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Ozzie30

Wings re-sign Ericsson to 3-year, $9.75m contract

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That's why players have agents. I'm sure Ericsson's agent told him to wait until the end of the year to sign, and he'd make more money.

Trust me, give it 2 weeks, and this will look like a good deal.

No way.

And I'm not even one of the Holland-bashing, superstar-free-agent-signing (in my armchair) types. This has got bad deal written all over it for this organization. Again, I've historically been a Holland supporter and have rarely if ever outright bashed him, but this is as bad of a deal as he's ever made.

Literally for the very first time I am starting to wonder if Holland is slipping as a GM for this club. He's obviously a smart guy who has had a ton of success, but perhaps he's getting to a point where the history is clouding up his decision making somewhat.

This is just a flat-out bad deal unless Ericsson turns up his game a whole lot. He hasn't been able to do so since his initial break with the team, but I've never put much stock in the GR kids performances when they're just up here filling in. The pressure they face as fill-ins is profoundly different than the pressure they face being up here every day and being a part of the machine that's expected to perform a certain way. Ericsson has struggled a great deal with consistency and his mental game is a total mess. I'm not saying he's a horrible player and doesn't deserve a chance, but for $3.25 million?!?

How utterly flabbergasted must Jimmy Howard be right now?

The guy created his own fair share of problems leading to his struggles this past regular season, but he also had a lot of help from the likes of Ericsson. Meanwhile, Howard signs a 2-year deal for $2.25 million after a Calder-quality rookie year, some playoff struggles and some regular season struggles. He follows it up with an outstanding playoff performance.

Then Big E who's struggled basically his entire NHL career since arriving as a regular on the team signs a 3 year deal making a million more bucks a year!?!?

Howard's a team guy; he's not about to make it an issue, but you better believe that this pisses him right off.

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Yes I did realize that. For some reason I thought he was up at the end of the year. I stand corrected. I forgot about Hudler, Bert and Holmstrom. I am just stating that I am kind of worried about all the overspending in a way.

I agree with you, do i think we overspent on Ericsson...yes...but to field a competitive championship-caliber team THIS YEAR we might have to overpay for some defensemen free agents since we have so many openings back there.

I might be the only one but I believe Ericsson can still become a very good defenseman with the right coaching.

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Unbelievable.

Congratulations.

I now have a deal that I hate about 10,000 times more than I could possibly ever hate Flip's last contract.

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Just wait and see what the other UFA's defencemen get, and this will look like a good deal. I guarantee they'll all make more than Ericsson, and for a longer term. They'll start at 4 Million a year minimum and for 5 years minimum.

Give it a couple weeks, and it'll look ok.

Edit: Remember what Jeff Finger got a few years ago? It'll be the same thing with these guys. With that in mind, I'll take Ericsson at 3 years.

I'm fairly certain you're correct, E's number will be smaller than most dman signings. I can pretty much assure you that most of those players signed will either be very good at one part of the game or decent at an all around game. Niether game can Ericsson boast, dude doesn't do anything good. His defence is bad, his physical play is limited and nowhere near what it could be, and he ain't puttin' points on the board. Man I miss Jiri Fischer, E probably wouldn't exist if we still had him.

Edited by achildr1

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I fail to see how anyone can call this deal "bad" at this particular moment. It's not hurting anything. Red Wings have plenty of cap space to afford it, and lots of $$ cash left to improve the team. (No Kenny isn't getting Richards, never was)

How do we know what went on behind the scenes? It sounds like Holland wanted Ericsson for about $1.8 to $2.0 million. Ericsson is in the press speaking how he wants the chance to advance to the next level. Ericsson know's he'd easily get $3.75+ or more tomorrow. So really he took a discount.

Knowing this, Holland probably said:

"Okay, $3.25 then, but if you don't progress, I am packaging you up and trading you! - Ericsson, do you understand that I will trade you if you do not meet my expectations, right?"

Ericsson - "Yes Mr. Holland, I understand!"

[worse case scenario, seven months later Ericsson has not improved, Holland trades him with a pick/prospect for a nice return]

In this market, Holland can get a nice return on Big Rig with this current contract. This is called "asset management". It might not look good right now, but I am sure Kenny has a plan.

Edited by Heaten

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I'm really questioning Ken Holland on this one. This is a terrible cap hit for a guy who doesn't deserve a cent over $2 million. I understand that the market is thin, but I'd rather just sign a plug for less than keep this hack another year.

Can't score, can't use his size appropriately, plays poor defensively... how in the hell do you justify $3 million?!?

Ken had better do something positive after this, otherwise my confidence in him being a good GM is going to be shattered.

And no, this is not an overreaction.

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I fail to see how anyone can call this deal "bad" at this particular moment. It's not hurting anything. Red Wings have the cap space to afford it.

How do we know what went on behind the scenes? It sounds like Holland wanted Ericsson for about $1.8 to $2.0 million. Ericsson is in the press speaking how he wants the chance to advance to the next level. Ericsson know's he'd easily get $3.75+ or more tomorrow. So really he took a discount.

Knowing this, Holland probably said:

"Okay, $3.25 then, but if you don't progress, I am packaging you up and trading you! - Ericsson,do you understand that I will trade you if you do not meet the potential, right?"

Ericsson - "Yes, lets do this!"

[worse case scenario, seven months later Ericsson has not improved, Holland trades him with a pick/prospect for a nice return]

In this market, Holland can get a nice return on Big Rig with this current contract. This is called "asset management". It might not look good right now, but I am sure Kenny has a plan.

OMG a knowledgeable poster at LGW... I'm Shocked :yowza: lol

Vladifan and WizardOfOz30 like this

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“The cap world is about finding players that play beyond what you pay them.”

That's a direct quote from Holland. Either A) he is going against his own beliefs or B) some kind of sign and trade is in the works (we can only pray it's B).

I know Ericsson is still has potential and it's a weak FA market, but $3.25 million is way beyond what he's worth (I would say $2.5 million MAX and even that's pushing it). Let's just hope Kenny knows what he's doing on this one or has something up his sleeve.

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I fail to see how anyone can call this deal "bad" at this particular moment. It's not hurting anything. Red Wings have plenty of cap space to afford it, and lots of $$ cash left to improve the team. (No Kenny isn't getting Richards, never was)

How do we know what went on behind the scenes? It sounds like Holland wanted Ericsson for about $1.8 to $2.0 million. Ericsson is in the press speaking how he wants the chance to advance to the next level. Ericsson know's he'd easily get $3.75+ or more tomorrow. So really he took a discount.

Knowing this, Holland probably said:

"Okay, $3.25 then, but if you don't progress, I am packaging you up and trading you! - Ericsson, do you understand that I will trade you if you do not meet my expectations, right?"

Ericsson - "Yes Mr. Holland, I understand!"

[worse case scenario, seven months later Ericsson has not improved, Holland trades him with a pick/prospect for a nice return]

In this market, Holland can get a nice return on Big Rig with this current contract. This is called "asset management". It might not look good right now, but I am sure Kenny has a plan.

I still fail to see how this is a good signing. There might not be any good free agents this year to spend money on, but what about the next 3 years? Im sure we would love to have the cap space we blew on Ericsson back, and you say its not hurting us...

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I fail to see how anyone can call this deal "bad" at this particular moment. It's not hurting anything. Red Wings have plenty of cap space to afford it, and lots of $$ cash left to improve the team. (No Kenny isn't getting Richards, never was)

How do we know what went on behind the scenes? It

sounds like Holland wanted Ericsson for about $1.8 to $2.0 million. Ericsson is in the press speaking how he wants the chance to advance to the next level. Ericsson know's he'd easily get $3.75+ or more tomorrow. So really he took a discount.

Knowing this, Holland probably said:

"Okay, $3.25 then, but if you don't progress, I am packaging you up and trading you! - Ericsson, do you understand that I will trade you if you do not meet my expectations, right?"

Ericsson - "Yes Mr. Holland, I understand!"

[worse case scenario, seven months later Ericsson has not

improved, Holland trades him with a pick/prospect for a nice return]

In this market, Holland can get a nice return on Big Rig with this current contract. This is called "asset

management". It might not look good right now, but I am sure Kenny has a plan.

Oh yea, cause if Ericsson s***s the bed, GMs all over the league will be fighting to trade for him at a 3.25 mil cap hit.

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I am beyond dismayed with this signing. I am not going to throw out insults towards Kenny Holland, other to say that what he did here is beyond awful. I know and love what Kenny has done for this team in the past, but I cannot help think that some of his shine is gone.

Now I want to be clear that I am not taking away any of the amazing things he has done in the past, he helped shaped championship teams, and I will forever as a fan be thankful for that. That said, he has not done much recently, not much at all.

How many times did we hear "Player X was out deadline deal", or signing "Player Y" was out free agency move. And ya know what, I was fine with it. But then the time comes where he has a boatload of money, clear necessities, and what does he do? Pay a 27 year old, third pairing defensemen for close to 10 million dollars over three years.

I am not so sure how the team will be next year. I know some folks refuse to believe Holland can do wrong, however I am not one of them. We have not improved a lick, in fact, as of right now we have regressed in overall, top to bottom skill. Now unless Kenny pulls an absolute blockbuster tomorrow, and we are talking something huge, then it will be impossible to make a valid argument that he did anything other then sit on the sidelines during the first free agency the Wings had ample amounts of money to play around with.

One other thing -- I am so sick and tired of hearing "we are not overpaying" from the Wings brass. As a general rule, yes, it is good to not overpay, but with the cap increase and the pieces needed, a GM should pay what he has to (within reason) to get the best talent into the organization, not waste it on a turnover machine, who is 27, and average at best.

Below is my wish list - it is my little hope of turning an absolute calamity (the past couple of weeks, players we wanted signing elsewhere, sitting on the sidelines, etc.) into something that can make us better:

  • Zenon Konopka
  • James Wisniewski
  • Sean Bergenheim
  • Andy Greene
  • Patrick Eaves
  • Trade Hudler for best draft picks we can get

I know all of these won't happen (even though I believe Eaves has resigned - not sure though), but I think these are guys we should and I am sure are targeting. I just really, really, hope we sign Wiz.

redwingfan19 and Shaman like this

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I still fail to see how this is a good signing. There might not be any good free agents this year to spend money on, but what about the next 3 years? Im sure we would love to have the cap space we blew on Ericsson back, and you say its not hurting us...

Ericsson would have easily had money trucks lining up at his door tomorrow at noon from a bunch of teams looking for D. Easily $3.75+ per year in this market. Ericsson now has trade value because he took a discount has a decent term @ 3years.

Holland can still afford to pay Wiz $5.5 + Eaves $1.5 + Jagr $2.0 (don't want him) and a backup goalie at $1.0. How much cap is left over? $3+ million?

Holland has more $$ than he needs, Ericsson is an asset, he can be traded for a return. That's called asset management.

Oh yea, cause if Ericsson s***s the bed, GMs all over the league will be fighting to trade for him at a 3.25 mil cap hit.

Young(er) 27, big (6',6") with a heavy shot from the point? You bet your ass there are GMs out there that would trade for him. Islanders/Leafs/Sens etc...

Ericsson is a bone head, but he's not as bad as people think. The thing is, this is the Nu:Cap and fans (LGWs) have not yet adjusted. His contract will look like a steal in a few months.

Edited by Heaten

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Ericsson would have easily had money trucks lining up at his door tomorrow at noon from a bunch of teams looking for D. Easily $3.75+ per year in this market. Ericsson now has trade value because he took a discount has a decent term @ 3years.

Holland can still afford to pay Wiz $5.5 + Eaves $1.5 + Jagr $2.0 (don't want him) and a backup goalie at $1.0. How much cap is left over? $3+ million?

Holland has more $$$ than he needs, Ericsson is an asset, he can be traded for a return. That's called asset management.

Unless this is a sign and trade, I don't see how his value increases for a trade. If he gets better no way hes traded, if he sucks, no one will want him. This is purely a gamble on Holland's end because if he take the next step you're right, hes a great pick up at that price, if he stays where hes at or regresses, he will replace Hudler in everyone's dog house.

Edited by Shaman464

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Unless this is a sign and trade, I don't see how his value increases for a trade. This is purely a gamble on Holland's end because if he take the next step you're right, hes a great pick up at that price, if he stays where hes at or regresses, he will replace Hudler in everyone's dog house.

No. I mean if he progresses, Holland probably told him he'll stay. If he doesn't progress (stays the same), he'll be traded. Ericsson as-is, has trade value in this market. I don't see Ericsson regressing unless he gets a fluke injury that hampers him.

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Ericsson would have easily had money trucks lining up at his door tomorrow at noon from a bunch of teams looking for D. Easily $3.75+ per year in this market. Ericsson now has trade value because he took a discount has a decent term @ 3years.

Holland can still afford to pay Wiz $5.5 + Eaves $1.5 +

Jagr $2.0 (don't want him) and a backup goalie at $1.0. How much cap is left over? $3+ million?

Holland has more $$ than he needs, Ericsson is an asset, he can be traded for a return. That's called asset management.

Young(er) 27, big (6',6") with a heavy shot from the point? You bet your ass there are GMs out there that would trade for him. Islanders/Leafs/Sens etc...

Ericsson is a bone head, but he's not as bad as people

think. The thing is, this is the Nu:Cap and fans (LGWs) have not yet adjusted. His contract will look like a steal in a few months.

Turnover machine, pylon, terrible in own zone, offensively retarded, weak puck handler, and 90% of the time looks completely lost on the ice......yea, I can totally see how enticing he is.

The fact of the matter is, we just paid 3.25 mil for a repeatedly benched, bottom pair D-man.

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No. I mean if he progresses, Holland probably told him he'll stay. If he doesn't progress (stays the same), he'll be traded. Ericsson as-is, has trade value in this market. I don't see Ericsson regressing unless he gets a fluke injury that hampers him.

Who would want him if he doesn't get better for 3.25m?

Edited by Shaman464

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Turnover machine, pylon, terrible in own zone, offensively retarded, weak puck handler, and 90% of the time looks completely lost on the ice......yea, I can totally see how enticing he is.

The fact of the matter is, we just paid 3.25 mil for a repeatedly benched, bottom pair D-man.

Not a fan of Ericsson either but this is quite an exaggeration don't you think?

For one, I'm pretty sure he wasn't benched at all this past season. He played 74 games and missed 8 due to back spasms.

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i just hope babcock lets ericsson play with lids to see if he can get his confidence back

At that price I feel like it's likely Ericsson will play with Lidstrom.

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At that price I feel like it's likely Ericsson will play with Lidstrom.

ericsson has all the physical tools, maybe it is just something between the ears. he could be good and maybe playing with lidstrom will bring the best out of him.

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i just hope babcock lets ericsson play with lids to see if he can get his confidence back

Or to showcase his talents alongside Mr. Norris all year to boost his trade value!

esteef

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Congratulations.

I now have a deal that I hate about 10,000 times more than I could possibly ever hate Flip's last contract.

This is the happiest moment of my life. :crybaby:

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Who would want him if he doesn't get better for 3.75m?

Holland got a 5th and a prospect for Ville ******* Leino... Just sayin'

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anyone think this contract is strange? I know we all seem to be baffled at it.

maybe holland has some secret agreement with a team needing to reach the cap floor to package ericsson with one of huds/flip and a prospect to land us bogosian or a young stud D man like that.

Edited by redwingfan19

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