Tuesday, October 27, 2009
One area where the NHL trumps the NFL
On Monday, October 19th the Patriots released LB Tully Banta-Cain, the team leader in sacks who was making only $620K on his one-year deal. There was no reason given for the surprise release and all media outlets were dumbfounded by the move and struggled to explain any possible motivation. The following day, Banta-Cain re-signed with the Patriots for more money and more years and the best explanation ESPN could come up with was essentially a best guess and nothing definite. They THINK it was due to the player being signed to a cap-friendly contract type that could not be altered until its conclusion, and thus the release was necessary to get an extension.
The same week, the Bruins lost Marc Savard, their first line center and leading scorer, for 4 to 6 weeks to a broken foot. For a team that was pushing up against the cap, such an injury has major cap implications as replacements must be called up or signed. Curious as to the cap ramification of placing Savard on the LTIR, I took it upon myself to examine their current cap situation and determine just what impact Savard would have upon it going forwards. It took me 3-4 hours of slacking at work to work out the cap situations well enough to come up with the financial impact mentioned in my previous post.
In other words, the media 'insiders' required over 24 hours to analyze the Banta-Cain move and come up with the possible reasoning for it... if an embedded reporter needs that much time, what hope does the average fan have of understanding the complexities of the NFL salary cap? Meanwhile, an average NHL fan was able to determine just what impact a major move would have upon the teams salary cap after just 3-4 hours. It took me, the average fan, 20% less time to learn the ins and outs of the NHL's cap in my spare time than it took for a veteran, knowledgeable reporter to determine the motivation behind one simple NFL move.
In the NFL, only the extremely passionate and intelligent fans have a chance at understanding the intricacies of the financial side of the game. This can definitely be a turn-off for the average fan as FA and trade discussions will always remain incomplete. The NHL fosters their fans interest in organizations and their possibilities by making their financial structure so accessible and simplified. In my mind, that is a major win for the NHL as it will only serve to strengthen an already loyal fanbase.
Thursday, October 22, 2009
Chicken Little Brigade
Now I am not trying to say the loss of Savard and Lucic is nothing... it will definitely have an impact on the Bruins game. However, I choose to look at the positive aspects of this situation of which there are thankfully plenty.
1 - Timing
Would you rather the Bruins lost Savard in October or in March? Early in the year troubles can be overcome, often with relative ease... just look at the Penguins of last season. They were out of the playoffs in the 10-spot as late as February 28th! So why worry so about early points? The Bruins don't need to lead the Northeast from wire to wire again... they just have to stay in the running until they get back to full health. After all, playoff performance is all that should truly matter.
2 - Opportunities
Let the kids see the ice. Sobotka has been bouncing between Providence and Boston for two years now... its about time the Bruins find out what they really have in him. Is he an AHL all-star who can't cut it in the NHL as his performance would suggest thus far or is he a legit NHL player? No way of finding out until he sees regular icetime and now is as good a time as ever for that to happen. This also gives Boston an opportunity to get Brad Marchand some invaluable experience... in his debut last night he definitely looked like he belonged. Played with no fear or nerves for 15 minutes, including 1:45 on the PK and earned his first career assist. Very promising debut for Boston's 2006 third round selection.
3 - Motivation
With a player of Savard's caliber absent, the rest of the team knows it has to step up to fill that void. All 13 forwards on that roster now feel the need to up their game and help cover for Savard's lost production, none moreso than Patrice Bergeron and David Krejci. Bergeron has been looking more and more like the player Boston signed to a hefty contract in 2006 and has been one of Boston's best thus far. If Patrice can carry more of the load offensively and return to his 70-point game Boston becomes that much more dangerous a team.
4 - Financial
After the trade for Paille and Lucic's injury, Boston's daily cap hit fell $4.4K shy of the upper limit which prorates to $850K (Lucic's cap hit). In other words, Boston was right up to the cap and had little wiggle room. With Savard being replaced by Whitfield, Boston's daily cap hit falls $28,180 below the limit (Savard's daily pay) for a daily saving of ~$24K. If the roster remains static for the duration of Savard's time on LTIR, the Bruins will see the following savings against the cap:
30 days - $737K*
45 days - $1.093M*
60 days - $1.450M*
So before any more fans foolishly join the Chicken Little Brigade, maybe they should think about the potential long-term benefits from this situation. Boston will have additional cap space, more experienced depth players and stronger, more resilient personnel... all crucial elements for a long playoff run!
I should add, after seeing Paille play last night I am very pleased with the outcome of the Paille/Kobasew trades. It was Paille's hard-work and willingness to get dirty in the corners and behind the net that allowed Begin to score the game-winner last night. Boston improved draft picks while lowering their cap with minimal on-ice impact. Don't believe me? Then check out this objective analysis. Oh, and let's not forget that Chuckie was a UFA while Paille is an RFA.
*Note: This is based on my understanding of the LTIR's impact on cap space per the NHL's CBA. By no means should this be taken as being gospel truth.
Monday, April 6, 2009
Did Chiarelli screw the pooch?
The reason I say Chiarelli screwed up is not in the signing itself... the merits of which are definitely debatable but can easily be defended. No, my issue is with his apparent misinterpretation of the CBA. This quote is taken from the Bruins Blog Friday afternoon:
Now we are clearly led to believe by SOMEONE in the front office that the timing of this extension is key and provides the Bruins with some insurance against struggles and/or retirement. However, this is NOT the case as was pointed out by Larry Brooks and James Mirtle via Stanley Cup of Chowder. Curious as to what the disconnect was, I attempted to find answers in the CBA... no easy task for those unfamiliar with legalese such as myself. Here is what I found (transcribed from the CBA):According to a source in the Bruins front office, part of what was driving the club to get the deal done now is that fact that Thomas will turn 35 years old on April 15.
When a player signs a new deal after his 35th birthday, per the collective bargaining agreement (CBA), although he can be bought out (at a two-thirds reduction in pay), his cap number can not be deleted from the club's salary commitments.
For next year, and for either two or three more years, Thomas will be on Boston's books for some $5 million a year. But because he has signed the deal before age 35, the Bruins have the safeguard -- that they would want to execute it -- to be able to buy him out at any time, cut their dollar commitment by one-third, and be able to spread the payments over twice the remaining term of the deal. It is a significant safeguard.
Actual Club Salary shall be calculated as follows:The 'league year' in question is 2009 as the extension goes into effect next season. Therefore, the signing counts as 35+ and his cap-hit can NOT be affected by retirement. Only way to lose the 5M cap-hit is via trade or the ever-unappetizing buyout.
All player salary and bonuses earned in a league year by a player who is in the second or later year of a multi-year standard contract which was signed when the players was age 35 or older (as of June 30 prior to the league year in which the contract is to be effective)...
Now someone in the front-office was KPD's source and they clearly do not understand how the CBA works. My question is this... was this information allowed out to make the signing look better or was it a mis-interpretation by Chiarelli? Unfortunately, there is no positive answer for this... the former means Chiarelli (responsible for the front-office) lied to the fans... the latter means Chiarelli doesn't comprehend the CBA. Simply put, no good.