Weekes: Washington: Charlie Lindgren Extended (3.5M-4M AAV)

[Sota Popinski]

Fun with numbers time...

According to Puckpedia goalie contract cap hits take up $223M of the total $2,755M 2024-25 cap spend (not total available cap). That means 8.1% of cap spend is on goalies right now. When you work that out on an $88M cap, teams are spending roughly $7.1M per team on their goalies.

So spending $10M on goaltending should be considered "high" vs league average. $10M won't be 8.1% of the cap until/if it reaches $123M.

Why are you working that out on an $88M cap when the cap is going up at least $5M?

They're a top 5 tandem in the league and if one of them regresses, you have an out. I think their goalie situation is the best in the league right now

 

[ManofSteel55]

Can never have too much goaltending.

The money they save on Thompson theoretically gives them flexibility to sign a better back up/1b type of guy.

No, but you can sure spend too much on goaltending.

 

[PatriceBergeronFan]

Maybe they saw what happened to Swayman and Ullmark once separated and are learning from Boston’s mistake

That is not the mistake. The mistake is everything else Sweeney did and did not do this offseason.

 

[Flukeshot]

Why are you working that out on an $88M cap when the cap is going up at least $5M?

They're a top 5 tandem in the league and if one of them regresses, you have an out. I think their goalie situation is the best in the league right now

I used the current year and showed how high the cap will need to be for $10M to equal the same % as the current league average of 8.1% spent on goalies. I'm not stating an opinion at all... Boring? Yes. Bias? No.

 

[TheBeard]

I would have thought Lindgren would have wanted an opportunity to be a starter somewhere else.

 

[Sota Popinski]

I used the current year and showed how high the cap will need to be for $10M to equal the same % as the current league average of 8.1% spent on goalies. I'm not stating an opinion at all... Boring? Yes. Bias? No.

Who cares about the league average if your goalies are outplaying the league average? It's like saying "sure you live in a mansion, but you paid more." That's the point of paying more is to get more. The Capitals currently have the 2nd best save % in the NHL. Paying slightly above league average is worth it.

 

[Flukeshot]

Who cares about the league average if your goalies are outplaying the league average? It's like saying "sure you live in a mansion, but you paid more." That's the point of paying more is to get more. The Capitals currently have the 2nd best save % in the NHL. Paying slightly above league average is worth it.

They are right now, but look at the # of non elite goalies who get these type of contracts and end up in the AHL before they're done. I'm just commenting because there were a few comments criticizing the total spend and wanted to see what the numbers said! That's really it.

And with how much the cap is going up as per today's announcement, the 10m is gonna fall in line with that 8% soon enough

 

[SEALBound]

Man that's a lot of money on goalies. We'll see what the term is but this carries a lot of risk.

 

[Wallet Inspector]

Poor Logan Thompson just can't get a starting job.

 

[WreckingCrew]

*cries in Hurricanes* our best hope for a goalie to help Kochetkov next year was to grab whichever of Thompson/Lindgren Washington didn't sign. It's gonna be a war for Vejmelka with the remaining teams that need a G (assuming he even makes it to UFA)

 

[Drake1588]

I used the current year and showed how high the cap will need to be for $10M to equal the same % as the current league average of 8.1% spent on goalies. I'm not stating an opinion at all... Boring? Yes. Bias? No.

Yet the Caps aren't paying their goaltenders $10M against an $88M salary cap. They're paying their goalies $1.86M total this year.

It's for the next three years, most likely, maybe longer, when those two overlapping contracts will be in effect. Just because they signed extensions this week doesn't mean the Caps have $10M in goalies yet.

This $10M or so is measured against next year's $95M salary cap, fully $7M higher than this year. Then the cap continues to spike over the following two seasons. That's the whole point. You're locking people in to decent numbers now as a hedge against the unprecedented reality in which you already know what's going to happen to the salary cap (well, with a much greater degree of certainty, anyway) for three successive seasons. Usually you gamble as to what will happen with the cap. Now they know until 2028.

 

[Legend123]

Neither goalies were drafted and it could very well be the best goal tending tandem in the nhl

Pretty cool to see

 

[Ridley Simon]

I used the current year and showed how high the cap will need to be for $10M to equal the same % as the current league average of 8.1% spent on goalies. I'm not stating an opinion at all... Boring? Yes. Bias? No.

Yeah but those new salaries are NOT for this year. So gotta base it in the 95.7m cap that’s coming “next” season. Lindy at 3.5 + LT at 5.8 means 9.3m against 95.7m. So under 10%, as early as next year.

Gotta pay for quality. Just the way it is.

Look at the costs of the Top 20 teams tandems. I’d wager it’s more than 8.1%

 

[Langway]

This still isn't confirmed BTW.