Archive for July 2008

Retribution

July 9, 2008

St. Louis signed the newly acquired Canuck, Steve Bernier, to a one year, 2.5 million dollar deal.  Less than a week after he was obtained via trade from the Buffalo Sabres for a 2nd and 3rd round pick. 

Clearly the Blues didn’t think that the Canucks would not accept the offer sheet and take a single 2nd round pick in return after just giving up more than that to obtain him.

I think this was a little childish from the St. Louis Blues organization.  I can’t even see John Davidson wanting to do this.  He’s too classy for a move like this.  Look at how swiftly he accepted the offer sheet given to David Backes despite pressure from other GM’s to make Gillis wait out the full 7 days.

Seems like an ownership battle to me.

The Chief Canuck

The Rising Cap

July 7, 2008

I have a hard time underestanding why the public is SO overly concerned about the rising cap in the NHL.  I hear no complaints from NHL teams, despite the fact the floor is now as high as the Cap was 4 years ago.

Want to know why?

More Revenue and Profit Sharing.  Think about this.  A cap of 40M per team, with a 30 team league, along with a salary spend of 54% of total revenue, equals about (40M * 30 teams / .54) 2.2 Billion in Annual Revenue.  If the Cap is now 54.7M, then the League’s Revenues would be (56.7M * 30 teams / .54) 3.15 Billion.

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A New Direction?

July 2, 2008

Signings to date – July 2nd

Curtis Sanford – Resigned 1 year; 700K?
Darcy Hordichuk – 3 years; 750K/season
Ryan Johnson – 2 years; 1.15m/season
Kyle Wellwood – 1 year; 977K

Darcy, Ryan, & Kyle essentially replace Byron Ritchie, Brad Isbister, & Trevor Linden in the bottom six forwards.  With Wellwood, there is definitely a skill level upgrade there.  But this isn’t what Gillis had in mind when stating the team needed to make bold moves.

Mats Sundin offer of 2 years at 10m per season is BOLD.  But it has so far failed to bring him to the West Coast.  At this point, I don’t think Mats is going to make it out here, despite the bold offer.

The 3 year offer sheet for David Backes was also very bold.  They took a player that was making just over 650K per season and offered him 3 years at 2.5m.  And they were calculated in picking a team and a position that they felt would have to think hard about whether or not they want to accept this contract.  St. Louis didn’t even blink before filing papers with the league to keep him a member of their hockey club. 

So far bold has gotten this hockey club absolutely nothing.  My question is, what other tricks do you have up your sleeve Mr. Gillis.  I’m still waiting for a new direction.

The Chief Canuck