Crease
Chief Justice of the HFNYR Court
- Jul 12, 2004
- 24,766
- 27,709
Open market value doesn't necessarily justify signing a player to that pricetag. A team like the Sabres that doesn't expect to spend to the cap ceiling for the next few years can justify spending $6m a year on a guy like Callahan, because of the culture he'll help set for a rebuilding franchise. A team like the Oilers that gets most of their offense from guys on cheap ELCs and RFA contracts can justify spending $6m on guy who doesn't bring a ton of offense but can provide much needed leadership. A team like Rangers that doesn't get a ton of offense from guys on their ELCs and RFA contracts and already has a solid leadership group in the locker room just can't afford to lock up $6m on what Callahan provides. It's bad asset allocation.