It's interesting to see how other teams view this. Let's look at the first four draft picks from from 2007 through 2010 (Johansen's year) and what term of deal these players were given for their second contracts:
2007:
1) P. Kane.... 6years
2) Van Riemsdyk..6 years
3) Turris..Bridge 2 year
4) Hickey..one year two way deal
2008:
1) Stamkos.. 5 years
2) Doughty... 8 years
3) Begosian..7 years
4) Pietrangelo..7 years
2009:
1) Tavares ..6 years
2) Hedmen..5 years
3) Duchene..5 years
4) E. Kane...5 years
2010:
1) Hall... 6 years
2) Seguin..6 years
3) Gudbranson.. Bridge-2 years
4) Johansen..?????
7) Skinner...6 years
Of the 15 players other than Johansen, 12 signed second contracts in the 5-8 year range. Two signed bridge deals and one was a washout who had to sign a one year two way deal.
Many of these longer term contracts were signed in the player's second year on their ELC-before they posted up the numbers that they did in year 3 of their ELCs. It was clear to the management in 12 out of the 15 cases (80%) that their high draft picks were worthy of long term deals before "proving themselves" for a second full season in most of the cases.
Management in EVERY SINGLE CASE of a player who showed top performance (Turris, Hickey and Gundbranson were the players who didn't) felt that these players were worthy of a long term deal and not a bridge deal. The notion of locking up a top player for 11 years (including all 4 1st overall picks) was not their strategy. EDIT: If the Jackets want an 11 year lock on Johansen, then they should sign him to an 8 year deal like the Kings did Doughty. 3 years ELC + 8 year extension=11 years.
If you "bridge" guys think that Johansen is closer to Turris, Hickey and Gundbranson than he is to the 12 other guys, then I guess that we differ on our evaluations of Johansen. 21 year old players who are generally the most dominant player on a team (as Johansen was more than any other player last season on the CBJ) generally aren't due for a "regression" and the dominance they displayed is usually seen as a confirmation of their high draft status. At least in 12 of the 12 other cases since 2007.
Does anyone here think that Jeff Skinner, the Hurricane's 7th overall pick of Johansen's 2010 draft is a better long term bet than Johansen? The Hurricanes signed him to a 6year $34 million extension after his 2nd year of his ELC when he posted 24 points in 42 games.
Jarmo needs a quick introduction to top draft pick and proven productive RFA values and contracts. Soon. He's living in a bridge fantasy world which has already cost the team million$ with Bob and will with Johansen. Ryan Murray might, unfortunately, give Jarmo a trifecta on top RFA mismanagement. I'll allow him to use this contribution as his primer for a lousy 2 season tix 12 rows up at center ice. All Star tickets included
Great analysis and very good support for your feeling.
This is why I think you lose a lot of people and why they want bridge contracts:
1. If you do a bridge + long term you do own the asset for longer (2 years)
2. Let's look at stats, Joey really amounted to nothing his first two years. Arguments about use, etc aside, stats are what matter to an arbitrator and that's the look we'll take for judging value (I dropped D men for a better comparison since that's even more apples to oranges than W to C).
P. Kane - year 1: 21G 51A, year 2: 25G 45A
JVR - year 1: 15G 25A, year 2: 21G 19A
Stamkos - year 1: 23G 23A, year 2: 51G 41A
Tavares - year 1: 24G 30 A, year 2: 29G 38A
Duch - year 1: 24G 31A, year 2: 27G 40A
E Kane - year 1: 14G 12A, year 2: 19G 24A (year 3: 30G 27A)
Hall - year 1: 22G 20A, year 2: 27G 26A
Seguin - year 1: 11G 11A, year 2: 29G 38A
Skinner - year 1: 31G 32A, year 2: 20G 24A (lost 20 games)
So long term upside aside (hence your question about Skinner being better), if you trend all of these players accomplished more than Joey.
Joey - year 1: 9G 12 A, year 2 5G 7A (short season)
Joey's numbers just aren't in the same category as the above. If we add in year 3 Joey explodes where most of these guys continue their trend. JVR is the one exception and up until recently he was considered over paid and borderline bad contract. Also on Duchene, but you missed his bridge deal 6/2012, and by then he had proven more.
The best comparison is Seguin based on both development and play. The only thing is, Seguin has his banner year in 2 and Joey did his in 3. That's an important difference since Seguin signed that contract in Sept before year 3 (when he put up 25/15 in 29GP in NLA and 16/16 in 48 GP NHL). So a Seguin level contract will be fair (accounting for market change, so slightly more money) but not until Joey has another good season under his belt.
Basically you need at least 2 good years to get a long term contract and even then you might get a bridge (Duchene, PK Subban) if a GM is trying to be cautious and maximize his asset's time (yet PK is going to cost MTL more now because of this). There is a flip side of the coin where guys like Setogucci and Michalek have been flashes in the pan for their top performance levels but got paid. Or players like RNH and Eberle who have shown some regression but still got paid. That's why we go the cautious route and get at least 2 years of proof.