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Long-term roster-building discussion (Full contract chart in post #1)

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03-07-2013, 04:53 PM
  #176
shureshot66
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As far as the Penguins go -- long-term, I think the biggest worry is probably keeping Letang in the fold.

It's been reported that ownership wants to keep Malkin around as long as possible. If the guy wants to stay, they're going to pay him to stay. The hope there is that he'll do it for less than $10mil/yr.

As it stands now, Letang's value is going to soar. If he were to hit the open market, the competition could probably drive his price up in the $8 million range, which I think we can all agree is too much. I know the guy has had some frustrating stretches of play this year, but the perception of him (outside of Pittsburgh) is as high right now as it ever has been. Multiple national outlets have named him either No. 1 or No. 2 in their midseason Norris rankings, including a panel of hockey writers from across the country, as compiled by USA Today.

Obviously there are external factors there. If Karlsson doesn't go down, then Letang would be getting less attention for this sort of thing. But the hype is building. I honestly don't know how I'd handle his contract negotiation when it starts up this summer. How much is too much?

Tough to read into things too much, but for posterity's sake, here are Malkin and Letang's (brief) thoughts on this subject after the lockout was lifted:

Quote:
Malkin said he would like to remain with the Penguins because of Crosby.

“Teams need two great players to win (the) Stanley Cup,” Malkin said. “With Sid here, I always have (the) best chance to win.”

As for Letang: “Sid and Geno are going to be here. That is a good start, right?”

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03-07-2013, 04:59 PM
  #177
Captain Hook
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I really wouldn't go above 7 million/per for Letang. I'd hope to get him at Karlsson money, 7 years, 45.5 million, 6.5m cap hit. Maybe add an 8th year and make it 52 million over 8 years.

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03-07-2013, 05:27 PM
  #178
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I think shero points out that karlson got 6.5 and starts from there. probably giving him an offer of 6 million for 8 years

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03-07-2013, 05:39 PM
  #179
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Sure would have been nice to extend Malkin to a Crosby -like contract before the new CBA

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03-07-2013, 05:52 PM
  #180
Captain Hook
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Quote:
Originally Posted by JimmyTwoTimes View Post
Sure would have been nice to extend Malkin to a Crosby -like contract before the new CBA
Agreed but unfortunately he wasn't eligible for an extension until this off-season.

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03-07-2013, 06:06 PM
  #181
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When malkin signed his second contract it would have been nice if he was given a 4 year instead of 5. I know shero couldnt have seen the contract limit year change coming but should have had them signed until before the cba.

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03-07-2013, 07:42 PM
  #182
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Quote:
Originally Posted by Captain Hook View Post
I really wouldn't go above 7 million/per for Letang. I'd hope to get him at Karlsson money, 7 years, 45.5 million, 6.5m cap hit. Maybe add an 8th year and make it 52 million over 8 years.
I wouldn't feel comfortable with anything around 7 million.

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03-08-2013, 11:18 AM
  #183
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6mill per year for Letang

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03-08-2013, 11:30 AM
  #184
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I think Keith's contract is a good comparable. 7 mil is way out of the question.

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03-08-2013, 12:23 PM
  #185
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$5.8M for Letang

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03-08-2013, 12:28 PM
  #186
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Problem is Duncan Keith got a 13 year deal and that's the only reason his cap hit is so low. His deal pays him $57,750,000 over the first 8 years (Max length you can now offer). That would be around a $7,218,750 cap hit if my math is right. I think Letang is worth 6.5m but he can get at least 7 from some team if that's what he wants to chase after.

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03-08-2013, 12:36 PM
  #187
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Quote:
Originally Posted by Captain Hook View Post
Problem is Duncan Keith got a 13 year deal and that's the only reason his cap hit is so low. His deal pays him $57,750,000 over the first 8 years (Max length you can now offer). That would be around a $7,218,750 cap hit if my math is right. I think Letang is worth 6.5m but he can get at least 7 from some team if that's what he wants to chase after.
True. I forgot the length of Keith's deal. Just remembered it was 5.6. Makes sense

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03-08-2013, 12:56 PM
  #188
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Letang is well worth 7 million to the Pens. It's a no-brainer signing IMO, and we would be way lucky to get him for less than that.

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03-08-2013, 12:57 PM
  #189
Le Magnifique 66
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I love Letnag but i'm not sure I'm ready to give him anything around 7+ a year

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03-08-2013, 01:00 PM
  #190
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Quote:
Originally Posted by Le Magnifique 66 View Post
I love Letnag but i'm not sure I'm ready to give him anything around 7+ a year
If he was looking for 7+ I'd be picking up the phone with the Habs and talking PK plus for letang. I'm not saying he isn't worth it but on the pens that would hurt with the cap going down. This is assuming Malkin will take 8.7 aswell.

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03-08-2013, 01:00 PM
  #191
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Quote:
Originally Posted by Gallatin View Post
Letang is well worth 7 million to the Pens. It's a no-brainer signing IMO, and we would be way lucky to get him for less than that.
He's worth the money if it's what you have to pay to lock him up. I'm not sure he'll be worth that money long-term to the Pens if one of Morrow and/or Pouliot pan out but you have to sign him to protect that asset. We can always move him later for a king's ransom because he'll surely be worth that money to some team that's desperate for D.

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03-08-2013, 01:13 PM
  #192
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Quote:
Originally Posted by Hottubber View Post
If he was looking for 7+ I'd be picking up the phone with the Habs and talking PK plus for letang. I'm not saying he isn't worth it but on the pens that would hurt with the cap going down. This is assuming Malkin will take 8.7 aswell.
You won't get more than Subban for Letang. The extra production you get with Letang is offset by the cheaper cap hit and all-round upside of Subban.

If Montreal wanted to do this, I'd be down (and I love Letang).

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03-08-2013, 01:19 PM
  #193
Coach John McGuirk
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Eh, Letang at $7M/yr scares the **** outta me. For that kind of money, he better start becoming A LOT better of a PP guy.

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03-08-2013, 01:29 PM
  #194
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Quote:
Originally Posted by CaptainZappBrannigan View Post
Eh, Letang at $7M/yr scares the **** outta me. For that kind of money, he better start becoming A LOT better of a PP guy.
Letang dominates the game 5 on 5 like no other D in the League. That matters much more than being a top PP QB. You can always trade him if things don't work out, as their are plenty of teams out there that would gladly hand him 8 million a year as an UFA.

Figure on 7 for Letang, and 9.7 for Geno, the way Shero manages the Cap, and with all the cheap D assets coming through the system, we will still be able to ice a fairly complete team.

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03-08-2013, 01:40 PM
  #195
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Quote:
Originally Posted by Gallatin View Post
Letang dominates the game 5 on 5 like no other D in the League. That matters much more than being a top PP QB. You can always trade him if things don't work out, as their are plenty of teams out there that would gladly hand him 8 million a year as an UFA.

Figure on 7 for Letang, and 9.7 for Geno, the way Shero manages the Cap, and with all the cheap D assets coming through the system, we will still be able to ice a fairly complete team.
You don't pay a defenseman $7M/yr without at least being a competent PP guy. Letang leaves a Hell of a lot to be desired when it comes to his play with the man advantage. Don't get me wrong, I love the guy and hope he retires a Penguin, but for an insane cap hit like we're talking, especially with the cap dropping, he had better step his game up in terms of decision making and power play production/efficiency.

And honestly, I'd be damn surprised if there were plenty of GMs willing to throw $8M/yr at Letang. Suter and Weber got insane deals this off-season before we knew the cap was dropping, and they were both involved in massive bidding wars.

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03-08-2013, 01:58 PM
  #196
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As much as I love Letang's game, I think we have leverage in negotiations with him. We have all the prospects. We have options. Yeah, we kinda suck without him but you have to use the D prospect pool as leverage in negotiations.

Letang is not a player I'd want to give anything he wants to, salary-wise.

James Neal pretty much could have written his own check. Not the situation with Letang.

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03-08-2013, 02:14 PM
  #197
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I think Martin is our biggest leverage. If he continues to play well and carries it into the postseason, having him locked up for another two years is huge. Despres, Dumoulin and Morrow fight for spots next year. And the recent history of Shero moving a core player if he doesn't get him signed.

Best solution is give him the money he wants, make it work capwise. And if your D corps allows you to move him in a few years, you deal with it then.


Last edited by mpp9: 03-08-2013 at 02:36 PM.
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03-08-2013, 02:15 PM
  #198
SterlingBennett
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CAPGEEK.COM USER GENERATED ROSTER
My Custom Lineup
FORWARDS
Chris Kunitz ($3.725m) / Sidney Crosby ($8.700m) / Jussi Jokinen ($3.000m)
Beau Bennett ($0.900m) / Evgeni Malkin ($8.700m) / James Neal ($5.000m)
Matt Cooke ($1.800m) / Brandon Sutter ($2.067m) / Pascal Dupuis ($1.500m)
Tanner Glass ($1.100m) / Joe Vitale ($0.550m) / Craig Adams ($0.675m)
Dustin Jeffrey ($0.688m) /
DEFENSEMEN
Kris Letang ($3.500m) / Matt Niskanen ($2.300m)
Paul Martin ($5.000m) / Brooks Orpik ($3.750m)
Simon Despres ($0.840m) / Rob Scuderi ($3.400m)
Mark Eaton ($0.725m) / Deryk Engelland ($0.567m)
GOALTENDERS
Marc-Andre Fleury ($5.000m)
Tomas Vokoun ($2.000m)
------
CAPGEEK.COM TOTALS (follow @capgeek on Twitter)
(these totals are compiled with the bonus cushion)
SALARY CAP: $70,200,000; CAP PAYROLL: $65,485,833; BONUSES: $0
CAP SPACE (23-man roster): $4,714,167

---

JJ from Carolina for Kennedy + mid pick or Kennedy + low end prospect + later pick

Scuds from LA for 2nd + low/mid range prospect

And there is still quite a bit of cap to obtain a UFA 4th liner to make that line tougher for the playoffs.

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Old
03-08-2013, 02:24 PM
  #199
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Quote:
Originally Posted by Hottubber View Post
If he was looking for 7+ I'd be picking up the phone with the Habs and talking PK plus for letang. I'm not saying he isn't worth it but on the pens that would hurt with the cap going down. This is assuming Malkin will take 8.7 aswell.
Quote:
Originally Posted by CaptainZappBrannigan View Post
You don't pay a defenseman $7M/yr without at least being a competent PP guy. Letang leaves a Hell of a lot to be desired when it comes to his play with the man advantage. Don't get me wrong, I love the guy and hope he retires a Penguin, but for an insane cap hit like we're talking, especially with the cap dropping, he had better step his game up in terms of decision making and power play production/efficiency.

And honestly, I'd be damn surprised if there were plenty of GMs willing to throw $8M/yr at Letang. Suter and Weber got insane deals this off-season before we knew the cap was dropping, and they were both involved in massive bidding wars.
The cap is dropping next year, and the Letang/Malkin deals won't kick in till the next year. By then, the cap will rise and be around 70 mil. (i would assume). Will be room to give Letang 7 (which he deserves whether people here think it or not) and Malkin 9.7.

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03-09-2013, 02:03 AM
  #200
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Quote:
Originally Posted by Gallatin View Post
Letang is well worth 7 million to the Pens. It's a no-brainer signing IMO, and we would be way lucky to get him for less than that.
He's def not worth 7mil+ he's a good defender at even strength, physical, good puck mover and excellent skater with his quickness but the guy can't run a powerplay and he never shoots the puck almost like he's scared to... Letang is one of the better defenders in this league but he's not worth the top dollar, I wouldn't go any higher than 6 million on him... The only way he's gana get that 7+ million a year is if he goes to a desperate team that's blowing their money away or he steps up on the power play slowing things down and quarterbacking it and starts to shoot more showin that he can do more than just make a good pass

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