There's been no end to the griping since July 1 about some of the contracts Habs GM Bob Gainey handed out, and it appears most of the negative press has been aimed at Brian Gionta and Mike Cammalleri.
Throw in the acquisition of the Scott Gomez contract, and there are more than a few out there who believe Gainey has gone completely bonkers.
I'm not one to argue, but if you want to think Gainey has lost his marbles, then it should be because of his plan to have so many key players hit unrestricted free agency at the same time, and not necessarily the contracts he either acquired or signed to replace those departed components.
There's a reason why everyone in hockey not named Glen Sather knows that a team is not built through free agency or trades, but rather by good drafting and development. The free agent market is supposed to be used to plug holes, or add that one final piece to a near-completed puzzle. It is not the ideal way to completely rebuild a team, as Gainey has done here.
The primary reason for that? The unrestricted free agent market almost always leads to buyer remorse, the only question is how long will it be before that sets in.
Gomez signed his gargantuan seven-year, $51.5 million deal with Sather's Rangers two years ago, and he's already been shipped out of town. Paul Holmgren in Philadelphia would love to do the same with Daniel Brière, but he'd have to find a pretty desperate man to take that contract off his hands, like Sather did.
So, just how bad are these supposedly horrible deals for Cammalleri and Gionta? To figure that out, they need to be looked at in context.
I pulled up the 15 richest contracts signed by UFA forwards who
switched teams since the summer of 2006, because players generally give their own team a bit of a discount when they re-sign. Then, I averaged out their stats from the three years prior to signing that contract on a per game basis so as not to unduly penalize an injury-plagued season, but also added the average number of games they played over those three seasons. The final factor was their age when they signed.
Here's what it looks like, in descending order of $$ value:
Marian Gaborik, New York Rangers, 2009
27 years old
$7.5 million x 5 years
47.3 GP, .646 GPG, .56 APG, 1.206 PPG
Scott Gomez, New York Rangers, 2007
27 years old
$7.357 million X 7 years
78 GP, .253 GPG, .657 APG, .910 PPG
Chris Drury, New York Rangers, 2007
30 years old
$7.05 million X 5 years
78 GP, .363 GPG, .447 APG, .810 PPG
Daniel Brière, Philadelphia Flyers, 2007
29 years old
$6.5 million X 8 years
70.3 GP, .420 GPG, .640 APG, 1.06 PPG
Ryan Smyth, Colorado Avalanche, 2007
31 years old
$6.25 million X 5 years
76 GP, .423 GPG, .430 APG, .853 PPG
Mike Cammalleri, Montreal Canadiens, 2009
27 years old
$6 million X 5 years
75 GP, .400 GPG, .513 APG, .913 PPG
Marian Hossa, Chicago Blackhawks, 2009
30 years old
$5.233 million X 12 years
76 GP, .487 GPG, .543 APG, 1.03 PPG
Brian Rolston, New Jersey Devils, 2008
35 years old
$5.062 million X 4 years
80.3 GP, .397 GPG, .440 APG, .837 PPG
Martin Havlat, Minnesota Wild, 2009
28 years old
$5 million X 6 years
57.3 GP, .367 GPG, .550 APG, .917 PPG
Brian Gionta, Montreal Canadiens, 2009
30 years old
$5 million X 5 years
75 GP, .307 GPG, .397 APG, .704 PPG
Marc Savard, Boston Bruins, 2006
29 years old
$5 million X 4 years
64.7 GP, .337 GPG, .687 APG, 1.024 PPG
Alex Kovalev, Ottawa Senators, 2009
36 years old
$5 million X 2 years
77.7 GP, .337 GPG, .500 APG, .837 PPG
Kristian Huselius, Columbus Blue Jackets, 2008
29 years old
$4.75 million X 4 years
80 GP, .330 GPG, .463 APG, .793 PPG
Ryan Malone, Tampa Bay Lightning, 2008
29 years old
$4.5 million X 7 years
72.7 GP, .297 GPG, .277 APG, .574 PPG
Jason Arnott, Nashville Predators, 2006
31 years old
$4.5 million X 5 years
75.3 GP, .230 GPG, .453 APG, .683 PPG
The first thing that jumped out to me, after laughing over the fact the Rangers had the top three players on the list, is how the overwhelming majority of these contracts are now headaches for their respective teams. Two of the top five players here (Gomez and Smyth) were traded this summer, and Holmgren would love to shed Brière's contract and I have no doubt Sather would jump at moving Drury in spite of the intangibles he brings to the table.
I would say there are only two contracts on the list, aside from those signed this summer, that represent good value - Savard and Arnott. But both of those were signed under a far lower salary cap than we have today, one that doesn't look like it will continue skyrocketing, at least not at the same pace.
But, if you accept this as the reality of the UFA market, I would have to say that Cammalleri's contract is just about where it should be based on his consistent level of production over the past three seasons, his durability and his age. That's not to say it won't turn out to be a millstone, but his deal is a product of the system, so it should be judged that way.
Gionta, on the other hand, appears to be grossly overpaid based on his production. Of the 15 players on the list, only Arnott and Malone were less productive going into their new contracts than Gionta has been over the past three seasons. Except Arnott and Malone are at the bottom of the list, and Gionta's closer to the middle.
I realize that Gainey was trying to reunite him with Gomez in the hopes they could recapture the magic of 2005-06, when they both put up career years, but that shouldn't be a factor in how much Gionta gets paid.
With Gionta's steady decline in production in the three seasons since then, you would have to believe Gainey could have saved a pretty significant amount of money in signing Gionta, say $1 million per season or so.
Considering how tight the Habs are with the salary cap this season, that $1 million would come in pretty handy right about now.