Every July 1, NHL General Managers fall over each other to shell out big-ticket deals to mid-ticket players. This has led to countless cap disasters, with recent buy-out victims like Brad Richards, Ed Jovonovski, and Ville Leino being perfect examples. (Though nothing beats the David Clarkson contract in terms of bad value). In general, the biggest overpays tend to be for defencemen and centres, because they’re generally in shortest supply.
What’s worse is that many of these mid-level players are also past their prime. In general, most players peak in their mid-to-late 20’s. But what you’ll find is that most of the free agents are well into their 30’s. In fact, if you like at the UFA list, you’ll see that among the top-20 previous salary earners, only 1 of them (Paul Stastny) is under 30. That isn’t to say that there aren’t any bargains further down the list, but it’s safe to say that there will be more bad contracts given out on Tuesday than good ones. Continue reading