Over the weekend, the arbitrator awarded Antti Niemi $2.75 million contract, which is roughly $1 million less than his agent was seeking. So it seemed to be a victory for the Hawks, since they could theoretically fit Niemi's new contract under the cap...barely.
Wrong.
Today the Hawks said "Thanks for your hard work. Good luck somewhere else." And now Niemi is a free agent.
Instead, the Hawks signed veteran Marty Turco to a 1 year $1.75 million contract. This gives the Hawks roughly between $600K and $1.35 million of cap relief (it was rumored that Niemi's contract would have roughly put them 400K over the cap).
I really can't blame either side. Niemi is worth $2.75 million per year. However, it was very unlikely that the Hawks would have any money to re-sign Niemi next year anyways with Seabrook headlining that year's free agent class and Huet still being under contract for at least one more year (IIRC).
What does this mean for Chicago?Well, they've lost almost ALL of their depth. They still have very little cap space. Niemi was good, but there's no telling how his sophomore year would be. Would it be Roy-esque or would it be like Cam Ward (good, but nowhere near his rookie year)? Unfortunately, it's a risky loss for Chicago, but it just came one year earlier than expected.
What does it mean for Niemi?It could mean trouble. This isn't Carey Price throwing a tantrum. This is a good, upcoming goaltender who was on a team that liked him (and from what I could tell, he liked being a Hawk) and he just wanted to get what he was worth. There are teams that could use Niemi (San Jose, Montreal, Dallas, Atlanta, Philadelphia) but most can't afford it.
My guess? Niemi signs with the Flyers. Let's face it, this is Christmas for Philly and it wouldn't surprise me in the slightest if Niemi's stay as a free agent lasts less than 72 hours.
Niemi and Leighton combo with their D is a good potent combo. It may make Philly Stanley Cup favorites.
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If I had inside information in Montreal, I'd have a better idea but...
If I were Gauthier, I'd talk to Niemi's agent. If Montreal can get Niemi for cheaper than Price's asking price for the same or similar length of contract, I'd sign Niemi and tell Price to go take a flying leap...
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To respond to Goon: Setoguchi is a diver, but he's also a pretty decent player. I'd take Setoguchi before I'd ever consider Carcillo