Johan Franzen signs extension, 11 years

[thedisappearer 291]

11 yr/$3.9m cap hit is pretty bad. But there are lots of numbers beiong thrown out, so I reserve judgement until it is official.

[YoungGuns1340 1]

I love Franzen,but I thought the 11 yrs bit would've pushed the cap hit down more than into 3.9.

Exactly. But I don't think 3.9 has been confirmed yet. It could very well be off by a little. 3.6 would still be a great deal.

This also wouldn't be nearly as bad of a deal if it weren't for Rafalski, Stuart, and Cleary all having NTCs.

[Kutcher 0]

not a big fan of this deal, defintey too long.

hopefully holland can get rid of samuelson and hudler to sign hossa for a few more years to mak up for it.

[ilmickeyli 40]

not a fan of this at all..

[pucker4fischer 0]

Interesting, doesn't the current CBA expire 2011? If there happens to be another lockout or something, I wonder what would happen with all these long term deals.......

[Reds4Life 51]

Think of Cleary's contract then which is 2.8M caphit, and he is utterfly worthless, 3.9 is OK but could have been 3-3.5 to be good imo.

Yeah, Cleary @ 2.8 is pretty bad too.

Do you mean it's a bad deal for Franzen himself or for the team? We all know Franzen would of got more money if he would of went elsewhere but honestly I just don't like the length of these deals Holland has been giving out lately.Something fishy is up with these long term contracts,I'm not crazy about giving Franzen 10+ years.

bad deal for the team obviously. Franzen is not worth 4 million, I'd rather have Hossa for 6 than Mule for 4.

[Dominator2005 558]

Not fan of this at all... 11 years WTF?!

Exactly. But I don't think 3.9 has been confirmed yet. It could very well be off by a little. 3.6 would still be a great deal.

This also wouldn't be nearly as bad of a deal if it weren't for Rafalski, Stuart, and Cleary all having NTCs.

With this kind of contract there is no need for NTC...

[eva unit zero 271]

$3.9m for 11 years? That's about $1m-$1.5m too much.

[thedisappearer 291]

Question. Suppose we sign Franzen to a 10 year deal at

6/6/6/5/4/4/3/2/1/1, a cap hit of 3.8

Say before year 7 we want to trade him. Does the team that takes him still get hit with the 3.8 cap hit, or would they get capped at what was left on the contract, a 2m cap hit?

[FinRedWing 172]

Apparently it is 3.9

The Red Wings have signed forward Johan Franzen to an 11-year contract extension that averages $3.9 million a season.

It's a front-loaded deal that includes a no-trade clause for the first five or six years. Franzen was earning $1.15 million this season and could have become an unrestricted free agent on July 1.

mlive

[titanium2 867]

Apparently he could've commanded at most a 6 mil cap hit. I guess if that's true, then the deal is not so bad. Meh.

[WingsFANstuckintheSOUTH 10]

Yeah, Cleary @ 2.8 is pretty bad too.

bad deal for the team obviously. Franzen is not worth 4 million, I'd rather have Hossa for 6 than Mule for 4.

i hope you meant this in the other way. He is worth at least 5-6 million right now. You cant find a 30 goal scorer for under 5 million.

[Vladifan 680]

Cap hit is determined by the average salary over the course of the contract. It most likely is front-loaded in order to keep Franzen happy because he's going to be playing for peanuts (relatively) at the end of the contract. The fact that it's front-loaded is what's going to help the Wings keep Hossa.

OHHH, I hope, I hope, I hope.

Make it so, Kenny Baby.

[LeftWinger 4,961]

Just as a few of us said a long time ago! Bye Bye Filppulla, Hudler & Sammy for sure! Hello HOSSA long term! Hudler with get at least the same somewhere so HELLO 1st, 2nd and 3rd round pick! Trade Flip for a 2nd and 3rd and lets go!

[RedSea 31]

Can't believe some people don't agree with this. We just signed a guy with Hossa-like stats for at least 2 million less than what Hossa would demand. Just because he doesn't have the track record of Hossa doesn't mean he can't keep the pace goign. I think this contract is right for both sides right now, but I hope we're not regretting this in the future when we're dishing out 10 million for two players in their late thirties (Franzen and Zetterberg).

[Seraph 240]

Hmm, seems like Holland could have gotten the cap hit a bit lower if he's gonna sign a 29 year old to a 11 year contract...

[Reds4Life 51]

Can't believe some people don't agree with this. We just signed a guy with Hossa-like stats for at least 2 million less than what Hossa would demand. Just because he doesn't have the track record of Hossa doesn't mean he can't keep the pace goign. I think this contract is right for both sides right now, but I hope we're not regretting this in the future when we're dishing out 10 million for two players in their late thirties (Franzen and Zetterberg).

Hossa like? Hossa is much better than Franzen. Not. Even. Close.

[Vladifan 680]

If Franzen's deal is for about $4m...say goodbye to Filppula and either Stuart or Samuelsson+Hudler+possibly Leino unless Hossa is not returning, unless Hossa takes a VERY cheap deal.

Honestly, right now I would not miss Stuart or Sammy. Yeah, that hints of hissiness, and yeah, I'm tired of hoping they're gonna figure it out.

[albo23 10]

Ugh... This leaves how much left for the rest of the free agents? But umm.. Peace out Kopecky, Samuelsson, McCarty, Conklin, and Chelios. Hopefully we can keep Downey and is Haydar any good? All that possibley leaves enough for Hossa and Hudler to sign a 11 year deal?

Edited April 11, 2009 by albo23

[WingsFANstuckintheSOUTH 10]

I'm not a economist or anything like that but i gotta assume that after the cap dips around 50 million for a few years that within 5-8 years it will be at 60+ and in 10 years closer to 65. thats just me though.

[HockeyCrazy3033 168]

I think it's a great deal and am damn pleased! YAYYY MULE!

[FinRedWing 172]

I'll start hoping that we won't develop too many REALLY good players in the coming years. We might not be able to keep them after entry level contracts.

[mackel 681]

370M Kronner = Roughly 44.5M USD / 11Years = 4.05M USD Cap Hit

Yikes

[wingslionstigers 12]

Whats the matter with you guys? Franzen at 3.9 mill per reason is great. This guy is a 5 mill a year player easy right now. He could be on the same level as Zett and Dats in the next couple years for 3.9 a season??? Get real.

The length is questionable but you know what. Were going to have a great team for the next 6 or 7 years. Im thinking Hollands going to see what happens and deal with it when the time comes. 6-7 years is along dam time, enjoy it. Quit worrying about 10 years from now. Because mistakes can be fixed.

[Yzerman191 37]

I don't like this deal. There's no denying he's got a natural knack for goal scoring, and he's pretty defensively sound, but 11 years? And 3.9M per year? He's missed at least 10 games a year in each season since his rookie season, and he's 29 years old. Kind of scary.

Don't get me wrong, it's far from terrible, and the guy is clutch, but overall I think it's a little too long.