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Belfour signs with Leafs.

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Old
07-01-2004, 08:24 AM
  #26
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Quote:
Originally Posted by Leafaholix
Difference is that Belfour doesn't have as many injuries/problems as Hasek. There's no reason for Belfour to even consider signing a contract that's based on how he performs.
Eddie has a bad back, Dom has a bad groin. When healthy, both are considerable goaltending talents. And there is some definite risk involved with tying up payroll on either.

Toronto looks like they're hedging their bets that they will be able to operate under a similar payroll expenditure as last season for at least this year. With their veteran core, it makes sense to try one more time with the group they have and then in the next off-season make sweeping personnel changes.

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07-01-2004, 09:10 AM
  #27
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Quote:
Originally Posted by Steve L
You get more clueless by the day, look at the thread and just about all think its a bad deal for the money and that includes other leaf fans.
They obviously do not appreciate Belfour as much as they should.

Quote:
Also, how is it a bash when I said that before the salary was announced. He could have signed for $4m and it would have been a good signing.
I do not believe for a second you did not know what the salary was before you posted it.

Quote:
Now, you come across as a total homer because you are attacking a statement that is reasonable and it may prove a good signing or not, depending on the money involved.
How could the re-signing of our mvp prove to be a bad signing?

Leafs fans cannot win on this forum. No matter what the Leafs do, it is always wrong. Example:

Leafs do not sign Belfour : "Leafs are stupid, they are nothing without Belfour!"

Leaf do sign Belfour : "hahah, they re-sign a 40 year old with a bad back!"

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Old
07-01-2004, 09:31 AM
  #28
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What the heck is Ferguson doing??? Belfour at $7 million. Nieuwendyk and Roberts at $7 million (together). Over-paying a little??? You look around the league at all the teams shedding big salaries getting ready for cost controls, and there are the Leafs signing a bunch of old farts for huge dollars. Did someone forget to remind Ferguson and company of the potential for a cap or some sort of cost certainty??? Holy smokes the Leafs are set up to take a hit if a cap is set. It sure doesn't look like Ferguson is thinking when you look at these deals. Is the prospect pool that bleak for the Leafs that he is forced to sign these fossils to big dollar contracts?

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07-01-2004, 09:32 AM
  #29
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Well I guess this puts all the Osgood/Weekes to Toronto arguments to rest now.

I figured that Eddie was worth about $6 million a season or more anyways. Regardless of his age he is still a great goaltender. I saw him shutout the Bruins last season during the Leafs incredible win streak they had going on around December. He's still a legit goalie in my opinion, bad back or not. Definetly worth the $$ the Leafs paid for arguably one of the top 5 netminders in the league.

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07-01-2004, 09:52 AM
  #30
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COME ON Toronto...

Every team in the League is claiming out Loud the current market is no good and they need a new CBA. Now Belfour at 7 Millions... not even for 1 year NO, for 2 YEARS. Talk about giving the players some more things to talk about...

Belfour is a decent signing for the Leafs of course but at this kind of money, it seems more like a NY Rangers move ala: "we got money and make money, we dont mind if you dont"

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Old
07-01-2004, 10:01 AM
  #31
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I guess were saying screw a salary cap, It's Toronto we have the Money to maintain an 100 million payroll and make massive proffits all the same.

if a Cap is in place, then bring on the Luxery Tax we'll still roll around in money.

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07-01-2004, 10:11 AM
  #32
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Quote:
Originally Posted by Killer 93
They obviously do not appreciate Belfour as much as they should.



I do not believe for a second you did not know what the salary was before you posted it.



How could the re-signing of our mvp prove to be a bad signing?

Leafs fans cannot win on this forum. No matter what the Leafs do, it is always wrong. Example:

Leafs do not sign Belfour : "Leafs are stupid, they are nothing without Belfour!"

Leaf do sign Belfour : "hahah, they re-sign a 40 year old with a bad back!"

Oh, poor you. Is anybody buying the "I lost an argument, but I'm a hated Leaf fan, so pity me" excuse anymore?

The fact of the matter is this. The leafs continue to dig themselves in a huge hole. They continue to bank on these overrage and overpaid players, believing that all have and want and are physically able to have one last shot at the can.

7 Million for a 40 year old goalie is ridiculous. Belfour immediately becomes the poster boy (along with Yashin and Holik) of what is wrong with NHL contracts today.

You guys had better hope that, god forbid, his wonky back doesn't came back (as it has, countless times before) because in IMO, Telly ain't ready. After that who? Centomo? Ford? Hodson? They are 2nd Tier talents at best.

Or even worse. What if he slumps out of the gate. With this contract, you have effectively given Belfour absolutely zero value around the league.


Last edited by RyanWhite53: 07-01-2004 at 10:24 AM.
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Old
07-01-2004, 10:53 AM
  #33
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Quote:
Originally Posted by Killer 93
I do not believe for a second you did not know what the salary was before you posted it.
Look at the time it was posted, look at the thread, if his salary was known at that point then it would have been mentioned but deduction isnt a strong point for you, is it?
Quote:
Originally Posted by Killer 93
How could the re-signing of our mvp prove to be a bad signing?
The Flyers didnt sign their MVP because he is old and wasnt worth the salary in the current climate, the Leafs give a $7m+ contract to a 39 (?) year old.
Quote:
Originally Posted by Killer 93
Leafs fans cannot win on this forum. No matter what the Leafs do, it is always wrong. Example:

Leafs do not sign Belfour : "Leafs are stupid, they are nothing without Belfour!"

Leaf do sign Belfour : "hahah, they re-sign a 40 year old with a bad back!"
If you look at my post, I said anything over $5m is bad (so they lose), that implies that anything under $5m is good. So they could have done the right thing in my eyes but as it turned out later, they didnt which is reflected in most of the poster opinions that it was a bad deal.

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07-01-2004, 11:01 AM
  #34
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Quote:
Originally Posted by The~Franchise
The fact of the matter is this. The leafs continue to dig themselves in a huge hole. They continue to bank on these overrage and overpaid players, believing that all have and want and are physically able to have one last shot at the can.
Sure, they're taking a gamble, but their guess of what the new salary structure and penalties will be is different from others. Who knows what the flexibilty of players already under contract will be. The current CBA doesn't expire until the end of the summer and they're using the last oppurtunity as a big-market team to take advantage of that.
Quote:
Originally Posted by The~Franchise
7 Million for a 40 year old goalie is ridiculous. Belfour immediately becomes the poster boy (along with Yashin and Holik) of what is wrong with NHL contracts today.
Belfour earns his money. He made less last year than Hasek or Joseph for example and drastically outperformed them. He was worth 7million alone in the playoffs against Ottawa. He was 39 then. 40 isn't some kind of landmark where limbs start to fall off and he becomes prone to heart attacks mid-game. He's on top of his game, one of the best in the league and should be paid as such.
Quote:
Originally Posted by The~Franchise
You guys had better hope that, god forbid, his wonky back doesn't came back (as it has, countless times before) because in IMO, Telly ain't ready. After that who? Centomo? Ford? Hodson? They are 2nd Tier talents at best.
Like you said, there isn't anyone else ready. Tellqvist is improving and will have fulltime backup duty and play in 25 or so games this year. He is clearly being groomed as Eddie's successor. Why throw him to the wolves when you can keep a top 5 goalie around for another year or two. You admit they need Belfour, so what's the problem?
Quote:
Originally Posted by The~Franchise
Or even worse. What if he slumps out of the gate. With this contract, you have effectively given Belfour absolutely zero value around the league.
Belfour goes absolutely nowhere this year(assuming that there is a this year). This is clearly the last kick at the can for an older team. Mogilny, Leetch, Nieuwendyk, Roberts and Domi's contracts are all up after this year and 3 or 4 are likely to retire. That's about 20mil off the books right there. There isn't anyone to step in and fill most of those slots right now, so why not pay the guys you already have, let them go for it once more? This is the last go for many older guys and likely the last chance to operate under a financial system that favours the team, how can you fault them for going for it again?

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Old
07-01-2004, 11:07 AM
  #35
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Quote:
Originally Posted by SSJTOM
I guess were saying screw a salary cap, It's Toronto we have the Money to maintain an 100 million payroll and make massive proffits all the same.

if a Cap is in place, then bring on the Luxery Tax we'll still roll around in money.
Canada's NewYork Rangers anyone? Ferguson must be two people...one person can't be that stupid!

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Old
07-03-2004, 10:10 AM
  #36
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Belfours contract from http://slam.canoe.ca/Slam040702/col_zeisberger-sun.html

Along with a $2-million US signing bonus, Belfour is in line to make $6 million for 2004-05 and $6 million in 2005-06. Should the Leafs not pick up a team option for $6 million in 2006-07, the veteran goaltender stands to receive a $2-million buyout. There also are a number of incentives. Barring a lockout, he is guaranteed $16 million.

As one prominent agent wondered yesterday: "What were his options had he elected for free agency? It is doubtful he would have received that type of deal anywhere else."
____

So Belfour either makes $16m over 2 years or $20m over 3 years depending on the option. Thats madness for a 39 year old.

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Old
07-03-2004, 10:37 AM
  #37
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Quote:
Originally Posted by Steve L
So Belfour either makes $16m over 2 years or $20m over 3 years depending on the option. Thats madness for a 39 year old.
Yeah, we should have let him walk. It does not matter than he is an elite goaltender, and the most important part of our team. He is 39! Old = bad afterall.

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Old
07-03-2004, 11:24 AM
  #38
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Quote:
Originally Posted by Killer 93
Yeah, we should have let him walk. It does not matter than he is an elite goaltender, and the most important part of our team. He is 39! Old = bad afterall.
Maybe but you dismiss the fact that the Leafs were only bidding against themselves.

Who could afford him?
Flyers have Esche and Niity
Wings have Cujo and Legace
Stars have Turco.
Avs have Abby.

The only remote possibilty of him going elsewhere is with the Rags but even they are rebuilding now.

Primeau was the most important part of the Flyers team, he took a pay cut and makes just over half what Eddie does and he was a lot more sought after than Eddie.

This signing is being panned by fans and experts alike yet a few homer fans cant see that paying $8m to a 39 year old in this climate is madness, especially when Bettman wants no grandfathering with the new CBA.

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07-03-2004, 11:40 AM
  #39
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Quote:
Originally Posted by Steve L
Maybe but you dismiss the fact that the Leafs were only bidding against themselves.

Who could afford him?
Flyers have Esche and Niity
Wings have Cujo and Legace
Stars have Turco.
Avs have Abby.

The only remote possibilty of him going elsewhere is with the Rags but even they are rebuilding now.

Primeau was the most important part of the Flyers team, he took a pay cut and makes just over half what Eddie does and he was a lot more sought after than Eddie.

This signing is being panned by fans and experts alike yet a few homer fans cant see that paying $8m to a 39 year old in this climate is madness, especially when Bettman wants no grandfathering with the new CBA.
What other choice did they have? Maybe you do not realise how important he is to our team. Did you watch any games when Eddie was not in net? It was a completely different team, and not in a good way. I for one would not want to watch the Leafs lose without Eddie and say, "well at least we saved $7 million."

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Old
07-03-2004, 03:35 PM
  #40
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What other choice did Eddie have at $8m a year?

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07-03-2004, 04:13 PM
  #41
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Quote:
Originally Posted by Steve L
What other choice did Eddie have at $8m a year?
Who is to say he was going to come back at all if he did not get the deal he wanted? He is 39 remember? Also, there is no guarantee that another desperate for a goalie franchise would not have bid for him. We just assume.

Where are you getting $8 million from? From everything I have heard, it is $7 million, the same he made last year, plus incentives.

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07-03-2004, 07:56 PM
  #42
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He got a $2m signing on fee and a $2m buyout fee if the Leafs dont take the 3rd year team option.

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Old
07-03-2004, 11:37 PM
  #43
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Quote:
Originally Posted by T@T
Canada's NewYork Rangers anyone? Ferguson must be two people...one person can't be that stupid!
But we make the Playoffs

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