P.K. Subban Thread IX: 'Try to make this one last longer than a day' Edition
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01-27-2013, 08:26 AM
Join Date: Jun 2011
Originally Posted by
Bad cap management is signing players long-term to huge contracts when you have little cap space. AKA Bryzgalov, Gomez... Prust at 2.5 is easy to manage. He can be traded no problem. It's not a huge liability. Signing Subban to a long-term 5ish contract would put us against the cap this year and we'll be very very thing next year. The PK deal is all about cap management over the next two years which will be very tight.
I've mentioned this before, but the next two years is NOT the problem. Yes, we're tight, but the only new contracts during that time will be Desharnais plus ELCs for Galchenyuk, Gallagher and possibly Tinordi. We won't re-sign Bouillon, we have another buyout if necessary, which means the Habs are okay until the end of 2014. Lowballing Subban is NOT necessary.
But what happens after that? The approx $2M we save on this 'bridge' contract will vanish once we have to open the bank for PK in two years. The future PK will have two more years of experience, the league salaries will be two years higher, and the market value for him will have risen to close to $7M per season long term.
If we want to lock up Subban long-term, we can choose which Subban we want to pay. The present PK at approx $4.5 - $5M per is more affordable than the future PK two years from now, who will cost us about $2M more of cap space each season. IMO, it makes sense to pay the present PK.
Yes, of course it's a risk. But most successful teams are willing to invest in their stars. What makes our philosophy better? "It's the way we've always done it" is a terrible answer.
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