Thread: Confirmed Signing with Link: Sens re-sign Erik Karlsson (7 years, $6.5M cap hit)
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06-19-2012, 07:25 PM
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Originally Posted by Pi View Post
It's a bit ironic...but this was supposed to be the money they should have spent on Chara. I still think that the Sens cost themselves the Cup by not signing him.
Chara wouldn't actually accept 6.5 million.

That was the reason he left.

He wanted 7.5 million, and he wanted 5 years. This was the maximum salary possible under the cap at the time.

Ottawa still had to sign Heatley and Spezza the following year, and Redden was willing to go as low as 6 million (if Chara signed for 6) or 6.5 million over a much shorter term of 3 years.

And, unfortunately for Chara, he'd played with a broken wrist and was horrendous in the playoffs that year.

Chara is certainly worth the value of his contract, but there were reasons why they didn't give him what he wanted.

It was still a very divisive decision at the time. Chara was/is a unique quantity in the league, and he's proven that with Boston.

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