Confirmed with Link: Rangers re-sign Henrik Lundqvist [7 years, $59.5M, $8.5M AAV, Full NMC]

[ecemleafs]

AND we got bent over in the terms?

Not a shred of hometown discount there. Wow.

if u believe that he wudnt have gotten more on the open market than yes, there is no hometown discount. i think he would have gotten more with multiple teams bidding against eachother. as for the NMC, wouldnt anyone in henkes position push for a NMC with this organizations history of burying or moving big cap hits since the 05 lockout?

 

[TankLarkin]

Maybe he'll start playing like The King again now that this is behind him.

 

[pld459666]

He's not a million better than Rask or Rinne.

THAT is my problem with thsi deal.

He's better than both, that I agree with. Marginally.

He should have been signed to a deal that averaged out to 7.5 per over 7 years.

that would have made him the highest paid goalie for the life of the contract as most other goalies that are close in talent and consistency are already signed long term.

Additionally, I personally would want to ear mark a TOTAL of 8.5-9 million to the goalie position (starter+Backup)

We have seen over the last few years that you can win a cup without an elite level goalie.

Ward, Giggy, Fleury, Howard, Crawford and Quick

Not one is as good or as consistent as Hank is and they all have cups.

I believe it's a mistake to sign a goalie to a contract that pays him that kind of money.

regardless of stats.

 

[Raspewtin]

This is going to be a bad contract in year 6 and 7. By then the cap will be at $100 million hopefully......

No that actually sounds about right. With the Rogers deal, outdoor games, and the growth of the sport in general, the NHL revenue just keeps going up. More revenue = higher salary cap.

It's actually very possible the cap is around $100 mill in 6 years.

 

[broadwayblue]

This is going to be a bad contract in year 6 and 7. By then the cap will be at $100 million hopefully......

Based on what? Is it a certainty that Hank will be a shell of his former self at age 37?

 

[The Gloaming]

A cap hit that is $200K less than Crosby. Yeah, GREAT DEAL.

Malkin, Getzlaf, Perry , Ovechkin all have higher cap hits than Crosby.

If this contract was under previous CBA rules, the rangers would just be able to tack on dummy years at the end that would lower the cap hit. But you can't do that anymore.

 

[Sidgeni Malkby]

Coming in peace....

Building starts from in goal, if you have the opportunity...
Hank is a franchise goalie, and has been elite since day-1. I think this is a great signing by the Rangers. It's equivalent to the Devils keeping Brodeur for his career.

I honestly though after he didn't sign last summer that he would be leaving. Happy for you guys that I (and many Rangers fans around me) were wrong.

Those who are complaining about the salary...
You could save $4M/yr in nets and play merry-go-round with the goalies (ala Philly). Considering that $4.5M savings won't really net you the elite forward you want.

Sather needs to do better salary management, but that's a different problem .

PS: no trolling intended...just so there are no misinterpretations.

 

[Levitate]

NMC is pretty irrelevant IMO. If the Rangers reach the point where they want to trade him I kind of expect Lundqvist wouldn't want to just hang around at that point either. It gives him power to decide where he wants to go but I don't see it really being an issue.

It's doubtful the Rangers will want to trade him so it's more of a piece of mind thing most likely.

 

[Nanaki]

It's a little on the high end but solid none the less. Hopefully with this behind him he can become a little more focused and be the Hank we're used to.

 

[ecemleafs]

Malkin, Getzlaf, Perry , Ovechkin all have higher cap hits than Crosby.

If this contract was under previous CBA rules, the rangers would just be able to tack on dummy years at the end that would lower the cap hit. But you can't do that anymore.

its amazing that an active hfb member still cant comprehend the differences in contracts signed under different cba's or RFA signed contracts and UFA signed contracts.

 

[OverTheCap]

The NMC should come as a surprise to no one. He's a franchise player and that's what all franchise players get. And it's a very good idea to get an NMC with Sather as GM, considering he traded away Leetch who should have been a lifelong Ranger.

 

[mrhockey193195]

I wonder how much of a distraction this contract stuff was for Hank. I'm hoping it was somewhat, so that he starts playing up to his usual ability!!!

 

[LORDE]

Wade Redden, Scott Gomez, Chris Drury, Brad Richards, Bobby Holik.

It's not paying Henrik that prevents signing scoring talent it's signing 2 or 3 forwards as if they have scoring talent when they have no scoring talent.

Right now Nash, jagr and gabs are the only ones who lived up to the billing so far and Nash has quite a way to go. 2 of them we got in trades not by signing tho so really Gabs is the only scoring talent we actually signed that performed up to his contract. In terms of bottom line talents I believe singin pointed out that we have spent about 35 mil in the last 6 years on mercs and almost none of them worked out so that is an area of concern as well.

Pyatt, Poo, Rupp, Boog, Brashear& Asham are examples. In hindsight I feel like we should have given Prust the money if for no other reason than he would have cost about the same as those guys did (little more) and we actually knew he would do his job unlike those guys who were either bums or just too old.

Ironically the thing that seems to hold back this team is it's ability to sign talent and when the organization is free to spend to the cap it means the scouts in charge of NHL scouting are doing a horrendous job and/or we target the wrong FA's constantly.



Excellent point. Anyone clinging to the notion that his cap hit prevents us from signing talent is not thinking clearly and is also ignoring the facts of the past few years.

In a thread full of ridiculous statements, flat out fallacies, hyperbole and a complete lack of gratitude... I applaud you for being an island.

 

[KingWantsCup]

I'm honestly pissed off with this deal, even as a big Lundqvist fan. Had Lundqvist continued his play for the remainder of the season he would have hardly made $7M on the open market. I am so disappointed that this was the best Sather could come up with given a position of moderate leverage with his poor play. Lundqvist is now an immovable, overpaid ticking time bomb. I still like him, but to be brutally honest I would have much rather traded him and started Cam over giving Lundqvist this borderline albatross of a contract. Butterfly goalies do not age well. Smh.

 

[Infinitum Vitae*]

It's a little on the high end but solid none the less. Hopefully with this behind him he can become a little more focused and be the Hank we're used to.

I honestly do believe that the contract was in his head and messed with his play

 

[Callagraves]

My god are people short sighted.

 

[The Undertaker]

Will be looking absolutely horrendous in about 3 years or so

 

[Callagraves]

I'm honestly pissed off with this deal, even as a big Lundqvist fan. Had Lundqvist continued his play for the remainder of the season he would have hardly made $7M on the open market. I am so disappointed that this was the best Sather could come up with given a position of moderate leverage with his poor play. Lundqvist is now an immovable, overpaid ticking time bomb. I still like him, but to be brutally honest I would have much rather traded him and started Cam over giving Lundqvist this borderline albatross of a contract. Butterfly goalies do not age well. Smh.

I honestly can't agree with a single part of this post.

Lundqvist would have broken 9Mil on the open market.

Sather had zero leverage, other than that Hank wanted to stay in New York (there's always the Islanders).

Trading Lundqvist would have been the franchise's single biggest mistake in history. Worse than Jessiman.

Cam Talbot has about as many wins as Henrik Lundqvist has Vezina finalist seasons. I love what I've seen from him, but he's as unproven as Scientology. You don't let go from one of the best in the world to take a gamble with a shiny new toy.

 

[Miller Time NYR]

My god are people short sighted.

Seriously

 

[Callagraves]

Rangers sign Free Agents?

"Ugh, when is Slats going to learn you can't buy a championship?!"

Rangers re-sign the best goaltender to put on the sweater, still in his prime?

"Ugh, now we won't have any money for Free Agents!"


Unbelievable.

 

[Lone Ranger]

I wanted to keep Lundqvist; but this is too much money for too many years

 

[TonyTheGr8]

8.5 Mill for a friggin goalie past his prime. This team is done for. Should've traded him and gone for Talbot. Cheaper, better, younger, money for offense. A goalie can't score goals!!!

*Sigh*

 

[Beacon]

Glad he took the Hometown DISCOUNT!!!!!

On the open market, Lundqvist would've gotten $9+, particularly once news of the cap increase became official.

 

[JESSEWENEEDTOCOOK]

Not great, not terrible, but necessary. Now Sather needs to do what he did in 11-12 and give the guy an above average team in front of him.

 

[frozenrubber]

AND we got bent over in the terms?

Not a shred of hometown discount there. Wow.

In all his contracts to date, Lundqvist has never left money on the table. The only possible concession you could argue here is not getting the 8th year, but I don't think a single person in the NHL should get a 8 year deal.