Tuesday, August 23, 2005

Sorry Mr. Arbitrator, your services are not required

Well, scratch that last post. Sportsnet is reporting that the Ottawa Senators and Marian Hossa have avoided arbitration, agreeing to a new three-year, $18 million contract. Yikes. I don't have my spiffy "Sens Cap Situation" chart in front of me, but I do know that that puts them pretty close to the $39 million cap, meaning, expect a trade anytime now.

9 Comments:

At 11:16 AM, Blogger just'cuz said...

Give him the "C" and let him feel the pressure of the status he wanted.

imho: He's now officially over-paid.

 
At 11:27 AM, Blogger CMcMurtry said...

I agree.

 
At 11:58 AM, Anonymous pete said...

wow. I totally didn't expect that.

But why do they have to make a trade now? They're not over the cap by my calculations, they're just close to it.

Isn't this a sort of "one last kick at the can" sort of deal, where they go for the Cup and then accept losing a few members of the core next July either way? I mean, if they win, everybody's happy. And if they don't lose again, the team was going to have to break up the core anyway, I would assume.

 
At 12:08 PM, Blogger miser said...

What does the CBA really say?
http://commonsens-e.blogspot.com/

 
At 12:10 PM, Blogger CMcMurtry said...

I plan to do a post about it later, Pete, but they're about $500,000 away from the cap, give or take a few hundred thousand.

Muckler said he wanted to be at about $37 million in case of injuries and/or trades.

They're not fucked, but in quite the rough spot.

 
At 12:11 PM, Blogger just'cuz said...

Now, it's going to be difficult to trade Hossa because of the amount of the contract. That means one of Chara or Redden will not be back because Phillips, Spezza, Fisher and Vermette will surely want (and deserve) an increase. When will Smolinski's and de Vries' contracts end?

I sure hope, Mr. Muckler knows what he's doing!

 
At 12:12 PM, Blogger CMcMurtry said...

Miser,

As best I can tell, the contract averaging system applies to all contracts.

New, old, weighted in whatever way. They're all averaged as far as counting against the cap.

So for all three years, Marian Hossa will count for $6 million, even though this year, he'll only make $5 while in '07-'08 he'll make $7 million.

 
At 12:12 PM, Blogger CMcMurtry said...

de Vries and Smolinski both have two years left on their deals.

 
At 12:42 PM, Anonymous David said...

Yes, I believe the average is used in salary cap calculations. And according to my calculations the Sens ahve about $27.5 million allocated to just 19 players. At bare minimum you need to account for a 22 player roster and if you allocate the league minimum of $450,000 to those 3 additional players you've reached out limit. A trade is all but certain and I'd put my bets on Redden or if a forward goes Smolinski.

FYI, players signed through next season are Hossa, Alfredsson, deVries, Smolinski, Phillips, Fisher, Volchenkov, Varada and Hamel totalling about $21.5 million. Time permitting I hope to post something about this on my blog later today.

 

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