Is a Nicklas Backstrom Contract Extension Close?
by J.P. on Feb 1, 2010 9:08 AM EST
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PrintPer Aftonbladet, the Caps may be close to signing Nicklas Backstrom to a long-term deal that could be announced following the Olympic break.
The team knows that he will be a super star for many years to come and they want him signed throughout the rest of his career according to a source.
According to the article, the team is seeking a deal that would keep Nick in D.C. through 2020-2021, but Backstrom's agent is looking for a five-year deal (which certainly would seem like a sizable gap for something that's allegedly imminent).
A Caps official said the team has no comment on the report.
(h/t Ice Warrior on the tip and the translation)
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Probably, or maybe a touch less. The Toews/Kane and Semin contracts are pretty good comparables.
My ability to post is only surpassed by my ability to pinch pennies.
Agreed on Toews/Kane as comps, less so on Semin, in part because his is such a short term and also because his UFA years come much sooner.
Japers' Rink: Hockey blogging from the most powerful city in the world
Yeah, but there’s no good comp on a 10-12 year deal. Backstrom would be financially smart to go with a 5-year deal. He’ll be worth Crosby money by then.
Agreed that there’s no good 10+ year comp. Obviously the shorter deal would have higher potential earning upside for Nick, but a longer term would be much safer.
Japers' Rink: Hockey blogging from the most powerful city in the world
That might be the reason why the terms are off, but the contract is close? If the money’s right, perhaps Nick is weighing whether he wants to test the market when he turns 27.
Damn! Looks like my women is on time.
Maybe he’s weighing two deals – a 5-year and a looooong one, but is relatively happy with either. As I recall, AO’s monster deal was actually a 6-year deal they’d agreed to and then they said “why not add another 7 years?”
Japers' Rink: Hockey blogging from the most powerful city in the world
I get the feeling that the Caps REALLY would prefer the looooooong one. Ted talks about having built a team that can compete for the cup for the next decade as if Backstrom is already signed to that kind of term.
As I recall Ted saying, they signed Ovi to the deal, and then just did the extension to the deal at the same time.
Driver and head Muckety-Muck of The Pavel Kubina Bandwagon
I like your nurse's uniform, guy.
These are O.R. scrubs.
O.R. they?
Ron and Fez 11 to 3
by YvonLabresMoustache on Feb 1, 2010 10:11 AM EST up reply actions
Times like these that you hope and pray that the quality of the organization Ted has built translates into a “hometown discount” of sorts. Backstrom must surely know how lucky he is to be here in DC, not only because of his teammates, but also because of his coach, GM, owner, and everything else that shapes the team being top-notch. These mega-deals determine so much of the club’s future.
Backstrom would not be getting anywhere close to these points on, say, the Toronto Maple Leafs or New York Rangers.
"We take the shortest route to the puck and arrive in ill humor." - Bobby Clarke
Nor would he have such a dynamic player on his left. Or on his right (sometimes).
Ovechkin = Green Backs
by red army line on Feb 1, 2010 9:55 AM EST up reply actions
You don’t have one yet? Get with it!
My ability to post is only surpassed by my ability to pinch pennies.
Kronor!
Tom Brady is Sidney Crosby, except Tom Brady has felt the touch of a woman, and has his own house.
All the cool kids have gold ones.
My ability to post is only surpassed by my ability to pinch pennies.
Ä and Ö which are way cooler than A and O.
It is embarrassing when Swedes expose my very limited swedish.
we're not gonna allow someone like Downie to go after him.
Yeah. I had a Swede ask me if I was Swedish in Swedish a couple seasons ago and I had to tell her “No, sorry.” She seemed very disappointed.
My ability to post is only surpassed by my ability to pinch pennies.
Sounds like it made her a Blue Swede
Driver and head Muckety-Muck of The Pavel Kubina Bandwagon
I like your nurse's uniform, guy.
These are O.R. scrubs.
O.R. they?
Ron and Fez 11 to 3
by YvonLabresMoustache on Feb 1, 2010 10:12 AM EST up reply actions
Wonder if she was hooked on a feeling?
For every action, there is an equal and opposite criticism.
by Rather Bengt on Feb 1, 2010 10:24 AM EST up reply actions
Or just high on believing?
Driver and head Muckety-Muck of The Pavel Kubina Bandwagon
I like your nurse's uniform, guy.
These are O.R. scrubs.
O.R. they?
Ron and Fez 11 to 3
by YvonLabresMoustache on Feb 1, 2010 10:25 AM EST up reply actions
Someone is Germany asked me if I was Canadian. It was in English though.
Tom Brady is Sidney Crosby, except Tom Brady has felt the touch of a woman, and has his own house.
Most Italians thought I was English. And they would ask me, in Italian, if I was. If I said no, I’m American, they’d switch to English. So I just started lying.
Kung-fu Rink Rabbit
On Draper having to wear a USA jersey at practice: "well at least the Wings can settle bets without involving gold plated desert eagles!"
Same thing happened to me...
…last June in front of the Reichstag in Berlin. A few days later I went to Sweden without a map, guidebook, or any idea of knowledge of Sweden. However, some Swedes I met in Berlin taught me how to say hello (Hey) and thank you/please (Tak).
"Hey, atta dinnin stick a who!"
Don’t worry I got your back, you were just using an authentic Gävle dialect right?
This post is about Nicklas Bäckström and he pronounce it Tre Kroner ergo you got it right.
Right, that was it. My accent.
Jag prata lite svenska.
And I write even less.
we're not gonna allow someone like Downie to go after him.
By “jersey” do you mean “sweater”?
/snark
"If you want money go to the bank, if you want bread go to the bakery if you want goals go to the net." - #21
by snakegriffin on Feb 1, 2010 10:57 AM EST up reply actions
Is TooTallJeff too tall?
(Welcome, TTJ)
Atta dinnin stick a who!
by Gould Old Days on Feb 2, 2010 8:50 AM EST up reply actions
before this season started i thought $6.5, but yeah…$7.5mil per year seems more likely. ouch.
Semin is a Checkahhhh? Fleischmann is a Centahhhh?
by ns on Feb 1, 2010 9:34 AM EST up reply actions
Hey Caps front office:
Do eeeeeeeet. (Though not at the expense of our ability to add FA pieces in future seasons, of course).
I don’t see how or why you front load a contract for a player who’s going to be no more than 30 at the end of it. It’s not like he’s going to be bought out of it, barring some incredible career collapse.
"The Caps fan doesn't say, 'is the glass half full' or 'is the glass half empty'. He wonders when the glass is going to spill."
Agreed. Only reason would be so he’s more moveable in the out-years (i.e. his cap hit is higher than his salary, so he’s more dollar-affordable).
Japers' Rink: Hockey blogging from the most powerful city in the world
If the player is really savvy and bought into the time value of money concept, that could be another reason. But I doubt if that really makes too much difference to the average pro athlete.
"I'm glad I got drafted first, because no one remembers number two." -- Alexandre Daigle
Great minds. I’ve made that point before, but came to the same conclusion as you. Players probably don’t care much, but should. If you really want to keep your team together and open up cap space, that’s the way to do it, IMO. Of course, that requires owners that have the cash to do that and players that understand and are willing to do it. And finally, what agent is going to suggest that to his client?
Now let's say you and I go toe to toe on bird law and see who comes out the victor.
Does anyone else think that players should take a discount for being able to sign 10+ year deal considering it is a Guaranteed contract?
I go back and forth on that, but ultimately, it’s likely to be a discount at no matter the price. That’s if you believe that once the economy improves that NHL revenues will continue to improve and the cap will continue to go up. Ovechkin taking appoximately 9.5 million for 13 years was a gamble for both sides. He already took a little under the then-cap, and it’s already a good bit under the current cap. If the orgininal deal of six years had been made, in 2014 how much would he have been able to get?
"The Caps fan doesn't say, 'is the glass half full' or 'is the glass half empty'. He wonders when the glass is going to spill."
i say sign him for 30yrs for a total of $100M. front load it over the first 10 years. $3.3 million cap hit.
he seems like he take good care of himslef and swedes tend to live longer than most. he should be pretty good into his 40’s.
i think that would pass the CBA sniff test.
NO!!! he would be 50 and i don’t think you can use chelios as a excuse to sign someone to that kind of contract.
Missed the snark, I think.
Ovechkin = Green Backs
by red army line on Feb 1, 2010 9:57 AM EST up reply actions
of course we would buy him out at 45. he would be around to christen the new “Leonsis Center” which will be the new 30,000 seat arena home to the Caps, the Washington Goodguys Basketball team (formerly the wizards. name change in 2011) and Washington Attendance Champion Womens Basketball team. The arena will be built on an island in the middle of the potomac.
by dcsportsfan1 on Feb 1, 2010 10:05 AM EST up reply actions 2 recs
gonna make G’town go play in their on-campus 2,500 seat “arena”?
Kung-fu Rink Rabbit
On Draper having to wear a USA jersey at practice: "well at least the Wings can settle bets without involving gold plated desert eagles!"
Georgetown will play in the White House backyard, of course.
Game-Over Green? Canada-Over Carlson!
by Scott in Shaw on Feb 1, 2010 11:52 AM EST up reply actions
That’s the same deal Zetterberg got, right? Obviously the CBA sniff test includes provisions for the vitality of the swedes.
How blessed are we to have won the 2004 lottery to get Ovy, then 2 years later draft the perfect center for him, and they have become great friends to boot! Couldn’t write a better story. Could you imagine them facing eachother in the Gold Medal game in a couple weeks! Think Ovy will pull up on some hits???
Not sure how I feel about this. These super long-term deals make me nervous.
"Now wait a minute. This is just purely a social call. You know, just two adults getting a stew on, man."
by The Ghost of Bebop on Feb 1, 2010 10:56 AM EST reply actions
As long as they don’t have NMCs….! :)
by HeartbreakRidge on Feb 1, 2010 11:14 AM EST up reply actions
I think Baks is smart looking for a 5-6 year deal. That appears to be the Cup window in DC in many eyes. I’d argue it could be longer, but I think that is neither here nor there. It’s what he and his agent think. He’d be out of the deal just at the time his value would be at its peak assuming he continues to progress and doesn’t suffer any major injuries that impair his game long term.
"You ever use smelling salts, every time you type a bad blog?" Brooks Laich
Comps
Jonathan Toews, 21, is signed through 2015 at $6.3 million per year.
Anze Kopitar, 21, is signed through 2016 at an average salary of ~$7 million per year.
Paul Stastny, 23, is signed through 2014 at $6.6 million per year/
(all salary figures are from nhlnumbers.com)
Backie’s stats are better than all three of these guys by about 10-20%, so I think $7.5 million per year is perfectly reasonable. I’d like to see a 6-7 year deal at least.
As Teddy KGB said, “Pay him. Pay dat man heez money.”
Fact is, you could pay him Ovechkin money and I still don’t think you’re overpaying him. He’s simply incredible and only getting better.
by TFG on Feb 1, 2010 1:19 PM EST up reply actions
I think he would take a pretty sizable hometown discount
if the FO lays out to him a plan to resign jizz that requires him to leave some dough on the table. cause if im not mistaken backs is great friends with jizz also.
In honor of Nicky, I ordered a super sweet retro Sweden track jacket. I LOVE IT.
I have a C on my heart.
I think I’ve looked at the same one many times..
And now I can’t buy it because you will have it. THANKS A LOT!
My ability to post is only surpassed by my ability to pinch pennies.
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Florida
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|
Washington
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