Tuesday, September 11, 2012

Tyler Seguin gets contract extension.

The NHL owners have been saying that they want to roll back player salaries. The onwers also want to limit the amount of money that the owners pay to players out of Hockey Related Revenues.

The NHL owners said in their first and second CBA proposals to the NHLPA that the owners were also concerned about the length of player salaries and that the owners don’t want any contracts to extend past the five year mark.

Based on everything that we have seen lately – it would appear that the “certain” owners haven’t got that memo yet – nor are they ready to get into line.

As we have been told all summer long that there are owners who are claiming that they’re suffering financial hardships and need the NHLPA to make huge concessions to the owners. The owners led by Gary Bettman are going to lock the players out if they don't get NHLPA to agree to roll back players’ salaries.

While to some that might seem reasonable – the amount they are asking – doesn’t seem all that reasonable. I don’t know too many people that would like to have their pay checks cut 11-14 percent.

If you looking at this from the outside it would appear that owners are saying one thing; while other owners are doing another thing. To some it could appear like the NHL owners are talking out of both sides of their mouths.

Today, the number two pick of the 2010 NHL draft – Boston Bruins center Tyler Seguin signed a six year contract extension for 34.5 million dollars, if you’re doing that math that’s worth $5.75 year for the life of the deal.

While the NHL owners and NHLPA have three and a half days to avert a lockout – there are still NHL owners that want the maximum length of an NHL contract to be 5 years – nothing seems to have changed on that point. Then why is it that NHL teams continue to sign players to contracts that are longer than five years long?

The Tyler Seguin contract isn’t an enigma.

Cough, cough, cough!!!

Just to name a few... The Edmonton Oilers recently signed the number one pick of the 2010 NHL Draft Taylor Hall for seven years contract extension worth $42-million that is 6 million dollars per season.

But the Edmonton Oilers weren’t done there the team also signed another one of their top young forwards Jordan Eberle to a six-year year extension worth $36M that is 6 million dollars per season.