Toggle sidebar

Cap Space

  • Work is still on-going to rebuild the site styling and features. Please report any issues you may experience so we can look into it. Click Here for Updates

Should we use our cap space to sign/overpay players on short term contracts (3-4 yrs)

  • Total voters
    40

Rusty Batch

Registered User
Sep 22, 2010
987
521
Kings will have a lot of cap space over the next few years. They will also have a large number of players on ELC's, who are typically the most valuable players in the league in terms of outperforming their contracts.

There is a lot of creative ways we can spend this cap space. But mostly my strategy revolves around overpaying high level players on short term contracts. I definitely don't want to get locked in to long term contracts when we will have young players to resign in 3 or 4 years. But I don't mind paying someone like Pietrangelo 12-14 mil per for 3 years, because that money will just go unused if we don't.

So what's your thoughts? Turn this period of time, when we will have players drastically outperforming their contracts into a cup window. Or be mediocre for a year or two and grab a couple more mid first round picks?
Click to read more...
 
Last edited:
does AEG want to take on real dollars in the wake of them losing all this money on covid? i think there's enough "veteran leadership" here for a couple years of middling performance while the kids work through

that said, there might be teams desperate to shed real dollars that might make for an opportunity to snatch up another pick or two in exchange for some of those dollars

i think the team's in a good position to just stay the course and hope last season's late trends continue
 
  • Like
Reactions: yankeeking and Rorschach
I don't think their will be many 3-4 year deals, mostly short & really long deals, guys like Hall, Pietrangelo and Krug could all get 7 year deals, but many others will be best served signing 1 or 2 year deals.
 
I'm not sure this is the time to turn up the heat, because while we've replenished the cabinets, look around--we've got a generational superstar and several superstars in our division entering their production primes and getting ready for the changing of the guard.

It's a tough crossroads though for sure. I like the idea of Pietrangelo because we suddenly have a MONSTER d-core to go with everything else emerging.

In the end though AEG is hurting, and already paying a lot of people to not work for them.
 
  • Like
Reactions: Rumpelstiltskin
Cap for extra firsts and seconds, especially for contracts that are big hits but not big dollar. Some cap for one or two key long term LHDs.

No need to overspend ourselves with real $$.
 
I worry that we will make the mistakes of Toronto when they had Marner, Matthews, Nylander, Johnsson, and Kapanenen. All on ELC's for years. But weren't able to take advantage of it due to not having high level vets in the right spots. Then in the last year of that ELC cup window they panicked and spent a ton of money on a long term contract in Tavares. Which just put them in a bad spot financially and set the market for their young players.

We have a better situation here in that we have Kopitar and Doughty who play a winning game but will be off the books around the time we start re-signing our young players. And we have the cap space to put some good vets around our youth during this period of time that might easily be a great chance at a new cup window.
 
KopitarFAN said:
I don't think their will be many 3-4 year deals, mostly short & really long deals, guys like Hall, Pietrangelo and Krug could all get 7 year deals, but many others will be best served signing 1 or 2 year deals.
Click to expand...
I think they will if you overpay them. If your Pietrangelo and can sign an 8 yr deal for 9 mil per. Or a 3 yr deal for 14 mil per. Which do you take?

Some other names to consider would be Taylor Hall or Torey Krug.

Or one of my favorite all in options is Matthew Barzal who we could get if we wanted to.
 
This little piece of news isn't getting enough talk around here:
NHL/NHLPA talks on CBA include escrow cap, salary deferral for players - Sportsnet.ca
"As part of the agreement, the salary cap will be kept close to the current $81.5 million for the next three seasons. There is potential for it to go up $1 million in 2022-23."
Click to expand...

That's kind of unfortunate for LA. The idea with the Kopitar/Doughty contracts is that they would take up a smaller and smaller percentage of the cap with each passing year. Now that may not happen.
 
johnjm22 said:
This little piece of news isn't getting enough talk around here:
NHL/NHLPA talks on CBA include escrow cap, salary deferral for players - Sportsnet.ca


That's kind of unfortunate for LA. The idea with the Kopitar/Doughty contracts is that they would take up a smaller and smaller percentage of the cap with each passing year. Now that may not happen.
Click to expand...
I see it as good news. We have cap space during this period of time and other teams don't. That's an advantage for us.
 
  • Like
Reactions: crassbonanza
I am only willing to commit to two-year deals for older players, and that's only if the kids need more time to develop.
 
  • Like
Reactions: KopitarGOAT420
Rusty Batch said:
Kings will have a lot of cap space over the next few years. They will also have a large number of players on ELC's, who are typically the most valuable players in the league in terms of outperforming their contracts.

There is a lot of creative ways we can spend this cap space. But mostly my strategy revolves around overpaying high level players on short term contracts. I definitely don't want to get locked in to long term contracts when we will have young players to resign in 3 or 4 years. But I don't mind paying someone like Pietrangelo 12-14 mil per for 3 years, because that money will just go unused if we don't.

So what's your thoughts? Turn this period of time, when we will have players drastically outperforming their contracts into a cup window. Or be mediocre for a year or two and grab a couple more mid first round picks?
Click to expand...

Why is Pietrangelo doing that? That's only about $39m for 3 years. He could probably get in the first 3 years on a 7 year deal, and then not have to worry about getting injured or old in the next 3 years before he needs a new contract. Say he got a Doughty type contract from somewhere. Is he going to get $49m for 5 years at the age of 33? Hossa going to Detroit for a year is a one in a million scenario under the cap, and he didn't even get a Cup out of it.

When they knew they were getting Doughty, they accelerated everything. Between the 08 draft and the summer of 09, they added Doughty, Stoll, Greene, Williams, and Scuderi. Smyth too, even though he wasn't part of the winning, but he was a vet they brought in to start actually competing.

You hate to throw away ELC years. They lucked out a bit when they won the Cup in the first year after Doughty got his 2nd contract. Didn't even get out of the 1st round before that happened. The Hawks had already been to the conference final and won the Cup before Kane and Toews were paid. Vilardi has already lost a year, but they might have Turcotte and whoever they pick on those contracts for 3 full years.
 
KingsFan7824 said:
Why is Pietrangelo doing that? That's only about $39m for 3 years. He could probably get in the first 3 years on a 7 year deal, and then not have to worry about getting injured or old in the next 3 years before he needs a new contract. Say he got a Doughty type contract from somewhere. Is he going to get $49m for 5 years at the age of 33? Hossa going to Detroit for a year is a one in a million scenario under the cap, and he didn't even get a Cup out of it.

When they knew they were getting Doughty, they accelerated everything. Between the 08 draft and the summer of 09, they added Doughty, Stoll, Greene, Williams, and Scuderi. Smyth too, even though he wasn't part of the winning, but he was a vet they brought in to start actually competing.

You hate to throw away ELC years. They lucked out a bit when they won the Cup in the first year after Doughty got his 2nd contract. Didn't even get out of the 1st round before that happened. The Hawks had already been to the conference final and won the Cup before Kane and Toews were paid. Vilardi has already lost a year, but they might have Turcotte and whoever they pick on those contracts for 3 full years.
Click to expand...
Well my point is that you could throw a FAT short term contract at Pietrangelo for 3 or 4 years. One of the ideas I threw out there was give him 42 mil over 3 years. He might not accept that but it certainly would be tempting for him.

It's hard for me to believe that with the cap being fixed at around 80 mil for 3 years that someone would give Piety more than 8×10 mil. I would think 8x9 is more likely and even that sounds high.

So if he is going to get say 8X9 for 72 mil total. Than he would at least be tempted to move to Hermosa Beach on a good team and make 42 mil in 3 years. All he would than need is to sign a 5yr X 6mil deal at age 33 to recuperate that full 72 mil. It's at least reasonable and worthy of discussion.
 
johnjm22 said:
I think you can kiss the idea of L.A. signing any significant free agents goodbye.

The Anschutz Corporation major holdings are AEG (getting slammed), Regal Cinemas (getting really slammed) and Energy (also getting slammed).
Click to expand...
I think LA Kings have proven to be a team willing to spend up to the cap. That is an expectation for big market teams. A lot of franchises will be going through similar struggles financially but many of them will spend to the cap. And to be clear we can throw quite a bit of money at players and STILL be well under the cap. We have a lot of cap space over the next few years and the ability to fill any openings on our roster with ELC players which just further increases that space as more of our vets contracts fall off the books.

As a fan I think it's reasonable to expect your franchise to make use of that space.
 
Rusty Batch said:
I think LA Kings have proven to be a team willing to spend up to the cap. That is an expectation for big market teams. A lot of franchises will be going through similar struggles financially but many of them will spend to the cap. And to be clear we can throw quite a bit of money at players and STILL be well under the cap. We have a lot of cap space over the next few years and the ability to fill any openings on our roster with ELC players which just further increases that space as more of our vets contracts fall off the books.

As a fan I think it's reasonable to expect your franchise to make use of that space.
Click to expand...

I highly doubt we'd ever make the move your suggesting but if we did itd be because management thought we were in win now mode. If not, its just smarter to use that cap to aquire future picks and prospects.
 
Cap Space or not...it will be great when the likes of Lewis,Brown,Quick and Carts come off the books,not that we're paying much for Jeff these days...ditto for Quick. Its like a whole new slate with a bunch of promising players that may take us to the play-offs again...Stanley Cup,not yet,but getting there is a positive
 
  • Like
Reactions: Rusty Batch
I say no on overpaying for UFA for 3-4 years.

As others have pointed out, AEG is getting slammed hard. I'd rather they go cheap now and spend more later when the kings are looking to contend.

And a flat cap now when the kings don't have that many long term contracts in comparison to other teams is to the kings advantage. Other teams signed their players to mid and longer term contracts when there was an expectation of a rising cap.

As it is, the only players signed beyond 2022 are Koptar, Doughty, and 1 year of Quick. And Quick isn't overpaid compared to Price, Bob, and Rask. Fleury is at $7 million as well.
 
  • Like
Reactions: Ghetty Green
Blake told the Insider that they want to sign a left handed D in free agency and that is a pressing need. They've drafted some top end forwards the last few years, and they shoud be trickling up to get their minutes in.
I go for Krug, who at 29, is a good age, and wants a 6 yr, deal at 8M per . Bruins have some other contracts to get to and 700K in CAP space. As much as he'd like to stay, they might not be able to afford him.
 
Rusty Batch said:
Well my point is that you could throw a FAT short term contract at Pietrangelo for 3 or 4 years. One of the ideas I threw out there was give him 42 mil over 3 years. He might not accept that but it certainly would be tempting for him.

It's hard for me to believe that with the cap being fixed at around 80 mil for 3 years that someone would give Piety more than 8×10 mil. I would think 8x9 is more likely and even that sounds high.

So if he is going to get say 8X9 for 72 mil total. Than he would at least be tempted to move to Hermosa Beach on a good team and make 42 mil in 3 years. All he would than need is to sign a 5yr X 6mil deal at age 33 to recuperate that full 72 mil. It's at least reasonable and worthy of discussion.
Click to expand...

A lot of that is assuming a lot of the prospects are all going to be good at the same time. Going all in on one guy, who is already 30, is that the way to go? Would it make more sense to bring in three $5m players? How about two $7m guys?

If the Kings as a team aren't ready in the next season, now Pietrangelo is fully 31, quickly heading to 32. What are you buying in that scenario? Give me a Mike Richards at 26, where if it doesn't happen right away, at least in theory, you have a few extra years before a guy breaks down. Not that Pietrangelo must be an old 30, 31, or even 32, he may be the best defenseman in the league 2 years from now.

This is why GMs make the big bucks.
 
  • Like
Reactions: Rorschach
KingsFan7824 said:
Why is Pietrangelo doing that? That's only about $39m for 3 years. He could probably get in the first 3 years on a 7 year deal, and then not have to worry about getting injured or old in the next 3 years before he needs a new contract. Say he got a Doughty type contract from somewhere. Is he going to get $49m for 5 years at the age of 33? Hossa going to Detroit for a year is a one in a million scenario under the cap, and he didn't even get a Cup out of it.

When they knew they were getting Doughty, they accelerated everything. Between the 08 draft and the summer of 09, they added Doughty, Stoll, Greene, Williams, and Scuderi. Smyth too, even though he wasn't part of the winning, but he was a vet they brought in to start actually competing.

You hate to throw away ELC years. They lucked out a bit when they won the Cup in the first year after Doughty got his 2nd contract. Didn't even get out of the 1st round before that happened. The Hawks had already been to the conference final and won the Cup before Kane and Toews were paid. Vilardi has already lost a year, but they might have Turcotte and whoever they pick on those contracts for 3 full years.
Click to expand...

i'M NOT Saying they go all in this summer, but getting #2 OA after the last few years echoes of the Doughty draft.

We have prospect depth up the wazoo as well as a ton of picks this draft and next. Those are going to start getting turned into players. your whole team can't be 18-21.

Though again, looking around the league, I don't see many Mitchells, Stolls, Williams' anymore.
 
  • Like
Reactions: Butch 19 and andys
You must log in or register to reply here.

Latest posts

Ad

Upcoming events

Ad

Top Bottom