: Kings News:
Kings re-sign Jarret Stoll for 3 years, 9.75 million (3.25m cap hit)
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06-25-2012, 05:09 PM
Join Date: Feb 2002
Originally Posted by
Buddy The Elf
I have a hard time believing there will be a long lockout or one at all. How can the owners OR players claim wrong doing when both parties agreed to the last deal. Find out what is working and what isn't and make a resolution quick because any work stoppage is going to be catastrophic for the league. The few millions they argue about and hold out for could turn into 100's of millions in a blink of an eye if they go down that road again. It will be both the players and the owners losing money when the fans don't come back.
The system clearly isn't working for the owners and with the CBA expiring they have every right to fix it since they are losing money as a whole.
Like I mentioned in my other post, this contract is a perfect example as to why the leagues salary structure and inflation is flawed and unsustainable. Stoll was paid roughly the same four years ago to be a 60 point second line center as he was this week to be a 25-30 point (fair projection, IMO) 3rd line center. What if Stoll had come even close to living up to his previous contract. How much would he be getting if he were a 65 point center?
The owners got absolutely fleeced in the last CBA, the cap floor is 20% higher than the cap ceiling was in 2006. Some players like Jarret Stoll, Jason Garrison, Ville Leino, Dan Hamhuis and Christian Ehrhoff will benefit greatly from this and signed/will sign extremely bloated contracts for what they bring to the table. Jonathan Quick is also very fortunate that he can start negotiating on July 1st before the new CBA again drastically changes the salary structure. It sucks for a guy like Dustin Brown who was grossly underpaid in his last contract and will not be able to negotiate until July 1st, 2013.
Since Stoll came to the Kings in 2008 he will be paid 17.66 million through this year, for largely mediocre hockey. Dustin Brown on the other hand, who has been one of the Kings best players will have earned only 15.5 million over the same time span.
The problem is, there are way to many contracts around the league like Stoll's and not enough like Brown's to counter the losses and lack of value teams are getting from contracts.
The only thing keeping owners in the game is that franchise values continue to rise, the problem is, it's not easy to just turn around and sell a franchise valued in the nine figures, the buyers market is extremely limited and in some places non-existent. Plus the league itself rightfully wants committed owners and not people who are going to buy the team with the intention to flip them a couple of years later.
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