Monday, June 30, 2008

Welcome to the pissing contest

A few days ago, the Tampa Bay Lightning acquired the rights to negotiate with Ryan Malone and Gary Roberts, with a 2009 draft pick going to Pittsburgh.

Then, we learned last night that Malone has signed a deal with the Lightning, a deal that will pay him $31.5M over 7 years. He will receive $7M and $8M in those first two years.

We all knew that Malone was likely searching for his big pay day, and his numbers from the second half of the season helped to launch him into that group of free agents that teams wanted to sign.

I don't want to disrespect Malone or anything, but I honestly don't like this deal.

I think that Tampa is overpaying Malone with this contract. Sure, his cap hit is $4.5M/year, but figures like $7-8M for a 51-point player (only one season, remember?) is a little ridiculous.

How is this going to impact on the rest of this year's free agent class? We saw Briere get an insane contract last year, so I imagine that THAT trend will continue. However, I have to believe that Malone's contract may make things a little worse.

Look at it this way - an impending free agent wants to know what kind of contract to demand from potential suitors. He looks at what other players are making and what other players are being awarded. A guy like Marian Hossa must look at Malone's contract and realize that he should get a bigger pay day because he's a better player. If that's the case, what are the chances that he'll resign with Pittsburgh?

Sure, the salary cap just went up several million dollars, but I believe that more and more players are demanding (undeserved) higher salaries. It's almost like a pissing contest - let's see who can get more money and more years. I believe that there are very few players who should be able to make more than $6M/year, and this pissing contest of sorts is only making it harder for a team to sign an impact player.

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