Monday, October 01, 2012

Sports Net; Suter and Parise among Top 5 NHLers not losing money over lockout

ST PAUL, MN - JULY 9: Chuck Fletcher, general ...
ST PAUL, MN - JULY 9: Chuck Fletcher, general manager of the Minnesota Wild looks on as Ryan Suter #20 and Zach Parise #11 speak during a press conference on July 9, 2012 at Xcel Energy Center in St Paul, Minnesota. (Image credit: Getty Images via @daylife)
If there is one thing that we have learned during the 2012-13 NHL Lockout that we don't need to feel sorry for former Wisconsin Badger Ryan Sutter and North Dakota Fighting Sioux forward Zach Parise.

While other NHL players aren't getting a salary during the NHL lockout Sutter and Parise will be getting paid their 10 million dollar signing bonuses.
Patrick Hoffman; Sportsnet --- Ryan Suter, D, Minnesota Wild: $2 million

Much like Weber, his former defensive partner with the Nashville Predators, defenceman Ryan Suter had quite the interesting and rewarding off-season.

On the first day of free agency, Suter was signed to a 13-year deal worth $98 million by the Minnesota Wild. It was one of the most lucrative deals in Wild history, and one that must pay off if the team wants to become a postseason contender.

Suter is due to make $12 million total this season, which includes a signing bonus of $10 million. Therefore, should the NHL season be lost for the year, Suter will only lose $2 million of his salary.

Zach Parise, LW, Minnesota Wild: $2 million

The other most lucrative deal that the Minnesota Wild signed this off-season was to left winger Zach Parise.

Like Suter, Parise was also signed to a 13-year deal worth $98 million. The Wild, not known for their offensive prowess, now have someone who can produce on a consistent basis and a player that wields a ton of speed, a nose for the net, soft hands and the ability to create plays.

In an identical windfall to Suter, Parise is due to make $12 million this season with a signing bonus of $10 million. Like Suter, Parise will only lose $2 million if the lockout extends.
Just for the record I don't fault either player because they signed what they were offered during the off-season. I also think it's a bit of irony that the NHL owners while claiming to be hurting - there is at least one NHL owner that is going to have to pay 20 million dollars in player bonuses while the league is locked out. 
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