Too often owners fail to practice good economic sense.
Once they start bidding against each other, common sense flies out the window.
SJ reportedly offered Tavares $13m per. Not sour grapes to say this ppg player is not worth $13m per.
I've had this internal debate many times. The 13 mil seems steep for JT. However, say a team does sign someone like him for that number (2-3 million "overpayment), is it really that bad? Since most GMs can't help themselves spend irresponsibly, maybe this would mean not re-signing a Clutterbuck, Cizikas, Martin, or signing a Komarov.
The idea of overpaying a true star is a lot less frightening to me. The whole point of not overspending is that so you can spend money improving your roster in other places. However, this doesn't happen often. Instead teams overspend for bottom 6/third pairing players instead of giving cheaper and younger players a longer leash.
Bottom line is that stars and superstars win games and championships. Ovechkin, Backstrom, Crosby, Malkin, Toews, Kane, etc. Yes, Vegas made a run with a group of nobodies, but a lot of that was due to Fleury getting hot at the right time.
The Leafs are currently building towards that model: paying stars like stars and not overpaying depth players. This is a much better formula for long-term success. They will have the money to re-sign Mathews, Marner, Nylander, and will have room to add because they haven't practiced fiscal irresponsibility with depth players thus far. They did with Lou though. That reflects poorly for us.
Lee is a good player but will age poorly I believe. Once he is on the wrong side of 30, whatever contract he gets will not look good at all. That would be a worthy pill to swallow if we did not have so much cap space tied up in 4th liners for term. But we do unfortunately. I'd trade Lee at the deadline so we can get younger and cheaper to solidify our core of Clutterbuck, Cizikas, Martin, Komarov (combined 12.35 mil cap hit). So while JTs potential cap hit for 13 mil may seem steep, ask yourself if you'd be willing to shed all those contracts to sign him. The Isles overspend poorly.