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Flyers sign Mark Streit to a multi-year deal [4 yrs, $21m; $5.25 AAV] (post #1)
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06-18-2013, 08:00 AM
Join Date: Apr 2011
Originally Posted by
Contract is one year too long for sure, but the cap hit/AAV is just right. Honestly, other than giving that 4th year I think Holmgren did fine here and I don't get all the *****ing and complaining. Average defenders who register 40-50 points seem to command 5+ million on the open market over the last couple of years hence it is market value and fair.
Matt Carle 5.5 million
James Wisniewski 5.5 million
Denis Wideman 5.25 million
Keith Yandle 5.25 million (RFA contract)
Mark Streit 5.25 million
Sergei Gonchar 5.0 million
The Flyers were DESPERATE for a mobile top 4 defenseman who could bring some offense and skill to their back end. The fact that they didn't have to overpay in a trade (Couturier, 11th overall pick, and possibly more) or give Streit 6 million a year and a full NTC was definitely a good thing in my opinion. Holmgren messed up big time last summer and put himself in this position to begin with but I think he did fairly well under the circumstances. Time will tell.
The only one that is really comparable there is Gonchar. The rest were in their mid to late 20's when they signed those deals, making them much less risky. The cap hit isn't what most people are complaining about (I was expecting somewhere between 5-5.5), but is the length. A 4 year 35+ Contract is a major risk (made even more risky by the NTC) especially for a guy who peaks out as a 2-4 defensemen.
Right now, unless they find a taker for Mez, the Flyers will likely have about 29 million (roughly 45% of the cap) committed to what is at best an average D core. If this contract was an isolated case, I don't think most of us would care. But it speaks to a larger problem which is that the team has horrible cap management skills. Homer was just given 2 get out of jail free cards that will most likely be used on Bryz and Briere. And he's wasted no time replacing those with more bad contracts.
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