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For the Habs and GM Gauthier, the Summer of Speculation is Well Underway

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Anyone witnessing Pierre Gauthier's post season press conference is well aware that he is a man who plays his cards close to vest. While with the Ottawa Senators, Gauthier was known as The Ghost, no doubt for his efforts in keeping his own counsel. Riffled with questions as to what the Canadiens would be doing with several key unsigned players in different scenarios, Gauthier sidestepped everything query offered, giving more airtime to reasons for not answering that he did for the question at hand.

So, here we are now, mid June, with still no answers, and fifteen days left until the quietest free agent season ever opens. This far in, everyone will be assuming that Gauthier's moves are tied directly to what the club will do at the 2010 Entry Draft on the 25th of June.

As it stands, the Canadiens have 14 players signed for 2011 at a cap hit of approximately $45,732M. With the salary cap expected to rise to $58.8M, it means the Habs will have close to $14M to spend on seven or eight players to reach a 22 or 23 man roster.

Signed, in order of salary for next season are: Scott Gomez (7.357), Mike Cammalleri (6.0), Andrei Markov (5.75), Roman Hamrlik (5.5), Brian Gionta (5.0), Jaroslav Spacek (3.83), Andrei Kostitsyn (3.25), Hal Gill (2.25) Travis Moen (1.5), Georges Laraque (1.5), Josh Gorges (1.1), Ryan O'Byrne (0.942), Max Pacioretty (0.875) and Ben Maxwell (0.735)

Laraque, who's contract is being bought out, should be off the book any day now, easing another million back into the Canadiens' coffer for next season.

Free agents, restricted and unrestricted are Jarosla Halak (RFA), Tomas Plekanec (UFA), Carey Price (RFA), Glen Metropolit (UFA), Maxim Lapierre (RFA), Benoit Pouliot (RFA), Sergei Kostitsyn (RFA), Tom Pyatt (RFA), Dominic Moore (UFA), Mathieu Darche (UFA), Marc-Andre Bergeron (UFA) and Paul Mara (UFA).

Understandably, the priorities in order are Halak and Plekanec, Price and Moore.

Star-divide

The Halak signing is a no brainer, and so should Plekanec's, despite some consternation from corners preferring to value him over his last five games of the year and not his first 96. Price, unless or until he's traded, remains a valuable commodity. Moore, along with Plekanec, gave the Canadiens centre depth that enabled them to compete with Pittsburgh and Washington. If either departs, the team will not near a middle line resembling what finally permitted three rounds of playoff games.

UFA's Metropolit, Bergeron and Darche, not that they weren't solid servicemen, likely will not be returned unless under extreme circumstances. The Canadiens have a great interest in retaining third liners Lapierre and Pyatt at reasonable prices, which should be easy enough to accomplish. Pouliot could be a trickier negotiation, but if he's smart he'll sign before the dollars are dwindled away to first comers. Montreal has little need to retain Mara and the younger Kostitsyn's sad epilogue already seems written in the clouds.

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With Halak and Plekanec, Price, Moore, Pyatt, Lapierre and Pouliot identified as seven potential keepers, there is close to $15M in the kitty.

Now let's play some number games, with reasonable figures, keeping in mind that July 1 is the most unreasonable day on the NHL calendar, at that given this summer's free agent pool, there will still be a GM or five willing to lose their mind.

A reasonable offer to Plekanec over one, two or three years would be $4.5M per. Might happen, but likely won't. That said, he loves Montreal, so who knows?

One exceptional season and post season by a goaltender only three seasons into his career should not be worth the moon, but Halak's agent is Allan Walsh. With the goalie having arbitration rights, you could always guess that this will be the final scenario settled this summer, which would greatly complicate Gauthier's plans, no matter what they could be.

Again, is $4.5M per, reasonable for Halak? Other goalies who have done a little less are getting a little less, so it is comparative. Let's assume, as we may for Plekanec, that it works out.

Tally so far, $9M out of the $15M bucket, with $6M left to spread over five bodies.

Price's price, compared to Halak's, is tad trickier perhaps, as his value as an asset is apart from his fluctuating value as a goaltender behind Halak, which is where he would begin should both remain.

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(For the record, I'm totally buying into Gauthier's notion of intending to keep both goalies, unless, or until, an offer blows him out of the water.)

Why Price's offer is tricky, is that he cannot be lowballed for the sake of the Habs' needs. With goaltenders, one never knows for sure how things are to unfold. Price is an RFA today, but is two years from UFA status. He may return to number one status but tire of Montreal and all it is in that span. Anything less than $1.8M might be an insult.

As a difference maker on a team, depth wise, I think Moore is a good, solid investment, surely worth what is tendered to Price here. It is about as much as Moore has ever made, and he'd surely gobble it up, knowing how much he's enjoyed Montreal in his time here.

Now, with $3.6M subtracted, there is but $2.4M remaining on the table for Lapierre, Pyatt and Pouliot, RFA's each. Lapierre, the senior of the three with the club, coming off a so-so campaign, would not balk at $1.1M. Pouliot, a former first rounder traded prior to the term of his entry level contract has few arguments in his case. Last season, his contract called for $803K, so a slight raise to $900K would be fitting, for at least a season.

Pyatt made a little over $600K last season, earning every cent. He's due a good raise, which in his case could be $900K.

Trouble is, there is but $400K left on the books, after all these reasonable offers.

Of course, no is kidding no one, these seven scenarios will not unfold as billed. One, perhaps two, are destined to give Gauthier a few night sweats.

But wait, I purposely left a few not so minor details to the crunch line.

One, Maxwell and Pacioretty aren't yet proven NHLers. They would be filling some mighty holes if counted upon greatly next season, and no one, especially not Gauthier, is ready to wager.

That four hundred grand unfound for Pyatt, might well be made up in Markov's LTI dollars saved from maybe the first two or three weeks of the season. Then again, it cannot be counted upon, not at all.

Lastly, P.K. Subban's $875K hasn't been figured in.

Oh, oh! Could he be due bonuses?

You guys and gals can play around with these numbers at great length. I made them purposely reasonable in order to squelch out any true possibility that the Canadiens will retain all the valuable parts of last season's team.

The kicker is, that no matter which of these seven is not returned, the club is weakened somehow in that area. Not a good proposition after such an enlightening playoff run.

It gets more tense considering that a top six forward is where the Canadiens need upgrading the most, and that Andrei Kostitsyn is likely the most sacrificable option to stay under the cap. The trouble is, when he's on his game, he's exactly the type of player the Canadiens would be able to acquire in the off season.

Do Montreal have movable player options at Plan B?

Roman Hamrlik at $5.5M is a figurative albatrosss with a no movement clause. His age, or Spacek's (Plan C) offers little help.

The reality is, they will be decision made regarding the Canadiens very soon, that are bound to leave a nice chunk of the fanbase good and bummed.

 

Numbers courtesy of NHL numbers.com

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We can’t afford to pay $4.5m for a single goalie, especially one was untested as Halak.

Huet got $2.875m per year over 2 years after he won the Roger Crozier for the league’s top save percentage over half a year in 2005-06. That’s a reasonable comparable, but of course prices have gone up since then with the cap going from $45m in 2006-07 to today’s $58m or so.

But if his deal is closer to $4m than it is to $3m, I think we have to deal him. We do have Price after all, it’s not like our backs are up against the wall. Sign one of Marty Biron, Dan Ellis, or Antero Nittymaki in the offseason to compliment Price if it gets to that situation.

Having two good young goalies is a strength to the team. It’s not a bargaining chip for Halak… it works against him in signing in Montreal. If he wants out of Montreal, all he has to do is demand a salary in the $4m range or higher. There is no reason for Montreal to pay out that much for goaltending when the rest of the roster needs much more work. We’re re-signing ourselves to a worse team if we sign Halak to that kind of money, because our goaltending can’t possibly get any better than what it was last year.

Puck Worlds: Chasing Pucks from here to Turku.

For Twitter Updates on Puck Worlds, follow @puckworlds. For updates plus additional witty banter from yours truly, follow @saskhab.

by Bruce Peter on Jun 16, 2010 11:29 AM EDT reply actions  

Good points, but the argument can always be made that Halak was the best of allpost season goalies in 2010. If he had been ordinary, the Habs were done against Washington in five.

I don’t find Huet comparable works for me, being that he won the award on a half season’s work. He’s making ridiculous money now, and he’s yet to win a playoff round.

Halak has won two of three he’s had a hand in. There’s Walsh’s comparable.

If Halak signs for near to $3M, it’ll be one year deal with UFA status in 12 months.

by Robert L on Jun 16, 2010 11:48 AM EDT up reply actions  

“Good points, but the argument can always be made that Halak was the best of allpost season goalies in 2010.”

That’s still a very short streak. A goalie shouldn’t be paid 4.5M for essentially a streak of 14 games… especially not one where he was replaced for a game and pulled in two more.

There’s a very good case to be made that Halak should be traded this off-season even if his salary demands are reasonable, because Price is cheaper, going to be under contract for longer, and probably just about as capable in the long run while Halak’s trade value is as high as it’s ever going to get. If Halak’s agent starts making unreasonable demands — and 4.5 million is unreasonable, IMO — then the Habs should trade him rather than sign him.

by MathMan on Jun 16, 2010 11:54 AM EDT up reply actions  

This is always the risk you run when signing a player with unknown consistency. We saw the same thing with Plekanec last year. The multi-year deal we’re offering him this summer is surely more expensive than the one he would have accepted last summer. We’re more sure of him as a player now and we’re paying the price for that certainty.

So now we’ve got Halak and Price in a similar situation. We can make a long-term offer now and accept the risk of overpaying or the reward of underpaying or wait a while longer. Personally, I think either goalie is worth the risk, though Halak has certainly proven more than Price has. How many years would you be looking to sign Halak for?

by Joel H on Jun 16, 2010 12:40 PM EDT up reply actions  

It’s not a perfect comparable (I don’t think you’ll find one), but it’s certainly better than the pre-Cup winning J.S. Giguere type territory that $4.5m puts him at. Huet was also a pending UFA not a RFA, so he had more leverage.

Halak is actually 24 months away from UFA territory, not 12. Price is 48 months away.

Puck Worlds: Chasing Pucks from here to Turku.

For Twitter Updates on Puck Worlds, follow @puckworlds. For updates plus additional witty banter from yours truly, follow @saskhab.

by Bruce Peter on Jun 16, 2010 12:36 PM EDT up reply actions  

To me, the series against Philly demonstrated that, in order to contend for the Cup, we need more size (I know, how original) and more scoring. Unfortunately, we don’t have the cap space to add another top-6 scorer. For all the talk about trading one of our goalies for a Jeff Carter-type, it seems pretty clear that we wouldn’t be able to afford him, anyway. We can barely hang on to the players we had last year. And even if we do, we can’t very well expect to make it any deeper in the playoffs than we did this year.

So what to do? I know it’s very fashionable to blame Gomez, but there’s a reason for that. He’s making $8-million next season. If he disappeared from the team somehow, that’s certainly enough money to make a run at Kovalchuk/Marleau/[insert big-bodied scorer here].

Honestly, I would strongly consider trading Price/Halak for a lesser asset than he would normally bring, in exchange for the team taking Gomez off the books. Obviously nobody wants him at his salary, but there are teams out there in rebuilding mode who have cap space. Plus his salary drops to a more manageable $5.5-million in two years and then $4.5-million the following year. I just don’t think we have the cap room we need to take the team to the next level as long as his contract is weighing us down.

by Joel H on Jun 16, 2010 1:14 PM EDT reply actions  

I don’t think size was a major factor in the Philly series; it seemed to me the Habs’ inability to deal with the Flyers’ left wing lock combined with their luck simply running out were the real keys. Philly, after all, is a team whose scoring is heavily invested in smaller forwards such as Giroux and Briere, something that gets a little lost in the Broad Street Bullies mythos.

One way to get cap space for a scorer is to move money out of the blueline… With the rise of Subban it becomes conceivable that Hamrlik’s salary can be moved to make space. Hamrlik is a fine salary dump candidate as he remains a very useful and attractive player and frees up plenty of space. With his salary gone there’s room for an extra forward.

I don’t think the Habs should particularly want to trade Gomez. Way too much has been made of his salary, but he’s ultimately only overpaid by a couple of million — significant money, to be sure, but hardly the crippling anchor it’s being made out to be. Giving away assets to save this much money doesn’t seem like a very clever move, especially since the Habs absolutely cannot afford to weaken their center line and Gomez remains a top-line center.

Of course, if the Habs are going to pay Gomez 7 million plus a year, they should play a style that plays to his strength rather than hamstrings him. Gomez is a superior even-strength puck-possession player, which is a crucial skill, but that makes him perhaps the player most handicapped by the Habs’ passive puck-concession “defensive” system. Then again it’s pretty clear to me anyway that the Habs need to commit to a more controlling puck possession style if they want to make any progress at all. That, more than any number of personnel moves, is key to the Habs “getting to the next level”; if they’re not gonna do that, I contend that the impact of roster moves is going to be pretty insubstantial.

by MathMan on Jun 16, 2010 2:25 PM EDT up reply actions  

The problem was that Philly had quality defensive defencemen, something Montreal hadn’t experienced in the playoffs. And with only two players scoring reliably in the post-season, we got shut out in 3 of the 4 losses. Who’s going to score those goals next year that didn’t score them this year?

Gomez is a good player, to be sure. But he’s an overpaid second-line centre on a team that already has one. Certainly you wouldn’t want to lose him and not replace him. But I’d rather pay Marleau $8-million to play centre on the first line than Gomez.

by Joel H on Jun 16, 2010 4:43 PM EDT up reply actions  

Saying that Price would be insulted with anything under $1.8M is based on what? His 2010 salary was likely barely over $1M. He had a base salary of 850K, but he only met 2 of 9 bonuses, so $1.5M would be a 30% raise, hardly an insult for a season in which he was 7 games under .500.

Hamrlik is either bought out or traded. Anything else will cost you one of Pleks or Halak.

The smart move is sign Halak to $4M or less and keep both goaltenders and make sure that Halak can adjust to the smaller equipment and find out if Price’s first 70 games or his last 70 games were a mirage.

by Chris Boyle on Jun 16, 2010 8:34 PM EDT reply actions  

Saying that Price would be insulted with anything under $1.8M is based on what?

I would base that on his contribution and the Canadiens salary structure over the years.

Price is not your typical backup goalie with 3 seasons experience. He was the de-facto # 1 for most of that time, being unseated only this past February. In the recent past, most young players coming into their fourth season on the Habs, such as Higgins, Komisarek, Plekanec all received between 1.8 or 1.9.

If I were him, and the offer was 1.5, I’d be disapointed.

by Robert L on Jun 17, 2010 12:30 AM EDT reply actions  

Any cap budget must be based on a 23 man roster that also features a reserve fund of at least 1.5M to cover injuries, surprises and late season trades.

One of Gainey’s major mistakes was having some of his secondary players and subs earning more than a mil a year . We need more players who fit a small but specific role and come in at under $750000.

by 24 Cups on Jun 17, 2010 9:25 AM EDT reply actions  

Injuries don’t neccessarily cost a team additional money. Last season, the injuries to Markov, Gionta, and Cammalleri alone saved the Canadiens close to four million that they could use for callups. Such included signing MAB and calling up 16 different Bulldogs players during the season. Not one of those made over a million dollars. Quality depth costs quality money, but the Habs are levereged with expensive FA signings that compromise the team depth. As far as I could tell, the one mistake made was with Maxwell not being able to be returned to Hamilton because they forgot to include him on the available Bulldogs player list. That and having Laraque as a dead weight made the club a 21 man roster down the stretch.

by Robert L on Jun 17, 2010 10:15 AM EDT up reply actions  

Gauthier just solved the Halak-wants-4.5-million problem. ;)

by MathMan on Jun 17, 2010 4:01 PM EDT reply actions  

Man I am beside myself…this move was HORRENDOUS.

by Cruisin4aBruisin on Jun 17, 2010 4:22 PM EDT reply actions  

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