That’s right! The twins are back, this time making $6.1 million a season. That can only mean one thing. Now Sedin bashers will be adding “overpaid” to the list of things they don’t like about the Sedins (also on the list? They’re Swedish, soft, too polite, boring, don’t produce in the playoffs, too slow, etc.). All the Sedins have done is disprove each one of those allegations one by one, which is why they are indeed worth $6.1 million. They didn’t come at a bargain basement price, but when you see the Montreal Canadiens trading for Scott Gomez, he of the $7.357 cap hit (for the next next five seasons!) and 58 points last season, it’s certainly a good deal for the Canucks.
Sedin news means we get to post this video:
Also moving on Wednesday was Mattias Ohlund, signing a ridiculous 7 year deal at $3.75 million per season with the Tampa Bay Lightning. Ohlund will be 39 by the time his contract runs out! Ohlund’s play has been declining steadily for the last few years. This deal has the potential to have him being overpaid grossly in the not too distant future.
So what about all of the other free agents moving on day 1 of the free agent madness? You can see the full list here. Often times you hear about “winners and losers” of trades or free agent signings, but it is more complex than that. Some deals like Mattias Ohlund’s contract with the Lightning will be beneficial to them in the short term, but will hurt them greatly long-term. Taking that into account, here are the biggest short and long term winners and losers in free agency so far:
Winners both long and short term. The Sedin twins were two of the most sought after free agents and Mike Gillis landed both of them. Their contracts are fair, so not a home run, but not a strikeout either. The length of contract (5 years) is vital as well. In 5 years they will still only be 33 years old, and shouldn’t have too much of a drop-off in their play. They lost Mattias Ohlund, but he was signed to ridiculous money in Tampa Bay and Gillis would have been crazy to match that. Jason Labarbera ended up in Phoenix, which will hurt, but when you have Luongo playing and making as much as he does, it’s hard to spend big money on a backup or promising significant playing time.
Big short term winners, long term losers. Chicago bolstered their lineup with the additions of Marian Hossa, John Madden and Tomas Kopecky. Hossa and Madden are upgrades over Havlat and Pahlsson, who each signed elsewhere, while Khabibulin signed with Edmonton and Matt Walker will be joining Matty-O in Tampa Bay. The reason they are long term losers is that Marian Hossa signed a 12 year deal! Combine this with the fact that Brian Campbell is locked up to ridiculous money until 2016, and they are going to have a terrible time trying to re-sign Patrick Kane, Jonathan Toews and Duncan Keith when all three become free agents next summer! Clearly, someone will have to be moved for it to happen.
Just what is Bob Gainey doing? The Habs are losers in both the short and long term. They signed a bunch of good, but not great, players to huge money on Wednesday. Cammalleri is going to make $6 million and Gionta $5 million. Add that to Scott Gomez’s $7.357 contract that they acquired on Tuesday, and that’s over $18 million spent on an average first line! They also lost Komisarek, their version of Willie Mitchell, who signed for reasonable money in Toronto ($4.5 million per season).
New York Rangers
I guess Marian Gaborik will have to rent out his Vancouver home? Great signing by the Rangers. He signed a 5 year deal in New York, which will be a bad deal when he’s injured and a great deal when he’s healthy. He’s bound to be healthy for at least a portion of that deal, and when that happens, the Rangers will be tough to deal with.
Big winners. Jay Bouwmeester was the prized defenceman of this year’s free agency. Calgary’s defence now consists of probably the best top 3 in the league with J-Bo joining Dion Phaneuf and Robyn Regehr.