View Single Post
03-20-2010, 12:55 PM
Registered User
Join Date: Mar 2010
Posts: 20
vCash: 500
Originally Posted by Wetcoaster View Post
As reported by Cam Cole, here is what Gillis had to say about Kesler's players need to take pay cuts to make the team a Stanley Cup winner comments one year ago:
The way I see it Wet, and I'm one of the few at CDC that misses your insight, Kesler didn't take anything but market value if it were only a 2-year deal.

His value was set by the RFA offersheet compensation chart:
$994,433 or below None
Over $994,433 to $1,506,716 Third-round choice
Over $1,506,716 to $3,013,434 Second-round choice
Over $3,013,434 to $4,520,150 First-round and third-round choice
Over $4,520,150 to $6,026,867 First-round, second-round and third-round choice
Over $6,026,867 to $7,533,584 Two first-round choices, one second- and one third-round choice
Over $7,533,584 Four first-round choices
Using the $4.5m 1st & 3rd compensation as being ridiculously under Kesler's value to any team, a hometeam discount would have been a 2-year/$9m deal (arbitration would have awarded him $5.5m using Ribeiro as a less complete player) after which point he would have likely garnered at least a 4-year/$26m+ deal as an UFA given the offensive powerhouse he plays on. So, if you do the math, it was a discount when you consider Kesler could have made $35m over 6yrs instead of the $30m he'll be getting as of now.

Just a few nuggets to consider:

The Sedins, at age 25, put up 70pt seasons as 2nd liners and re-signed for $3.575m under a $44m cap, or 8.125% of the team's cap. In today's $56.8m cap, that's a $4.615m salary. Keep in mind the Sedins were solid two-way performers but neither one was nominated for the Selke nor do they possess Kesler's speed.

Mike Fisher signed a 5-year/$21m extension just prior to the $50.3m cap season in 2007/2008, or 8.35% of the salary cap. In today's $56.8m cap, that translates to a $4.75m salary and Kesler's $5m is only marginally higher.

This salary will once again look great by year three just like his last 3 years looked like a steal at $1.75m.

Millerdraft is offline