pens_CT wrote:Well there is no trade option unless you believe this team will collapse and they're out of the playoff picture come trade deadline. I suspect he leaves as a free agent. He's not giving the Pens a discount, and is probably looking for 8.5 -9 million for 5 years on the open market.
Dynasty1970 wrote:3@5-5.5M tops.
FLPensFan wrote:pens_CT wrote:Well there is no trade option unless you believe this team will collapse and they're out of the playoff picture come trade deadline. I suspect he leaves as a free agent. He's not giving the Pens a discount, and is probably looking for 8.5 -9 million for 5 years on the open market.
This is the exact reason I made this poll. I will start with the much needed disclaimer that I AM NOT a Letang hater.
1. Kris Letang is almost 35. Not almost 25. These big contracts being thrown around to defensemen (Jones, Hamilton, Nurse, etc) are for guys in their prime of their careers, not guys that are in their mid 30's. The highest contract paid recently to a defensemen in their 30's was Roman Josi's 8 year, 9.059M AAV deal. He was 29 when the deal was signed, 30 when it kicked it.
2. In the past 10 years, there have been exactly TWO 35+ contracts signed for defensemen that were 6M or over. One was Kimo Timmonen taking a 1 year deal worth 6M AAV at age 38. Timmonen was a good defensemen, but I'd say this was a grand overpay by the Flyers. Even so, it was still 333K less than his previous cap hit of 6.33M AAV. Lidstrom twice signed 6.2M one year deals. This was also a paycut from Lidstrom's previous deals.
3. In line with the above reasons...I don't see how people (and there are a lot of armchair fans out there on Twitter/CapFriendly/etc that think this way) think Letang is going to be given his preferential term AND his preferential $$$. Typically, you get one or the other. If salary is important, and the Penguins become the 1st outlier in the salary cap era to give a 35 year old defenseman a cap INCREASE, then he should not be getting his preferred term as well. One or the other. If it turns out that he gets both, Hextall is the dumbest GM in the NHL and I will vehemently stand by that.
There's just no precedent for what people think Letang is going to ask for or get. And I'll add that, I'm not even paying attention to re-signs or UFA deals. When I say no defensemen in the salary cap era have gotten a raise on their next deal, that means re-sign OR UFA. None. I like Kris Letang, I think he is a top 5-10 defensemen in this league over the past 10 plus years. But I don't think there is anyone outside of Pittsburgh that is going to say Kris Letang is THE TOP defenseman of the last 10 years. He may be in that conversation, but it would never be unanimous. And I just don't see Kris Letang as the guy who is going to break the trend of getting more money on a 35+ deal.
I think 3 years, 7M AAV would be fair, and if he really prefers 5 years, then it would 5 years, 6M AAV.
Pitts wrote:Dynasty1970 wrote:3@5-5.5M tops.
This has to be sarcasm.
FLPensFan wrote:pens_CT wrote:Well there is no trade option unless you believe this team will collapse and they're out of the playoff picture come trade deadline. I suspect he leaves as a free agent. He's not giving the Pens a discount, and is probably looking for 8.5 -9 million for 5 years on the open market.
This is the exact reason I made this poll. I will start with the much needed disclaimer that I AM NOT a Letang hater.
1. Kris Letang is almost 35. Not almost 25. These big contracts being thrown around to defensemen (Jones, Hamilton, Nurse, etc) are for guys in their prime of their careers, not guys that are in their mid 30's. The highest contract paid recently to a defensemen in their 30's was Roman Josi's 8 year, 9.059M AAV deal. He was 29 when the deal was signed, 30 when it kicked it.
2. In the past 10 years, there have been exactly TWO 35+ contracts signed for defensemen that were 6M or over. One was Kimo Timmonen taking a 1 year deal worth 6M AAV at age 38. Timmonen was a good defensemen, but I'd say this was a grand overpay by the Flyers. Even so, it was still 333K less than his previous cap hit of 6.33M AAV. Lidstrom twice signed 6.2M one year deals. This was also a paycut from Lidstrom's previous deals.
3. In line with the above reasons...I don't see how people (and there are a lot of armchair fans out there on Twitter/CapFriendly/etc that think this way) think Letang is going to be given his preferential term AND his preferential $$$. Typically, you get one or the other. If salary is important, and the Penguins become the 1st outlier in the salary cap era to give a 35 year old defenseman a cap INCREASE, then he should not be getting his preferred term as well. One or the other. If it turns out that he gets both, Hextall is the dumbest GM in the NHL and I will vehemently stand by that.
There's just no precedent for what people think Letang is going to ask for or get. And I'll add that, I'm not even paying attention to re-signs or UFA deals. When I say no defensemen in the salary cap era have gotten a raise on their next deal, that means re-sign OR UFA. None. I like Kris Letang, I think he is a top 5-10 defensemen in this league over the past 10 plus years. But I don't think there is anyone outside of Pittsburgh that is going to say Kris Letang is THE TOP defenseman of the last 10 years. He may be in that conversation, but it would never be unanimous. And I just don't see Kris Letang as the guy who is going to break the trend of getting more money on a 35+ deal.
I think 3 years, 7M AAV would be fair, and if he really prefers 5 years, then it would 5 years, 6M AAV.
Dynasty1970 wrote:Letang as good as he is, is not Lidstrom. Lidstrom was getting back pay for his years of service too I believe.
thehockeyguru wrote:I voted to let Letang walk. I remember when the Pens won a cup without Letang, he's replaceable.
I think Malkin will be next to sign.
Steve Dave wrote:I'd be ok with 4 years at $8.25
pens_CT wrote:Dynasty1970 wrote:Letang as good as he is, is not Lidstrom. Lidstrom was getting back pay for his years of service too I believe.
No he's not Lidstrom, but you can't say well Lidstrom took a pay cut at age 39/40 so why doesn't Letang. Lidstrom also had his existing salary cut by 24% in 2005-06 after the lockout which was the norm for existing contracts prior to the incorporation of a salary cap. Again I think he walks at the end of the season.
FLPensFan wrote:pens_CT wrote:Dynasty1970 wrote:Letang as good as he is, is not Lidstrom. Lidstrom was getting back pay for his years of service too I believe.
No he's not Lidstrom, but you can't say well Lidstrom took a pay cut at age 39/40 so why doesn't Letang. Lidstrom also had his existing salary cut by 24% in 2005-06 after the lockout which was the norm for existing contracts prior to the incorporation of a salary cap. Again I think he walks at the end of the season.
Yes, I understand that 6.2M in Lidstrom's timeframe was more like 7-8M in today's cap world. And I know that he had a forced reduction due to the cap rollback. But since that cap rollback, every contract since then got lower in cap hit as he got older.
The other point is Lidstrom is one of THREE...THREE total guys in the entire cap era that made more than 6M AAV at 35 or over. And nobody with pay increases (at least on defense...pretty sure the number at forward can probably be counted on one hand, too).
IT JUST DOES NOT HAPPEN! (not yelling at you, just making the point) I get that he's the best defensemen this team has ever had, maybe sans Coffey (and I think Letang is better at defense than Coffey). But in the bigger scheme of things, Lemieux, Crosby, McDavid, Lidstrom, Bourque, Roy, Brodeur...those are the type of generational talents that can maybe break the system and do something contract wise that hasn't been done. I don't see Letang at that level. Not even close.
pens_CT wrote:FLPensFan wrote:pens_CT wrote:Dynasty1970 wrote:Letang as good as he is, is not Lidstrom. Lidstrom was getting back pay for his years of service too I believe.
No he's not Lidstrom, but you can't say well Lidstrom took a pay cut at age 39/40 so why doesn't Letang. Lidstrom also had his existing salary cut by 24% in 2005-06 after the lockout which was the norm for existing contracts prior to the incorporation of a salary cap. Again I think he walks at the end of the season.
Yes, I understand that 6.2M in Lidstrom's timeframe was more like 7-8M in today's cap world. And I know that he had a forced reduction due to the cap rollback. But since that cap rollback, every contract since then got lower in cap hit as he got older.
The other point is Lidstrom is one of THREE...THREE total guys in the entire cap era that made more than 6M AAV at 35 or over. And nobody with pay increases (at least on defense...pretty sure the number at forward can probably be counted on one hand, too).
IT JUST DOES NOT HAPPEN! (not yelling at you, just making the point) I get that he's the best defensemen this team has ever had, maybe sans Coffey (and I think Letang is better at defense than Coffey). But in the bigger scheme of things, Lemieux, Crosby, McDavid, Lidstrom, Bourque, Roy, Brodeur...those are the type of generational talents that can maybe break the system and do something contract wise that hasn't been done. I don't see Letang at that level. Not even close.
If you're Hextall and over the next month its obvious that a contract extension isn't going to happen, do you consider moving him to Montreal for someone like Petry, versus hanging on to him and getting nothing at the end of the season.
FLPensFan wrote:pens_CT wrote:FLPensFan wrote:pens_CT wrote:Dynasty1970 wrote:Letang as good as he is, is not Lidstrom. Lidstrom was getting back pay for his years of service too I believe.
No he's not Lidstrom, but you can't say well Lidstrom took a pay cut at age 39/40 so why doesn't Letang. Lidstrom also had his existing salary cut by 24% in 2005-06 after the lockout which was the norm for existing contracts prior to the incorporation of a salary cap. Again I think he walks at the end of the season.
Yes, I understand that 6.2M in Lidstrom's timeframe was more like 7-8M in today's cap world. And I know that he had a forced reduction due to the cap rollback. But since that cap rollback, every contract since then got lower in cap hit as he got older.
The other point is Lidstrom is one of THREE...THREE total guys in the entire cap era that made more than 6M AAV at 35 or over. And nobody with pay increases (at least on defense...pretty sure the number at forward can probably be counted on one hand, too).
IT JUST DOES NOT HAPPEN! (not yelling at you, just making the point) I get that he's the best defensemen this team has ever had, maybe sans Coffey (and I think Letang is better at defense than Coffey). But in the bigger scheme of things, Lemieux, Crosby, McDavid, Lidstrom, Bourque, Roy, Brodeur...those are the type of generational talents that can maybe break the system and do something contract wise that hasn't been done. I don't see Letang at that level. Not even close.
If you're Hextall and over the next month its obvious that a contract extension isn't going to happen, do you consider moving him to Montreal for someone like Petry, versus hanging on to him and getting nothing at the end of the season.
I would consider it, but I doubt they will. My only reason for considering it is it would be tough seeing Letang AND Rust walk for nothing. Then trying to replace them both in a cap tight year. Then again, if Letang tells Pittsburgh he wants 5 years and 9M AAV, why would Hughes trade us Petry when he knows he can likely get Letang for no assets in the summer.
I asked Dejan what he thinks a Letang contract with Pittsburgh would look like. He said 3 years and somewhere right around his current cap hit (guess that could be slightly more or less). He also said that with Hughes in Montreal that they can easily blow that out of the water, so that will complicate things.
stonewizard51 wrote:thehockeyguru wrote:I voted to let Letang walk. I remember when the Pens won a cup without Letang, he's replaceable.
I think Malkin will be next to sign.
Right there with you.
Malkin said he's wealthiy now so my guess is he's not wanting a big contract. If he does he can walk too.
thehockeyguru wrote:Short answer on Montreal is they won't have the cap space. They already have Weber and Petry both over 6M on the right side and I can't see anyone wanting those deals without a considerable sweetener
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