They also have to do with value. Pan's a bad value at this point and has been for years. He's not the 2nd best player in the NHL, he's not the 15th best player. His sole contribution is scoring and he was 17th regular season. He's probably the 35th best player in the NHL if he is lucky. In the playoffs he wasn't the 50th best player. Hell he wasn't even the 10th best NYR...
Why are we arguing this at this point? He's a regular season producer who has failed us in the playoffs. Does he suck? No. He produces at a high level during the regular season. Is he worth 11.5 million AAV? f*** no. Anybody think he is?
I'm not arguing he's overpaid, I'm arguing that he has to be the second best player in the world because at the time he had the second highest contract. I don't know where his contract stands now but as mentioned the cap realities changed because if Covid. You're also using his later contract years most contracts look worse in the final years.