thecomicbookguy
Nobody.
Re: 2010 NHL Off-Season: Sather is a dink
So, basically, the Devils want to pay Kovalchuk a bunch of money, but don't want a big cap hit. So, they give him a looooong, mega-front-loaded contract and then don't expect him to be playing at the end of it, so the money at the end is almost nil (relatively), as it doesn't make sense to give a retired hockey player $6 million/year?
Other teams have done the same thing, but the payouts at the end are higher, so it's not quite as obvious?
And the Garth Snow just REALLY wanted RickyDP for 15 years.
(I'm kind of a n00b when it comes to NHL contracts.)
Ricky gets 4.5 every year. It is that bad. This one probably got the axe because it takes him to 44, and the last 6 years are at the current minimum. (which by 2021 will probably be too low) Kovalchuk would get 2.75 for the last 5 years. Hossa will get $8 million, Luongo over 13 million. At least the last two pretend like they'd still be around.
So, basically, the Devils want to pay Kovalchuk a bunch of money, but don't want a big cap hit. So, they give him a looooong, mega-front-loaded contract and then don't expect him to be playing at the end of it, so the money at the end is almost nil (relatively), as it doesn't make sense to give a retired hockey player $6 million/year?
Other teams have done the same thing, but the payouts at the end are higher, so it's not quite as obvious?
And the Garth Snow just REALLY wanted RickyDP for 15 years.
(I'm kind of a n00b when it comes to NHL contracts.)