Time to Poach Our Rivals
Offer sheets are dirty business in the NHL. The St. Louis Blues made it club policy back in the early 1990s, first poaching Scott Stevens from the Washington Capitals for five first round draft picks, then following it up the next summer by poaching Brenden Shanahan from the New Jersey Devils. That's pretty good policy: except Stevens ended up the compensation for the Shanahan poaching since the Blues did it without having the draft picks to compensate the Devils. The pre-lockout NHL saw major offer sheets handed to Joe Sakic (New York Rangers) and Sergei Fedorov (Carolina Hurricanes) that were matched by the player's original clubs.
Since the lockout, we've seen a few more managers use the offer sheet as the compensation has been lowered, but only one player moved via the offer sheet since then, being Dustin Penner to the Oilers from the cap-strapped Cup Champion Anaheim Ducks. Other players have signed offer sheets, like Ryan Kesler from the Flyers, David Backes to the Canucks (retaliated with Steve Bernier to the Blues), Thomas Vanek to the Oilers (before the Penner signing), Niklas Hjalmarsson to the Sharks (which may have led to Antti Niemi's arrival in San Jose), and the threat of offer sheets has led to the trading of Phil Kessel to the Leafs and Andrej Mezaros to the Lightning.
Doug Wilson came the closest to the usage of the offer sheet as a strategy to hamper your closest rival last summer with his Hjalmarsson offer sheet, forcing the Blackhawks to potentially give up one player due to committing extra money to their young, emerging top 4 D than they expected. This year, Pierre Gauthier is positioned to do the same thing to an Eastern Conference rival who has put themselves in a tight spot.
The Montreal Canadiens should try and screw over the Washington Capitals. They might even get a useful player or two out of it.
The Capitals have had an impressive off-season to date: they boast a legitimate Stanley Cup contending lineup and they've made themselves a bit better, but at significant cost. They've retained heart and soul 2nd line centre Brooks Laich at $4.5m per year, acquired former Blackhawks winger Troy Brouwer for a first round pick, fleeced Colorado GM Jay Sherman into giving a probable lottery pick in 2012 (a better top end draft than 2011 for sure) for Semyon Varlamov, and signed three strong defensive players in former Habs D Roman Hamrlik ($3.5m per for 2 years), C Jeff Halpern ($.85m for 1 year) and Nashville Predators playoff hero RW Joel Ward (a high $3m per, 4 year deal). As a final "I'm smarter than everyone else" type move, GM George McPhee signed top goaltender Tomas Vokoun to a one year, $1.5m contract.
All these moves have made the team better, more secure in their front runner status in the Conference, but they've also put the team up against the salary cap with two important RFA signings to go. Here's a quick look at their cap commitments (courtesy of CapGeek):
CAPGEEK.COM CAP CALCULATOR
FORWARDS
Alexander Ovechkin ($9.538m) / Nicklas Backstrom ($6.700m) / Alexander Semin ($6.700m)
Brooks Laich ($4.500m) / Joel Ward ($3.000m) / Eric Fehr ($2.200m)
Mike Knuble ($2.000m) / Jason Chimera ($1.875m) / Marcus Johansson ($0.900m)
Matt Hendricks ($0.825m) / Jeff Halpern ($0.825m) / D.J. King ($0.637m)
Jay Beagle ($0.512m)
DEFENSEMEN
Mike Green ($5.250m) / Dennis Wideman ($3.937m)
Roman Hamrlik ($3.500m) / Tom Poti ($2.875m)
Jeff Schultz ($2.750m) / John Erskine ($1.500m)
John Carlson ($0.845m)
GOALTENDERS
Tomas Vokoun ($1.500m) / Michal Neuvirth ($1.150m)
BUYOUTS: Tyler Sloan ($0.233m)
CAPGEEK.COM TOTALS (follow @capgeek on Twitter)
(these totals are compiled without the bonus cushion)
SALARY CAP: $64,300,000; CAP PAYROLL: $63,755,128; BONUSES: $0
CAP SPACE (22-man roster): $544,872
All of these players count towards their off-season cap total. Tom Poti is apparently in poor health, and is likely to not play next year, but during the off-season, there is no Long Term Injured Reserve. Teams may exceed the salary cap by up to 10% of the ceiling during the off-season, but must be compliant by the end of the NHL pre-season. This means Washington can commit up to $70,730,000.00 in cap allocations over the offseason at any given moment.
And I think Pierre Gauthier should put them as close to that number as possible, and force a tough, and potentially hasty and misguided move for George McPhee.
Let's send a dual offer sheet the way of Karl Alzner and Troy Brouwer. IMMEDIATELY.
Here's how this works: in order to make an offer sheet, you must have all of your own draft picks in order to properly compensate the team who currently holds the RFA's rights. The Canadiens currently hold each of their future 1st round, 2nd round, and 3rd round picks: these are the only picks that matter for this scenario. The Habs currently also have the cap space, but in order to avoid retaliation, it might be good to take Josh Gorges to arbitration ASAP.
Using the figures provided in the Copper and Blue article linked to above, offer the following contracts:
- Karl Alzner, 1-4 years, $4.7m per season
- Troy Brouwer, 1-3 years, $3.1m
Compensation to the Capitals for Alzner would be our 1st and 3rd round picks in 2012. Compensation for Brouwer would be our 2nd rounder in 2012. Brouwer might appreciate the 200% raise after scoring 39 goals the past two regular seasons for a team that he is no longer a part of. Since he has no apparent loyalty to the great city of Washington, this one seems completely within reason. They should do this soon, as Brouwer is eligible for team elected arbitration, which would make an offer sheet impossible.
Alzner might be a bit trickier. He's the one Washington is more likely to match. He's a former lottery pick who has worked himself up to being the 'quiet partner' of John Carlson, in what is emerging as a potentially dominant defensive pairing in the NHL. I'm not entirely sure he'd give up on Washington as easily, but it's worth a try. At a rate that would make him Washington or Montreal's 2nd highest paid blueliner, I think it'll be tempting. Alzner is not eligible for arbitration.
I think either player would work on a multi-year deal, but I'll leave the level of commitment up to Gauthier.
Even if only one of the players signs the offer sheet, it'll be a success: either the Habs get a good young player who can fit into the roster or they make Washington squirm a little more to get a Cup-worthy roster ready for opening night.
Best of all, adding either player would make our own Cup aspirations more tangible. These are players that could help us next year and in the future. And if Washington realizes this (remember, they traded a late 1st for Brouwer, and would only be receiving a mid to late 2nd for him as compensation 3 weeks later) and has to make a hasty dump of a player like Erik Fehr or Jeff Schultz, well... we've made them weaker and helped our chances a little bit as a result.
That being said, if successful, it might be wise to start working on those contract extensions for Carey Price and P.K. Subban for 2012-13 and beyond...
37 comments
|
1 recs |
Do you like this story?
Comments
or we dump gomez and offer to stamkos...
any way, we would need to clear spacek’s contract and we should probably do it before making our offer sheets, since apparently GMs don’t like that stuff (or, they needed an excuse to hate brian burke…)
Heh. I was looking at Washington’s cap situation last night.
I like the idea of trying to get Alzner but Washington will certainly match the offer.. It looks like they have a lot of players they can dump if they want to (Poti, Erksine, Chimera) and with some teams still under the salary floor that shouldn’t be too difficult for them to pull off. I’d send an inquiry to Alzner’s agent to see if he’s interested in signing, but I don’t see Washington letting him go.
As for Brouwer… I think he’d be a nice addition for the 3rd-line but at this point in time I would rather the Habs look at the unrestricted free agents left. There are still a few quality guys available (Miettinen, Zherdev, Bergfors) who can probably fill that role well enough for at least next season and I don’t see them coming in at more than $3 million either. Maybe I’m looking at things wrong and Brouwer is clearly better than the UFA trio.
As an aside, is it just me or is Hamrlik a bit of an unnecessary luxury for Washington? Green, Wideman, Alzner, and Carlson all seem, to me, to be top-4 defensemen at this point. Giving Hamrlik a 2-year contract when they’re so close to the cap right now is puzzling to me. We all know he’s still a good defenseman and will help Washington out, but I would have put the rest of my house in order before looking for luxury players to fill out the lineup.
I never understood the taboo surrounding RFA offer sheets and I really hope they get used more often. When used properly it is a brilliant bit of strategy.
If they were to use this tactic and lay down an offer sheet, i’d hope it would be for Stamkos. Tampa has 9 forwards under contract (according to capgeek) and Stamkos isn’t signed yet. If Gauthier tosses him a 7.5 million dollar offer sheet that’s 2 1sts, a second and a third in compensation. Not an unreasonable price to pay for a team that is in ‘win now’ mode. At best it’s a signing of a top 10 player in the league. At worst, Tampa gets uncomfortable with their cap situation especially if it’s a long term contract at that hit.
Teams want to be able to deal with those aggrieved GMs in the future and don’t want their hands forced when attempting to sign their own RFAs.
A team that has its RFA poached will have a LONG memory and attempt to poach all RFA’s in years to come.
by BobbyOrrsBastard on Jul 4, 2011 4:06 PM EDT up reply actions
Stamkos instead
make an offer on Stamkos and then move Gomez one way or another, if necessary … even if TB matches, nobody can blame PG for going strong after 1 of the game’s best players. Adding Alzner or Brouwer doesn’t really move the needle that much for the Habs’ Cup aspirations, you incur the wrath of the other GMs, you over-pay for middling talent, and you still have the Gomez $7.4mm cap hit for another 3 years
Also, Habs can probably find player equal to Alzner or Brouwer by trade using just 1 of the picks they’d give up using the Offer Sheet route
Any offer for Stamkos would be matched. There’s no upside to offer-sheeting him
by Stephan Cooper on Jul 3, 2011 3:20 PM EDT up reply actions
and what's the downside?
Yzerman will start calling PG names in the press?
This afternoon’s WTFery, Havlet for Heatley.
Oh and Toronto get Lombardi and Franson for essentially nothing.
I don’t know what to think of the Havlat/Heatley trade. On Twitter Kent Wilson says it’s a win for San Jose and he’ll have more detailed analysis written tomorrow.
The Franson deal is very good for Toronto… taking a chance on a young player for basically cash though Franson has played easy minutes in his first 140 NHL games which I guess is to be expected from your typical young player… I’m spoiled by Subban.
Smartest move Toronto has done in years. Franson for nothing and maybe Lombardi plays the year after next season for them on a reasonable deal.
I’m pretty sure Heatley is the better player but Havlat is more cap efficent. Heatley does seem to burn down bridges though.
Frankly, I thought that the Wild should just rebuild after trading Burns, they don’t have much that isn’t replaceable beyond Koivu and little hope of being relevant or even playoff bound with the guys they do have. Kind of like Edmonton a few years ago.
by Stephan Cooper on Jul 3, 2011 11:15 PM EDT up reply actions
I don’t know yet, must check behindthenet to know what to think ;).
Seems almost like an addition to the Burns deal after the fact.
by Stephan Cooper on Jul 4, 2011 12:45 AM EDT up reply actions
Both have been huge ES producers at times but both have had their best years with other elite talent as far as counting stats go.
Havlat looks better by the rate stats though.
Heatley had a pretty unproductive year 1.55 P/60 ES isn’t impressive.
San Jose also have other guys that can play power play so even if Havlat doesn’t work out there its not a big loss.
Havlat has good possession numbers from last year but was screwed on goaltending and ended up a minus. Played weak comps however.
Heatley played relatively tough comps with his head above water but lots of help. Decent corsi, poor RelCorsi. Lower production.
by Stephan Cooper on Jul 4, 2011 1:05 AM EDT up reply actions
Stamkos
buzz at the end of the day has the usual suspects going to TB looking to trade vs Offer Sheet if Stamkos “doesn’t actually want to sign in TB” – not sure that any of those teams (TO, Philly, Chi, Bos) have more to offer in trade than the Habs, who also can create the cap space … my guess, Stamkos signs (somewhere) for 4-5 yrs at avg of $8.5MM per within the next 5 days
Why not Montreal?
They drum up media noise about big RFAs every year and none of them ever change teams. Penner was the only one and he wasn’t in that class.
by MathMan on Jul 4, 2011 8:35 AM EDT via mobile up reply actions
It’s always these more mid-range guys that are more likely to get signed. Probably because they aren’t expecting huge raises and are blown away by their value to another organization.
39 goals for Brouwer the past two years in a 2nd/3rd line role is pretty valuable. I think on the open market he’d command at least around 2.5m per, so 3.1m per is a common Montreal overpayment valuation (the high taxes).
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.
the mid level guys
that’s why Burkie went crazy back in the day, because Penner was a 2nd/3rd line player with “potential” and Lowe’s offer had implications for the value of ANA’s top-line players that Burke planned to keep – Getzlaf & Perry. I too doubt that Stamkos moves, but a player like that is worth the cost and wrath of other GMs … and he should be highly paid.
NY Rangers also suseptable to "poaching"
The Rangers still have lots of money to spend but also have several FAs yet to be signed. I’m certain that Ryan Callahan will be their top priority but that could leave the Rangers open to poaching towards the likes of Dubinsky, Asminov and Brian Boyle.
Dubinsky and Boyle are still young players that may be better offensively than they’ve shown to date due to the Rangers defense first system.
Perhaps someone that is better reading between the numbers than me can offer an opinion as to how vulnerable the Rangers really are.
NYR has more than enough cap room.
Red Line Station and @RedArmyLine, featuring coverage of the most frustrating team in the NHL
To help with basic Timeonice functions.
If I reference a lot of stats, just assume I haven't seen anything to contradict or invalidate them.
by red army line on Jul 4, 2011 10:34 AM EDT up reply actions
sure ok.....
that might work except you’re under the assumption these players would accept your contract proposals. Now we don’t know Troy B that much and he really has no comittment expectations to our team but when he was interviewed he expressed his great desire to be in DC and sign a contract also explaining his understanding of his role to play and what is expected. now Alzner was drafted by us, Washington, and he has gone through our AHL development and worked hard to earn a spot on the Caps, he earned it last year and was rewarded tremendously by being paired with Carlson and going head to head with opponents top lines and seeing significant minutes. also you overlook the fact Alzner and Carlson are best friends and are nearly inseparable which makes me believe with all the things he has going for him in DC he wouldn’t jump ship so easily just for money. so although it’s a nice idea in theory and sounds like the perfect sabotage plan you’re going to have to chalk it up to a pipe dream cause it’s not happening.
Go Caps!!!!
by Margaret McGuire on Jul 4, 2011 11:17 AM EDT reply actions
It is true that a player doesn’t have to sign an offer sheet. But I’d be willing to give it a try.
Vanek said when Buffalo matched his offer sheet he cried tears of joy. I’m not entirely sure what that meant, but obviously most players don’t want to leave a good situation but a truckload of money is tough to turn down.
I wouldn’t expect to poach Alzner… if he signed that deal I think the Caps match. But that’s a mission accomplished anyways. If Alzner uses the offer sheet as leverage in a deal with the Caps (therefore signing at a higher rate) then this also accomplishes the goal. The issue here is that a rival team is up against the cap and has two attractive RFA’s. The Habs have the money and the picks to do this. I think they should go for it.
However, if Alzner was poached, I’d be more than willing to go forward with him in our top 4 than Josh Gorges. But I doubt the Caps could poach Gorges without dealing a good player themselves, so I’m not too concerned about that.
Thanks for commenting here. I read a bunch of comments over at JR and was disappointed more wasn’t posted here.
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.
Cole Contract
Per Brian La Rose of Habsworld…
2011-12: $3m salary, $3m signing bonus
2012-13: $2m salary, $2m signing bonus
2013-14 and 2014-15: $2m salary per.
NTC throughout the deal. Essentially he’ll get $8m of his $14m deal in 12 months. Buyout friendly tail to the deal.
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.
As far as the cap goes, backloading is more cap friendly than front loading.
Back loading is trade to poor team or send to Hamilton friendly.
by Stephan Cooper on Jul 4, 2011 12:59 PM EDT up reply actions
Fair point. Also important to note it’s a NTC, not a NMC, so Hamilton demotion is an option.
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.
Erg, I meant backloading is more buyout friendly than front loading.
by Stephan Cooper on Jul 4, 2011 1:14 PM EDT up reply actions
Trotter signing official
Back from Riga, but with a two-way deal not the one-way deal they were claiming in Latvia last month.
Still, at this point, have to think he’s on the team. He and Desharnais were incredible together in the A in 2009-10, and after a tough start as a KHL 3rd liner, he worked his way up to the top line by playoff time and finished strong. The Pyatt non-qualification should give him a roster spot, though Engqvist could force his way onto the roster playing C with Eller out to start the 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.
Is Montreal ready to see Washington make an offer to future RFAs Subban and Price?
Because I guarantee that would be the response Washington would have to Brouwer or Alzner being ‘stolen’
by BobbyOrrsBastard on Jul 4, 2011 4:05 PM EDT reply actions
That’s why I added the final sentence in the article. Best to start negotiating with them now.
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.
I’m not sure why more agents don’t seek out offer sheets, or why we don’t hear about that. They are designed to be leverage for RFAs who are, ultimately, free agents. Seems to me that if an agent is not using this tool he is failing his fiduciary responsibility to his client, of course barring explicit orders not to do that.
There are some flaws here...
1) First of all, the Salary Cap will only count for the 22 or 23 players who are on the active roster by the season opener. I am 100% sure that Tom Poti and his $2.875M hit as well as DJ King and his (albeit small) $600K or so hit will not be on the roster. Poti’s injury is devastating, and at age 35 he doesn’t heal as fast as he used to. Complicating that process is the fact that Poti is allergic to just about everything, so there are medical treatments that might be able to help him that he cannot do because of his allergies.
2) There is also the distinct possibility that Fehr begins the season on the IR as well, since he is coming off surgery to his shoulders. They expect he might be ready for training camp, but he also might not be. If not, his salary also goes to LTIR.
3) The Caps can go to just over 70M before opening night, and I suspect they will, and they will be able to drop the needed $$ to get under the cap with room to spare.
4) It is very likely there will be another move made by the Caps between now and training camp to trim the roster a bit. Having Brouwer and Ward makes a player like Chimera a bit redundant. He might be moved for prospects.
The Caps are very unlikely to lose any players from their roster other than on their own terms, much like the Habs won’t either.
Winnipeg? Winnipeg??? Oy! (And now it's official...)
There is no roster limit on the offseason, Mike. I’m talking off-season roster and cap hit here. You can have 24 cap counters during the offseason, much like you can have 24 cap counters to start the NHL season. There is no off-season LTIR.
My two contract proposals would put the Caps over even the $70M cap figure for the off-season total. I accounted for all of that. Signing both players without trading another player would be impossible for the Caps. The two contracts in addition to the 22 other deals plus the Sloan buyout (all provided above) put the Caps over $71.5m. These two proposals would force Washington to make a trade or allow one of the players to go to Montreal.
All of this was explained in the article. The start of the season doesn’t matter: it’s just the 7 day deadline from when the offer sheets are signed that the Caps have to get everything in order.
The Caps may very well move Chimera for prospects. But given a deadline of 7 days instead of the whole offseason, could they make the best trade they could? The whole point of this is to either try and get one of these players, or make Washington’s cap situation more problematic than it already is, like Chicago 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.
I’m always amazed how fans/media/GMs react in regards to RFA’s.
Like what you described is illegal or foul play even though it is in the rulebook and is a totally legal move. A GM can fleece another GM in a trade and still maintain a relationship, but sign one of his RFA’s and look out.
Then we watch as GMs work against the system by signing RFA’s to huge deals at 21 and then complain when somebody signs their RFA as “escalating salaries”. They want their cake and eat it too.

by 
















