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Ozzie30

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

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Maybe if Babs dresses Ericsson in a Hawks sweater in the pre-season, Tallon will want to trade for him.

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Elliot, your posts are eloquent, well-thought, and intellectually sound. I regret that I have reached my quota of +'s for the day.

I guess I consider this to be an over-pricing in an overpriced market. If Holland were selling, such as your example with Apple, I would consider it a good analogy. But Holland is the buyer, so to speak.

Suppose you were a buyer for an electronics store. Over the years you had gotten great deals from the manufacturers, many of which involved long-term commitments to the product, in return for which you got a volume discount. In other cases, you got them by your reputation as a good client.

You locked up many of your deals in advance. Sure, you had to let some go, but your company has a budget which you can't exceed.

Now electronics are overpriced. You have to stock your store, but all of the other buyers are clamoring to stock their stores as well. All of the non-contracted companies know that this year there is huge demand over the supply. You are not going to get any deals, even if the products are not as good as what the suppliers have turned out in previous years.

In the past, you have gotten contracts for iPads for an average of 6.02m/year for life, and you got a one-year deal on iPhones for 6.2 that they could easily have charged you up to 10 for.

Now you have to take what is there. And that means iPinto for 3.25. Take it or leave it. Tomorrow someone else gets the contract and they might pay much more, leaving you to over-pay for the iEdsel. (Sorry, I don't know enough about electronics to continue the analogy.)

Again, Elliot, thank you for your input. I may not agree, but it was a pleasure to read.

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Elliot, your posts are eloquent, well-thought, and intellectually sound. I regret that I have reached my quota of +'s for the day.

[skipped for quoting]

Now you have to take what is there. And that means iPinto for 3.25. Take it or leave it. Tomorrow someone else gets the contract and they might pay much more, leaving you to over-pay for the iEdsel. (Sorry, I don't know enough about electronics to continue the analogy.)

Again, Elliot, thank you for your input. I may not agree, but it was a pleasure to read.

This analogy is good for brainless machines who cannot compare their abilities, not humans. Steve Jobs thinks for iApples, that is why they cost at least two times more than similar products from other brands. Like I mentioned next year iKronwall with ask about 6.5 per year while his normal price taking into account Red Wings hometown discount would be 5. Think yourself, what is the reason to give up on additional money when people around you have no such intentions at all?

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Let me get this out of the way right now, this isn't one of Holland's best signings. I would have been more than happy to let him walk than give him almost triple what he was making before. However, I don't think its quite as bad as everyone is making it out to be and here's why:

1. The salary cap went up by $5 mil. Bob Mackenzie reported somewhere that he expects it to go up another $5 mil next off season too. Ericsson was probably reasonably going to get around $2 mil, so we basically overpaid by $1 mil.

2. When Ericsson makes a mistake it really sticks out, but he finished with a +8 on the season, so he must have been doing something right. At times, I noticed him in a good way, using his body to block shots, hit somebody or rip the puck away. He HAS potential to be something special. Right now he's battling with consistency. If he could play like that all the time or at least most of the time, he'll be well worth the contract he just received.

3. Overpaying by a $1 mil for a young player with potential at a position that needs to be strong isn't a bad move. With the cap continuing to rise combined with older players coming off the books, taking a $1 mil gamble isn't the worst idea ever. Take a look at Zdeno Chara's first three years in the NHL. Not exactly stellar numbers. We're getting a new defensive coach this year and maybe whoever this guy is can work with him and get some consistency to his game.

4. If things are disastrous and he gets "lazier" and "suckier", just trade him. If there's one thing we've learned this off season is that bottom feeders that don't spend a lot of money will take on bad contracts to get to the cap floor.

5. I don't see this signing affecting our ability to sign Kronwall and Stuart. Kronwall will get a big pay day next year regardless of what Ericsson is making. The same can be said for Stuart. Paying an extra $1 mil for Ericsson won't break the bank especially if Lidstrom, Holmstrom, Hudler and Bert are all gone next season.

I'm NOT a fan of the signing and wouldn't have made it myself, however, I can see why Holland would make this move and I don't think he's panicking. I think he's gambling. He's gambling on Ericsson getting better. I don't think its a smart gamble, but only time will tell.

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Don't like this signing much right now... maybe Ericsson will using some of that money on a few cycles of steroids and some fighting lessons to help him earn the pay.

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This analogy is good for brainless machines who cannot compare their abilities, not humans. Steve Jobs thinks for iApples, that is why they cost at least two times more than similar products from other brands. Like I mentioned next year iKronwall with ask about 6.5 per year while his normal price taking into account Red Wings hometown discount would be 5. Think yourself, what is the reason to give up on additional money when people around you have no such intentions at all?

That's true. However I do think that Kronner and Stuie will still take their discounts. The end results will be higher than we were expecting due to the precedent this season. IOW, with the cap having gone up, what was a 6.5 will become a 7 or 7.5. Kron and Stu will still take less than what they would get on the open market, but that amount will be higher. If they would have signed for 5 this year, it will be 5.5 or 6 next year.

The whole thing is like inflation. I paid $85 a month for my first apartment. No way I'm getting a price like that now. But if I had locked in on a lifetime agreement (and not moved, of course) I'd be sitting really pretty. What we're seeing here is a much higher adjustment than we've had in previous years.

On the other hand, prices could spike this year, and next year could be normal and Kronner and Stuie might have that "dang, I missed out!" feeling you get when you fill your gas tank only to see the price fall the next day.

And now, all of this talk of Apples, i or otherwise, is making me hungry. I'm off to the store for some fruit!

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I just don't get it. According to this article:

http://www.freep.com/article/20110701/SPORTS05/107010406/Wings-look-best-buys-free-agency?odyssey=tab%7Ctopnews%7Ctext%

Holland has admittedly said that he plans for Ericsson to be a bottom, 5th defenseman. Is there a single 5th/6th defeseman making over 3 mil a season? Toronto included?

Dude - it's inflation, and the rising salary cap's fault!

:hehe:

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Yah Ericson was doing something right all right... PLAYING WITH RAFI!!! Look at the comparisons to the games Ericson played with Rafi compared to the games Rafi did not play... that plus/ minus took a hit! I love Kenny Holland, he has done wonders for this team, but imo this was a terrible signing... and if kenny is playing Ericson on the bottom pairing (which is where he belongs) then this is a HUGE overpayment. IMO I woulda rather had Lilja bought back for that at a cheaper price.

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Dude played like crap IN A CONTRACT YEAR...it's that where you are supposed to shine brightest so you get the big payday? What do you expect from a content, signed, fat and happy Ericsson? OY.

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I'm a huge fan of big E, but even I think he's not worth this much. Maybe we're wrong but wow

Yeah - me too. Seems way too high but I'm prepared to hold out my final verdict until we see him play under the new D coach.

AARedWingFan likes this

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WoW I've never seen a signing that has caused LGW to go this crazy.

I just don't get what's the bad part about signing Ericsson. Sure, he didn't perform to his expectancy but the his still 27, 6-4 and 220 ... which I really don't mind having. I really think he will pan out to be a good defenseman eventually if we hire a defensive coach that can groom him better then Brad McCrimmon did.

Did you guys forget his first playoffs when he stepped him and everyone was happy (The Year We Won The Cup. The following year, Brad McCrimmon stepped in as defensive coach ... the defense has never been the same since his arrival. IMO, his poor play / poor play of defense has more to do with Brad McCrimmon then anything else. It would be a real shame if he did go to another team with a better defensive coach and pan out to be a good player, then everyone would be complaining on how Holland let that slip by.

I could be possibly be wrong, Ericsson might just lack the level to play in the NHL but that one we won't be able to tell for at least 1 more year (with a new D. coach).

IMO, there are no quality FA's this year and if Holland didn't sign anyone and brought the kids up to play I would be very happy. The only FA that would of interested me is Wisnieski but please Kenny don't overpay him.

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I don't really care for the numbers, but I'm glad the big guy is coming back. I think if he is used in a way that would let him use his big shot, he would be much more of an offensive asset. Defensively...Yea, lets go with a new D coach and see what happens. I'm optimistic but skeptical of the price.

Edit: typo

Edited by AARedWingFan

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Everyone keeps forgetting, sure 2-2.5 million would be a good deal IF THE CAP DIDN'T GO UP. The cap has went up, therefore contracts are going up.

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WoW I've never seen a signing that has caused LGW to go this crazy.

I just don't get what's the bad part about signing Ericsson. Sure, he didn't perform to his expectancy but the his still 27, 6-4 and 220 ... which I really don't mind having. I really think he will pan out to be a good defenseman eventually if we hire a defensive coach that can groom him better then Brad McCrimmon did.

Did you guys forget his first playoffs when he stepped him and everyone was happy (The Year We Won The Cup. The following year, Brad McCrimmon stepped in as defensive coach ... the defense has never been the same since his arrival. IMO, his poor play / poor play of defense has more to do with Brad McCrimmon then anything else. It would be a real shame if he did go to another team with a better defensive coach and pan out to be a good player, then everyone would be complaining on how Holland let that slip by.

I could be possibly be wrong, Ericsson might just lack the level to play in the NHL but that one we won't be able to tell for at least 1 more year (with a new D. coach).

IMO, there are no quality FA's this year and if Holland didn't sign anyone and brought the kids up to play I would be very happy. The only FA that would of interested me is Wisnieski but please Kenny don't overpay him.

Okay, you've convinced me. My hate for McCrimmon is much greater than that for E. Will the "Ericsson sucks" bandwagon please pull over and let me off...for now. Just circle the block a few times, if you don't hear from me by December 1st just take off without me.

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TRADE! TRADE! TRADE! E is worth 1.5 to 2, and in 5 years he'll still be worth 1.5 to 2. Holland is an alcoholic.

At this point, keep Jiri and trade Kenny

Edited by number9

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Maybe Kenny has someting up his sleeve regarding Ericsson. A sign and trade? Ah Kenny doesn't make trades. I'll come back to reality now.

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guys, i had a bad dream last night that the wings signed ericsson to a multi-year deal at 3.25 mil a year! can you imagine! lol...

...

...

...s***.

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WoW I've never seen a signing that has caused LGW to go this crazy.

I just don't get what's the bad part about signing Ericsson. Sure, he didn't perform to his expectancy but the his still 27, 6-4 and 220 ... which I really don't mind having. I really think he will pan out to be a good defenseman eventually if we hire a defensive coach that can groom him better then Brad McCrimmon did.

Did you guys forget his first playoffs when he stepped him and everyone was happy (The Year We Won The Cup. The following year, Brad McCrimmon stepped in as defensive coach ... the defense has never been the same since his arrival. IMO, his poor play / poor play of defense has more to do with Brad McCrimmon then anything else. It would be a real shame if he did go to another team with a better defensive coach and pan out to be a good player, then everyone would be complaining on how Holland let that slip by.

I could be possibly be wrong, Ericsson might just lack the level to play in the NHL but that one we won't be able to tell for at least 1 more year (with a new D. coach).

IMO, there are no quality FA's this year and if Holland didn't sign anyone and brought the kids up to play I would be very happy. The only FA that would of interested me is Wisnieski but please Kenny don't overpay him.

We don't have a problem with Ericsson being a Red Wing. But it's an overpayment of about 1 mil per year. I don't care that the Cap has gone up. A bad contract is still a bad contract. Just because you have Cap space to burn doesn't mean you should light your payroll on fire. I still have faith in Kenny but I am still shaking my head over this contract.

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Heh, saw this and instantly knew there would be a s***storm here. Seems really expensive, I feel like we're paying for potential that should already have surfaced. Not a fan of this move, would've expected about 2.5mil per year...

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But he didn't want to take the risk. Not just with Hossa, but with anyone. He signed Franzen and then half-assed everything else and watched all of his free agents walk away. He admitted himself that he was taken by surprise. He didn't play it write. He didn't focus on what he so often preached which is "VALUE." The best move he could have made to get the most value out of his money was focusing on getting Hossa signed, letting Huds and Sammy walk, dealing Flip for picks. Then he could've used his greatest talent in finding under the radar guys and older guys with something left to prove to fill out the roster, much as he had to do anyways after he was left with nothing because he didn't put any real effort into anything.

This x 1000! This was a cornerstone bad move that send us years back to get the cup again..

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Wow. I go out for the night and don't get to check out signings and this happens? Obviously an overpayment, but I'm going to try not to get too bent out of shape. Maybe he'll be paired with Lidstrom and used in more situations? I can't see Kenny signing him for this if he's only going to be #5 on the depth chart? Am I off base here?

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