? Are you KIDDING me?

Resigning Hossa just became possible... or signing Conklin long-term.

I'm not sure if it's 6mil a year.

"The Red Wings were able to lower the salary-cap figure to slightly more than $6 million per season by adding two years at $1 million per season to a 10-year deal they had been negotiating with Zetterberg's agent, Marc Levine."

So wait, the last two seasons of his contract will pay him (pinky raise to mouth) $1 million. But the first ten will probably pay him $7 mil a year. How can I put this? Let's say the first few years are front-loaded and he gets 8mil a year for those few years. Only $6 mil will count against the cap because on average he's getting 6 mil a year? Is that how the cap works?

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I knew he would sign for less than 7 million a year. I figured he should be paid equal to or less than Datsyuk given their performances. Also, watching those highlights posted in this thread, I really want Zetterberg and Datsyuk to be reunited. The team has just lost 3 in a row and I think it good be a nice little boost.

Zetterberg - Datsyuk - Homer

Sammy - Franzen - Hossa

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I'm not sure if it's 6mil a year.

"The Red Wings were able to lower the salary-cap figure to slightly more than $6 million per season by adding two years at $1 million per season to a 10-year deal they had been negotiating with Zetterberg's agent, Marc Levine."

So wait, the last two seasons of his contract will pay him (pinky raise to mouth) $1 million. But the first ten will probably pay him $7 mil a year. How can I put this? Let's say the first few years are front-loaded and he gets 8mil a year for those few years. Only $6 mil will count against the cap because on average he's getting 6 mil a year? Is that how the cap works?

Yep, that's essentially how it works, like an average over the years regardless of the amount he is getting per year.

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So wait, the last two seasons of his contract will pay him (pinky raise to mouth) $1 million. But the first ten will probably pay him $7 mil a year. How can I put this? Let's say the first few years are front-loaded and he gets 8mil a year for those few years. Only $6 mil will count against the cap because on average he's getting 6 mil a year? Is that how the cap works?

Yep, the cap hit is the average

Edited by T-Ruff

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Wow, that's a friggin' steal. Holland is a genius and (the not once but future Captain) Zetterberg is the man in Detroit for life. $6M cap hit? Unbelievable. I get it that he's obviously signing for peace of mind as much as $$$ -- he'll never have to worry that he's not getting paid ever again.

Love it, love it to death. Happy you're staying home, Hank.

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I'm not sure if it's 6mil a year.

"The Red Wings were able to lower the salary-cap figure to slightly more than $6 million per season by adding two years at $1 million per season to a 10-year deal they had been negotiating with Zetterberg's agent, Marc Levine."

So wait, the last two seasons of his contract will pay him (pinky raise to mouth) $1 million. But the first ten will probably pay him $7 mil a year. How can I put this? Let's say the first few years are front-loaded and he gets 8mil a year for those few years. Only $6 mil will count against the cap because on average he's getting 6 mil a year? Is that how the cap works?

In a nut shell, yes, that's how it works.

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Hossa will sign around the same amount like Zetterberg. We're looking at the same amount that Filppula makes to re-sign Franzen. Hudler might be the one to walk on this one.

Look on the bright side, Zetterberg is staying in Detroit for the rest of his career, Hossa loves the Red Wings style of hockey; European puck possession, Franzen knows the reason why he scored all those goals because of the guys he played with.

Marian Hossa should be a done deal and Franzen looks to be in the range of Filppula, like stated above. Anyways, Ken Holland nice work locking up Zetterberg for $6 million a season.

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Hossa will sign around the same amount like Zetterberg. We're looking at the same amount that Filppula makes to re-sign Franzen. Hudler might be the one to walk on this one.

Look on the bright side, Zetterberg is staying in Detroit for the rest of his career, Hossa loves the Red Wings style of hockey; European puck possession, Franzen knows the reason why he scored all those goals because of the guys he played with.

Marian Hossa should be a done deal and Franzen looks to be in the range of Filppula, like stated above. Anyways, Ken Holland nice work locking up Zetterberg for $6 million a season.

There's no way that Franzen signs for what Filppula got -- not a chance. I'm confident (though not happy) that Franzen will go UFA. He's won a Cup, this is his first shot at big-time money, etc.

Hossa, on the other hand, has made his money but never played for a consistent winner. I think he's the easier play here, not to mention that the circumstances in which he signed here last summer would indicate his line of thinking.

And Hudler... don't forget he's restricted. Barring a ridiculous offer sheet or a trade -- he'll be here.

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All this is really exciting, I just can't wait to hear the press conference and be able to REALLY know EVERYTHING about what's going on. This is so exciting, I've been waiting for this for a while. Guess buying that Z jersey WAS a smart move!!

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Hossa will sign around the same amount like Zetterberg. We're looking at the same amount that Filppula makes to re-sign Franzen. Hudler might be the one to walk on this one.

Look on the bright side, Zetterberg is staying in Detroit for the rest of his career, Hossa loves the Red Wings style of hockey; European puck possession, Franzen knows the reason why he scored all those goals because of the guys he played with.

Marian Hossa should be a done deal and Franzen looks to be in the range of Filppula, like stated above. Anyways, Ken Holland nice work locking up Zetterberg for $6 million a season.

I'd keep Hudler over Flip in a second. More potential as a scorer, better puck sense.

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Hallelujah!

Everybody wins here. We lock up Hank for life, and only $6 mil against the cap. Anyone who doubts that Kenny Holland is the greatest exec in all of pro sports better take notice. How can you possibly get a better negotiating position, any player who wants to win would be crazy not to take a pay cut to sign here. I wouldn't be surprised to see our other UFA's take similar deals to stay in Detroit, let's see...Franzen and Hudler, 6 years, 24 million, with the last year being 1 mil. Git R done.

BTW, please, please. please dont trade Filppula

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Well, I'm totally on board for this. It's worth the risk at that price. I still worry about setting precedents, but how can you really complain at Z for $6 million cap hit? I'm thinking Hossa and Hudler are going to be sticking around too now. If anyone can do it, Kenny can. I've kinda had a gut feeling since we won the Cup that we'd lose Franzen; before Hossa even. Who knows what will happen, but like someone else said, this is his first chance at big money and he's got a Cup. Who could really blame him even? It'll be sad to see him go if it comes to that but what can you do? Time will tell...

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12 years is a heck of a long time but this is a fantastic deal! :)

Holland does it again, and more loyalty showed by Detroit players.

Now to get Franzen and Hudler re-signed and I'll be completely satisfied. This signing and the fact it's only a $6 million cap hit we've got a much better chance of getting that done!

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Great signing! I'm glad Zetterberg and Datsyuk seem to be headed towards playing their whole careers with the 'Wings!

Now, that leaves us with roughly 9M to spend for next year. We have 7 players on our back end signed (all but Chelios), we need a back-up for Ozzie (Conklin/Howard/Larsson), and we have Hossa, Hudler, Sammy, Franzen, and Kopecky to sign.

Our goalie should cost under a million (.75M), and I think we could definitely get Hudler for cheap, along the lines of 2M. Also, it would probably be wise to sign Leino and Helm to pretty cheap contracts, around (.850M, .6M are their current salaries). I wouldn't mind Sammy coming back for relatively cheap, say 1.5M. But even then, that's 5.8M right there, and leaves us with 7 defensemen, 2 goalies, and 11 forwards, and 3.2M to buy another forward (or two, for depth). Ken Holland is going to have to be magic to pull off keeping Hossa. Even Franzen will be difficult.

EDIT: These figures are assuming the cap stays put.

Edited by Yzerman191

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Just as a little side note, it's very strange to think of Zetterberg towards the end of the contract. ;) It's odd remembering Zetterberg and Datsyuk as timid little rookies with tremendous potential, seeing the players they blossomed into, and then thinking about them retiring as Red Wings. I think if the 'Wings get another Cup or two with Z and D at the helm, and they continue to be the players they are today, we'll see 13 and 40 in the rafters someday.

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I hope Z is a Wings for life.

And that it's a long life.

Just not all on one contract.

So you and several other people, would rather he sign a 5 year deal for 6-7 million, then in 5 years when hopefully our economy is back on track and the salary cap rises in the nhl, he could ask for upwards of 8 million instead of locking him down for a 6 million a year cap hit for the rest of his career.... I'm sorry, I trust in this organization, they know what they are doing. Zetterberg is no DiPietro or Yashin. He is a classy hard working individual who puts team first. He is the next captain of this team and I'm glad that we have him locked up for this career.

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