Kukla's Korner Hockey
from Spector at Fox Sports,
Several hockey pundits and bloggers have echoed Burke’s words, accusing Lowe of screwing up the player salary structure with his inflated offers for Penner and his earlier attempt to sign Buffalo’s Thomas Vanek.
Lowe has also been called hypocritical for engaging in the same wild spending that big-market teams under the previous labor agreement engaged in which once threatened small-market clubs like the Oilers.
Regardless of the criticism, Lowe is doing what he’s entitled to do under the collective bargaining agreement. Sure, the offers to Penner and Vanek were pricey, but Lowe has the available cap space, the willingness to use it, and offered what he believed would be enough to pry those players away from their respective teams.
from Eric Franicis of the Calgary Sun,
By signing Dustin Penner to a five-year, US$21.25 million offer sheet that gives the towering rookie ten times more money a year than he made in Anaheim, Lowe has suddenly become the sort of reckless GM that prompted a year-long lockout.
After years of lamenting the foolhardiness of people like Glen Sather, Mike Milbury and Bob Clarke, whose constant overspending drove the market up and threatened the very existence of small market teams like the Oilers, Lowe is now the irresponsible one.
from Terry Jones of the Edmonton Sun,
So is Burke right on the money, so to speak? Or is he getting his pound of flesh?
On a personal level, absolutely. On a professional level, all’s fair in love and war.
Grossly inflated salary?
The Oilers aren’t likely to be competitive if they don’t solve their scoring problems with goal scorers. And if Penner continues to improve, it might be fair value at some point. But today? No way.
Act of desperation?
An act of desperation by a general manager fighting to keep his job?
From the Anaheim Ducks,
The Anaheim Ducks will conduct a conference call this afternoon with Brian Burke at 5:15 Pacific Time.
NOTE: The Ducks will not announce today whether or not they are matching the tendered offer to left wing Dustin Penner.
KK plans to be on the conference call and will provide updates immediately as they become available.
(Anyone want to guess what’s up? Burke doesn’t call out-of-the-blue press conferences for no reason…)
Note: Summation of the conference call, and the full official transcript, available below.
from the Southwest Booster,
Grinning ear-to-ear Moen expressed his feelings in between photos with his friends, neighbors, and fans.
“It has fulfilled a childhood dream to be able to win the Stanley Cup and bring it back to my home town. It has been something special and it is great for the community.”
Moen’s older brother, Brant, who runs the family farm, echoed Travis’s sentiments.
“I always believed that my brother would win the cup, but seeing it drive into the farm this morning made it all real. It was almost unbelievable to see the Stanley Cup on the Moen family farm.”
from Terry Jones of the Edmonton Sun,
Of all the GMs in the league the one Lowe is probably closest to is Burke. They talk almost daily.
I find it difficult to believe that there wouldn’t be conversation, lots of conversation, before this happened.
As interesting as this may be from an Oilers perspective with Lowe having been unable to spend anywhere near his $45-million US budget, particularly to get a forward and specifically a left winger, its far more interesting from a Ducks perspective. Burke was on the record prior to the July 1 free agent frenzy saying if anybody went after Penner, he’d match.
Would he be first in NHL history not to match?
There’s a reason for him to take a pass.
from Dan Wood of the OC Register,
While the Ducks certainly want to keep Penner, the lucrative financial packaged tendered by Edmonton presents something of a challenge given the NHL’s $50.3 million salary cap per team. Including the $6.75 million due team captain Scott Niedermayer if he does not retire, the Ducks were looking at a salary-cap figure of at least $48.8 million before signing Penner.
Teams may go 10 percent above the salary cap during the offseason, but must be at or below the figure when the regular season begins. The Ducks’ projected player-payroll budget for 2007-08 had been in the $42 million to $44 million range before the club signed free-agent defenseman Mathieu Schneider to a two-year, $11.25 contract and free-agent right wing Todd Bertuzzi to a two-year, $8 million deal early this month.
The Edmonton Oilers are back at it again, tendering a five year, $21.5 million offer sheet to Anaheim Ducks Group II restricted free agent Dustin Penner.
The Ducks will have the right to match Edmonton’s offer for Penner. The Oilers, meanwhile, will not comment on the offer until after Anaheim’s decision.
Oilers general manager Kevin Lowe signed Buffalo Sabres forward Thomas Vanek to a seven-year, $50 million offer sheet in early July. The Sabres matched the offer to retain Vanek.
Niedermayer’s agent, Kevin Epp told CKNW in Vancouver Tuesday that his All-Star client is still mulling things over.
“I think a decision will be made more near the end of the summer, before training camp begins in Anaheim,” he told the radio station. “I think he still has a lot of things to do here and a lot of things to think about. I think he’s going to wait until then, and he’ll make a decision before the NHL season begins.”
from the Hockey Hall of Fame,
The Stanley Cup arrived and was taken first to the Miller family home, where family and a few close friends ran their fingers over the engraved surface, pointing out friends, former teammates and heroes.
Drew took the Stanley Cup over to Sparrow Hospital and shared his victory with the children in the pediatrics ward. It wasn’t his first visit there by any means, as he regularly visited the youngsters while attending college as part of the Spartan Buddies program.
About Kukla's Korner Hockey
Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
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