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Pittsburgh signs Kris Letang to extension (8 years, $7.25M per)
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07-03-2013, 01:20 PM
Join Date: Mar 2004
Originally Posted by
Fair enough, but $7.25MM is still going to be pretty hefty throughout the length of the contract - it's still probably going to be 8% of the team's cap hit in the last year of the deal (about $5.2MM with the 13-14 cap).
And the Suter and Parise contracts are atrocious, so that's not a great comparable.
All true. But 2014-15 is going to be interesting to say the least.
Why? And actually my figures were wrong, mostly because I got some of the numbers from a journalist from this article
and should have known that trusting them to be right on anything was a very wrong idea. The cap is fixed next season but can go up as soon as the season after, when Letang's contract doubles his salary. So basically the increase Letang gets in 2014 will eat up the likely increase in the cap.
Meaning that the Pens will likely ice a very similar team to the one that they have today. Oh, some players will change, but none that matter all that much. Next year the Pens will remain one of the cup favorites, and there is no reason to believe that they will not be the year after. After that is where it gets fun. When they can start playing with the EXTRA cap room this deal, as well as Malkin's and Crosby's provide. These deals are only bad to those who have no idea how the system works, and who try to compare RFA deals to UFA deals, deals signed 4 years ago with deals signed today. 4 years from now these deals will be the bargains others will point to. Crosby's $8.7 million per deal is already looking like a bargain, no?
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